NOT LISTED FOR SALE

6028 15th Ave S Minneapolis, MN 55417

Diamond Lake Neighborhood

Estimated Value: $331,389 - $416,000

2 Beds
2 Baths
1,288 Sq Ft
$289/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $356,000 $276 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,399/month

3 Days on Market

About This Home

As of August 2023

Side by side duplex located in a great location in South Minneapolis near Lake Nokomis, parks, and Mall of America. Both units feature one bedroom and one full bath, with a thoughtfully designed floor plan. Each unit also has a separate, large basement space with laundry, ample storage space, and separate mechanicals. There is great potential to finish the basement to additional bedrooms or living space, increase cash flow, and build instant equity. The tenants recently moved so both units are move-in-ready - a perfect opportunity for an owner to live in one unit and rent the other, or expand your portfolio with a well-maintained duplex and maximize rents. Minutes away from the airport and in a walkable Diamond Lake area, this home also has great potential as a short term rental. The detached 2-car garage provides an added bonus.

Last Agent to Sell the Property

Samuel Foltz

Roseville Realty Listed on: 07/17/2023

Last Buyer's Agent

Fascil Dubale

Keller Williams Classic Rlty NW

Keller Williams Classic Rlty NW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 50 x 128

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Storage
  • Natural lighting in basement

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Community Details

  • 2 Units
  • Tingdale Bros Portland Way Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2302824430041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,267

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: None
  • Year Built: 1959
  • Above Grade Finished Sq Ft: 1288
  • Water Sewer Expenses: 1860
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight/Lookout Windows, Storage Space, Unfinished
  • Living Area: 1288
  • Basement YN: Yes
  • Amenities: Main Floor Primary Bedroom
  • Appliances: Dryer,Range
  • Total Rooms: 5
  • Amenities: Main Floor Primary Bedroom
  • Appliances: Dryer,Range
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: None
  • Neighborhood: Diamond Lake

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 440

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: One Per Unit

Schools

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

Lot Info

  • Lot Size: 50 x 128
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2302824430041
  • Tax Annual Amount: 2267
  • TaxWithAssessments: 2267.1400

Multi Family

  • Number Of Refrigerators: One Per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Aug 21, 2023
Sold by
Foltz Samuel and Foltz Lydia
Bought by
Assefa Gedion and Demessie Meaza
Seller's Agent
Samuel Foltz
Roseville Realty
Buyer's Agent
Fascil Dubale
Keller Williams Classic Rlty NW
List Price
$337,700
Sold Price
$356,000
Premium/Discount to List
$18,300
5.42%
Views
28
Current Estimated Value
$371,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,597
Avg. Annual Appreciation
2.11%
Original Mortgage
$351,000
Outstanding Balance
$343,684
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$27,913

Purchase Details

Listed on
Jul 17, 2023
Closed on
Aug 17, 2023
Sold by
Foltz Samuel P and Foltz Lydia N
Bought by
Assefa Gedion and Demessie Meaza
Seller's Agent
Samuel Foltz
Roseville Realty
Buyer's Agent
Fascil Dubale
Keller Williams Classic Rlty NW
List Price
$337,700
Sold Price
$356,000
Premium/Discount to List
$18,300
5.42%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Outstanding Balance
$343,684
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$27,913

Purchase Details

Closed on
Dec 3, 2019
Sold by
Wilharm George R and Wilharm George R
Bought by
Foltz Samuel P and Foltz Lydia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,080
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 26, 2015
Sold by
Wilharm George R and Wilharm Joan H
Bought by
George R Wilharm and George Joan
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Assefa Gedion $356,000 --
Assefa Gedion $356,000 Land Title
Foltz Samuel P $270,500 West Title Llc
George R Wilharm -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Assefa Gedion $351,000
Closed Assefa Gedion $267,000
Previous Owner Foltz Samuel P $199,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $356,000 +5.4% $276 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $337,700 -- $262 / 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 $4,678 $293,000 $93,000 $200,000
2022 $4,280 $282,000 $80,000 $202,000
2021 $4,122 $252,000 $52,000 $200,000
2020 $3,242 $252,000 $72,300 $179,700
2019 $3,062 $237,500 $48,200 $189,300
2018 $2,718 $220,000 $48,200 $171,800
2017 $2,498 $180,500 $43,800 $136,700
2016 $2,579 $180,500 $43,800 $136,700
2015 $2,356 $161,000 $43,800 $117,200
2014 -- $161,000 $43,800 $117,200
Source: Public Records

Agents Affiliated with this Home

  • Samuel Foltz

    Seller's Agent in 2023

    Samuel Foltz

    Roseville Realty

    (651) 434-7575

    1 in this area

    115 Total Sales

    Samuel Foltz
    Section Image
  • Fascil Dubale

    Buyer's Agent in 2023

    Fascil Dubale

    Keller Williams Classic Rlty NW

    (612) 978-3940

    1 in this area

    95 Total Sales

    Fascil Dubale
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6399595

NorthstarMLS

APN: 23-028-24-43-0041

Minnesota Hennepin County Minneapolis 55417 Diamond Lake

6028 15th Ave S, Minneapolis, MN

This home is located at 6028 15th Ave S, Minneapolis, MN 55417 since 17 July 2023 and is currently estimated at $371,597, approximately $288 per square foot. This property was built in 1959. 6028 15th Ave S is a home located in Hennepin County with nearby schools including Windom Community School, Anthony Middle School, and Southwest 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.

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