NOT LISTED FOR SALE

Estimated Value: $266,000 - $335,309

3 Beds
1.5 Baths
1,336 Sq Ft
$233/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $248,000 $186 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,985/month

7 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • Patio

About This Home

As of October 2023

Beautiful Bungalow with tons of character. tucked away on a quiet block in the Powderhorn Park neighborhood in South Minneapolis. Beautiful original woodwork throughout the home and a loft with potential to be a tremendous master suite with a large master bathroom. Great potential to build some equity with a few cosmetic improvements. Enjoy summer nights in the shaded and tranquil backyard. Additional potential to expand living space in a large basement with good headroom.

Last Agent to Sell the Property

Jason Reed

RE/MAX Results Listed on: 09/22/2023

RE/MAX Results

Co-Listed By

Kent Hranicka

RE/MAX Results

Last Buyer's Agent

Derwayne Moore

Keller Williams Realty Integrity Lakes

Keller Williams Realty Integrity Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,784

Year Built

  • Built in 1922

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x122

Parking

  • 1 Car Garage

Interior Spaces

  • 1,336 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Bidlemans Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0202824440138

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,784

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1922
  • Above Grade Finished Sq Ft: 1336
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • FoundationDimensions: 28x34
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Range, Refrigerator
  • Living Area: 1336
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Mud Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Other Structures: Additional Garage
  • ConstructionMaterialsDesc: Stone
  • Neighborhood: Powderhorn Park
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 260
  • ParkingOpen: 1
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Patio

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40x122
  • Lot Size Sq Ft: 4791.6
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0202824440138
  • Tax Annual Amount: 3784
  • TaxWithAssessments: 3784.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Oct 27, 2023
Sold by
The Estate Of Kimberly J Surkan
Bought by
Schaaf Alex
Seller's Agent
Jason Reed
RE/MAX Results
Buyer's Agent
Derwayne Moore
Keller Williams Realty Integrity Lakes
List Price
$250,000
Sold Price
$248,000
Premium/Discount to List
-$2,000
-0.8%
Views
15
Current Estimated Value
$311,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,827
Avg. Annual Appreciation
12.26%
Original Mortgage
$235,600
Outstanding Balance
$231,232
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$80,595

Purchase Details

Listed on
Sep 22, 2023
Closed on
Oct 25, 2023
Sold by
Surkan Kimberly J
Bought by
Melzer Patricia
Seller's Agent
Jason Reed
RE/MAX Results
Buyer's Agent
Derwayne Moore
Keller Williams Realty Integrity Lakes
List Price
$250,000
Sold Price
$248,000
Premium/Discount to List
-$2,000
-0.8%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,600
Outstanding Balance
$231,232
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$80,595

Purchase Details

Closed on
Aug 27, 1999
Sold by
Sandahl Gayle M
Bought by
Surkan Kimberly J
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
Schaaf Alex $248,000 --
Melzer Patricia $248,000 Watermark Title
Surkan Kimberly J $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaaf Alex $235,600
Closed Melzer Patricia $235,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $248,000 -0.8% $186 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $250,000 -- $187 / Sq Ft
Source: NorthstarMLS

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 $3,961 $286,000 $90,000 $196,000
2023 $3,765 $289,000 $82,000 $207,000
2022 $3,728 $288,000 $82,000 $206,000
2021 $3,790 $269,000 $59,000 $210,000
2020 $4,104 $283,000 $40,500 $242,500
2019 $3,674 $283,000 $27,000 $256,000
2018 $3,298 $246,000 $27,000 $219,000
2017 $3,117 $202,500 $24,500 $178,000
2016 $3,057 $192,500 $24,500 $168,000
2015 $2,807 $168,500 $24,500 $144,000
2014 -- $155,500 $24,500 $131,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6437696

NorthstarMLS

APN: 02-028-24-44-0138