NOT LISTED FOR SALE

Estimated Value: $597,000 - $788,988

4 Beds
3.5 Baths
3,335 Sq Ft
$202/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $699,900 $210 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,539/month

143 Days on Market

Highlights

  • New Construction
  • No HOA
  • The kitchen features windows
  • Loft
  • Home Office
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

Another Dream Home by Dream Homes Inc.. Open layout with all the desirable amenities on an oversized lot only blocks from Lake Nokomis, restaurants, airport and easy freeway access. Heated floors, hardwood flooring, enameled cabinetry and trim work, custom tile work, 9' ceilings, LED lighting, and unsurpassed attention to detail. Builder financing construction. Come see the Dream Homes difference. Commit today and pick all your finishes for Spring 2022 occupancy. Act fast on this rare opportunity!

Last Listed By

Kaleab Girma

Luke Team Real Estate Listed on: 11/18/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,055

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x128

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Additional Features

  • Air Exchanger
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by DREAM HOMES INC
  • Auditors Sub 368 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1902823240041

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,055

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Door Lever Handles
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 2296
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Full, Concrete, Sump Pump
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room, Stone
  • Living Area: 3335
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1039
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Study, Loft, Laundry, Mud Room
  • SqFtTotal: 3410.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: None
  • CompletionDate: 2022-05-27
  • ConstructionMaterialsDesc: Concrete,Frame
  • Neighborhood: Morris Park

Garage/Parking

  • Parking Features: Detached, Concrete, Electric, Garage Door Opener
  • Garage Square Feet: 484

Utilities

  • Heating: Forced Air, Fireplace(s), Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Center Island,Kitchen Window,Porch,Tile Floors,Vaulted Ceiling(s)

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50X128
  • Lot Size Sq Ft: 6534
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 682128
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 1902823240041
  • Tax Annual Amount: 1055
  • TaxWithAssessments: 1055.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Oct 20, 2022
Sold by
Dream Homes Inc
Bought by
Owens Ryan and Greiner Joseph
Seller's Agent
Kaleab Girma
Luke Team Real Estate
Buyer's Agent
Erik Nordin
Engel & Volkers Minneapolis Downtown
List Price
$699,900
Sold Price
$699,900
Total Days on Market
143
Current Estimated Value
$672,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,653
Avg. Annual Appreciation
-1.55%
Original Mortgage
$457,674
Outstanding Balance
$444,066
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$228,181

Purchase Details

Closed on
Nov 16, 2021
Sold by
Christopher Dale Nelson
Bought by
Dream Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
3.12%
Mortgage Type
Construction

Range of Values:

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Average Value
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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
Owens Ryan $699,900 --
Dream Homes Inc $35,000 Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Ryan $457,674
Previous Owner Dream Homes Inc $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $699,900 0.0% $210 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
11/17/2021 11/17/21 For Sale $699,900 -- $210 / 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 $9,531 $689,000 $127,000 $562,000
2022 $1,392 $110,000 $104,000 $6,000
2021 $1,055 $124,000 $56,000 $68,000
2020 $1,146 $103,500 $55,800 $47,700
2019 $2,865 $103,500 $37,200 $66,300
2018 $909 $92,500 $37,200 $55,300
2017 $723 $72,000 $33,800 $38,200
2016 $749 $72,000 $33,800 $38,200
2015 $2,248 $72,000 $33,800 $38,200
2014 -- $72,000 $35,500 $36,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6128643

NorthstarMLS

APN: 19-028-23-24-0041