NOT LISTED FOR SALE

7399 Memory Ln NE Minneapolis, MN 55432

Estimated Value: $355,512 - $388,000

3 Beds
2 Baths
2,320 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $165,015 $71 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,263/month

41 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • 2 Car Attached Garage
  • Wood Flooring
  • Fenced Yard
  • 4-minute walk to Madsen Park

About This Home

As of November 2013

Charming rambler in Melody Manor on corner lot has brand new roof, redone attic & insulation, recently finished lower level, hw floors & newer appliances! Large fully fenced private yard has patio & garden shed. Great location near schools & Madsen Park!

Last Agent to Sell the Property

Elizabeth Sibet

Keller Williams Integrity Realty Listed on: 08/15/2013

Last Buyer's Agent

Bruce McAlpin

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,474

Year Built

  • Built in 1970

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 118x76x123
  • Fenced Yard
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 113024140046

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,474

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Fenced Yard - Full, Patio
  • Estimated Number of Acres: 0.22
  • Construction: Previously Owned
  • Foundation Size: 1236
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 113024140046
  • Stories: 1 Story
  • Comp Dev Subdiv Name: Melody Manor
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 23x13, On Level: Main
  • Room 2: 12x10
  • Room 4: Kitchen, 20x9, On Level: Main
  • Room 5: Bedroom, 13x12, On Level: Main
  • Room 6: Bedroom, 12x11, On Level: Main
  • Room 7: 12x10, On Level: Main
  • Room 9: Foyer, 7x6, On Level: Main
  • Room 10: Patio, 15x14, On Level: Main
  • Basement Features: Drainage System, Egress Windows, Sump Pump
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1236
  • Below Grade Finished Sq Ft: 1084
  • Total Fin Square Footage: 2320

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Metal, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 118x76x123
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1970

Tax Info

  • Year: 2013
  • Tax Value: 2474

MLS Schools

  • School District: Spring Lake Park #16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2018
Sold by
Real Assets Llc
Bought by
Zimmerman Timothy J
Current Estimated Value
$372,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$128,355
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$244,023

Purchase Details

Closed on
Nov 8, 2017
Sold by
Ih2 Property Illinois Lp
Bought by
Real Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2016
Sold by
2015-3 Ih2 Borrower Lp
Bought by
Ih2 Property Illinois Lp

Purchase Details

Closed on
Jun 25, 2015
Sold by
Ih2 Property Illinois Lp
Bought by
2015-3 Ih2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,193,950
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 15, 2013
Closed on
Nov 15, 2013
Sold by
Bohl Kevin Kevin
Seller's Agent
Elizabeth Sibet
Keller Williams Integrity Realty
Buyer's Agent
Bruce McAlpin
Edina Realty, Inc.
List Price
$184,900
Sold Price
$165,015
Premium/Discount to List
-$19,885
-10.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%

Purchase Details

Listed on
Aug 15, 2013
Closed on
Nov 14, 2013
Sold by
Bohl Kevin A and Bohl Nina
Bought by
Ih2 Property Illinois Lp
Seller's Agent
Elizabeth Sibet
Keller Williams Integrity Realty
Buyer's Agent
Bruce McAlpin
Edina Realty, Inc.
List Price
$184,900
Sold Price
$165,015
Premium/Discount to List
-$19,885
-10.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zimmerman Timothy J $200,000 Quarrt Title & Closing Llc
Real Assets Llc $3,484 Network Title Inc
Ih2 Property Illinois Lp -- None Available
2015-3 Ih2 Borrower Lp -- Attorney
-- $165,000 --
Ih2 Property Illinois Lp $165,015 Network Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Timothy J $150,000
Previous Owner Real Assets Llc $124,000
Previous Owner 2015-3 Ih2 Borrower Lp $1,193,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2013 11/15/13 Sold $165,015 -10.8% $71 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $184,900 -- $80 / 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 $3,678 $325,600 $88,700 $236,900
2024 $3,678 $321,200 $93,600 $227,600
2023 $3,523 $315,000 $83,200 $231,800
2022 $3,403 $316,900 $73,500 $243,400
2021 $3,180 $273,200 $69,200 $204,000
2020 $3,230 $253,600 $60,700 $192,900
2019 $3,102 $248,300 $63,500 $184,800
2018 $3,209 $234,100 $0 $0
2017 $2,965 $216,600 $0 $0
2016 $2,803 $184,500 $0 $0
2015 $2,704 $184,500 $49,100 $135,400
2014 -- $152,300 $38,600 $113,700
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    Elizabeth Sibet

    Keller Williams Integrity Realty

  • B

    Buyer's Agent in 2013

    Bruce McAlpin

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4522849

REALTOR® Association of Southern Minnesota

APN: 11-30-24-14-0046

Minnesota Anoka County Minneapolis 55432

7399 Memory Ln NE, Minneapolis, MN

Not Listed for Sale

Detached

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