$66,225
SOLD MAY 2, 2014

40 62 1/2 Way NE Minneapolis, MN 55432

3 Beds
1.5 Baths
1,220 Sq Ft
0.29 Acres

Recently Sold

$54 Per Sq Ft

3% Below List Price

1 Day on Market

Highlights

  • 2 Car Detached Garage
  • 3-minute walk to Fridley Station
  • Forced Air Heating System
  • Landscaped with Trees
  • Bathroom on Main Level

About This Home

As of September 2014

Opportunity to build equity! Good location, 3 bedrooms (Main flr bed currently used as formal dining room) and 2 bath home. Features: Heated garage, new roof, shed & fenced yard.

Last Agent to Sell the Property

Jill Lingwall

Re/Max Results Listed on: 04/02/2014

Co-Listed By

Curtis Lingwall

Re/Max Results

Last Buyer's Agent

Thomas Stanek

Stanek Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 80x126
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,220 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 153024440013

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.29
  • Assessment Balance: 218
  • Construction: Previously Owned
  • Foundation Size: 672
  • Parcel Number: 153024440013
  • Potential Short Sale: Yes
  • Projected Closed Date: 05/23/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1919
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 13x19, On Level: Main
  • Room 4: Kitchen, 12x12, On Level: Main
  • Room 5: Bedroom, 10x10, On Level: Main
  • Room 6: Bedroom, 11x12, On Level: Upper
  • Room 7: 10x19, On Level: Upper
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1220
  • Total Fin Square Footage: 1220

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Fiber Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Fridley #14

Lot Info

  • Estimated Lot Dimensions: 80x126
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1955

Tax Info

  • Year: 2013
  • Tax Value: 1701

MLS Schools

  • School District: Fridley #14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Sep 12, 2014
Sold by
Stanek Thomas and Stanek Lisa
Bought by
Weirens Brian M
Seller's Agent
Thomas Stanek
Stanek Realty, Inc.
Buyer's Agent
Todd Westlund
RE/MAX Results
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Original Mortgage
$139,968
Outstanding Balance
$108,727
Interest Rate
4.15%
Mortgage Type
VA
Estimated Equity
$212,105

Purchase Details

Listed on
Apr 2, 2014
Closed on
May 20, 2014
Sold by
Lacher Jodie L and Lacher Bradley P
Bought by
Stanek Thomas
Seller's Agent
Jill Lingwall
Re/Max Results
Buyer's Agent
Thomas Stanek
Stanek Realty, Inc.
List Price
$68,250
Sold Price
$66,225
Premium/Discount to List
-$2,025
-2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
867.16%

Purchase Details

Closed on
Jul 23, 2013
Sold by
Lacher Bradley P and Lacher Jodie L
Bought by
Lacher Jodie L

Purchase Details

Closed on
Jun 28, 2002
Sold by
Fossum Dale Scot
Bought by
Pichler Frank

Purchase Details

Closed on
Jan 28, 2002
Sold by
Magadance Frank and Katherine Magadance S
Bought by
Pichler Frank
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $149,900 Stewart Title
Warranty Deed $66,224 Home Title
Interfamily Deed Transfer -- Home Title
Warranty Deed $158,900 --
Contract Of Sale $158,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $139,968 VA
Previous Owner $186,136 FHA
Previous Owner $186,966 FHA
Previous Owner $42,000 Stand Alone Second
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2014 09/12/14 Sold $149,900 0.0% $88 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $149,900 +126.3% $88 / Sq Ft
05/02/2014 05/02/14 Sold $66,225 -3.0% $54 / Sq Ft
04/03/2014 04/03/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $68,250 -- $56 / 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
2025 $3,577 $266,400 $80,000 $186,400
2024 $3,577 $271,200 $69,700 $201,500
2023 $3,346 $267,500 $57,200 $210,300
2022 $3,287 $277,300 $67,000 $210,300
2021 $3,073 $238,100 $60,400 $177,700
2020 $2,988 $222,900 $58,400 $164,500
2019 $2,598 $209,100 $52,700 $156,400
2018 $2,323 $186,000 $0 $0
2017 $2,304 $164,000 $0 $0
2016 $1,870 $134,000 $0 $0
2015 $1,695 $134,000 $34,200 $99,800
2014 -- $110,800 $33,000 $77,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jill Lingwall

    RE/MAX

  • T

    Seller's Agent in 2014

    Thomas Stanek

    Stanek Realty, Inc.

  • C

    Seller Co-Listing Agent in 2014

    Curtis Lingwall

    RE/MAX

  • T

    Buyer's Agent in 2014

    Todd Westlund

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4597756

REALTOR® Association of Southern Minnesota

APN: 15-30-24-44-0013

Minnesota Anoka County Minneapolis 55432

40 62 1/2 Way NE, Minneapolis, MN

This home is located at 40 62 1/2 Way NE, Minneapolis, MN 55432 and is currently priced at $66,225, approximately $54 per square foot. This property was built in 1955. 40 62 1/2 Way NE is a home located in Anoka County with nearby schools including Stevenson Elementary School, Fridley Middle School, and Fridley 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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