NOT LISTED FOR SALE

501 Pleasure Creek Dr Minneapolis, MN 55434

Estimated Value: $238,718 - $249,000

3 Beds
2 Baths
1,284 Sq Ft
$190/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $240,000 $187 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,709/month

2 Days on Market

Highlights

  • 2 Car Attached Garage
  • Guest Parking
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen

About This Home

As of June 2024

This 3 bedroom townhome has tons of potential and is just waiting for you to come in and make it your own! All of the expensive stuff has already been taken care of with a newer furnace, AC and water heater AND the seller is also offering a $3000 closing costs credit to replace the carpet throughout the home. You won't find a home with this much potential at this price point anywhere else!

Last Agent to Sell the Property

Brandon Archie

Keller Williams Classic Rlty NW Brokerage Phone: 612-544-2406 Listed on: 05/17/2024

Keller Williams Classic Rlty NW

Last Buyer's Agent

Alexis Nelson

Real Broker, LLC

Real Broker, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,714

Year Built

  • Built in 1984

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 33x67

HOA Fees

  • $248 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,284 Sq Ft Home
  • 1.5-Story Property

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Association fees include lawn care, ground maintenance, professional mgmt, trash, snow removal, water
  • New Concepts Management Association, Phone Number (952) 222-2500
  • Clover Leaf Farm 7Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 303123310192

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,714

Year Built

Built in 1984

Lot Details

0

HOA Fees

$248 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1984
  • Above Grade Finished Sq Ft: 1284
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-544-2406
  • Attribution Contact: 612-544-2406
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer
  • Living Area: 1284
  • Fireplace: No
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Guest Parking

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Snow Removal, Water
  • Phone: 952-222-2500
  • Association Fee: 248
  • Association: Yes

Association/Amenities

  • HOA Management Co: New Concepts Management

Schools

  • Junior High Dist: Spring Lake Park
  • SchoolDistrictPhone: 763-786-5570

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 33x67
  • Lot Size Sq Ft: 2613.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 303123310192
  • Tax Annual Amount: 1714
  • TaxWithAssessments: 1714.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jun 28, 2024
Sold by
Kolstad Charles and Kolstad Alexus
Bought by
Downing Katherine and Downing Nathan
Seller's Agent
Brandon Archie
Keller Williams Classic Rlty NW
Buyer's Agent
Alexis Nelson
Real Broker, LLC
List Price
$214,900
Sold Price
$240,000
Premium/Discount to List
$25,100
11.68%
Views
22
Current Estimated Value
$243,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,430
Avg. Annual Appreciation
1.07%
Original Mortgage
$215,953
Outstanding Balance
$213,388
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$30,042

Purchase Details

Closed on
Apr 28, 2016
Sold by
Hatteberg Ryan and Hatteberg Crystal
Bought by
Kolstad Charles P and Lexus C Kolstad A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,954
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 2006
Sold by
Ostman Scott A and Ostman Heather K
Bought by
Fortin Crystal N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 28, 2001
Sold by
Vezina Sandra Lee
Bought by
Gehrls Heather K and Ostman Scott A
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
Downing Katherine $240,000 --
Kolstad Charles P $140,500 Minnesota Title
Fortin Crystal N $157,000 --
Gehrls Heather K $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downing Katherine $215,953
Previous Owner Kolstad Charles P $137,954
Previous Owner Fortin Crystal N $125,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $240,000 +11.7% $187 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $214,900 -- $167 / 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
2025 $2,166 $229,700 $93,300 $136,400
2024 $2,166 $216,700 $85,200 $131,500
2023 $1,714 $207,900 $78,000 $129,900
2022 $1,479 $186,700 $56,000 $130,700
2021 $1,437 $146,000 $42,000 $104,000
2020 $1,637 $140,300 $42,000 $98,300
2019 $1,478 $149,900 $41,000 $108,900
2018 $1,382 $135,200 $0 $0
2017 $1,361 $125,100 $0 $0
2016 $1,219 $110,500 $0 $0
2015 -- $110,500 $27,800 $82,700
2014 -- $91,500 $21,600 $69,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6538224

NorthstarMLS

APN: 30-31-23-31-0192