NOT LISTED FOR SALE

Estimated Value: $1,181,568

0.46 Acre
$2,568,626 Price per Acre
20,038 Sq Ft Lot

Last Sold January 13, 2023

Last sale price $950,000

Est. 24% increase in value since last sale

Current estimated payment $9,338/month

251 Days on Market

About This Lot

As of January 2023

This site is being sold with adjacent site (3400 University Ave), see separate listing. Condo development opportunity.

Last Agent to Sell the Property

Julie Kimble

KimbleCo Listed on: 12/16/2021

Property Details

Property Type

  • Land

Lot Details

Community Details

  • No Home Owners Association
  • Prospect Park 1St Div Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3002923410019

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Other
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Paved Streets,Sidewalks
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Abstract

Exterior Features

  • Neighborhood: Prospect Park - East River Road

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Phone Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Storm Sewer Available, Phone Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Topography: Level
  • Lot Size: irregular
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Business/Commercial,Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 3002923410019
  • Tax Annual Amount: 29045
  • TaxWithAssessments: 29228.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2024
Sold by
Bedford Hold Co Llc Llc
Bought by
Dean Bros Properties Llc
Current Estimated Value
$1,181,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,000
Interest Rate
6.77%

Purchase Details

Closed on
Aug 28, 2024
Sold by
Bedford Hold Co Llc
Bought by
Dean Bros Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,000
Interest Rate
6.77%

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 13, 2023
Sold by
Carlson Dennis and Carlson Jane
Bought by
Bedford Hold Co Llc Llc
Seller's Agent
Julie Kimble
KimbleCo
Buyer's Agent
Julie Kimble
KimbleCo
List Price
$1,575,000
Sold Price
$950,000
Premium/Discount to List
-$625,000
-39.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$885,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 4, 2023
Sold by
Carlson Dennis and Carlson Jane
Bought by
Bedford Hold Co Llc
Seller's Agent
Julie Kimble
KimbleCo
Buyer's Agent
Julie Kimble
KimbleCo
List Price
$1,575,000
Sold Price
$950,000
Premium/Discount to List
-$625,000
-39.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$885,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2017
Sold by
Wells Fargo Bank Na
Bought by
Cartson Dennis H and Cartson Jane A
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
Dean Bros Properties Llc $1,152,650 --
Dean Bros Properties Llc $1,152,650 None Listed On Document
Bedford Hold Co Llc Llc $950,000 --
Bedford Hold Co Llc $950,000 --
Cartson Dennis H $232,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dean Bros Properties Llc $480,000
Closed Dean Bros Properties Llc $467,000
Closed Dean Bros Properties Llc $75,000
Closed Dean Bros Properties Llc $677,500
Previous Owner Bedford Hold Co Llc Llc $885,000
Previous Owner Bedford Hold Co Llc $885,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $950,000 -39.7% --
08/09/2022 08/09/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $1,575,000 0.0% --
03/24/2022 03/24/22 Pending -- -- --
12/01/2021 12/01/21 For Sale $1,575,000 -- --
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 $34,800 $1,178,200 $597,400 $580,800
2022 $30,925 $1,052,000 $597,400 $454,600
2021 $29,228 $956,000 $597,400 $358,600
2020 $27,081 $910,500 $597,400 $313,100
2019 $25,310 $798,500 $597,400 $201,100
2018 $23,179 $726,000 $597,400 $128,600
2017 $22,197 $600,000 $597,400 $2,600
2016 $20,677 $545,000 $206,300 $338,700
2015 $20,596 $475,000 $271,900 $203,100
2014 -- $475,000 $251,800 $223,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6135923

NorthstarMLS

APN: 30-029-23-41-0019