3233 48th Ave S Minneapolis, MN 55406
Cooper NeighborhoodEstimated Value: $337,000 - $439,000
2
Beds
2
Baths
1,420
Sq Ft
$273/Sq Ft
Est. Value
About This Home
As of October 2023Absolutely impeccable Tudor style double bungalow in a prime just steps to the river location! Welcome to 3233-3235 48th Ave S. This is a turnkey property with two pristine one bedroom one bath units. You will love the hardwood floors, coved ceilings, picture rails, and original mission style birch kitchen cabinets. There are newer appliances and both units have a dishwasher. The lower level is separated and each unit has its own laundry and storage. The backyard is quiet and backs up to the houses on Edmund Blvd & the river. There is a double garage! You’ll have easy access to the river trails. It’s convenient to local shopping and restaurants on Lake st, Grand Ave, and Highland Park. It’s convenient to Minnehaha Falls, either downtown, and the U of M. Great opportunity for an owner occupant or an investor. This nice of a duplex, in this nice of a location doesn’t come up for sale often. Simple to own and enjoy!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,146
Year Built
- Built in 1930
Lot Details
- 4,792
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,420 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Basement Storage
- Natural lighting in basement
Additional Features
- Lot Dimensions are 40x124
- Boiler Heating System
Community Details
- 2 Units
- Frazee & Jeromes Add Subdivision
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for insurance, repairs, trash collection, water
- Assessor Parcel Number 0502823230010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2023
Closed on
Oct 31, 2023
Sold by
Edward J Goldstein Trust
Bought by
Engelhardt Sarah
Seller's Agent
Travis Erickson
RE/MAX Results
Buyer's Agent
Jason Koenig
Coldwell Banker Realty
List Price
$369,900
Sold Price
$403,000
Premium/Discount to List
$33,100
8.95%
Total Days on Market
6
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,421
Avg. Annual Appreciation
-3.84%
Original Mortgage
$292,500
Outstanding Balance
$288,381
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$90,439
Purchase Details
Closed on
Oct 12, 2021
Sold by
Goldstein Edward J and Goldstein Ludmilla G
Bought by
Goldstein Edward J and Goldstein Ludmilla G
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Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Engelhardt Sarah | $403,000 | Great North Title | |
| Goldstein Edward J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Engelhardt Sarah | $292,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2023 10/31/23 | Sold | $403,000 | +8.9% | $284 / Sq Ft |
| 09/21/2023 09/21/23 | Pending | -- | -- | -- |
| 09/15/2023 09/15/23 | For Sale | $369,900 | -- | $260 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $5,822 | $364,000 | $212,000 | $152,000 |
| 2022 | $5,447 | $364,000 | $158,000 | $206,000 |
| 2021 | $5,025 | $303,000 | $130,000 | $173,000 |
| 2020 | $5,425 | $288,500 | $102,300 | $186,200 |
| 2019 | $5,192 | $288,500 | $70,700 | $217,800 |
| 2018 | $4,615 | $267,000 | $70,700 | $196,300 |
| 2017 | $4,716 | $240,500 | $64,300 | $176,200 |
| 2016 | $4,255 | $209,000 | $64,300 | $144,700 |
| 2015 | $3,910 | $182,000 | $64,300 | $117,700 |
| 2014 | -- | $167,000 | $61,300 | $105,700 |
Source: Public Records
Agents Affiliated with this Home
-
Travis Erickson
Seller's Agent in 2023
Travis Erickson
RE/MAX Results
(612) 729-7130
19 in this area
261 Total Sales
-
Jason Koenig
J
Buyer's Agent in 2023
Jason Koenig
Coldwell Banker Burnet
(612) 600-4594
1 in this area
159 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6433430
APN: 05-028-23-23-0010
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