NOT LISTED FOR SALE

Estimated Value: $220,000 - $237,152

2 Beds
1 Bath
832 Sq Ft
$274/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $220,000 $264 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,481/month

12 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • 1-Story Property
  • Hale Elementary School Rated A-
  • Living Room
  • Forced Air Heating System

About This Home

As of May 2024

Welcome to the investment opportunity you have been searching for! This charming Bungalow is in fact the lowest list price of any home in the Regina neighborhood in over two years. That said, it has plenty of value, improvements, and reasons to consider purchase! Newer furnace, roof, and windows throughout. Large living room w/ a small addition for added living space. Two main floor bedrooms with large closets, and oak hardwood floor throughout. The basement below is a great candidate for additional finished space and added equity. Dry conditions, metal I-beam support, and nearly 8-foot ceilings! Ideal layout of basement mechanical for second bathroom, 3rd bedroom, and family room. Egress window is already installed! Deep lot with flat elevation and mature trees. Oversized single car garage in rear previously removed due to fire. Garage foundation remains. Use as a parking pad or save thousands rebuilding on existing concrete foundation. Priced to sell, and ready for its next owner!

Last Agent to Sell the Property

John Ahnemann

Lakes Area Realty Listed on: 03/27/2024

Last Buyer's Agent

Christina Meyer

Vibrant Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1949

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x129

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • F A Savages Portland Ave Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1002824440071

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,600

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1949
  • Above Grade Finished Sq Ft: 832
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 35x25
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, 8 ft+ Pour, Egress Window(s), Full, Concrete, Unfinished
  • Appliances: Exhaust Fan, Range
  • Living Area: 832
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • Neighborhood: Regina

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40x129
  • Lot Size Sq Ft: 5227.2
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1002824440071
  • Tax Annual Amount: 2600
  • TaxWithAssessments: 2600.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 3, 2024
Sold by
Peterson Marjorie
Bought by
Gezel Brandon
Seller's Agent
John Ahnemann
Lakes Area Realty
Buyer's Agent
Christina Meyer
Vibrant Realty
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%
Total Days on Market
12
Views
47
Current Estimated Value
$227,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,788
Avg. Annual Appreciation
3.27%
Original Mortgage
$195,000
Outstanding Balance
$193,144
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$34,644

Purchase Details

Closed on
Jun 1, 2007
Sold by
Twin City Properties Inc
Bought by
Peterson Marjorie A and Peterson Ledell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.95%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Nov 24, 1997
Sold by
Sharpe Alison E
Bought by
Twin City Properties

Purchase Details

Closed on
Apr 29, 1996
Sold by
Sisco Kathleen
Bought by
Sharpe Alison E
Source: Public Records

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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
Gezel Brandon $220,000 --
Peterson Marjorie A $56,000 --
Twin City Properties $53,540 --
Petersen Ledell $56,000 --
Sharpe Alison E $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gezel Brandon $195,000
Previous Owner Peterson Ledell $270,000
Closed Petersen Ledell --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $220,000 +2.3% $264 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $215,000 -- $258 / 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 $2,421 $203,000 $111,000 $92,000
2022 $2,396 $214,000 $90,000 $124,000
2021 $2,254 $191,000 $62,000 $129,000
2020 $2,444 $186,500 $62,500 $124,000
2019 $2,248 $186,500 $45,800 $140,700
2018 $2,102 $169,500 $45,800 $123,700
2017 $1,932 $142,500 $41,600 $100,900
2016 $1,772 $129,500 $41,600 $87,900
2015 $1,983 $136,500 $41,600 $94,900
2014 -- $130,000 $44,900 $85,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6509856

NorthstarMLS

APN: 10-028-24-44-0071