NOT LISTED FOR SALE

3609 Cedar Ave S Minneapolis, MN 55407

Standish Neighborhood

Estimated Value: $416,000 - $478,000

5 Beds
3 Baths
3,271 Sq Ft
$138/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $167,500 $51 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $2,975/month

351 Days on Market

About This Home

As of October 2014

Great 3 story with month to month tenants, long term. $700/$700/$550. Excellent condition. Drive by, walk around - complete showing with acceptable PA.

Last Agent to Sell the Property

Thomas Parker

Coldwell Banker Burnet Listed on: 08/08/2013

Last Buyer's Agent

Kathy Huelskamp

Property Advisors Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Landscaped with Trees

Parking

  • Gravel Driveway

Home Design

  • Triplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 3,271 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Range

Utilities

  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for water/sewer

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Triplex
  • Assessment Balance: 3479.4
  • Assessments: Yes
  • Construction: Previously Owned
  • Projected Closed Date: 10/24/2014
  • Taxes With Assessments: 7827.1
  • Estimated Number of Acres: 0.11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3271
  • Total Fin Square Footage: 3271

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Gravel

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Tree Coverage - Medium
  • Estimated Lot Dimensions: 40x125

Rental Info

  • Owner Expense: Water/Sewer
  • Tenant Expense: Electric, Fuel

Building Info

  • Year Built: 1904

Multi Family

  • Total Units Available: 3

Tax Info

  • Year: 2014
  • Tax Value: 4348

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2022
Sold by
Mejia Penafiel Manuel and Hemandez Agueda
Bought by
Penafiel Manuel Mejia and Cabrera Agueda Hernandez
Current Estimated Value
$450,839

Purchase Details

Closed on
Sep 30, 2020
Sold by
Calle Jose Isidoro Barzallo and Meza Divina C
Bought by
Penafiel Manuel Mejia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2013
Closed on
Oct 17, 2014
Sold by
Kocon Inc
Bought by
Suarez Meza Divina C
Seller's Agent
Thomas Parker
Coldwell Banker Burnet
Buyer's Agent
Kathy Huelskamp
Property Advisors Realty LLC
List Price
$272,000
Sold Price
$167,500
Premium/Discount to List
-$104,500
-38.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%
Original Mortgage
$125,625
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2007
Sold by
Deutsche Bank Nat Trust
Bought by
Kocon Inc

Purchase Details

Closed on
Apr 20, 2005
Sold by
Espinoza Gonzalo Maria Hector
Bought by
Pollard Kevin and Pollard Sylvia

Purchase Details

Closed on
May 14, 2002
Sold by
Larson Charles A and Larson Mary J
Bought by
Espinoza Gonzalo and Espinoza Maria
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
Penafiel Manuel Mejia $500 None Listed On Document
Penafiel Manuel Mejia $375,000 Pillar Title Services
Suarez Meza Divina C $167,500 Burnet Title
Kocon Inc $130,000 --
Pollard Kevin $350,000 --
Espinoza Gonzalo $279,900 --
Penafiel Manuel Manuel $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penafiel Manuel Mejia $300,000
Previous Owner Suarez Meza Divina C $125,625
Closed Penafiel Manuel Manuel $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2014 10/17/14 Sold $167,500 -38.4% $51 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
08/08/2013 08/08/13 For Sale $272,000 -- $83 / 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 $7,105 $387,000 $93,000 $294,000
2023 $6,570 $407,000 $85,000 $322,000
2022 $5,911 $381,000 $66,000 $315,000
2021 $5,365 $348,000 $39,000 $309,000
2020 $5,527 $328,000 $33,200 $294,800
2019 $5,096 $312,500 $22,100 $290,400
2018 $4,990 $284,000 $22,100 $261,900
2017 $4,432 $239,500 $20,100 $219,400
2016 $4,531 $231,500 $20,100 $211,400
2015 $12,184 $231,500 $20,100 $211,400
2014 -- $202,000 $18,900 $183,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Thomas Parker

    Coldwell Banker Burnet

  • K

    Buyer's Agent in 2014

    Kathy Huelskamp

    Property Advisors Realty LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4517453

REALTOR® Association of Southern Minnesota

APN: 01-028-24-33-0085

Minnesota Hennepin County Minneapolis 55407 Standish

3609 Cedar Ave S, Minneapolis, MN

This home is located at 3609 Cedar Ave S, Minneapolis, MN 55407 since 08 August 2013 and is currently estimated at $450,839, approximately $137 per square foot. This property was built in 1904. 3609 Cedar Ave S is a home located in Hennepin County with nearby schools including Andersen United Middle School, Andersen Middle, and South Senior 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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