3605 3rd Ave S Minneapolis, MN 55409
Central NeighborhoodEstimated Value: $287,498 - $426,000
5
Beds
3
Baths
2,570
Sq Ft
$131/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Washburn High School Rated A-
- 3-minute walk to Ernestine Belton Memorial Playground
About This Home
As of January 2014Great Central Neighborhood Triplex in S. Minneapolis. Updated Mechanicals, newer vinyl thermopane windows, realistic asking price. Don't wait, this is priced to sell.
Last Listed By
Brad Schaeppi
InvestProp Listed on: 08/26/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,415
Year Built
- Built in 1910
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 40x130
Parking
- Driveway
Home Design
- 2,570 Sq Ft Home
- Triplex
Utilities
- Forced Air Heating System
Additional Features
- Unfinished Basement
Community Details
- 3 Units
Listing and Financial Details
- Foreclosure
- Short Sale
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2013
Closed on
Jan 31, 2014
Sold by
Pristenville Investment Llc
Bought by
Merz William
Seller's Agent
Brad Schaeppi
InvestProp
Buyer's Agent
Benjamin Trudeau
Edina Realty, Inc.
List Price
$199,000
Sold Price
$166,500
Premium/Discount to List
-$32,500
-16.33%
Total Days on Market
96
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
$170,125
Avg. Annual Appreciation
6.42%
Original Mortgage
$124,875
Interest Rate
4.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 16, 2013
Sold by
Pristenville Investment Llc
Bought by
Cortrust Bank Na
Purchase Details
Closed on
Jun 17, 2009
Sold by
U S Bank National Association
Bought by
Pristenville Investments Llc
Purchase Details
Closed on
Dec 16, 1999
Sold by
Bank Of New York
Bought by
Dash Rajesh S and Dash Kelly S Lamphear
Purchase Details
Closed on
Jul 22, 1997
Sold by
Moreland Bennie
Bought by
Proetz Christian J
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
Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Merz William | $166,500 | Guaranty Title Inc | |
| Cortrust Bank Na | $53,124 | None Available | |
| Pristenville Investments Llc | $25,000 | -- | |
| Dash Rajesh S | $47,400 | -- | |
| Proetz Christian J | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Merz William | $302,400 | |
| Closed | Merz William | $124,875 | |
| Previous Owner | Pristenville Investments Llc | $55,000 | |
| Closed | Proetz Christian J | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2014 01/31/14 | Sold | $166,500 | -16.3% | $65 / Sq Ft |
| 11/30/2013 11/30/13 | Pending | -- | -- | -- |
| 08/26/2013 08/26/13 | For Sale | $199,000 | -- | $77 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
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 | $5,199 | $325,000 | $64,000 | $261,000 |
| 2022 | $4,960 | $304,000 | $58,000 | $246,000 |
| 2021 | $5,124 | $292,000 | $39,000 | $253,000 |
| 2020 | $5,043 | $307,000 | $32,100 | $274,900 |
| 2019 | $4,717 | $279,000 | $21,400 | $257,600 |
| 2018 | $4,308 | $253,500 | $21,400 | $232,100 |
| 2017 | $4,405 | $228,500 | $19,500 | $209,000 |
| 2016 | $3,867 | $200,000 | $19,500 | $180,500 |
| 2015 | $2,648 | $130,500 | $19,500 | $111,000 |
| 2014 | -- | $113,500 | $19,500 | $94,000 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2014
Brad Schaeppi
InvestProp
-
B
Buyer's Agent in 2014
Benjamin Trudeau
Edina Realty, Inc.
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 4527323
APN: 03-028-24-44-0050
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.
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