$71,500
SOLD SEP 19, 2014

3715 E 54th St Minneapolis, MN 55417

Morris Park Neighborhood
1 Bed
2 Baths
1,009 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$71 Per Sq Ft

32% Below List Price

110 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Landscaped with Trees
  • 1 Car Detached Garage
  • Woodwork
  • Bathroom on Main Level

About This Home

As of April 2015

Excellent starter home in a prime location. This home needs some repairs to make is shine but does have some updates. Partially finished lower level room has an egress window and could be converted to 2nd bedroom.

Last Agent to Sell the Property

David Bichanga

Minnesota REO Group LLC Listed on: 04/24/2014

Last Buyer's Agent

Blake Halverson

Coldwell Banker Burnet

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,553

Year Built

  • Built in 1924

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 134x40
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Wood Flooring
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1902823210003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,553

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors, Natural Woodwork, Washer/Dryer Hookups
  • Estimated Number of Acres: 0.11
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 609
  • Parcel Number: 1902823210003
  • Projected Closed Date: 09/19/2014
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 1553
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Total Bedrooms: 1
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 13x10, On Level: Main
  • Room 4: Kitchen, 11x10, On Level: Main
  • Room 5: Bedroom, 12x10, On Level: Main
  • Room 9: Other, 10x13, On Level: Basement
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 609
  • Below Grade Finished Sq Ft: 400
  • Total Fin Square Footage: 1009

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 134x40
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1924

Tax Info

  • Year: 2013
  • Tax Value: 1553

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2014
Closed on
Mar 31, 2015
Sold by
Mn Equities Llc
Bought by
Seifert Timothy C
Seller's Agent
Blake Halverson
Coldwell Banker Burnet
Buyer's Agent
Blake Halverson
Coldwell Banker Burnet
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$279,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,357
Avg. Annual Appreciation
5.28%
Original Mortgage
$156,120
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 24, 2014
Closed on
Sep 19, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mv Equities Llc
Seller's Agent
David Bichanga
Minnesota REO Group LLC
Buyer's Agent
Blake Halverson
Coldwell Banker Burnet
List Price
$104,900
Sold Price
$71,500
Premium/Discount to List
-$33,400
-31.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
332.05%
Original Mortgage
$25,000
Interest Rate
4.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 1, 2013
Sold by
U S Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 26, 2013
Sold by
Hewitt Sienna T and Larson Cheryl A
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 13, 2012
Sold by
Hewitt Sienna T
Bought by
Larson Cheryl A

Purchase Details

Closed on
Dec 27, 2004
Sold by
Krohn Richard P
Bought by
Hewitt Sienna T and Larson Cheryl A

Purchase Details

Closed on
Aug 15, 2002
Sold by
Cherne Bruce E and Cherne Lori M
Bought by
Krohn Richard P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 $159,900 West Title Llc
Limited Warranty Deed -- Title One Inc
Deed $71,500 --
Limited Warranty Deed -- None Available
Sheriffs Deed $181,982 None Available
Quit Claim Deed -- None Available
Warranty Deed $169,900 --
Warranty Deed $132,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $18,043 New Conventional
Open $145,314 FHA
Closed $156,120 FHA
Previous Owner $25,000 Unknown
Previous Owner $93,200 Construction
Previous Owner $11,271 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2015 04/06/15 Sold $159,900 0.0% $158 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $159,900 +123.6% $158 / Sq Ft
09/19/2014 09/19/14 Sold $71,500 -31.8% $71 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $104,900 -- $104 / 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 $3,114 $239,000 $110,000 $129,000
2022 $2,933 $233,000 $88,000 $145,000
2021 $2,378 $214,000 $65,000 $149,000
2020 $2,405 $195,000 $43,400 $151,600
2019 $2,168 $184,000 $28,900 $155,100
2018 $1,891 $164,500 $28,900 $135,600
2017 $1,843 $141,000 $26,300 $114,700
2016 $1,646 $126,000 $26,300 $99,700
2015 $1,522 $114,500 $26,300 $88,200
2014 -- $110,500 $29,900 $80,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Blake Halverson

    Coldwell Banker Burnet

    Section Image

  • D

    Seller's Agent in 2014

    David Bichanga

    Minnesota REO Group LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4607162

REALTOR® Association of Southern Minnesota

APN: 19-028-23-21-0003

Minnesota Hennepin County Minneapolis 55417 Morris Park

3715 E 54th St, Minneapolis, MN

This home is located at 3715 E 54th St, Minneapolis, MN 55417 and is currently priced at $71,500, approximately $70 per square foot. This property was built in 1924. 3715 E 54th St is a home located in Hennepin County with nearby schools including Lake Nokomis Keewaydin Elementary School, Lake Nokomis Wenonah Elementary School, and Sanford Middle 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.

Nearby Homes