NOT LISTED FOR SALE

4940 W Broadway Ave Minneapolis, MN 55429

Welcome Park Neighborhood

Estimated Value: $184,000

5 Beds
2.5 Baths
1,881 Sq Ft
$98/Sq Ft Est. Value

Last Sold March 02, 2012

Last sale price $50,000 $27 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $1,186/month

20 Days on Market

Highlights

  • 0.62 Acre Lot
  • 2 Car Attached Garage
  • Heating System Uses Steam

About This Home

As of March 2012

Bank owned, sold as is. Cash only. Proof of funds required. Property has had fire damage and is uninhabitable. Property has been re-zoned to commercial use only-See attached supplements for details. Huge lot in busy location. Great investment property!

Last Agent to Sell the Property

Shannon Olson

Minnesota Home Venture, Inc. Listed on: 12/28/2011

Last Buyer's Agent

Christopher Dennis

Lakes Area Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,058

Year Built

  • 1928

Lot Details

  • 0.62

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,881 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Window Egress

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • 0.62 Acre Lot
  • Heating System Uses Steam

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,058

Year Built

1928

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 0.62
  • Assessment Balance: 234.31
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1309
  • Projected Closed Date: 02/28/2012
  • Stories: 2 Story
  • Taxes With Assessments: 2721
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Basement Features: Egress Windows, Unfinished
  • Finished Above Grade Sq Ft: 1881
  • Total Fin Square Footage: 1881

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Steam

Schools

  • School District: Robbinsdale #281

Lot Info

  • Estimated Lot Dimensions: W195X186X1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2016
Sold by
Ortega Irma Sonia and Delucio Isis
Bought by
4940 West Broadway Ave Llc
Current Estimated Value
$184,000

Purchase Details

Listed on
Dec 28, 2011
Closed on
Mar 2, 2012
Sold by
Deustsche Bank National Trust Company
Bought by
Ortega Sonia
Seller's Agent
Shannon Olson
Minnesota Home Venture, Inc.
Buyer's Agent
Christopher Dennis
Lakes Area Realty
List Price
$39,900
Sold Price
$50,000
Premium/Discount to List
$10,100
25.31%

Purchase Details

Closed on
Jul 5, 2011
Sold by
Kataviravong Bounleuang K
Bought by
Deutsche Bank National Trust Company
Source: Public Records

Range of Values:

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Average Value
Not Available
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
4940 West Broadway Ave Llc $120,000 Titlesmart Inc
Ortega Sonia $50,000 North American Title Co
Deutsche Bank National Trust Company $115,000 --
Deutsche Bank National Trust Company $115,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2012 03/02/12 Sold $50,000 +25.3% $27 / Sq Ft
01/17/2012 01/17/12 Pending -- -- --
12/28/2011 12/28/11 For Sale $39,900 -- $21 / 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
2023 $9,058 $342,000 $189,000 $153,000
2022 $10,020 $342,000 $189,000 $153,000
2021 $10,241 $342,000 $135,000 $207,000
2020 $9,440 $342,000 $135,000 $207,000
2019 $8,826 $312,000 $117,000 $195,000
2018 $2,858 $284,000 $117,000 $167,000
2017 $6,126 $163,000 $162,000 $1,000
2016 $17,746 $163,000 $162,000 $1,000
2015 $12,288 $163,000 $162,000 $1,000
2014 -- $163,000 $162,000 $1,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Shannon Olson

    Minnesota Home Venture, Inc.

  • C

    Buyer's Agent in 2012

    Christopher Dennis

    Lakes Area Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4095532

REALTOR® Association of Southern Minnesota

APN: 09-118-21-24-0014

Minnesota Hennepin County Minneapolis 55429 Welcome Park

4940 W Broadway Ave, Minneapolis, MN

This home is located at 4940 W Broadway Ave, Minneapolis, MN 55429 since 28 December 2011 and is currently priced at $184,000, approximately $97 per square foot. This property was built in 1928. 4940 W Broadway Ave is a home located in Hennepin County with nearby schools including Forest Elementary School, Robbinsdale Middle School, and Robbinsdale Cooper Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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