NOT LISTED FOR SALE

3506 Welcome Ave N Minneapolis, MN 55422

Bassett Creek Neighborhood

Estimated Value: $351,000 - $410,000

5 Beds
2 Baths
1,454 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 18, 2014

Last sale price $207,000 $142 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,467/month

19 Days on Market

Highlights

  • Deck
  • Balcony
  • Eat-In Kitchen
  • Wood Flooring
  • 2 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of June 2014

Fabulous remodel, everything is new! New carpet, hardwood, granite counters and appliances. Updated kitchen bath, plumbing and electrical! Two car attached garage. Large fenced backyard. New roof!

Last Agent to Sell the Property

Matt Engen

RE/MAX Results Listed on: 04/25/2014

Last Buyer's Agent

Jodi Wegge

TheMLSonline.com, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,853

Year Built

  • Built in 1985

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 63x147
  • Few Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Fiber Board Siding

Interior Spaces

  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2111821210051

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,853

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Deck
  • Estimated Number of Acres: 0.22
  • Assessment Balance: 136
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1010
  • Parcel Number: 2111821210051
  • Projected Closed Date: 07/25/2014
  • Stories: Bi-Level Split
  • Taxes With Assessments: 2988.96
  • Comp Dev Subdiv Name: Graceview Add
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 23x13, On Level: Upper
  • Room 2: Dining Room, 10x11, On Level: Upper
  • Room 3: Family Room, 15x11, On Level: Lower
  • Room 4: Kitchen, 10x10, On Level: Upper
  • Room 5: Bedroom, 12x11, On Level: Upper
  • Room 6: Bedroom, 12x10, On Level: Upper
  • Room 7: 8x10, On Level: Lower
  • Room 8: Bedroom, 10x10, On Level: Lower
  • Room 9: Foyer, 10x5, On Level: Main
  • Room 10: Bedroom, 11x8, On Level: Lower
  • Room 11: Storage Room, 8x6, On Level: Lower
  • Basement Features: Egress Windows, Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 754
  • Below Grade Finished Sq Ft: 700
  • Total Fin Square Footage: 1454

Exterior Features

  • Exterior: Fiber Board, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Robbinsdale #281

Lot Info

  • Estimated Lot Dimensions: 63x147
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2014
  • Tax Value: 2853

MLS Schools

  • School District: Robbinsdale #281

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2018
Sold by
Lagerquist Nicholas and Lagerquist Katie
Bought by
Brown Thomas
Current Estimated Value
$376,629

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
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2014
Closed on
Jun 18, 2014
Sold by
H & H Investments Llc
Bought by
Lagerquist Nicholas
Seller's Agent
Matt Engen
RE/MAX Results
Buyer's Agent
Jodi Wegge
TheMLSonline.com, Inc.
List Price
$215,000
Sold Price
$207,000
Premium/Discount to List
-$8,000
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$203,250
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 27, 2013
Closed on
Jan 31, 2014
Seller's Agent
Jack Schepers
The Relocation Center
Buyer's Agent
Espen Hansen
RE/MAX Results
List Price
$134,900
Sold Price
$135,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
207.98%

Purchase Details

Closed on
Mar 12, 2013
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 22, 2013
Sold by
Schum Terrance H
Bought by
Bank Of America National Association

Purchase Details

Closed on
Feb 20, 2013
Sold by
Schum Terrance H
Bought by
Bank Of America National Association

Purchase Details

Closed on
Jan 31, 2013
Sold by
Federal National Mortgage Association
Bought by
H & H Investments Llc

Purchase Details

Closed on
May 16, 1997
Sold by
Sigurdsen Kathryn M
Bought by
Schum Terrence H
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
Brown Thomas $260,000 Watermark Title Agency
Lagerquist Nicholas $207,000 All American Title Co Inc
-- $135,000 --
Federal National Mortgage Association -- None Available
Bank Of America National Association -- None Available
Bank Of America National Association -- None Available
H & H Investments Llc -- Signature Title Midwest Serv
Schum Terrence H $105,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Thomas $203,000
Closed Brown Thomas $208,000
Previous Owner Lagerquist Nicholas $199,500
Previous Owner Lagerquist Nicholas $203,250
Previous Owner Schum Terrance H $127,950
Previous Owner Schum Terrence Harold $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2014 06/18/14 Sold $207,000 -3.7% $142 / Sq Ft
05/14/2014 05/14/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $215,000 +59.3% $148 / Sq Ft
01/31/2014 01/31/14 Sold $135,000 +0.1% $103 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
12/27/2013 12/27/13 For Sale $134,900 -- $103 / 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 $4,856 $356,300 $105,500 $250,800
2022 $3,975 $331,000 $92,000 $239,000
2021 $3,673 $288,000 $85,000 $203,000
2020 $3,650 $263,000 $69,000 $194,000
2019 $3,421 $256,000 $74,000 $182,000
2018 $3,217 $232,000 $60,000 $172,000
2017 $3,058 $204,000 $46,000 $158,000
2016 $3,211 $202,000 $48,000 $154,000
2015 $2,684 $175,000 $48,000 $127,000
2014 -- $155,000 $45,000 $110,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Matt Engen

    RE/MAX

  • J

    Seller's Agent in 2014

    Jack Schepers

    The Relocation Center

  • J

    Buyer's Agent in 2014

    Jodi Wegge

    TheMLSonline.com, Inc.

  • E

    Buyer's Agent in 2014

    Espen Hansen

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4607987

REALTOR® Association of Southern Minnesota

APN: 21-118-21-21-0051

Minnesota Hennepin County Minneapolis 55422 Bassett Creek

3506 Welcome Ave N, Minneapolis, MN

This home is located at 3506 Welcome Ave N, Minneapolis, MN 55422 since 25 April 2014 and is currently estimated at $376,629, approximately $259 per square foot. This property was built in 1985. 3506 Welcome Ave N is a home located in Hennepin County with nearby schools including Noble Elementary School, Plymouth Middle School, and Armstrong High School.

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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