NOT LISTED FOR SALE

3229 16th Ave S Minneapolis, MN 55407

Powderhorn Park Neighborhood

Estimated Value: $405,000 - $458,000

2 Beds
1 Bath
2,652 Sq Ft
$161/Sq Ft Est. Value

Last Sold March 12, 2015

Last sale price $231,500 $87 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,762/month

22 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Forced Air Heating System
  • 2 Car Detached Garage
  • Landscaped with Trees
  • Community Deck or Porch

About This Home

As of March 2015

Up/down Duplex with 2 BR in each unit. Beautiful hardwood floors throughout, all natural woodwork, 2 new boilers, 2 new water heaters, both units have updated bathrooms and kitchens. Great condition and solid rental history getting $1200 each unit!

Last Agent to Sell the Property

Lisa Vasa

RE/MAX Results Listed on: 02/17/2015

Last Buyer's Agent

Kari Lundin

Keller Williams Realty Integrity-Edina

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,413

Year Built

  • Built in 1922

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42x122
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,652 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Tenant pays for electric, lawn, snow, fuel
  • The owner pays for maint/repair, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,413

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 03/12/2015
  • Taxes With Assessments: 2413
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2652
  • Total Fin Square Footage: 2652

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Tree Coverage - Medium
  • Estimated Lot Dimensions: 42x122

Rental Info

  • Owner Expense: Maint/Repair, Trash, Water/Sewer
  • Tenant Expense: Electric, Lawn, Snow, Fuel

Building Info

  • Year Built: 1922

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 3300

Tax Info

  • Year: 2014
  • Tax Value: 2413

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2018
Sold by
Dassbach Paula
Bought by
Hawkinson Kaitlin Anne
Current Estimated Value
$425,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Outstanding Balance
$248,477
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$177,194

Purchase Details

Listed on
Feb 17, 2015
Closed on
Mar 12, 2015
Sold by
Sn2 Llc
Bought by
Dassbach Paula
Seller's Agent
Lisa Vasa
RE/MAX Results
Buyer's Agent
Kari Lundin
Keller Williams Realty Integrity-Edina
List Price
$225,000
Sold Price
$231,500
Premium/Discount to List
$6,500
2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Jul 31, 2009
Sold by
Deutsche Bank Trust Company Americas
Bought by
Sn2 Llc

Purchase Details

Closed on
Jun 9, 2006
Sold by
Tang Alan
Bought by
Liebert Scott A

Purchase Details

Closed on
Dec 1, 2005
Sold by
Premier Home Network Llc
Bought by
Tang Alan

Purchase Details

Closed on
Oct 19, 2005
Sold by
Mason Joyce L
Bought by
Premier Home Network Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hawkinson Kaitlin Anne $340,000 Edgewater Title Group Llc
Dassbach Paula $231,500 Stewart Title
Sn2 Llc $59,900 --
Liebert Scott A $310,000 --
Tang Alan $184,900 --
Premier Home Network Llc $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawkinson Kaitlin Anne $289,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2015 03/12/15 Sold $231,500 +2.9% $87 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $225,000 -- $85 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,054 $401,000 $82,000 $319,000
2023 $6,054 $445,000 $77,000 $368,000
2022 $4,403 $393,000 $52,000 $341,000
2021 $4,077 $325,000 $27,000 $298,000
2020 $4,056 $312,500 $36,800 $275,700
2019 $3,753 $289,500 $24,500 $265,000
2018 $3,212 $263,000 $24,500 $238,500
2017 $2,904 $205,000 $22,300 $182,700
2016 $1,919 $142,000 $22,300 $119,700
2015 $2,500 $123,500 $22,300 $101,200
2014 -- $107,500 $22,300 $85,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lisa Vasa

    RE/MAX

  • K

    Buyer's Agent in 2015

    Kari Lundin

    Keller Williams Realty Integrity-Edina

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4718089

REALTOR® Association of Southern Minnesota

APN: 02-028-24-14-0192

Minnesota Hennepin County Minneapolis 55407 Powderhorn Park

3229 16th Ave S, Minneapolis, MN

This home is located at 3229 16th Ave S, Minneapolis, MN 55407 since 17 February 2015 and is currently estimated at $425,671, approximately $160 per square foot. This property was built in 1922. 3229 16th Ave S is a home located in Hennepin County with nearby schools including Bancroft Elementary School, Andersen United Middle School, and Andersen Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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