NOT LISTED FOR SALE

Estimated Value: $243,000 - $287,000

2 Beds
1 Bath
792 Sq Ft
$341/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $225,000 $284 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,798/month

Highlights

  • No HOA
  • The kitchen features windows
  • Living Room
  • Hale Elementary School Rated A-
  • Porch
  • 1-Story Property

About This Home

As of July 2022

Amazing Land Trust home in turn-key condition! Beautiful home with space to expand in the basement - House has been updated and improved including sewer work and radon system. This is a dream house! The buyer must owner-occupy and fit the income restrictions and program guidelines for the land trust. The house appraised at $225,000 and the land trust has $76,750 of assistance to bring the buyer's contribution to $148,250.

Last Listed By

Emily Green

Sandy Green Realty, Inc. Listed on: 05/21/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,605

Year Built

  • Built in 1924

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x132
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Land Lease

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Additional Features

  • Porch
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Montgomery Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1002824410056

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,605

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1924
  • Above Grade Finished Sq Ft: 792
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Full, Unfinished
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Living Area: 792
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Porch

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: Chain Link, Partial, Wood
  • Neighborhood: Regina

Garage/Parking

  • Parking Features: Detached, Garage Door Opener
  • Garage Square Feet: 300

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, Fuses
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Natural Woodwork,Patio,Paneled Doors,Porch,Tile Floors,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40x132
  • Lot Size Sq Ft: 5227.2
  • Land Lease: Yes
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Rental Info

  • Land Lease Amount: 35

Building Info

  • Construction Materials: Brick/Stone, Metal Siding, Stucco

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1002824410056
  • Tax Annual Amount: 2605
  • TaxWithAssessments: 2605.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Jul 15, 2022
Sold by
Marulanda Gaitan Lina Maria
Bought by
Richardson Alexa
Seller's Agent
Emily Green
Sandy Green Realty, Inc.
Buyer's Agent
Doneva Renee Rawls
Wonderland Realty LLC
List Price
$148,250
Sold Price
$225,000
Premium/Discount to List
$76,750
51.77%
Total Days on Market
0
Current Estimated Value
$269,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,835
Avg. Annual Appreciation
6.58%
Original Mortgage
$148,050
Outstanding Balance
$142,267
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$127,568

Purchase Details

Closed on
Mar 15, 2019
Sold by
Dracy Matthew D and Dracy Mary
Bought by
Marulanda Gaitan Lina Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2002
Sold by
Picciandra Amber D
Bought by
Pracy Matthew D

Purchase Details

Closed on
Aug 13, 1997
Sold by
Franklin Matthew G
Bought by
Picciandra Amber D

Purchase Details

Closed on
May 28, 1996
Sold by
Santos Marcellus
Bought by
Franklin Matthew G

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 Buyer Sale Price Title Company
Richardson Alexa $148,250 Executive Title
Marulanda Gaitan Lina Maria $137,000 None Available
Marulanda Gaitan Lina Maria $38,000 None Available
Pracy Matthew D $144,000 --
Picciandra Amber D $43,851 --
Franklin Matthew G $44,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Alexa $148,050
Previous Owner Marulanda Gaitan Lina Maria $8,000
Previous Owner Marulanda Gaitan Lina Maria $8,000
Previous Owner Marulanda Gaitan Lina Maria $132,800
Previous Owner Dracy Matthew D $136,000
Previous Owner Dracy Matthew D $21,000
Closed Picciandra Amber D --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $225,000 0.0% $284 / Sq Ft
06/09/2022 06/09/22 Off Market $225,000 -- --
05/21/2022 05/21/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $148,250 -- $187 / 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 $3,544 $262,000 $104,000 $158,000
2022 $2,605 $238,000 $80,000 $158,000
2021 $2,327 $205,000 $55,000 $150,000
2020 $2,523 $191,500 $49,700 $141,800
2019 $2,599 $191,500 $36,400 $155,100
2018 $2,337 $174,000 $36,400 $137,600
2017 $2,240 $145,500 $33,100 $112,400
2016 $2,144 $135,000 $33,100 $101,900
2015 $2,107 $126,500 $33,100 $93,400
2014 -- $120,500 $33,100 $87,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6200223

NorthstarMLS

APN: 10-028-24-41-0056