NOT LISTED FOR SALE

Estimated Value: $907,000 - $996,325

5 Beds
3 Baths
4,162 Sq Ft
$229/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $900,000 $216 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,331/month

104 Days on Market

Highlights

  • Home fronts a creek
  • Guest Suite with Kitchen
  • 15,682 Sq Ft lot
  • Hale Elementary School Rated A-
  • Lake View
  • Family Room with Fireplace

About This Home

As of February 2024

Opportunity abounds in this stunning Mid-Century modern rambler, a true architectural gem reminiscent of Frank Lloyd Wright's timeless designs. An oasis in the city, this spacious home boasts 5BR/3BA, elevated position with breathtaking views of Minnehaha Creek and seasonal views of Lake Nokomis, 2 blocks away. Enjoy a main level primary plus one other large bed along with main level laundry. Lower level offers versatility, featuring a light filled multi-purpose room, exercise room, plus an apartment w/bedroom, living room and kitchen. Two other beds are on this level. Unwind on the patio with a beautifully landscaped double lot (with potential to sell as a legal lot or create a private oasis, whether pickleball court or swimming pool). 2-yr-old AC/furnace, New humidifier & water heater, 8 yr-old roof w warranty. 17th St improvements offer freshly paved access (no assessments). Perfectly situated within walking distance of the grocery store, restaurants, wine store, and coffee shops.

Last Agent to Sell the Property

Nathan Gerard

Keller Williams Realty Integrity Lakes Listed on: 11/15/2023

Keller Williams Realty Integrity Lakes

Last Buyer's Agent

Dena Hodnett

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,069

Year Built

  • Built in 1953

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 129x123
  • Home fronts a creek
  • Corner Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Game Room
  • Home Gym
  • Lake Views
  • Finished Basement
  • Basement Window Egress

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Guest Suite with Kitchen

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1402824140094

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,069

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1953
  • Above Grade Finished Sq Ft: 2378
  • Water Body Name: Minnehaha Creek
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Second Unit: Existing In-Law w/Kitchen
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Egress Window(s), Finished
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Living Area: 4162
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1784
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Amusement Room, Kitchen- 2nd, Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • View: Panoramic
  • ConstructionMaterialsDesc: Block
  • Neighborhood: Hale
  • PatioPorchType: Patio
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 644

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Panoramic View,Security System,In-Ground Sprinkler

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 129x123
  • Lot Size Sq Ft: 15681.6
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1402824140094
  • Tax Annual Amount: 12069
  • TaxWithAssessments: 12069.0000

Multi Family

  • WaterfrontFeatures: Creek/Stream, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Feb 23, 2024
Sold by
Joan E Kloiber Revocable Trust
Bought by
Loavenbruck Adam and Rein Erin
Seller's Agent
Nathan Gerard
Keller Williams Realty Integrity Lakes
Buyer's Agent
Dena Hodnett
RE/MAX Results
List Price
$1,000,000
Sold Price
$900,000
Premium/Discount to List
-$100,000
-10%
Views
181
Current Estimated Value
$953,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,831
Avg. Annual Appreciation
3.75%
Original Mortgage
$652,500
Outstanding Balance
$641,769
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$312,062
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
Loavenbruck Adam $900,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loavenbruck Adam $652,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $900,000 -10.0% $216 / Sq Ft
11/16/2023 11/16/23 For Sale $1,000,000 -- $240 / 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 $15,283 $933,000 $354,000 $579,000
2023 $13,426 $933,000 $363,000 $570,000
2022 $12,109 $842,000 $314,000 $528,000
2021 $12,820 $805,000 $245,000 $560,000
2020 $13,874 $874,500 $309,300 $565,200
2019 $14,268 $874,500 $221,400 $653,100
2018 $12,172 $874,500 $221,400 $653,100
2017 $11,464 $701,000 $201,300 $499,700
2016 $11,343 $628,000 $201,300 $426,700
2015 $10,851 $577,500 $201,300 $376,200
2014 -- $548,000 $201,300 $346,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6460240

NorthstarMLS

APN: 14-028-24-14-0094