Seller's Agent in 2020
David Meyer
RE/MAX Advantage Plus
(651) 272-4688
1 in this area
172 Total Sales
3405 Minnehaha Ave Minneapolis, MN 55406
Howe NeighborhoodEstimated Value: $367,708 - $562,000
4
Beds
2
Baths
3,487
Sq Ft
$129/Sq Ft
Est. Value
About This Home
As of December 2020Fantastic S MPLS location. Large corner lot. Mechanically sound & updated duplex is perfect for owner occupant or an
investor. Solid rent history. Owners lived in the property until recently & completed many updates
including refinishing hardwood floors, kitchen/bath in upper level unit, windows throughout, repaired
stucco, boilers, gutters & recent landscaping. See supplement for details & dates. Many updates throughout. See supplement for details. Lots of natural light in both units, 2
car garage. Current rents = $1480 for Unit 1(lease expires 7/31/21) and $1640 ($50 less for snow/lawn,
lease expires 5/31/21) for Unit 2(in unit laundry). The best part of this just may be the potential to
increase FSF as both the basement and the third floor have promise to either be separate units or
additions to the current units. Plenty of possibilities for the handy owner or savvy investor. Tenants
pay utilities, owners pay insurance ($2,880/year), water/sewer ($1080/year).
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,920
Year Built
- Built in 1912
Lot Details
- 6,534 Sq Ft Lot
- Chain Link Fence
- Irregular Lot
Parking
- 2 Car Detached Garage
- Garage Door Opener
Home Design
- Frame Construction
- Asphalt Shingled Roof
- Asphalt Rolled Roof
- Stucco Exterior
Interior Spaces
- 3,487 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Boiler Heating System
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for broadband, cable t.v., electric, fuel
- Assessor Parcel Number 0102824410025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2020
Closed on
Dec 11, 2020
Sold by
Hollaway Bryan T and Hollaway Katelyn
Bought by
Williams Jeremy and Williams Maria Alejandra
Seller's Agent
David Meyer
RE/MAX Advantage Plus
Buyer's Agent
Nora Webb
Verve Realty
List Price
$385,000
Sold Price
$405,000
Premium/Discount to List
$20,000
5.19%
Total Days on Market
30
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
$46,427
Avg. Annual Appreciation
2.50%
Original Mortgage
$397,664
Outstanding Balance
$358,094
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$93,333
Purchase Details
Listed on
Mar 17, 2016
Closed on
May 6, 2016
Sold by
Huss Alissa M and Huss Nathan
Bought by
Hollaway Bryan T and Hollaway Katelyn
List Price
$264,900
Sold Price
$274,000
Premium/Discount to List
$9,100
3.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$219,200
Interest Rate
3.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 3, 2008
Sold by
Kappes Construction Inc
Bought by
Kappen Alissa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.41%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 25, 2008
Sold by
Washington Mutual Bank Fa
Bought by
Kappes Construction Inc
Purchase Details
Closed on
Sep 29, 2006
Sold by
Aquado Manuel J
Bought by
Aleman Maria
Purchase Details
Closed on
Aug 5, 2002
Sold by
Volk Gene A
Bought by
Chico Maria and Agudo Manuel L Jesus
Purchase Details
Closed on
Aug 6, 2001
Sold by
Johnston Edward
Bought by
Volk Gene A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Williams Jeremy | $405,000 | Trademark Title Services Inc | |
| Hollaway Bryan T | $274,000 | Minnesota Title | |
| Kappen Alissa M | $260,000 | -- | |
| Kappes Construction Inc | $116,000 | -- | |
| Aleman Maria | $282,000 | -- | |
| Chico Maria | $238,000 | -- | |
| Volk Gene A | $160,000 | -- | |
| Williams Jeremy Jeremy | $405,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williams Jeremy | $397,664 | |
| Previous Owner | Hollaway Bryan T | $219,200 | |
| Previous Owner | Kappes Alissa M | $208,590 | |
| Previous Owner | Kappes Alissa M | $208,000 | |
| Closed | Williams Jeremy Jeremy | $397,664 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2020 12/11/20 | Sold | $405,000 | +5.2% | $116 / Sq Ft |
| 11/16/2020 11/16/20 | Pending | -- | -- | -- |
| 10/16/2020 10/16/20 | For Sale | $385,000 | +40.5% | $110 / Sq Ft |
| 05/06/2016 05/06/16 | Sold | $274,000 | +3.4% | $129 / Sq Ft |
| 04/13/2016 04/13/16 | Pending | -- | -- | -- |
| 03/17/2016 03/17/16 | For Sale | $264,900 | -- | $124 / 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 | $5,234 | $402,000 | $98,000 | $304,000 |
| 2022 | $4,704 | $365,000 | $74,000 | $291,000 |
| 2021 | $4,541 | $345,000 | $51,000 | $294,000 |
| 2020 | $4,920 | $345,000 | $52,500 | $292,500 |
| 2019 | $4,675 | $335,000 | $35,000 | $300,000 |
| 2018 | $3,820 | $284,000 | $35,000 | $249,000 |
| 2017 | $3,528 | $232,500 | $31,800 | $200,700 |
| 2016 | $4,495 | $232,500 | $31,800 | $200,700 |
| 2015 | $3,270 | $211,500 | $31,800 | $179,700 |
| 2014 | -- | $195,000 | $31,800 | $163,200 |
Source: Public Records
Agents Affiliated with this Home
-
David Meyer
-
Ryan O'Neill
Seller Co-Listing Agent in 2020
Ryan O'Neill
RE/MAX Advantage Plus
2 in this area
889 Total Sales
-
Nora Webb
Buyer's Agent in 2020
Nora Webb
Verve Realty
(612) 245-9205
9 in this area
284 Total Sales
-
Rebecca Quinby
Buyer Co-Listing Agent in 2020
Rebecca Quinby
Reside
(612) 232-3165
4 in this area
191 Total Sales
Map
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: NST5672552
APN: 01-028-24-41-0025
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