NOT LISTED FOR SALE

3730 1st Ave S Minneapolis, MN 55409

Kingfield Neighborhood

Estimated Value: $392,000 - $456,000

3 Beds
1 Bath
2,200 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 30, 2013

Last sale price $175,000 $80 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $2,933/month

221 Days on Market

Highlights

  • Baseboard Heating
  • Community Deck or Porch
  • Wood Siding
  • Washburn High School Rated A-

About This Home

As of July 2013

Totally remodeled duplex, 3Br each unit w/sep utilities. 1 unit rented 1050/mo. Great location, near everything. Room for 3rd flr expansion. Many updates. Certificate of occupancy issued by City of Mpls. Bank will finance w/20% down & approved credit.

Last Agent to Sell the Property

Majid Mashad

Coldwell Banker Burnet Listed on: 11/29/2012

Last Buyer's Agent

Joseph Sorenson

Joe Sorenson Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,869

Year Built

  • Built in 1905

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 38x126
  • Irregular Lot

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Partial Basement

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Tenant pays for cable TV, electric
  • The owner pays for water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,869

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessment Balance: 926
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 07/30/2013
  • Stories: 2.25 - 2.75 Story
  • Taxes With Assessments: 4815
  • Estimated Number of Acres: 0.11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2200
  • Total Fin Square Footage: 2200

Exterior Features

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

Utilities

  • Heat: Baseboard
  • Sewer: City

Condo/Co-op/Association

  • Shared: Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Irregular Lot
  • Estimated Lot Dimensions: 38x126

Rental Info

  • Owner Expense: Water/Sewer
  • Tenant Expense: Cable TV, Electric

Building Info

  • Year Built: 1905

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2012
  • Tax Value: 3869

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2018
Sold by
Sorenson Brelt and Gustafson Rebekka
Bought by
Alexander Adam J
Current Estimated Value
$437,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 29, 2012
Closed on
Jul 30, 2013
Sold by
Cortrust Bank Na
Bought by
Sorenson Brett
Seller's Agent
Majid Mashad
Coldwell Banker Burnet
Buyer's Agent
Joseph Sorenson
Joe Sorenson Realty
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$171,830
Interest Rate
4.59%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2012
Sold by
Blaine State Bank
Bought by
Bsb Oreo Llc

Purchase Details

Closed on
Sep 22, 2011
Sold by
Avenue Properties
Bought by
Blaine State Bank

Purchase Details

Closed on
Jun 2, 2008
Sold by
Us Bank Na
Bought by
Divie Osman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 24, 2006
Sold by
Touri Jaouad
Bought by
Mendoza Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 10, 2005
Sold by
Muy Nancy and Angamarca Jose R
Bought by
Touri Jaouad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,600
Interest Rate
7.14%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 10, 2003
Sold by
Roman Jose G and Rosas Lauro
Bought by
Angamarco Jose R

Purchase Details

Closed on
Oct 28, 1999
Sold by
Swervo Development Corp
Bought by
Roman Jose G and Rosas Lauro
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 Buyer Sale Price Title Company
Alexander Adam J $305,000 Edgewarter Title Group Llc
Sorenson Brett $175,000 Trademark Title Services Inc
Cortrust Bank Na -- Trademark Title Services Inc
Bsb Oreo Llc -- None Available
Blaine State Bank $164,830 --
Blaine State Bank $164,830 --
Blaine State Bank -- None Available
Divie Osman $70,000 --
Mendoza Jose $310,000 --
Touri Jaouad $272,000 --
Angamarco Jose R $217,000 --
Roman Jose G $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Adam J $51,450
Open Alexandr Adam J $295,000
Closed Alexander Adam J $289,750
Previous Owner Sorenson Brett J $38,000
Previous Owner Sorenson Brett $180,000
Previous Owner Sorenson Brett $171,830
Previous Owner Avenue Properties Llc $158,000
Previous Owner Dirie Osman $56,000
Previous Owner Mendoza Jose $248,000
Previous Owner Mendoza Jose $62,000
Previous Owner Touri Joauad $217,600
Previous Owner Touri Jaouad $54,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2013 07/30/13 Sold $175,000 -12.5% $80 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
11/29/2012 11/29/12 For Sale $199,900 -- $91 / 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 $6,563 $396,000 $99,000 $297,000
2022 $5,800 $360,000 $96,000 $264,000
2021 $4,028 $327,000 $73,000 $254,000
2020 $3,874 $292,000 $44,900 $247,100
2019 $3,663 $278,000 $29,900 $248,100
2018 $4,217 $257,500 $29,900 $227,600
2017 $2,946 $207,500 $27,200 $180,300
2016 $4,013 $207,500 $27,200 $180,300
2015 $3,673 $181,000 $27,200 $153,800
2014 -- $181,000 $24,700 $156,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Majid Mashad

    Coldwell Banker Burnet

  • J

    Buyer's Agent in 2013

    Joseph Sorenson

    Joe Sorenson Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4420973

REALTOR® Association of Southern Minnesota

APN: 03-028-24-43-0140

Minnesota Hennepin County Minneapolis 55409 Kingfield

3730 1st Ave S, Minneapolis, MN

This home is located at 3730 1st Ave S, Minneapolis, MN 55409 since 29 November 2012 and is currently estimated at $437,993, approximately $199 per square foot. This property was built in 1905. 3730 1st Ave S is a home located in Hennepin County with nearby schools including Barton Elementary School, Justice Page Middle School, and Washburn 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.

Nearby Homes