NOT LISTED FOR SALE

4040 15th Ave S Unit 13H Minneapolis, MN 55407

Bancroft Neighborhood

Estimated Value: $130,000 - $149,000

2 Beds
1 Bath
770 Sq Ft
$495/mo HOA Fee

Last Sold August 16, 2024

Last sale price $135,000 $175 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,342/month

28 Days on Market

Highlights

  • Heated In Ground Pool
  • Party Room
  • 1-Story Property
  • 159,517 Sq Ft lot
  • Stainless Steel Appliances
  • 4-minute walk to Bancroft Meadows

About This Home

As of August 2024

This home has been completely remodeled and needs no work! Updated kitchen with concrete counters/new appliances/island, fireplace, south facing W/ balcony, nearby storage unit, outdoor heated pool, clean laundry room, low association dues that include heat, cats and rentals allowed, this 3rd floor unit will not disappoint! Great community in the heart of the city near parks and bike trails! No work here just move in and enjoy!

Last Agent to Sell the Property

Semira Mundt

Edina Realty, Inc. Listed on: 07/02/2024

Edina Realty, Inc.

Last Buyer's Agent

Javier Loayza

Bridge Realty, LLC

Bridge Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,667

Year Built

  • Built in 1965

Lot Details

  • 3.66

HOA Fees

  • $495 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Rubber Roof

Interior Spaces

  • 770 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Heated In Ground Pool
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 1102824130302

Community Details

Overview

  • Association fees include maintenance structure, controlled access, gas, heating, lawn care, ground maintenance, professional mgmt, shared amenities, snow removal
  • Associa Association, Phone Number (763) 225-6400
  • Low-Rise Condominium
  • Condo 0221 Bush Terrace Condo Subdivision

Amenities

  • Party Room

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,667

Year Built

Built in 1965

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Wall Unit(s)
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 770
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL,Fiber Optic
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliances
  • Fireplace Features: Living Room
  • Living Area: 770
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Flat, Rubber
  • PoolFeatures: Below Ground, Heated, Outdoor Pool, Shared
  • ConstructionMaterialsDesc: Block
  • Neighborhood: Bancroft

Garage/Parking

  • Parking Features: Paved, Open

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Controlled Access, Gas, Heating, Lawn Care, Maintenance Grounds, Professional Mgmt, Shared Amenities, Snow Removal
  • Phone: 763-225-6400
  • Association Fee: 495
  • Association: Yes
  • Amenities Unit: Balcony

Association/Amenities

  • HOA Management Co: Associa

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 159516.72
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1102824130302
  • Tax Annual Amount: 1667
  • TaxWithAssessments: 1667.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Aug 16, 2024
Sold by
Mikhchi Neda
Bought by
Vera Jaylinn
Seller's Agent
Semira Mundt
Edina Realty, Inc.
Buyer's Agent
Javier Loayza
Bridge Realty, LLC
List Price
$135,000
Sold Price
$135,000
Views
17
Current Estimated Value
$138,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,812
Avg. Annual Appreciation
0.90%
Original Mortgage
$130,950
Outstanding Balance
$129,722
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$6,645

Purchase Details

Listed on
Jul 2, 2024
Closed on
Aug 12, 2024
Sold by
Mikhchi Neda
Bought by
Vera Jaylinn
Seller's Agent
Semira Mundt
Edina Realty, Inc.
Buyer's Agent
Javier Loayza
Bridge Realty, LLC
List Price
$135,000
Sold Price
$135,000
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,950
Outstanding Balance
$129,722
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$6,645

Purchase Details

Closed on
Oct 17, 2019
Sold by
Hayo Samir and Hayo Cheri B
Bought by
Mikhchi Neda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Vera Jaylinn $135,000 --
Vera Jaylinn $135,000 Edina Realty Title
Mikhchi Neda $115,000 Legacy Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vera Jaylinn $130,950
Closed Vera Jaylinn $130,950
Previous Owner Mikhchi Neda $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $135,000 0.0% $175 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $135,000 -- $175 / 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 $1,331 $122,000 $12,000 $110,000
2023 $1,667 $128,000 $12,000 $116,000
2022 $1,580 $114,000 $10,000 $104,000
2021 $1,399 $114,000 $8,700 $105,300
2020 $1,320 $104,500 $8,700 $95,800
2019 $1,135 $91,000 $8,700 $82,300
2018 $1,067 $76,000 $8,700 $67,300
2017 $1,024 $66,500 $8,700 $57,800
2016 $1,024 $64,500 $8,700 $55,800
2015 $941 $56,500 $8,700 $47,800
2014 -- $49,500 $8,700 $40,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6563219

NorthstarMLS

APN: 11-028-24-13-0302