NOT LISTED FOR SALE

3454 Elliot Ave Minneapolis, MN 55407

Powderhorn Park Neighborhood

Estimated Value: $330,000 - $402,000

4 Beds
2 Baths
1,679 Sq Ft
$211/Sq Ft Est. Value

Last Sold February 04, 2015

Last sale price $180,000 $107 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,381/month

112 Days on Market

About This Home

As of February 2015

Well-maintained duplex in artistic Powderhorn neighborhood. Hard-wood floors, separate heat with energy -efficient boilers, near Midtown Market, Midway bike path, Uptown, and Downtown. Easily rented.

Last Agent to Sell the Property

Alfred McNicoll

Coldwell Banker Burnet Listed on: 09/12/2014

Co-Listed By

Max Rathmanner

Coldwell Banker Burnet

Last Buyer's Agent

Marta Knutson

Knutson Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,662

Year Built

  • Built in 1907

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 60x74.5

Parking

  • 1 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,679 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,662

Year Built

Built in 1907

Lot Details

0

Parking

1

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessments: Unknown
  • Construction: Previously Owned
  • Stories: 2 Story
  • Street Designation: Avenue
  • Estimated Number of Acres: 0.1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished
  • Finished Above Grade Sq Ft: 1679
  • Total Fin Square Footage: 1679

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Number Garage Spaces: 1

Lot Info

  • Estimated Lot Dimensions: 60x74.5

Building Info

  • Year Built: 1907

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 2136

Tax Info

  • Year: 2014
  • Tax Value: 2662

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2014
Closed on
Feb 28, 2015
Sold by
Faster Karen E
Bought by
Karen Elizabeth Faster Revocable Trust
Seller's Agent
Alfred McNicoll
Coldwell Banker Burnet
Buyer's Agent
Marta Knutson
Knutson Realty Inc
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%
Current Estimated Value
$354,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,748
Avg. Annual Appreciation
6.47%
Original Mortgage
$135,000
Outstanding Balance
$103,742
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$251,006

Purchase Details

Listed on
Sep 12, 2014
Closed on
Feb 4, 2015
Sold by
Teefy Elizabeth
Bought by
Faster Karen E
Seller's Agent
Alfred McNicoll
Coldwell Banker Burnet
Buyer's Agent
Marta Knutson
Knutson Realty Inc
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$103,742
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$251,006

Purchase Details

Closed on
Jul 29, 2005
Sold by
Kenney Leslie J
Bought by
Teefy Elizabeth

Purchase Details

Closed on
Oct 31, 2000
Sold by
Cain Vicki L
Bought by
Bartell James P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Karen Elizabeth Faster Revocable Trust -- None Available
Faster Karen E $180,000 Trademark Title Services Inc
Teefy Elizabeth -- Trademark Title Services Inc
Teefy Elizabeth $193,500 --
Bartell James P $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faster Karen E $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2015 02/04/15 Sold $180,000 -9.5% $107 / Sq Ft
01/02/2015 01/02/15 Pending -- -- --
09/12/2014 09/12/14 For Sale $199,000 -- $119 / 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 $6,153 $327,000 $76,000 $251,000
2023 $5,737 $346,000 $63,000 $283,000
2022 $5,030 $307,000 $60,000 $247,000
2021 $4,629 $283,000 $36,000 $247,000
2020 $4,590 $283,000 $23,300 $259,700
2019 $4,285 $259,500 $15,500 $244,000
2018 $3,761 $236,000 $15,500 $220,500
2017 $3,589 $191,500 $14,100 $177,400
2016 $2,716 $171,000 $14,100 $156,900
2015 $2,607 $156,500 $14,100 $142,400
2014 -- $149,000 $14,100 $134,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Alfred McNicoll

    Coldwell Banker Burnet

  • M

    Seller Co-Listing Agent in 2015

    Max Rathmanner

    Coldwell Banker Burnet

    Section Image

  • M

    Buyer's Agent in 2015

    Marta Knutson

    Knutson Realty Inc

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4675142

REALTOR® Association of Southern Minnesota

APN: 02-028-24-31-0181

Minnesota Hennepin County Minneapolis 55407 Powderhorn Park

3454 Elliot Ave, Minneapolis, MN

Not Listed for Sale

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