NOT LISTED FOR SALE

4901 Chicago Ave Minneapolis, MN 55417

Northrop Neighborhood

Estimated Value: $590,517 - $694,000

4 Beds
2 Baths
2,640 Sq Ft
$244/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $375,000 $142 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,057/month

45 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Community Garden
  • Hale Elementary School Rated A-
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of August 2014

Perfect owner occupant option w/main unit available now! Charm and character plus updated A/C, windows, insulation. Gas fplcs and 2-car garage! Hardwood floors, great condition and bus right to downtown! Walk to Creek!

Last Agent to Sell the Property

Sandra Carlson

Edina Realty, Inc. Listed on: 06/16/2014

Last Buyer's Agent

Dana Lincoln

Bricks Sticks & Stones, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,714

Year Built

  • Built in 1929

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x124
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,640 Sq Ft Home
  • Woodwork
  • Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Additional Features

  • Property is near public transit
  • Central Air

Listing and Financial Details

  • Tenant pays for cable TV, electric, trash, water/sewer, fuel
  • The owner pays for lawn, maint/repair, snow

Community Details

Overview

  • 2 Units

Amenities

  • Community Garden
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,714

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Street Designation: Avenue
  • Estimated Number of Acres: 0.14
  • Comp Dev Subdiv Name: Shenandoah Terrace
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2640
  • Total Fin Square Footage: 2640

Exterior Features

  • Frontage Road: City, Sidewalk
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Concrete

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Condo/Co-op/Association

  • Shared: Deck, Common Garden

Lot Info

  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks)
  • Estimated Lot Dimensions: 50x124

Rental Info

  • Owner Expense: Lawn, Maint/Repair, Snow
  • Tenant Expense: Cable TV, Electric, Trash, Water/Sewer, Fuel

Building Info

  • Year Built: 1929

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2014
  • Tax Value: 5714

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2014
Closed on
Sep 9, 2014
Sold by
Siems Jeffrey Jeffrey
Bought by
Coffeey Andrew Andrew
Seller's Agent
Sandra Carlson
Edina Realty, Inc.
Buyer's Agent
Dana Lincoln
Bricks Sticks & Stones, LLC
List Price
$389,000
Sold Price
$375,000
Premium/Discount to List
-$14,000
-3.6%
Current Estimated Value
$645,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,379
Avg. Annual Appreciation
4.98%
Original Mortgage
$370,000
Outstanding Balance
$282,840
Interest Rate
4.1%
Estimated Equity
$362,539

Purchase Details

Listed on
Jun 16, 2014
Closed on
Aug 28, 2014
Sold by
Siems Jeffrey Jeffrey
Bought by
Coffey Andrew Andrew
Seller's Agent
Sandra Carlson
Edina Realty, Inc.
Buyer's Agent
Dana Lincoln
Bricks Sticks & Stones, LLC
List Price
$389,000
Sold Price
$375,000
Premium/Discount to List
-$14,000
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$282,840
Interest Rate
4.1%
Estimated Equity
$362,539

Purchase Details

Closed on
Dec 3, 2001
Sold by
Traxler Leahrae and Traxler Leonard A
Bought by
Siems Jodie K and Siems Jeffrey W

Purchase Details

Closed on
Aug 31, 1999
Sold by
Magozzi Jason K and Magozzi Jennifer L
Bought by
Gulseth Matthew J and Gulseth Leah R
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
Coffeey Andrew Andrew $375,000 --
Coffey Andrew Andrew $375,000 --
Siems Jodie K $337,500 --
Gulseth Matthew J $209,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coffeey Andrew Andrew $370,000
Closed Coffey Andrew Andrew $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2014 08/28/14 Sold $375,000 -3.6% $142 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $389,000 -- $147 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $7,940 $529,000 $187,000 $342,000
2023 $7,471 $560,000 $187,000 $373,000
2022 $6,587 $545,000 $178,000 $367,000
2021 $6,407 $474,000 $135,000 $339,000
2020 $6,670 $477,000 $102,900 $374,100
2019 $6,869 $458,500 $68,600 $389,900
2018 $7,597 $458,500 $68,600 $389,900
2017 $7,189 $382,500 $62,400 $320,100
2016 $6,497 $332,500 $62,400 $270,100
2015 $5,929 $289,000 $62,400 $226,600
2014 -- $262,500 $60,600 $201,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sandra Carlson

    Edina Realty, Inc.

  • D

    Buyer's Agent in 2014

    Dana Lincoln

    Bricks Sticks & Stones, LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4635259

REALTOR® Association of Southern Minnesota

APN: 14-028-24-24-0178

Minnesota Hennepin County Minneapolis 55417 Northrop

4901 Chicago Ave, Minneapolis, MN

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