$45,000
SOLD NOV 15, 2013

3542 Logan Ave N Minneapolis, MN 55412

Folwell Neighborhood
3 Beds
1 Bath
1,092 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

10% Below List Price

13 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 5-minute walk to Folwell Park

About This Home

As of April 2014

Woodwork, Hardwood Floors, Newer Furnace. Property sold "As-Is". Buyer to assume Required Repairs on Minneapolis Truth in Housing Report. No FHA unless 203k.

Last Agent to Sell the Property

Eric Sanders

Estate Realty Listed on: 10/10/2013

Last Buyer's Agent

Amber Miller

Prime Real Estate Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,254

Year Built

  • 1926

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x126

Parking

  • 2 Car Detached Garage

Home Design

  • Metal Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 0902924210121

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,254

Year Built

1926

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.12
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 792
  • Parcel Number: 0902924210121
  • Projected Closed Date: 11/15/2013
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 876
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 4: Kitchen, On Level: Main
  • Room 5: Bedroom, On Level: Main
  • Room 6: Bedroom, On Level: Main
  • Room 7: On Level: Upper
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1092
  • Total Fin Square Footage: 1092

Exterior Features

  • Exterior: Metal

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40x126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2014
Closed on
Mar 28, 2014
Sold by
Innovative Resource Group Inc
Bought by
Mawusi Wisdom
Seller's Agent
Amber Miller
Prime Real Estate Inc
Buyer's Agent
Kathleen Horton
Metro Elite Realty
List Price
$129,900
Sold Price
$128,000
Premium/Discount to List
-$1,900
-1.46%
Current Estimated Value
$225,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,469
Avg. Annual Appreciation
5.09%
Original Mortgage
$125,681
Outstanding Balance
$95,927
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$129,667

Purchase Details

Listed on
Oct 10, 2013
Closed on
Nov 13, 2013
Sold by
Gonzalez Lisa N
Bought by
Innovative Resource Group Inc
Seller's Agent
Eric Sanders
Estate Realty
Buyer's Agent
Amber Miller
Prime Real Estate Inc
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1104.89%
Original Mortgage
$60,000
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 1998
Sold by
Mcda
Bought by
The Greater Mn Metropolitan Housing Corp
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 Type Sale Price Title Company
Warranty Deed $128,000 Nations Title Agency Of Minn
Personal Reps Deed $45,000 Liberty Title Inc
Deed $1,550 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,681 FHA
Previous Owner $60,000 Purchase Money Mortgage
Previous Owner $15,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2014 04/18/14 Sold $128,000 -1.5% $80 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $129,900 +188.7% $81 / Sq Ft
11/15/2013 11/15/13 Sold $45,000 -9.8% $41 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
10/10/2013 10/10/13 For Sale $49,900 -- $46 / 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 $2,254 $192,000 $16,000 $176,000
2022 $1,722 $183,000 $13,000 $170,000
2021 $1,573 $146,000 $10,000 $136,000
2020 $1,735 $139,500 $9,800 $129,700
2019 $1,794 $127,000 $6,500 $120,500
2018 $1,536 $127,000 $6,500 $120,500
2017 $1,440 $102,000 $5,900 $96,100
2016 $1,489 $102,000 $5,900 $96,100
2015 $1,470 $73,000 $5,900 $67,100
2014 -- $73,000 $8,400 $64,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Amber Miller

    Prime Real Estate Inc

  • K

    Buyer's Agent in 2014

    Kathleen Horton

    Metro Elite Realty

  • E

    Seller's Agent in 2013

    Eric Sanders

    Estate Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4550471

REALTOR® Association of Southern Minnesota

APN: 09-029-24-21-0121

Minnesota Hennepin County Minneapolis 55412 Folwell

3542 Logan Ave N, Minneapolis, MN

This home is located at 3542 Logan Ave N, Minneapolis, MN 55412 and is currently priced at $45,000, approximately $41 per square foot. This property was built in 1926. 3542 Logan Ave N is a home located in Hennepin County with nearby schools including Lucy Craft Laney at Cleveland Park Community School, Olson Middle School, and Sojourner Truth Academy.

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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