Seller's Agent in 2022
Paul Sigurdson
Engel & Völkers Minneapolis
(612) 723-2502
1 in this area
43 Total Sales
4501 Welcome Ave N Minneapolis, MN 55422
Welcome Park NeighborhoodEstimated Value: $327,000 - $401,000
4
Beds
2
Baths
2,006
Sq Ft
$177/Sq Ft
Est. Value
Highlights
- Deck
- No HOA
- Parking Storage or Cabinetry
- Corner Lot
- The kitchen features windows
- 2-minute walk to Welcome Park
About This Home
As of July 2022Lovingly maintained and updated by long-term owners, this timeless designed expansion bungalow is the perfect first step to owning a piece of the American Dream! Roof in 2019, HVAC in 2017, windows in 2014, Maint. Free exterior, Remodeled Kitchen, Remodeled Baths, Luxurious Breezeway, two separate decks, Fireplace and oversized double garage. Wood Privacy Fence offers seclusion for the spacious corner lot. Do not miss this opportunity!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,862
Year Built
- Built in 1951
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 67 x 110
- Partially Fenced Property
- Privacy Fence
- Wood Fence
- Corner Lot
Parking
- 2 Car Garage
- Parking Storage or Cabinetry
- Garage Door Opener
Home Design
- Pitched Roof
Interior Spaces
- 1.5-Story Property
- Family Room
- Living Room with Fireplace
- Utility Room Floor Drain
Kitchen
- Range
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Outdoor Features
- Deck
- Breezeway
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0911821340073
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2022
Closed on
Jul 5, 2022
Sold by
Wuollet Sara D and Wuollet Robert D
Bought by
Olson Brian T
Seller's Agent
Paul Sigurdson
Engel & Volkers Minneapolis Downtown
Buyer's Agent
Anne Parsons
Coldwell Banker Realty
List Price
$300,000
Sold Price
$338,500
Premium/Discount to List
$38,500
12.83%
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,512
Avg. Annual Appreciation
1.62%
Original Mortgage
$270,800
Outstanding Balance
$260,600
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$93,518
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Olson Brian T | $338,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Olson Brian T | $270,800 | |
| Previous Owner | Wuollet Sara E | $135,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2022 07/14/22 | Sold | $338,500 | +12.8% | $169 / Sq Ft |
| 05/26/2022 05/26/22 | Pending | -- | -- | -- |
| 05/26/2022 05/26/22 | For Sale | $300,000 | -- | $150 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $4,448 | $329,800 | $106,000 | $223,800 |
| 2022 | $3,861 | $285,000 | $104,000 | $181,000 |
| 2021 | $3,580 | $252,000 | $93,000 | $159,000 |
| 2020 | $3,450 | $227,000 | $77,000 | $150,000 |
| 2019 | $3,213 | $214,000 | $79,000 | $135,000 |
| 2018 | $3,183 | $190,000 | $55,000 | $135,000 |
| 2017 | $3,086 | $175,000 | $54,000 | $121,000 |
| 2016 | $2,968 | $159,000 | $41,000 | $118,000 |
| 2015 | $2,964 | $159,000 | $45,000 | $114,000 |
| 2014 | -- | $135,000 | $37,000 | $98,000 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Sigurdson
-
Anne Parsons
Buyer's Agent in 2022
Anne Parsons
Coldwell Banker Realty
(612) 300-2311
1 in this area
24 Total Sales
Map
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6193958
APN: 09-118-21-34-0073
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