NOT LISTED FOR SALE

4027 E 50th St Minneapolis, MN 55417

Minnehaha Neighborhood

Estimated Value: $479,000 - $572,855

2 Beds
1 Bath
2,160 Sq Ft
$247/Sq Ft Est. Value

Last Sold September 26, 2014

Last sale price $350,000 $162 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,498/month

106 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to 50Th Street/Minnehaha Park Station
  • 2 Car Detached Garage
  • Wood Flooring
  • Corner Lot
  • Fireplace

About This Home

As of September 2014

This rare duplex has old world charm & features natural wood work, built in buffets, & fireplaces. Premier area near VA Hospital, Minnehaha Falls, Light Rail, & Down Town. Possible expansion in basement & attic areas. Surrounded by single family homes.

Last Agent to Sell the Property

Tyler Volk

Volk Realty Inc Listed on: 05/15/2014

Co-Listed By

Kevin Volk

Volk Realty Inc

Last Buyer's Agent

Tyler Volk

Volk Realty Inc Listed on: 05/15/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,516

Year Built

  • Built in 1926

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 54x140
  • Corner Lot
  • Few Trees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Wood Flooring
  • Range

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Basement Window Egress

Additional Features

  • Patio
  • Property is near public transit
  • Boiler Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel
  • The owner pays for janitorial, lawn, maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,516

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessment Balance: 442
  • Construction: Previously Owned
  • Projected Closed Date: 09/26/2014
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 4958
  • Estimated Number of Acres: 0.19
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Egress Windows, Sump Pump, Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2160
  • Total Fin Square Footage: 2160

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Brick, Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Asphalt

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Boiler

Condo/Co-op/Association

  • Shared: Patio

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 54x140

Rental Info

  • Owner Expense: Janitorial, Lawn, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Fuel

Building Info

  • Year Built: 1926

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 12000

Tax Info

  • Year: 2013
  • Tax Value: 4516

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2014
Closed on
Sep 26, 2014
Sold by
Tucker Cleve J and Tucker Bette J
Bought by
Boraas Richard and Talarico Boraas Nancy
Seller's Agent
Tyler Volk
Volk Realty Inc
Buyer's Agent
Tyler Volk
Volk Realty Inc
List Price
$369,900
Sold Price
$350,000
Premium/Discount to List
-$19,900
-5.38%
Current Estimated Value
$533,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,964
Avg. Annual Appreciation
3.90%
Original Mortgage
$280,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 25, 2004
Sold by
Cameron Edward F and Cameron Grace M
Bought by
Tucker Cleve J and Tucker Bette J
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
Boraas Richard $350,000 Titlesmart Inc
Tucker Cleve J $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boraas Richard $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2014 09/26/14 Sold $350,000 -5.4% $162 / Sq Ft
08/29/2014 08/29/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $369,900 -- $171 / 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
2024 $7,875 $508,000 $148,000 $360,000
2023 $6,968 $507,000 $148,000 $359,000
2022 $6,762 $492,000 $110,000 $382,000
2021 $6,535 $488,000 $85,000 $403,000
2020 $6,316 $488,000 $88,500 $399,500
2019 $6,318 $435,500 $59,000 $376,500
2018 $5,687 $423,000 $59,000 $364,000
2017 $5,295 $349,000 $53,600 $295,400
2016 $5,121 $329,000 $53,600 $275,400
2015 $4,671 $290,000 $53,600 $236,400
2014 -- $263,500 $53,600 $209,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tyler Volk

    Volk Realty Inc

  • K

    Seller Co-Listing Agent in 2014

    Kevin Volk

    Volk Realty Inc

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4619340

REALTOR® Association of Southern Minnesota

APN: 18-028-23-42-0019

Minnesota Hennepin County Minneapolis 55417 Minnehaha

4027 E 50th St, Minneapolis, MN

This home is located at 4027 E 50th St, Minneapolis, MN 55417 since 15 May 2014 and is currently estimated at $533,964, approximately $247 per square foot. This property was built in 1926. 4027 E 50th 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