Seller's Agent in 2023
Leo Sandoval
eXp Realty
(612) 314-3166
1 in this area
77 Total Sales
514 4th Ave SE Minneapolis, MN 55414
Marcy-Holmes NeighborhoodEstimated Value: $341,000 - $425,000
4
Beds
1.5
Baths
1,874
Sq Ft
$200/Sq Ft
Est. Value
Highlights
- No HOA
- Stair Lift
- 2-minute walk to Holmes Park
- Wheelchair Ramps
About This Home
As of December 2023Incredible Investment Opportunity in the Historic Marcy Holmes neighborhood this classic charmer exudes character & features a double lot perfect for expansion. The main floor features one bedroom w/room for bath, spacious living, dining & kitchen, tall ceilings & original woodwork. Upstairs, 4 more bedrooms, remodeled bath, kitchenette & separate entrance with potential to convert to a duplex. Possibility of rezoning for multifamily use & adding multi-unit on the expanded double lot. Cash is king in this deal & being sold as-is. No repairs will be made offering a clean slate for investors to craft their vision. Featuring newer radiator heating & a kitchen on both levels, the property is primed for multi-family living. The basement, with a plumbed bathroom, presents an opportunity for a basement remodel, adding value. This property is located in a prime location walking distance to the Mississippi River, restaurants, dinkytown and close to U of M. This is an incredible prospect.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,517
Year Built
- Built in 1926
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 123x55
Parking
- Open Parking
Home Design
- Unfinished Walls
Interior Spaces
- 1,874 Sq Ft Home
- 1.5-Story Property
- Basement
- Block Basement Construction
Bedrooms and Bathrooms
- 4 Bedrooms
Accessible Home Design
- Stair Lift
- Wheelchair Ramps
Utilities
- Window Unit Cooling System
- Radiator
Community Details
- No Home Owners Association
- Mill Cos Add To St Anthony Falls Subdivision
Listing and Financial Details
- Assessor Parcel Number 2302924140009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2023
Closed on
Dec 6, 2023
Sold by
Boyle Christine L
Bought by
Chappell Noah
Seller's Agent
Leo Sandoval
eXp Realty
Buyer's Agent
David T Lee
RE/MAX Results
List Price
$320,000
Sold Price
$275,000
Premium/Discount to List
-$45,000
-14.06%
Views
61
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
$99,125
Avg. Annual Appreciation
16.82%
Original Mortgage
$247,500
Outstanding Balance
$243,615
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$130,510
Purchase Details
Closed on
Jun 21, 2017
Sold by
Boyle Christine and Boyle John Harvey
Bought by
Boyle Christine
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chappell Noah | $275,000 | Edgewater Title Group | |
| Boyle Christine | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chappell Noah | $247,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/06/2023 12/06/23 | Sold | $275,000 | 0.0% | $147 / Sq Ft |
| 11/28/2023 11/28/23 | Pending | -- | -- | -- |
| 10/25/2023 10/25/23 | Price Changed | $275,000 | -14.1% | $147 / Sq Ft |
| 10/20/2023 10/20/23 | For Sale | $320,000 | -- | $171 / 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 |
|---|---|---|---|---|
| 2024 | $5,179 | $361,000 | $180,000 | $181,000 |
| 2023 | $4,552 | $379,000 | $174,000 | $205,000 |
| 2022 | $4,787 | $374,000 | $150,000 | $224,000 |
| 2021 | $4,615 | $376,000 | $161,000 | $215,000 |
| 2020 | $5,001 | $375,500 | $69,700 | $305,800 |
| 2019 | $5,152 | $375,500 | $69,700 | $305,800 |
| 2018 | $5,057 | $375,500 | $69,700 | $305,800 |
| 2017 | $4,266 | $287,000 | $63,400 | $223,600 |
| 2016 | $3,765 | $249,500 | $63,400 | $186,100 |
| 2015 | $3,953 | $249,500 | $63,400 | $186,100 |
| 2014 | -- | $227,000 | $61,800 | $165,200 |
Source: Public Records
Agents Affiliated with this Home
-
Leo Sandoval
-
Lindsey Jo Sandoval
Seller Co-Listing Agent in 2023
Lindsey Jo Sandoval
eXp Realty
(612) 900-3083
1 in this area
30 Total Sales
-
David T Lee
Buyer's Agent in 2023
David T Lee
RE/MAX Results
(763) 591-6000
2 in this area
120 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6449953
APN: 23-029-24-14-0009
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