NOT LISTED FOR SALE

3509 22nd Ave S Minneapolis, MN 55407

Estimated Value: $369,000 - $451,000

3 Beds
2 Baths
1,840 Sq Ft
$225/Sq Ft Est. Value

Last Sold July 17, 2014

Last sale price $165,000 $90 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $2,673/month

44 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wood Flooring
  • Woodwork

About This Home

As of July 2014

This 2 unit duplex is located on a quiet street, convenient to the light rail. The home has hardwood floors and natural woodwork. The home does need some TLC and is priced accordingly.

Last Agent to Sell the Property

George Farkas

Re/Max Results Listed on: 04/01/2014

Last Buyer's Agent

Anne Gray

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,415

Year Built

  • Built in 1913

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x171
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,840 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Property is near public transit
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,415

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessments: Unknown
  • Construction: Previously Owned
  • Estimated Number of Acres: 0.2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1840
  • Total Fin Square Footage: 1840

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 50x171

Building Info

  • Year Built: 1913

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 1

Tax Info

  • Year: 2013
  • Tax Value: 3415

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Gessler Zachary G
Bought by
Erickson Nina Goldberg and Erickson Caleb Steven
Current Estimated Value
$414,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,730
Outstanding Balance
$283,138
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$131,574

Purchase Details

Listed on
Apr 1, 2014
Closed on
Jul 17, 2014
Sold by
Coproration Federal Home Federal Home
Bought by
Gessler Zachary Zachary
Seller's Agent
George Farkas
Re/Max Results
Buyer's Agent
Anne Gray
RE/MAX Results
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$155,776
Interest Rate
4.13%

Purchase Details

Closed on
May 7, 2013
Sold by
Onewest Bank Fsb
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 22, 2013
Sold by
Divelbiss Katherine A
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Sep 27, 2006
Sold by
Hayes Natalie A
Bought by
Divelbiss Katherine A
Source: Public Records

Range of Values:

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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
Erickson Nina Goldberg $318,500 Results Title
Gessler Zachary Zachary $165,000 --
Federal Home Loan Mortgage Corporation -- None Available
Onewest Bank Fsb $153,000 None Available
Divelbiss Katherine A $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Nina Goldberg $312,730
Previous Owner Gessler Zachary Zachary $155,776
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2014 07/17/14 Sold $165,000 -2.9% $90 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $169,900 -- $92 / 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 $6,021 $395,000 $130,000 $265,000
2023 $5,229 $380,000 $120,000 $260,000
2022 $4,104 $345,000 $104,000 $241,000
2021 $4,443 $305,000 $67,000 $238,000
2020 $4,454 $272,000 $54,900 $217,100
2019 $4,157 $252,000 $36,600 $215,400
2018 $3,770 $229,000 $36,600 $192,400
2017 $3,693 $190,500 $33,300 $157,200
2016 $3,808 $190,500 $33,300 $157,200
2015 $3,486 $165,500 $33,300 $132,200
2014 -- $159,000 $33,300 $125,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    George Farkas

    RE/MAX

  • A

    Buyer's Agent in 2014

    Anne Gray

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4596916

REALTOR® Association of Southern Minnesota

APN: 01-028-24-31-0037

Minnesota Hennepin County Minneapolis 55407

3509 22nd Ave S, Minneapolis, MN

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