NOT LISTED FOR SALE

717 14th Ave SE Minneapolis, MN 55414

Marcy-Holmes Neighborhood

Estimated Value: $478,000 - $555,000

7 Beds
3 Baths
2,154 Sq Ft
$241/Sq Ft Est. Value

Last Sold December 29, 2014

Last sale price $368,100 $171 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,404/month

162 Days on Market

Highlights

  • Wood Flooring
  • Landscaped with Trees
  • 4-minute walk to Van Cleve Park

About This Home

As of December 2014

Location, Location, Cash Flow! Prime Dinkytown Location. $3,980 Monthly Rents, See Supplements for Financial Proforma. Lots of updates. Buy Adjacent SF home too! 727 14th Ave SE MLS#4504710

Last Agent to Sell the Property

Bret Dryden

Dunn and Brennan Realty Listed on: 07/13/2014

Last Buyer's Agent

Daniel Oberpriller

CPM Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,187

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Irregular Lot
  • Landscaped with Trees

Parking

  • Gravel Driveway

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,154 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Boiler Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for electric, fuel, maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,187

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Stories: 2 Story
  • Estimated Number of Acres: 0.14
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2154
  • Total Fin Square Footage: 2154

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Gravel

Utilities

  • Heat: Boiler

Lot Info

  • Lot/Land Description: Irregular Lot, Tree Coverage - Medium

Rental Info

  • Owner Expense: Electric, Fuel, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Electric

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 16606

Tax Info

  • Year: 2014
  • Tax Value: 5187

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2014
Closed on
Dec 29, 2014
Sold by
Dryden Bret M and Dryden Rosemarie Doege
Bought by
Rooster Wilson Llc
Seller's Agent
Bret Dryden
Dunn and Brennan Realty
Buyer's Agent
Daniel Oberpriller
CPM Property Management
List Price
$420,000
Sold Price
$368,100
Premium/Discount to List
-$51,900
-12.36%
Current Estimated Value
$518,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,569
Avg. Annual Appreciation
3.14%
Original Mortgage
$462,000
Interest Rate
3.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2006
Sold by
Rohwedder Richard
Bought by
Dryden Bret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
5.5%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rooster Wilson Llc $578,000 Fsa Title Services Llc
Dryden Bret M $305,000 Fsa Title Services
Dryden Bret $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rooster Wilson Llc $462,000
Previous Owner Dryden Bret $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2014 12/29/14 Sold $368,100 -12.4% $171 / Sq Ft
12/22/2014 12/22/14 Pending -- -- --
07/13/2014 07/13/14 For Sale $420,000 -- $195 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2024 $8,465 $433,000 $167,000 $266,000
2023 $6,942 $434,000 $167,000 $267,000
2022 $7,118 $411,000 $131,000 $280,000
2021 $5,946 $419,000 $152,000 $267,000
2020 $5,648 $364,000 $69,300 $294,700
2019 $5,799 $319,500 $46,200 $273,300
2018 $5,007 $319,500 $46,200 $273,300
2017 $4,873 $260,000 $42,000 $218,000
2016 $5,028 $260,000 $42,000 $218,000
2015 $5,275 $260,000 $42,000 $218,000
2014 -- $237,500 $40,700 $196,800
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bret Dryden

    Dunn and Brennan Realty

  • D

    Buyer's Agent in 2014

    Daniel Oberpriller

    CPM Property Management

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4647181

REALTOR® Association of Southern Minnesota

APN: 24-029-24-42-0080

Minnesota Hennepin County Minneapolis 55414 Marcy-Holmes

717 14th Ave SE, Minneapolis, MN

Not Listed for Sale

MultiFamily

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