NOT LISTED FOR SALE

603 Ballantyne Ln NE Minneapolis, MN 55432

Estimated Value: $342,280 - $397,000

3 Beds
2 Baths
1,805 Sq Ft
$201/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $105,500 $58 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $2,233/month

51 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Landscaped with Trees
  • Wood Flooring
  • Patio
  • Bathroom on Main Level

About This Home

As of October 2012

Great potential with the 1.5 story home located in a great neighborhood. Home is in need of repair but has endless potential to gain some sweat equity. Home features 2 bedrooms on the main level with a master suite on the upper level. Do not miss out.

Last Agent to Sell the Property

Ryan O'Neill

RE/MAX Advantage Plus Listed on: 08/22/2012

Co-Listed By

Zach Skattum

RE/MAX Advantage Plus

Last Buyer's Agent

Danielle DuChemin

City2Lake Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,108

Year Built

  • 1954

Lot Details

  • 10,019 Sq Ft Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 023024130037

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,108

Year Built

1954

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.23
  • Assessment Balance: 36.09
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1000
  • Parcel Number: 023024130037
  • Projected Closed Date: 11/01/2012
  • Taxes With Assessments: 2043
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Dining Room: Informal Dining Room
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Master, Main Floor Full Bath, Private Master
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 17x11, On Level: Main
  • Room 3: Family Room, 20x11, On Level: Lower
  • Room 4: Kitchen, 15x9, On Level: Main
  • Room 5: Bedroom, 19x17, On Level: Upper
  • Room 6: Bedroom, 11x11, On Level: Main
  • Room 7: 11x9, On Level: Main
  • Room 8: Bedroom, 10x9, On Level: Lower
  • Room 9: Workshop, 15x8, On Level: Lower
  • Room 10: Den/Office, 9x8, On Level: Upper
  • Room 11: Family Room, 15x8, On Level: Main
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1465
  • Below Grade Finished Sq Ft: 340
  • Total Fin Square Footage: 1805

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Spring Lake Park #16

Lot Info

  • Estimated Lot Dimensions: S79*131
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2021
Sold by
Schmidt David and Schmidt Jennifer
Bought by
Rassmussen Stuart
Current Estimated Value
$363,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,315
Outstanding Balance
$194,998
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$168,095

Purchase Details

Listed on
Aug 22, 2012
Closed on
Oct 31, 2012
Sold by
Federal National Mortgage Association
Bought by
Schmidt David and Schmidt Jennifer
Seller's Agent
Ryan O'Neill
RE/MAX Advantage Plus
Buyer's Agent
Danielle DuChemin
City2Lake Real Estate
List Price
$82,900
Sold Price
$105,500
Premium/Discount to List
$22,600
27.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Original Mortgage
$139,336
Interest Rate
3.62%
Mortgage Type
FHA
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
Rassmussen Stuart $310,000 Titlesmart Inc
Schmidt David -- Signature Title Midwest Serv
Rassmussen Stuart Stuart $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rassmussen Stuart $300,315
Closed Rassmussen Stuart $300,315
Closed Rassmussen Stuart $300,315
Previous Owner Schmidt Jennifer $202,300
Previous Owner Schmidt David $173,850
Previous Owner Schmidt David $139,336
Previous Owner Trombley Steven J $200,000
Closed Rassmussen Stuart Stuart $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $105,500 +27.3% $58 / Sq Ft
10/12/2012 10/12/12 Pending -- -- --
08/22/2012 08/22/12 For Sale $82,900 -- $46 / 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 $3,108 $280,700 $64,500 $216,200
2024 $3,108 $276,300 $58,600 $217,700
2023 $3,060 $297,600 $70,600 $227,000
2022 $2,937 $295,500 $58,000 $237,500
2021 $2,770 $239,200 $48,300 $190,900
2020 $2,874 $226,800 $51,900 $174,900
2019 $2,649 $221,700 $56,600 $165,100
2018 $2,442 $201,700 $0 $0
2017 $2,401 $178,300 $0 $0
2016 $2,090 $151,300 $0 $0
2015 -- $151,300 $48,200 $103,100
2014 -- $137,800 $47,500 $90,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4390610

REALTOR® Association of Southern Minnesota

APN: 02-30-24-13-0037