NOT LISTED FOR SALE

7387 Memory Ln NE Minneapolis, MN 55432

Estimated Value: $354,000 - $391,000

3 Beds
2.5 Baths
2,100 Sq Ft
$180/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $375,000 $179 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,294/month

1 Day on Market

Highlights

  • Family Room with Fireplace
  • Cul-De-Sac
  • Patio
  • No HOA
  • 2 Car Attached Garage
  • 1-minute walk to Madsen Park

About This Home

As of July 2024

Wonderfully updated home! So many great features, inside and out! Located on a quiet cul de sac. The abundant windows and skylights give this home a bright and open feel! Elegantly updated kitchen, complete with new cabinets, a beautiful tile floor, backsplash, and SS appliances. There's an abundance of cabinet and counter space. This home features gleaming hardwood floors and two new bay windows. The lower level has been beautifully updated! Lovely 3rd Bedroom can also be a home office. The Family Room features a cozy new fireplace. Beautiful walls and ceilings. No detail has been overlooked.
Step into your own private backyard retreat. The raised patio is perfect for gatherings with family and friends. Fenced yard, with a built-in pond. A great level yard for all of your outdoor activities! Close to freeways and light rail stop, for easy access to Downtown and the Airport. Also close to parks, Mississippi River trails, shopping, and restaurants. Make this great home yours!

Last Agent to Sell the Property

Todd Anderson

River Town Realty of MN, INC Listed on: 06/15/2024

Last Buyer's Agent

Zonghlub Yang

Herizon Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,419

Year Built

  • Built in 1965

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 47x180x189x117
  • Cul-De-Sac
  • Property is Fully Fenced
  • Chain Link Fence
  • Irregular Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Melody Manor 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 113024140042

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,419

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 1112
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Living Room
  • Living Area: 2100
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 988
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • Fencing: Chain Link, Full
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 400

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Main Floor Primary Bedroom,Skylight,Tile Floors

Schools

  • Junior High Dist: Spring Lake Park
  • SchoolDistrictNumber: 16
  • SchoolDistrictPhone: 763-786-5570

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 47x180x189x117
  • Lot Size Sq Ft: 14374.8
  • Land Lease: No
  • Lot Features: Irregular Lot, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 113024140042
  • Tax Annual Amount: 3419
  • TaxWithAssessments: 3419.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Jul 3, 2024
Sold by
Ellman Jeffrey and Ellman Mari
Bought by
Lee Andrew and Vang Avilia
Seller's Agent
Todd Anderson
River Town Realty of MN, INC
Buyer's Agent
Zonghlub Yang
Herizon Realty
List Price
$349,900
Sold Price
$375,000
Premium/Discount to List
$25,100
7.17%
Views
11
Current Estimated Value
$377,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,904
Avg. Annual Appreciation
0.66%
Original Mortgage
$375,000
Outstanding Balance
$371,146
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$6,758

Purchase Details

Closed on
Sep 18, 2020
Sold by
Buran John M and Buran Colleen C
Bought by
Ellman Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,900
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2015
Sold by
Florell Catherine A
Bought by
Buran John M and Buran Colleen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,789
Interest Rate
3.25%
Mortgage Type
FHA
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
Lee Andrew $375,000 --
Ellman Jeffrey $284,900 Executive Title
Buran John M $177,000 Network Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Andrew $375,000
Previous Owner Ellman Jeffrey $169,900
Previous Owner Buran John M $173,789
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $375,000 +7.2% $179 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $349,900 -- $167 / 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
2025 $3,589 $346,200 $97,600 $248,600
2024 $3,589 $314,400 $93,600 $220,800
2023 $3,419 $308,400 $83,200 $225,200
2022 $3,315 $308,400 $73,500 $234,900
2021 $3,047 $266,800 $69,200 $197,600
2020 $3,001 $244,200 $60,700 $183,500
2019 $2,884 $232,800 $63,500 $169,300
2018 $2,764 $219,700 $0 $0
2017 $2,518 $203,100 $0 $0
2016 $2,343 $173,100 $0 $0
2015 $2,291 $173,100 $49,100 $124,000
2014 -- $145,000 $38,600 $106,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6554581

NorthstarMLS

APN: 11-30-24-14-0042