NOT LISTED FOR SALE

3337 38th Ave S Minneapolis, MN 55406

Cooper Neighborhood

Estimated Value: $413,000 - $490,000

5 Beds
2 Baths
3,120 Sq Ft
$147/Sq Ft Est. Value

Last Sold February 18, 2015

Last sale price $240,000 $77 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,158/month

77 Days on Market

About This Home

As of February 2015

Perfect for owner/occupant Units are identical except that 3337 has a legal 3rd bedroom in the lower level. Units are in good condition and have had good tenants.3339 also has egress in basement.Park and bus line on the corner.

Last Agent to Sell the Property

Sandy Loescher

Sandy Green Realty, Inc. Listed on: 11/07/2014

Co-Listed By

Ralph Loescher

Sandy Green Realty, Inc.

Last Buyer's Agent

Emily Green

Sandy Green Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,712

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x128
  • Partially Fenced Property

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Home Design

  • 3,120 Sq Ft Home
  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Kitchen

  • Range

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction
  • Basement Window Egress

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, snow, fuel
  • The owner pays for lawn, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,712

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Assessment Balance: 222
  • Construction: Previously Owned
  • Projected Closed Date: 02/20/2015
  • Taxes With Assessments: 3934
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Drainage System, Egress Windows, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1744
  • Total Fin Square Footage: 3120
  • Below Grade Finished Sq Ft: 1376

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Asphalt, Driveway - Shared, Fenced Yard - Partial

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40x128

Rental Info

  • Owner Expense: Lawn, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Snow, Fuel

Building Info

  • Year Built: 1950

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 4200

Tax Info

  • Year: 2014
  • Tax Value: 3712

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2014
Closed on
Feb 15, 2015
Sold by
Loescher Sandra L and Loescher Ralph H
Bought by
Wilkie Mark D
Seller's Agent
Sandy Loescher
Sandy Green Realty, Inc.
Buyer's Agent
Emily Green
Sandy Green Realty, Inc.
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Total Days on Market
77
Current Estimated Value
$460,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,190
Avg. Annual Appreciation
6.50%
Original Mortgage
$180,000
Outstanding Balance
$69,063
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$391,127

Purchase Details

Closed on
Jun 27, 2002
Sold by
Kalmen Susan Mary
Bought by
Loescher Ralph H and Loescher Sandra L

Purchase Details

Closed on
Oct 30, 1998
Sold by
Peter Joseph
Bought by
Kalmen Susan
Source: Public Records

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Range of Values:

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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
Wilkie Mark D $240,000 Titlesmart Inc
Loescher Ralph H $281,500 --
Kalmen Susan $98,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkie Mark D $180,000
Previous Owner Loescher Ralph H $204,094
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2015 02/18/15 Sold $240,000 -4.0% $77 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
11/07/2014 11/07/14 For Sale $249,900 -- $80 / 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
2023 $7,041 $432,000 $142,000 $290,000
2022 $5,436 $384,000 $121,000 $263,000
2021 $4,974 $320,000 $93,000 $227,000
2020 $5,382 $304,500 $68,900 $235,600
2019 $5,118 $304,500 $45,900 $258,600
2018 $4,658 $282,000 $45,900 $236,100
2017 $4,761 $254,000 $41,700 $212,300
2016 $4,351 $225,000 $41,700 $183,300
2015 $4,185 $195,500 $41,700 $153,800
2014 -- $170,000 $41,700 $128,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sandy Loescher

    Sandy Green Realty, Inc.

  • R

    Seller Co-Listing Agent in 2015

    Ralph Loescher

    Sandy Green Realty, Inc.

  • E

    Buyer's Agent in 2015

    Emily Green

    Sandy Green Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4692921

REALTOR® Association of Southern Minnesota

APN: 06-028-23-13-0113

Minnesota Hennepin County Minneapolis 55406 Cooper

3337 38th Ave S, Minneapolis, MN

This home is located at 3337 38th Ave S, Minneapolis, MN 55406 since 07 November 2014 and is currently estimated at $460,190, approximately $147 per square foot. This property was built in 1950. 3337 38th Ave S is a home located in Hennepin County with nearby schools including Howe Elementary School, Hiawatha Community School, and Sanford Middle School.

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