NOT LISTED FOR SALE

7509 E River Rd Minneapolis, MN 55432

Estimated Value: $231,000 - $253,704

3 Beds
1 Bath
737 Sq Ft
$324/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $225,000 $305 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,539/month

22 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • 1-Story Property
  • The kitchen features windows
  • Living Room
  • Forced Air Heating System

About This Home

As of May 2024

Welcome to this cozy 3 bedroom, 1 bathroom home with an enormous lot! Very convenient location just 10 minutes from downtown NE Minneapolis yet with a country feel due to the mature trees an and .7 acre lot. Just a couple blocks from the Mississippi river. Very charming right when you first enter the home… Everything from hardwood floors to the amazing dining nook it's easy to fall in love with this one. Updated electrical, carefree stucco exterior and and right on the bus line. Don't miss!

Last Listed By

Karl Scherman

Keller Williams Classic Rlty NW Brokerage Phone: 763-232-6932 Listed on: 02/23/2024

Keller Williams Classic Rlty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,604

Year Built

  • Built in 1947

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 100x300

Parking

  • 1 Car Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

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

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Auditors Sub 77 Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 103024110014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,604

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1947
  • Above Grade Finished Sq Ft: 602
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 763-232-6932
  • Attribution Contact: 763-232-6932
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Egress Window(s), Full
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Living Area: 737
  • Below Grade Finished Sq Ft: 135
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Detached, Garage Door Opener
  • Garage Square Feet: 240
  • Garage Door Height: 10

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Paneled Doors,Porch,Tile Floors

Schools

  • Junior High Dist: Fridley
  • SchoolDistrictNumber: 14
  • SchoolDistrictPhone: 763-502-5001

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 100x300
  • Lot Size Sq Ft: 30492
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 103024110014
  • Tax Annual Amount: 2604
  • TaxWithAssessments: 2752.1400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
May 3, 2024
Sold by
Groupone Llc A Limited Liability Compan
Bought by
Jordan Thomas
Seller's Agent
Karl Scherman
Keller Williams Classic Rlty NW
Buyer's Agent
Michael Boone
Boone Realty LLC
List Price
$225,000
Sold Price
$225,000
Total Days on Market
22
Views
172
Current Estimated Value
$238,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,901
Avg. Annual Appreciation
5.93%
Original Mortgage
$180,000
Outstanding Balance
$178,286
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$60,615

Purchase Details

Closed on
Jan 18, 2022
Sold by
Leinenbach Dustin
Bought by
Kerkau Cohl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2019
Sold by
Norkus-Crampton Timothy Timothy
Bought by
Leinenbach Dustin Dustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,550
Interest Rate
3.68%

Purchase Details

Closed on
May 18, 2009
Sold by
Federal National Mortgage Association
Bought by
Norkus Crampton Tim and Norkus Crampton Lara

Purchase Details

Closed on
May 8, 1998
Sold by
Seely Keith D and Seely Rose M
Bought by
Tyge Jeffrey A and Tyge Vicki S

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
Jordan Thomas $225,000 --
Kerkau Cohl $200,000 --
Leinenbach Dustin Dustin $169,000 --
Norkus Crampton Tim $35,000 --
Tyge Jeffrey A $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Thomas $180,000
Previous Owner Kerkau Cohl $200,000
Previous Owner Leinenbach Dustin Dustin $160,550
Previous Owner Leinenbach Dustin Dustin --
Previous Owner Tyge Jeffrey A $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $225,000 0.0% $305 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/29/2024 03/29/24 Off Market $225,000 -- --
03/14/2024 03/14/24 For Sale $225,000 -- $305 / 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 $2,410 $202,400 $77,200 $125,200
2024 $2,410 $193,200 $73,700 $119,500
2023 $2,752 $180,400 $59,700 $120,700
2022 $2,702 $209,000 $70,200 $138,800
2021 $2,482 $184,000 $72,100 $111,900
2020 $2,395 $167,700 $63,000 $104,700
2019 $2,392 $154,600 $51,600 $103,000
2018 $2,148 $154,500 $0 $0
2017 $1,920 $133,100 $0 $0
2016 $1,876 $111,800 $0 $0
2015 $1,902 $111,800 $42,200 $69,600
2014 -- $99,300 $43,400 $55,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6493350

NorthstarMLS

APN: 10-30-24-11-0014