NOT LISTED FOR SALE

516 W 28th St Minneapolis, MN 55408

Whittier Neighborhood

Estimated Value: $390,239 - $496,000

2 Beds
1 Bath
2,112 Sq Ft
$208/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $243,000 $115 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,861/month

43 Days on Market

Highlights

  • Property is near public transit
  • Fenced Yard
  • Community Deck or Porch
  • Wood Flooring
  • 3 Car Detached Garage
  • 3-minute walk to Whittier Park

About This Home

As of August 2012

Just east of Lyndale in Uptown! Up/Dwn style Duplex with original woodwork, hardwood floors, updated kitchens and nice back yard. 3 car garage! Close to shopping, dining, parks- Great!

Last Agent to Sell the Property

Rochelle Allison

Keller Williams Premier Realty Listed on: 07/19/2012

Last Buyer's Agent

Peter Rathjen

Counselor Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,842

Year Built

  • Built in 1923

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40 x 115.5
  • Fenced Yard

Parking

  • 3 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range

Location

  • Property is near public transit

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel
  • The owner pays for lawn, snow, trash, water/sewer
  • Assessor Parcel Number 3402924320066

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,842

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Parcel Number: 3402924320066
  • Projected Closed Date: 08/31/2012
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 4640
  • Estimated Number of Acres: 0.1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2112
  • Total Fin Square Footage: 2112

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Fenced Yard - Full

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 3

Condo/Co-op/Association

  • Shared: Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks)
  • Estimated Lot Dimensions: 40 X 115.5

Rental Info

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

Building Info

  • Year Built: 1923

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2011
  • Tax Value: 4842

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2012
Closed on
Aug 24, 2012
Sold by
Allison Robert J and Allison Rochelle A
Bought by
Bauer Sarah Kay
Seller's Agent
Rochelle Allison
Keller Williams Premier Realty
Buyer's Agent
Peter Rathjen
Counselor Realty, Inc.
List Price
$250,000
Sold Price
$243,000
Premium/Discount to List
-$7,000
-2.8%
Current Estimated Value
$435,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,098
Avg. Annual Appreciation
4.37%
Original Mortgage
$238,598
Outstanding Balance
$165,554
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$257,208

Purchase Details

Closed on
Apr 24, 2006
Sold by
Fowlds Daniel R and Fowlds Barbara J
Bought by
Allison Robert J and Allison Rochelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.37%
Mortgage Type
New Conventional
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
Bauer Sarah Kay $243,000 Network Title Inc
Allison Robert J $298,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bauer Sarah $66,350
Open Bauer Sarah Kay $238,598
Previous Owner Hoppe Lo0usene M $41,250
Previous Owner Allison Robert J $224,000
Previous Owner Allison Robert J $44,800
Previous Owner Fowlds Daniel R $201,000
Previous Owner Fowlds Daniel R $40,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2012 08/31/12 Sold $243,000 -2.8% $115 / Sq Ft
08/31/2012 08/31/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $250,000 -- $118 / 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 $5,747 $360,000 $114,000 $246,000
2022 $6,064 $366,000 $114,000 $252,000
2021 $6,640 $357,000 $100,000 $257,000
2020 $6,906 $406,000 $82,400 $323,600
2019 $6,899 $390,500 $54,900 $335,600
2018 $5,934 $372,000 $54,900 $317,100
2017 $5,275 $281,500 $49,900 $231,600
2016 $4,798 $248,500 $49,900 $198,600
2015 $4,827 $238,500 $49,900 $188,600
2014 -- $228,000 $52,800 $175,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Rochelle Allison

    Keller Williams Premier Realty

  • P

    Buyer's Agent in 2012

    Peter Rathjen

    Counselor Realty, Inc.

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4347744

REALTOR® Association of Southern Minnesota

APN: 34-029-24-32-0066

Minnesota Hennepin County Minneapolis 55408 Whittier

516 W 28th St, Minneapolis, MN

This home is located at 516 W 28th St, Minneapolis, MN 55408 since 19 July 2012 and is currently estimated at $438,560, approximately $207 per square foot. This property was built in 1923. 516 W 28th St is a home located in Hennepin County with nearby schools including Whittier International, Andersen United Middle School, and South 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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