NOT LISTED FOR SALE

Estimated Value: $532,000 - $557,208

3 Beds
2 Baths
2,008 Sq Ft
$269/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $500,000 $249 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,514/month

11 Days on Market

Highlights

  • Deck
  • No HOA
  • Humidifier
  • Armatage Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • Combination Dining and Living Room

About This Home

As of February 2024

Nestled in the sought-after Armatage neighborhood of Southwest Minneapolis, this charming home exudes warmth and character with quintessential 1940s architecture. The handsome shake exterior leads to hardwood floors and abundant natural light through newer windows. Generous bedrooms, including a dynamite upper owner's suite with a full bathroom, provide comfort. The cozy finished lower level features an office space. Conveniently located on a quiet street, just half a block from Armatage Park and a block and a half from the vibrant 54th and Penn intersection with its array of restaurants such as Colita. The backyard deck is perfect for outdoor gatherings, and a large, newer 2.5-car garage adds convenience and storage. Mere blocks from Minnehaha Creek and Lake Harriet, with easy freeway access for commuting, this residence blends timeless charm with modern convenience in a prime Minneapolis location, offering a welcoming retreat. Explore the best of urban living in this delightful home!

Last Agent to Sell the Property

Elias Johnson

Engel & Volkers Minneapolis Downtown Listed on: 01/02/2024

Engel & Volkers Minneapolis Downtown

Last Buyer's Agent

Julian Scott

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,587

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 126x50

Parking

  • 2 Car Garage

Home Design

  • Shake Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Community Details

  • No Home Owners Association
  • South Gate Terrace 1St Div Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2002824110039

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,587

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 1416
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Finished, Full
  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Microwave, Range, Refrigerator
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 2008
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 592
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Deck

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • Neighborhood: Armatage

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 575

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Paneled Doors,Tile Floors

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 126x50
  • Lot Size Sq Ft: 6098.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar, Shake Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2002824110039
  • Tax Annual Amount: 6587
  • TaxWithAssessments: 6587.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Feb 2, 2024
Sold by
Finn Shelley and Finn Brian
Bought by
Galvin Jordan and Hansen Elizabeth
Seller's Agent
Elias Johnson
Engel & Volkers Minneapolis Downtown
Buyer's Agent
Julian Scott
Coldwell Banker Realty
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Views
47
Current Estimated Value
$541,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,052
Avg. Annual Appreciation
3.63%
Original Mortgage
$450,000
Outstanding Balance
$442,924
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$85,711

Purchase Details

Listed on
Jan 2, 2024
Closed on
Jan 26, 2024
Sold by
Finn Brian T and Finn Shelley J
Bought by
Galvin Jordan and Hansen Elizabeth Rose
Seller's Agent
Elias Johnson
Engel & Volkers Minneapolis Downtown
Buyer's Agent
Julian Scott
Coldwell Banker Realty
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$442,924
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$85,711

Purchase Details

Closed on
Nov 29, 2007
Sold by
Gleason James S
Bought by
Finn Shelley J and Finn Brian T

Purchase Details

Closed on
Jun 18, 1996
Sold by
Karsten Patrick S
Bought by
Gleason James S and Strom Alison L
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
Galvin Jordan $500,000 --
Galvin Jordan $500,000 Legacy Title
Finn Shelley J $330,000 --
Gleason James S $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvin Jordan $450,000
Closed Galvin Jordan $450,000
Previous Owner Finn Shelley J $245,000
Previous Owner Finn Shelley J $263,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $500,000 +0.2% $249 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $499,000 -- $249 / 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
2023 $6,786 $517,000 $247,000 $270,000
2022 $6,042 $501,000 $230,000 $271,000
2021 $5,284 $436,000 $164,000 $272,000
2020 $5,723 $396,000 $127,700 $268,300
2019 $5,588 $396,000 $109,900 $286,100
2018 $4,916 $377,000 $109,900 $267,100
2017 $4,920 $326,500 $99,900 $226,600
2016 $5,077 $326,500 $99,900 $226,600
2015 $4,841 $299,500 $99,900 $199,600
2014 -- $260,500 $85,700 $174,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6469073

NorthstarMLS

APN: 20-028-24-11-0039