NOT LISTED FOR SALE

520 River St Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $1,438,694 - $1,593,000

4 Beds
3.5 Baths
4,179 Sq Ft
$363/Sq Ft Est. Value

Last Sold August 13, 2014

Last sale price $1,025,000 $245 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $10,467/month

67 Days on Market

Highlights

  • Heated Floors
  • Formal Dining Room
  • Eat-In Kitchen
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • 3-minute walk to North Loop Playground

About This Home

As of August 2014

Tastefully updated, open concept luxury in the heart of Mps! Massive entertainment space w/trad`l comforts. Gourmet kitchen, butler`s pantry, 2 outdoor spaces. Master suite overlooks the river w/spa-like bath & large walk-in closet. True urban oasis!

Last Agent to Sell the Property

Stephanie Chandler

Edina Realty, Inc. Listed on: 05/19/2014

Last Buyer's Agent

Barbara Collins

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,216

Year Built

  • Built in 2001

Lot Details

  • 6,534 Sq Ft Lot
  • Property fronts a private road
  • Irregular Lot

HOA Fees

  • $555 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • Central Vacuum
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Side by Side Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Furnace Humidifier
  • Water Softener is Owned

Additional Features

  • Air Exchanger
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 2202924110123

Community Details

Overview

  • Association fees include exterior maintenance, snow removal, trash, cable/satellite

Amenities

  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,216

Year Built

Built in 2001

Lot Details

0

HOA Fees

$555 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Side x Side
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.15
  • Construction: Previously Owned
  • Foundation Size: 1300
  • Mechanicals: Air to Air Exchange, Central Vacuum, Electronic Air Filter, Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 2202924110123
  • Street Designation: Street
  • Comp Dev Subdiv Name: North Loop
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 12.5x16, On Level: Main
  • Room 2: Dining Room, 21x14, On Level: Main
  • Room 3: Family Room, 18x19, On Level: Main
  • Room 4: Kitchen, 13x25, On Level: Main
  • Room 5: Bedroom, 17x18, On Level: Upper
  • Room 6: Bedroom, 18x14, On Level: Upper
  • Room 7: 14x12.5, On Level: Lower
  • Room 8: Bedroom, 18x20, On Level: Upper
  • Room 9: Other, 30x19, On Level: Lower
  • Basement Features: Drainage System, Egress Windows, Finished, Sump Pump
  • Basement Style: Full, Slab
  • Finished Above Grade Sq Ft: 3029
  • Below Grade Finished Sq Ft: 1150
  • Total Fin Square Footage: 4179

Exterior Features

  • Frontage Road: Private
  • Waterfront Name: Mississippi River
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air, In Floor
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Snow Removal, Trash, Cable/Satellite
  • Shared: Deck, Patio
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 555

Lot Info

  • Estimated Lot Dimensions: 41x135x53x
  • Lot/Land Description: Irregular Lot

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2014
  • Tax Value: 17216

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2014
Closed on
Sep 22, 2014
Sold by
Patterson Shawn and Patterson Elizabeth
Bought by
Shawn E Patterson Living Trust
Seller's Agent
Stephanie Chandler
Edina Realty, Inc.
Buyer's Agent
Barbara Collins
Edina Realty, Inc.
List Price
$1,099,000
Sold Price
$1,025,000
Premium/Discount to List
-$74,000
-6.73%
Current Estimated Value
$1,516,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,174
Avg. Annual Appreciation
3.48%
Original Mortgage
$480,000
Outstanding Balance
$366,409
Interest Rate
4.14%
Estimated Equity
$1,149,765

Purchase Details

Listed on
May 19, 2014
Closed on
Aug 13, 2014
Sold by
Remick John John
Bought by
Patterson Shawn Shawn
Seller's Agent
Stephanie Chandler
Edina Realty, Inc.
Buyer's Agent
Barbara Collins
Edina Realty, Inc.
List Price
$1,099,000
Sold Price
$1,025,000
Premium/Discount to List
-$74,000
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$366,409
Interest Rate
4.14%
Estimated Equity
$1,149,765

Purchase Details

Closed on
Oct 12, 2001
Sold by
Landings Development Corp
Bought by
Remick John D and Remick Mary Ann D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shawn E Patterson Living Trust -- None Available
Patterson Shawn Shawn $1,025,000 --
Remick John D $935,499 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Shawn Shawn $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2014 08/13/14 Sold $1,025,000 -6.7% $245 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $1,099,000 -- $263 / 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
2024 $23,813 $1,398,000 $817,000 $581,000
2023 $19,819 $1,331,000 $817,000 $514,000
2022 $21,047 $1,331,000 $735,000 $596,000
2021 $20,264 $1,331,000 $695,000 $636,000
2020 $19,796 $1,331,000 $326,800 $1,004,200
2019 $18,355 $1,210,000 $326,800 $883,200
2018 $19,128 $1,100,000 $326,800 $773,200
2017 $19,019 $1,104,000 $326,800 $777,200
2016 $17,978 $1,018,500 $326,800 $691,700
2015 $17,398 $946,000 $326,800 $619,200
2014 -- $876,800 $326,800 $550,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Stephanie Chandler

    Edina Realty, Inc.

  • B

    Buyer's Agent in 2014

    Barbara Collins

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4621337

REALTOR® Association of Southern Minnesota

APN: 22-029-24-11-0123

Minnesota Hennepin County Minneapolis 55401 North Loop

520 River St, Minneapolis, MN

Not Listed for Sale

Detached

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