NOT LISTED FOR SALE

Estimated Value: $277,000 - $559,000

8 Beds
6 Baths
2,724 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $275,000 $101 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,577/month

2 Days on Market

Highlights

  • No HOA
  • The kitchen features windows
  • Partially Fenced Property
  • Hale Elementary School Rated A-
  • Combination Kitchen and Dining Room
  • Wood Siding

About This Home

As of September 2024

Fantastic renovation opportunity! Over 4,200 square feet of potential living space currently zoned Single Family Residential per the City of Minneapolis. Half of the basement and a portion of the main floor are currently unfinished square feet. The property has 6 bathrooms (a full bath and a 3/4 bath in the basement, 2 full baths on the main floor, and 2 full baths on the second floor) that are roughed in or partially finished and ready for fixtures. The majority of the exterior walls are "double wall" construction for greater energy efficiency. Cedar siding exterior. Rear half of basement is a separate entrance and has a newer boiler heating system. Tremendous potential for redevelopment subject to City of Minneapolis zoning approval or use as a spacious single family home - bring your ideas! Sold AS IS - Buyer to assume ALL repairs and sign an acknowledgement of responsibility form for the Truth in Sale of Housing and As Is addendum. See 3-D tour of the property included in the virtual tour link.

Last Agent to Sell the Property

Stephanie Gruver

RE/MAX Results Listed on: 09/14/2024

RE/MAX Results

Last Buyer's Agent

Todd Harrington

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,719

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x131
  • Partially Fenced Property

Parking

  • 1 Car Garage

Home Design

  • Pitched Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Basement
  • Block Basement Construction

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Radiator
  • Boiler Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Montgomery Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1002824410068

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,719

Year Built

Built in 1925

Lot Details

5,227 Sq Ft Lot

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
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 2168
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Living Area: 2724
  • Fireplace: No
  • Below Grade Finished Sq Ft: 556
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 5
  • Total Bedrooms: 8
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: Partial
  • ConstructionMaterialsDesc: Block,Frame
  • Neighborhood: Regina

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Boiler, Radiator(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Window,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40x131
  • Lot Size Sq Ft: 5227.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1002824410068
  • Tax Annual Amount: 5719
  • TaxWithAssessments: 5718.8800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2024
Closed on
Sep 26, 2024
Sold by
Estate Of Thomas H Schmotter
Bought by
J & M Properties Limited Liability Compa
Seller's Agent
Stephanie Gruver
RE/MAX Results
Buyer's Agent
Todd Harrington
eXp Realty
List Price
$275,000
Sold Price
$275,000
Views
24
Current Estimated Value
$390,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,333
Avg. Annual Appreciation
26.70%
Original Mortgage
$275,000
Outstanding Balance
$270,577
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$119,756
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
J & M Properties Limited Liability Compa $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & M Properties Limited Liability Compa $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $275,000 0.0% $101 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/17/2024 09/17/24 For Sale $275,000 -- $101 / Sq Ft
Source: NorthstarMLS

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 $6,270 $430,000 $111,000 $319,000
2023 $5,719 $439,000 $111,000 $328,000
2022 $5,227 $382,000 $90,000 $292,000
2021 $4,804 $375,000 $62,000 $313,000
2020 $5,200 $357,500 $67,800 $289,700
2019 $4,835 $357,500 $45,200 $312,300
2018 $4,346 $325,000 $45,200 $279,800
2017 $4,099 $271,500 $41,100 $230,400
2016 $3,854 $249,500 $41,100 $208,400
2015 $3,575 $223,500 $41,100 $182,400
2014 -- $194,500 $45,100 $149,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6601372

NorthstarMLS

APN: 10-028-24-41-0068

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