NOT LISTED FOR SALE

56 Arthur Ave SE Minneapolis, MN 55414

Prospect Park Neighborhood

Estimated Value: $480,000 - $597,000

5 Beds
3 Baths
2,489 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 24, 2014

Last sale price $337,500 $136 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,484/month

68 Days on Market

Highlights

  • Property is near public transit
  • Formal Dining Room
  • 2 Car Detached Garage
  • Wood Flooring
  • Fenced Yard
  • 4-minute walk to Tower Hill Park

About This Home

As of June 2014

24 hour notice for showings. Prospect Park 5 bedrm, 3 bath, 2 car garage w/3 extra parking spaces. New roof Aug 1st, 2010. Fenced yd, lg kitchen, formal dining. Walk and bike to U of M/river. Currently rented by U students. Newer foundation

Last Agent to Sell the Property

Steven Gouert

Steve Gouert Real Estate Listed on: 03/31/2014

Last Buyer's Agent

Cory Kellum

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,767

Year Built

  • 1900

Lot Details

  • Fenced Yard
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Woodwork
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Additional Features

  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3002923420006

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,767

Year Built

1900

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Fenced Yard - Full, Patio, Porch
  • Construction: Previously Owned
  • Foundation Size: 1116
  • Parcel Number: 3002923420006
  • Projected Closed Date: 06/20/2014
  • Stories: 2.25 - 2.75 Story
  • Taxes With Assessments: 4996
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 16x17, On Level: Main
  • Room 2: Dining Room, 12x12, On Level: Main
  • Room 3: Family Room, On Level: Lower
  • Room 4: Kitchen, 11x12, On Level: Main
  • Room 5: Bedroom, 11x13, On Level: Upper
  • Room 6: Bedroom, 11x13, On Level: Upper
  • Room 7: 14x9, On Level: Upper
  • Room 8: Bedroom, 11x12, On Level: Lower
  • Room 9: Foyer, 4x7, On Level: Main
  • Room 10: 3 Season Porch, 16x9, On Level: Main
  • Room 11: Utility Room, 12x8, On Level: Lower
  • Room 12: Workshop, 11x15, On Level: Lower
  • Room 13: Bedroom, 12x25, On Level: Lower
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1889
  • Below Grade Finished Sq Ft: 600
  • Total Fin Square Footage: 2489

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 50x111x50x
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2022
Sold by
Laws and Trevor
Bought by
56 Arthur Llc
Current Estimated Value
$533,257

Purchase Details

Listed on
Mar 31, 2014
Closed on
Jun 24, 2014
Sold by
Accola Luke
Bought by
Laws Stephanie and Laws Trevor
Seller's Agent
Steven Gouert
Steve Gouert Real Estate
Buyer's Agent
Cory Kellum
Coldwell Banker Burnet
List Price
$359,900
Sold Price
$337,500
Premium/Discount to List
-$22,400
-6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$270,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2014
Closed on
Jun 18, 2014
Sold by
Accola Harlan J and Accola Brenda L
Bought by
Accola Luke
Seller's Agent
Steven Gouert
Steve Gouert Real Estate
Buyer's Agent
Cory Kellum
Coldwell Banker Burnet
List Price
$359,900
Sold Price
$337,500
Premium/Discount to List
-$22,400
-6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2011
Sold by
Accola Harlan J
Bought by
Accola Luke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,300
Interest Rate
4.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2011
Sold by
Engelhardt David D and Engelhardt Alice M
Bought by
Accola Harlan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,300
Interest Rate
4.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Veldman Heiko and Veldman Mark W
Bought by
Engelhardt David D and Engelhardt Alice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,700
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 1, 1997
Sold by
Carlson Paul Warner and Carlson Deloris Eleanor
Bought by
Veldman Mark W and Veldman Joyce E
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
56 Arthur Llc $500 None Listed On Document
Laws Stephanie $337,500 Burnet Title
Accola Luke $314,282 Burnet Title
Accola Luke $314,281 --
Accola Harlan J $297,000 --
Engelhardt David D $350,900 --
Veldman Mark W $121,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laws Stephanie $257,000
Previous Owner Laws Stephanie $270,000
Previous Owner Accola Harlan J $267,300
Previous Owner Engelhardt David D $280,700
Closed Accola Luke --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2014 06/24/14 Sold $337,500 -6.2% $136 / Sq Ft
06/07/2014 06/07/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $359,900 -- $145 / 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 $6,767 $515,000 $202,000 $313,000
2022 $6,154 $448,000 $139,000 $309,000
2021 $5,544 $444,000 $141,000 $303,000
2020 $6,008 $414,500 $76,100 $338,400
2019 $5,837 $414,500 $76,100 $338,400
2018 $5,438 $391,000 $76,100 $314,900
2017 $5,243 $340,500 $69,200 $271,300
2016 $4,994 $314,000 $69,200 $244,800
2015 $5,243 $314,000 $69,200 $244,800
2014 -- $285,000 $65,800 $219,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Steven Gouert

    Steve Gouert Real Estate

  • C

    Buyer's Agent in 2014

    Cory Kellum

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4596137

REALTOR® Association of Southern Minnesota

APN: 30-029-23-42-0006

Minnesota Hennepin County Minneapolis 55414 Prospect Park

56 Arthur Ave SE, Minneapolis, MN

This home is located at 56 Arthur Ave SE, Minneapolis, MN 55414 since 31 March 2014 and is currently estimated at $544,790, approximately $218 per square foot. This property was built in 1900. 56 Arthur Ave SE is a home located in Hennepin County with nearby schools including Pratt Community School, Northeast Middle School, and Thomas Edison 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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