NOT LISTED FOR SALE

4953 Russell Ave S Minneapolis, MN 55410

Fulton Neighborhood

Estimated Value: $638,494 - $741,000

2 Beds
1 Bath
2,840 Sq Ft
$248/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $410,000 $144 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,595/month

14 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Woodwork
  • Lake Harriet Upper School Rated A-

About This Home

As of August 2013

Beautiful 1020's tudor. Large open units, hardwood floors, FP, original woodwork. Not your typical duplex. Lovely. A couple blocks to Lake Harriet, near 50th & France.

Last Agent to Sell the Property

Shawn Strathe

Bjorklund Realty, Inc. Listed on: 07/09/2013

Last Buyer's Agent

Thomas Golinvaux

Keller Williams Integrity Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,687

Year Built

  • Built in 1927

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x127

Parking

  • 2 Car Garage
  • Tuck Under Garage

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,840 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Boiler Heating System

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,687

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessment Balance: 76
  • Construction: Previously Owned
  • Projected Closed Date: 08/29/2013
  • Stories: 2 Story
  • Taxes With Assessments: 8687
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2840
  • Total Fin Square Footage: 2840

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Tuckunder
  • Number Garage Spaces: 2

Utilities

  • Heat: Boiler

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks)
  • Estimated Lot Dimensions: 40x127

Rental Info

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

Building Info

  • Year Built: 1927

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 8687

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2013
Closed on
Aug 16, 2013
Sold by
Lockman Stephen R
Bought by
Clark Keith Russell
Seller's Agent
Shawn Strathe
Bjorklund Realty, Inc.
Buyer's Agent
Thomas Golinvaux
Keller Williams Integrity Realty
List Price
$419,000
Sold Price
$410,000
Premium/Discount to List
-$9,000
-2.15%
Current Estimated Value
$704,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,124
Avg. Annual Appreciation
4.40%
Original Mortgage
$417,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2008
Sold by
Gagne Noble Gary
Bought by
Lockman Stephen

Purchase Details

Closed on
Apr 14, 2004
Sold by
Paul Patricia A
Bought by
Noble Gary G Gagne and Gagne Noble Janet M
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
Clark Keith Russell $400,000 Title One Inc
Lockman Stephen $385,000 --
Noble Gary G Gagne $496,132 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Keith Russell $341,875
Closed Clark Keith Russell $346,743
Closed Clark Keith Russell $417,000
Previous Owner Lockman Stephen R $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2013 08/16/13 Sold $410,000 -2.1% $144 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $419,000 -- $148 / 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 $8,876 $648,000 $359,000 $289,000
2022 $8,389 $589,000 $312,000 $277,000
2021 $7,325 $586,000 $281,000 $305,000
2020 $7,932 $538,500 $248,500 $290,000
2019 $8,167 $538,500 $242,900 $295,600
2018 $7,228 $538,500 $221,900 $316,600
2017 $7,050 $458,000 $201,700 $256,300
2016 $6,925 $436,000 $201,700 $234,300
2015 $7,262 $436,000 $201,700 $234,300
2014 -- $405,500 $185,600 $219,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Shawn Strathe

    Bjorklund Realty, Inc.

  • T

    Buyer's Agent in 2013

    Thomas Golinvaux

    Keller Williams Integrity Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4504679

REALTOR® Association of Southern Minnesota

APN: 17-028-24-14-0151

Minnesota Hennepin County Minneapolis 55410 Fulton

4953 Russell Ave S, Minneapolis, MN

This home is located at 4953 Russell Ave S, Minneapolis, MN 55410 since 09 July 2013 and is currently estimated at $704,124, approximately $247 per square foot. This property was built in 1927. 4953 Russell Ave S is a home located in Hennepin County with nearby schools including Lake Harriet Upper School, Lake Harriet Lower Elementary School, and Anthony Middle 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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