$387,000
SOLD FEB 4, 2025
2 Beds
2 Baths
1,360 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$285 Per Sq Ft

2% Above List Price

28 Days on Market

Highlights

  • No HOA
  • Porch
  • Family Room
  • Hale Elementary School Rated A-
  • Living Room
  • 3-minute walk to McRae Park

About This Home

As of February 2025

Welcome home to this South Minneapolis beauty! This 1920s 2-story home is conveniently located just one block to the shops & dining at 48th & Chicago. Walk in and be greeted by the sun-soaked three season porch before making your way into the bright & airy living room. Gorgeous windows, interior shutters and hardwood floors throughout magnify the character of this home. Homey kitchen blends old world charm and modern conveniences with original 1920s cabinetry built to ceiling and new 2023 stainless steel Frigidaire appliances. Upper level features two large bedrooms, including one with oversized walk in closet, and a full bath. Basement was recently finished in 2024 including a family room and ¾ bathroom. New washer & dryer 2024. Freshened up front and back landscaping as well as fully fenced yard make this your perfect oasis in the city! Walking distance to Minnehaha Parkway, Lake Nokomis, McRae Park and Pearl Park and minutes from 35W.

Last Agent to Sell the Property

Frances Bakke

Coldwell Banker Realty Brokerage Phone: 651-260-5007 Listed on: 11/20/2024

Coldwell Banker Realty

Last Buyer's Agent

Vanessa Miller

Keller Williams Realty Integrity

Keller Williams Realty Integrity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,442

Year Built

  • Built in 1922

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x124

Parking

  • 2 Car Garage

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Porch
  • Boiler Heating System

Community Details

  • No Home Owners Association
  • Belmont Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1402824220018

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,442

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Year Built: 1922
  • Above Grade Finished Sq Ft: 1056
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 651-260-5007
  • Attribution Contact: 651-260-5007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Living Area: 1360
  • Fireplace: No
  • Below Grade Finished Sq Ft: 304
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Family Room, Three Season Porch

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Neighborhood: Field
  • PatioPorchType: Front Porch,Patio,Porch

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 400

Utilities

  • Heating: Boiler
  • Sewer: City Sewer - In Street
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40x124
  • Lot Size Sq Ft: 4791.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1402824220018
  • Tax Annual Amount: 4442
  • TaxWithAssessments: 4442.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Jan 31, 2025
Sold by
Fossand John and Hoekstra Saakje
Bought by
Seewald Alicia
Seller's Agent
Frances Bakke
Coldwell Banker Realty
Buyer's Agent
Vanessa Miller
Keller Williams Realty Integrity
List Price
$380,000
Sold Price
$387,000
Premium/Discount to List
$7,000
1.84%
Views
69
Current Estimated Value
$396,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,850
Avg. Annual Appreciation
3.82%
Original Mortgage
$367,650
Outstanding Balance
$367,650
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$29,200

Purchase Details

Closed on
Apr 21, 2022
Sold by
Gilbert Molly B
Bought by
Hoekstra Saakje and Fossand John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,696
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 2022
Sold by
Gilbert Molly B
Bought by
Gilbert Molly B and Gilbert Rosemarie U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,696
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2021
Sold by
Gilbert Rosemarie U
Bought by
Gilbert Molly B

Purchase Details

Closed on
Jun 19, 2020
Sold by
Gilbert Rosemarie U
Bought by
Gilbert Rosemarie U and Gilbert Molly B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2002
Sold by
Estate Of Edith B Huber
Bought by
Gilbert Rose Marie U and Gilbert Wayne
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 Type Sale Price Title Company
Warranty Deed $387,000 All American Title Company
Warranty Deed $348,000 Burnet Title
Quit Claim Deed $500 Burnet Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Affinity Plus Title Company
Affidavit Of Death Of Joint Tenant -- Affinity Plus Title Company
Warranty Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,650 New Conventional
Previous Owner $341,696 FHA
Previous Owner $126,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Sold $387,000 +1.8% $285 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
12/07/2024 12/07/24 For Sale $380,000 -1.8% $279 / Sq Ft
12/06/2024 12/06/24 Off Market $387,000 -- --
11/20/2024 11/20/24 For Sale $380,000 -- $279 / 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
2024 $4,907 $331,000 $136,000 $195,000
2023 $4,442 $341,000 $131,000 $210,000
2022 $4,104 $342,000 $125,000 $217,000
2021 $3,564 $305,000 $94,000 $211,000
2020 $3,861 $277,000 $55,600 $221,400
2019 $3,979 $277,000 $50,500 $226,500
2018 $3,480 $277,000 $50,500 $226,500
2017 $3,111 $217,500 $45,900 $171,600
2016 $3,092 $210,500 $45,900 $164,600
2015 $3,244 $210,500 $45,900 $164,600
2014 -- $193,000 $45,900 $147,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6633041

NorthstarMLS

APN: 14-028-24-22-0018