NOT LISTED FOR SALE

5854 3rd St NE Minneapolis, MN 55432

Estimated Value: $339,000 - $364,000

3 Beds
2 Baths
1,632 Sq Ft
$214/Sq Ft Est. Value

Last Sold February 09, 2012

Last sale price $126,000 $77 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $2,238/month

96 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Formal Dining Room
  • Bathroom on Main Level
  • Gas Fireplace

About This Home

As of February 2012

Property close to HWY & shops. Need some TLC but huge potential.

Last Agent to Sell the Property

Jama Adam

Medina Realty, Inc Listed on: 07/21/2011

Last Buyer's Agent

Jama Adam

Medina Realty, Inc Listed on: 07/21/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,513

Year Built

  • 1997

Lot Details

  • 10,454 Sq Ft Lot
  • Irregular Lot
  • Few Trees

Home Design

  • Bi-Level Home
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • Gas Fireplace
  • Formal Dining Room
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

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

Listing and Financial Details

  • Short Sale

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,513

Year Built

1997

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Driveway - Asphalt
  • Estimated Number of Acres: 0.24
  • Assessment Balance: 36.09
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1032
  • Potential Short Sale: Yes
  • Projected Closed Date: 02/15/2012
  • Stories: Bi-Level Split
  • Taxes With Assessments: 2338.16
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Dining Room: Combine with Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 15x13, On Level: Main
  • Room 2: Dining Room, 14x11, On Level: Main
  • Room 3: Family Room, 20x20, On Level: Lower
  • Room 4: Kitchen, 10x11, On Level: Main
  • Room 5: Bedroom, 13x13, On Level: Main
  • Room 6: Bedroom, 12x11, On Level: Main
  • Room 7: 13x13, On Level: Lower
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1032
  • Below Grade Finished Sq Ft: 600
  • Total Fin Square Footage: 1632

Exterior Features

  • Frontage Road: City
  • Exterior: Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Fridley #14

Lot Info

  • Estimated Lot Dimensions: E80*130
  • Lot/Land Description: Irregular Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2011
Closed on
Feb 7, 2012
Sold by
Haji Abdulrizak M and Mohamed Ladan
Bought by
Egal Fadumo M
Seller's Agent
Jama Adam
Medina Realty, Inc
Buyer's Agent
Jama Adam
Medina Realty, Inc
List Price
$119,900
Sold Price
$126,000
Premium/Discount to List
$6,100
5.09%
Current Estimated Value
$349,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,930
Avg. Annual Appreciation
7.76%
Original Mortgage
$122,805
Outstanding Balance
$84,053
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$265,877

Purchase Details

Closed on
Jul 25, 2002
Sold by
Combs James W and Orr Lisa M
Bought by
Garness Doreen L

Purchase Details

Closed on
Feb 16, 1998
Sold by
Stahnke Construction Inc
Bought by
Combs Mary L and Combs James W

Purchase Details

Closed on
Sep 25, 1997
Sold by
Link Vaughn P and Link Kathleen A
Bought by
Stahnke Construction Inc
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
Egal Fadumo M $126,000 --
Garness Doreen L $180,000 --
Combs Mary L $118,000 --
Stahnke Construction Inc $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egal Fadumo M $122,805
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2012 02/09/12 Sold $126,000 +5.1% $77 / Sq Ft
10/25/2011 10/25/11 Pending -- -- --
07/21/2011 07/21/11 For Sale $119,900 -- $73 / 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
2025 $4,513 $340,300 $85,600 $254,700
2024 $4,513 $319,000 $76,000 $243,000
2023 $4,129 $328,800 $83,600 $245,200
2022 $4,134 $332,700 $67,000 $265,700
2021 $3,758 $287,800 $60,400 $227,400
2020 $3,871 $260,800 $58,400 $202,400
2019 $3,640 $257,000 $52,700 $204,300
2018 $3,150 $242,700 $0 $0
2017 $3,024 $204,300 $0 $0
2016 $2,685 $170,500 $0 $0
2015 $2,623 $170,500 $34,200 $136,300
2014 -- $152,800 $33,000 $119,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jama Adam

    Medina Realty, Inc

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4063408

REALTOR® Association of Southern Minnesota

APN: 23-30-24-23-0137

Minnesota Anoka County Minneapolis 55432

5854 3rd St NE, Minneapolis, MN

This home is located at 5854 3rd St NE, Minneapolis, MN 55432 since 21 July 2011 and is currently estimated at $349,930, approximately $214 per square foot. This property was built in 1997. 5854 3rd St NE is a home located in Anoka County with nearby schools including Stevenson Elementary School, Fridley Middle School, and Fridley 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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