NOT LISTED FOR SALE

Estimated Value: $176,000 - $208,000

2 Beds
1 Bath
960 Sq Ft
$194/Sq Ft Est. Value

Last Sold July 06, 2012

Last sale price $40,000 $42 Per Sq Ft

Est. 365% increase in value since last sale

Current estimated payment $1,213/month

18 Days on Market

Highlights

  • Property is near public transit
  • Formal Dining Room
  • Woodwork
  • Wood Flooring
  • 1 Car Detached Garage
  • 3-minute walk to Folwell Park

About This Home

As of July 2012

AS-IS. Excellent opportunity to gain instant equity as a rental investment or rehab with some TLC from a handy person. Home features hardwood floors,wood burning fireplace, fenced yard, stucco ext, close to downtown. This one will go quick.

Last Agent to Sell the Property

Mary Mensch

RE/MAX Results Listed on: 06/15/2012

Co-Listed By

Jeffrey Davis

RE/MAX Results

Last Buyer's Agent

Mary Fels

Mary Fels Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

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

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • Woodwork
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Gravity Heating System

Listing and Financial Details

  • Assessor Parcel Number 0402924340023

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Natural Woodwork
  • Estimated Number of Acres: 0.12
  • Construction: Previously Owned
  • Foundation Size: 840
  • Parcel Number: 0402924340023
  • Projected Closed Date: 07/06/2012
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1548
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 15x12, On Level: Main
  • Room 2: Dining Room, 11x10, On Level: Main
  • Room 4: Kitchen, 11x9, On Level: Main
  • Room 5: Bedroom, 11x10, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 9: Den/Office, 12x10, On Level: Lower
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 840
  • Below Grade Finished Sq Ft: 120
  • Total Fin Square Footage: 960

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Heat: Gravity
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40x126
  • Lot/Land Description: Pub. Trans (w/in 6 blks)

Building Info

  • Year Built: 1929

Tax Info

  • Year: 2012
  • Tax Value: 1548

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2013
Sold by
Fels Mary B
Bought by
Fels Mary B and The Fels Family Revocable Living Trust
Total Days on Market
18
Current Estimated Value
$186,154

Purchase Details

Listed on
Jun 15, 2012
Closed on
Jul 3, 2012
Sold by
The Bank Of New York Mellon
Bought by
Fels Mary B
Seller's Agent
Mary Mensch
RE/MAX Results
Buyer's Agent
Mary Fels
Mary Fels Real Estate
List Price
$37,500
Sold Price
$40,000
Premium/Discount to List
$2,500
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.63%

Purchase Details

Closed on
Jun 21, 2011
Sold by
Dyer Mary L
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Sep 9, 2005
Sold by
Pederson Eric C
Bought by
Dyer Mary

Purchase Details

Closed on
Sep 19, 2002
Sold by
Bonitas Amy M
Bought by
Pederson Eric C
Source: Public Records

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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
Fels Mary B -- None Available
Fels Mary B $40,000 West Title Llc
The Bank Of New York Mellon $150,346 --
The Bank Of New York Mellon $150,346 None Available
Dyer Mary $165,000 --
Pederson Eric C $119,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2012 07/06/12 Sold $40,000 +6.7% $42 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $37,500 -- $39 / 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 $2,021 $156,000 $16,000 $140,000
2022 $1,733 $149,000 $13,000 $136,000
2021 $1,599 $126,000 $10,000 $116,000
2020 $1,733 $120,000 $10,500 $109,500
2019 $1,787 $109,000 $7,000 $102,000
2018 $1,628 $109,000 $7,000 $102,000
2017 $1,525 $88,000 $6,400 $81,600
2016 $1,495 $83,000 $6,400 $76,600
2015 $1,220 $74,000 $6,400 $67,600
2014 -- $78,000 $9,100 $68,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4333112

REALTOR® Association of Southern Minnesota

APN: 04-029-24-34-0023