503 2nd Ave SE Minneapolis, MN 55414
Marcy-Holmes Neighborhood
3
Beds
1.5
Baths
1,644
Sq Ft
$166/mo
HOA Fee
Highlights
- Loft
- Cul-De-Sac
- Patio
- The kitchen features windows
- 1 Car Attached Garage
- 3-minute walk to Holmes Park
About This Home
As of December 2024Great investment opportunity in the Heart of Minneapolis. Cash or Rehab only - Buyers to assume minor repairs on the City of Minneapolis Truth in Housing Inspection Report. Multiple offers received.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,753
Year Built
- Built in 1979
Lot Details
- 1,307 Sq Ft Lot
- Lot Dimensions are 18x72
- Cul-De-Sac
- Street terminates at a dead end
- Partially Fenced Property
- Wood Fence
HOA Fees
- $166 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
Home Design
- Split Level Home
Interior Spaces
- Wood Burning Fireplace
- Decorative Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Loft
Kitchen
- Range
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Underground Utilities
- 100 Amp Service
Community Details
- Association fees include hazard insurance, lawn care, ground maintenance, shared amenities, snow removal
- Eden Square Townhomes Association, Phone Number (612) 859-1397
- Eden Square Twnhms Subdivision
Listing and Financial Details
- Assessor Parcel Number 2302924110259
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 27, 2024
Closed on
Dec 19, 2024
Sold by
Gisselquist Kenneth M and Oster Jane E
Bought by
Cooper Kimberly Jean and Cooper Robert Bradley
Seller's Agent
Scott Wojahn
Edina Realty, Inc.
Buyer's Agent
Ruth McGrath
Edina Realty, Inc.
List Price
$285,000
Sold Price
$287,000
Premium/Discount to List
$2,000
0.7%
Views
86
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,410
Avg. Annual Appreciation
16.22%
Original Mortgage
$229,600
Outstanding Balance
$226,381
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$91,029
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $287,000 | Edina Realty Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $229,600 | New Conventional | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $25,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/24/2024 12/24/24 | Sold | $287,000 | +0.7% | $175 / Sq Ft |
| 11/27/2024 11/27/24 | For Sale | $285,000 | -- | $173 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,753 | $297,000 | $93,000 | $204,000 |
| 2022 | $3,625 | $283,000 | $69,000 | $214,000 |
| 2021 | $3,501 | $273,000 | $62,000 | $211,000 |
| 2020 | $3,483 | $273,000 | $17,200 | $255,800 |
| 2019 | $3,398 | $253,000 | $17,200 | $235,800 |
| 2018 | $3,155 | $241,000 | $17,200 | $223,800 |
| 2016 | $3,027 | $206,500 | $17,200 | $189,300 |
| 2015 | $2,686 | $179,000 | $17,200 | $161,800 |
| 2014 | -- | $188,000 | $17,200 | $170,800 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Wojahn
Seller's Agent in 2024
Scott Wojahn
Edina Realty, Inc.
(612) 701-7609
1 in this area
75 Total Sales
-
Ruth McGrath
Buyer's Agent in 2024
Ruth McGrath
Edina Realty, Inc.
(952) 994-1254
1 in this area
28 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6593334
APN: 23-029-24-11-0259
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 45 University Ave SE Unit 314
- 127 5th St NE Unit 205
- 127 5th St NE Unit 106
- 127 5th St NE Unit G08
- 226 8th St SE
- 313 4th Ave SE
- 424 5th St SE
- 221 1st Ave NE Unit 27
- 215 7th St NE Unit 205
- 333 8th St SE Unit 308
- 333 8th St SE Unit 316
- 333 8th St SE Unit 304
- 222 2nd St SE Unit 509
- 222 2nd St SE Unit 1503
- 110 Bank St SE Unit L1902
- 110 Bank St SE Unit L1504
- 110 Bank St SE Unit L504
- 110 1st Ave NE Unit F605
- 110 1st Ave NE Unit F1201
- 110 1st Ave NE Unit F1202