NOT LISTED FOR SALE

4667 Cedar Ave S Minneapolis, MN 55407

Ericsson Neighborhood

Estimated Value: $452,193 - $516,000

6 Beds
2 Baths
2,656 Sq Ft
$179/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $440,000 $166 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,073/month

21 Days on Market

About This Home

As of December 2023

Fantastic location! Adjacent to shopping, the golf corse, bus out front and one block from the lake.4 bedroom in unit 4667 with 1 bathroom. One of the upper bedrooms needs HVAC ducting and the bedroom in the lower level needs a ceiling. Unit 4669 has 2 bedrooms and 1 bathroom. TLC is needed in both units. New roof in 2022 and new furnaces in 2020.

Last Agent to Sell the Property

Bryan Kranz

Ravenswood Realty Listed on: 09/27/2023

Co-Listed By

John Upton

Ravenswood Realty

Last Buyer's Agent

Bryan Kranz

Ravenswood Realty Listed on: 09/27/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,493

Year Built

  • Built in 1946

Lot Details

  • Lot Dimensions are 47x122
  • Chain Link Fence
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Shake Siding

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Partially Finished Basement

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

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Community Details

  • 2 Units
  • Auditors Sub 290 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1302824220013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,493

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1946
  • Above Grade Finished Sq Ft: 2026
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL,Satellite
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Full, Partially Finished
  • Living Area: 2656
  • Below Grade Finished Sq Ft: 630
  • Basement YN: Yes
  • Appliances: Dryer,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 8
  • Appliances: Dryer,Range
  • Total Rooms: 6
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Fencing: Chain Link
  • ConstructionMaterialsDesc: Block,Timber/Post & Beam
  • Neighborhood: Ericsson

Garage/Parking

  • Garage Square Feet: 400

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 47x122
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Some Trees
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding, Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1302824220013
  • Tax Annual Amount: 5493
  • TaxWithAssessments: 5493.0000

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Dec 7, 2023
Sold by
Erickson Shirley
Bought by
Mcgee Elzie
Seller's Agent
Bryan Kranz
Ravenswood Realty
Buyer's Agent
Bryan Kranz
Ravenswood Realty
List Price
$420,000
Sold Price
$440,000
Premium/Discount to List
$20,000
4.76%
Views
32
Current Estimated Value
$474,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,798
Avg. Annual Appreciation
5.13%
Original Mortgage
$414,530
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2023
Closed on
Nov 20, 2023
Sold by
Erickson Shirley A
Bought by
Mcgee Elzie
Seller's Agent
Bryan Kranz
Ravenswood Realty
Buyer's Agent
Bryan Kranz
Ravenswood Realty
List Price
$420,000
Sold Price
$440,000
Premium/Discount to List
$20,000
4.76%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,530
Interest Rate
7.79%
Mortgage Type
New Conventional
Source: Public Records

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
Mcgee Elzie $440,000 --
Mcgee Elzie $440,000 K2 Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgee Elzie $437,525
Closed Mcgee Elzie $414,530
Previous Owner Mcgee Elzie $418,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2023 12/07/23 Sold $440,000 +4.8% $166 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $420,000 -- $158 / 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 $5,693 $437,000 $116,000 $321,000
2022 $4,838 $418,000 $108,000 $310,000
2021 $4,901 $354,000 $65,000 $289,000
2020 $4,690 $369,500 $71,100 $298,400
2019 $4,832 $330,000 $47,400 $282,600
2018 $4,331 $330,000 $47,400 $282,600
2017 $4,066 $275,000 $43,100 $231,900
2016 $3,760 $249,500 $43,100 $206,400
2015 $3,361 $217,000 $43,100 $173,900
2014 -- $202,000 $43,100 $158,900
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Bryan Kranz

    Ravenswood Realty

    (612) 237-2489

    1 in this area

    37 Total Sales

    Section Image
  • John Upton

    Seller Co-Listing Agent in 2023

    John Upton

    Ravenswood Realty

    (612) 919-3956

    1 in this area

    23 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6439852

NorthstarMLS

APN: 13-028-24-22-0013

Minnesota Hennepin County Minneapolis 55407 Ericsson

4667 Cedar Ave S, Minneapolis, MN

This home is located at 4667 Cedar Ave S, Minneapolis, MN 55407 since 27 September 2023 and is currently estimated at $474,798, approximately $178 per square foot. This property was built in 1946. 4667 Cedar Ave S is a home located in Hennepin County with nearby schools including Northrop Elementary School, Sanford Middle School, and Roosevelt Senior High School.

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