$615,000
SOLD SEP 3, 2024
0 Acre
-- Price per Acre
0 Sq Ft Lot

Recently Sold

$158 Per Sq Ft

87% Above List Price

91 Days on Market

About This Lot

As of September 2024

Embrace the opportunity to build your dream home in Tangletown! This 0.2-acre empty lot, nestled across from the iconic Washburn water tower, offers a canvas for your imagination. With a lush forested backyard and a stunning view of Minneapolis' skyline, the stage is set for your architectural masterpiece. Bring your own architect or work with our design-build firm to create a home perfectly tailored to your vision. Experience the charm of Tangletown living, with cafes, parks, and a vibrant community at your fingertips. Don't miss out on this rare opportunity contact us today! A total of two lots available, each approximately 0.2-acres. Price is for a single lot, not both.

Last Agent to Sell the Property

Greg Lawrence

HomeAvenue Inc Listed on: 05/20/2024

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,603

Lot Details

  • Lot Dimensions are 40x210
  • Finished Lot(s)

Community Details

  • No Home Owners Association
  • Thorpe Bros Rgt Of Blks Washburn Park Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$9,603

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Curbs,Paved Streets,Shared Driveway
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Abstract,Survey

Exterior Features

  • Neighborhood: Tangletown

Utilities

  • Utilities: None Connected, Electricity Available, Natural Gas Available, Sewer Available, Storm Sewer Available, Phone Available

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Topography: Sloped
  • Lot Size: 40x210
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: TBD
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Sep 3, 2024
Sold by
Olfelt Studio Llc A Minnesota Limited
Bought by
Ganser Robin and Ganser Laurie
Seller's Agent
Greg Lawrence
HomeAvenue Inc
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$328,700
Sold Price
$615,000
Premium/Discount to List
$286,300
87.1%
Views
21
Current Estimated Value
$689,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,964
Avg. Annual Appreciation
12.94%
Original Mortgage
$461,250
Outstanding Balance
$458,434
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$231,095

Purchase Details

Closed on
Nov 30, 2022
Sold by
Elizabeth S Robb Revocable Living Trust
Bought by
Olfelt Studio Llc

Purchase Details

Closed on
Oct 18, 2022
Sold by
Robb Elizabeth S
Bought by
Elizabeth S Robb Revocable Living Trust
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 Type Sale Price Title Company
Deed $615,000 --
Deed $416,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $461,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $615,000 +87.1% $158 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $328,700 -- $85 / 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
2023 $9,603 $660,000 $428,000 $232,000
2022 $8,797 $630,000 $428,000 $202,000
2021 $8,279 $573,000 $390,000 $183,000
2020 $8,083 $547,000 $401,000 $146,000
2019 $8,322 $547,000 $338,800 $208,200
2018 $7,899 $547,000 $338,800 $208,200
2017 $7,304 $474,500 $308,000 $166,500
2016 $6,965 $438,500 $308,000 $130,500
2015 $7,771 $466,500 $308,000 $158,500
2014 -- $427,000 $292,000 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6539644

NorthstarMLS

APN: 15-028-24-32-0043