NOT LISTED FOR SALE

7539 Able St NE Minneapolis, MN 55432

Estimated Value: $389,000 - $434,636

4 Beds
1 Bath
1,452 Sq Ft
$278/Sq Ft Est. Value

Last Sold August 01, 2013

Last sale price $169,900 $117 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,246/month

159 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of August 2013

2 bedrooms each side - hardwood floors. Full basements with laundry hook up. Great investment opportunity!! Excellent rental history. Fully leased. Great cash flow potential. Property is in excellent condition.

Last Agent to Sell the Property

James Johnson

The Realty House Listed on: 01/28/2013

Last Buyer's Agent

Peter Aplikowski

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,837

Year Built

  • Built in 1963

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 86x120
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,452 Sq Ft Home
  • Wood Flooring
  • Range
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,837

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Assessment Balance: 48
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 07/30/2013
  • Taxes With Assessments: 2885
  • Estimated Number of Acres: 0.24
  • Comp Dev Subdiv Name: Nagels Wooodlands
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1452
  • Total Fin Square Footage: 1452

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Fiber Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Spring Lake Park #16

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: 86x120

Rental Info

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

Building Info

  • Year Built: 1963

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 5983

Tax Info

  • Year: 2012
  • Tax Value: 2837

MLS Schools

  • School District: Spring Lake Park #16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2015
Sold by
Greater Metropolitan Housing Corporation
Bought by
North Metro Housing Llc
Current Estimated Value
$404,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 28, 2013
Closed on
Aug 1, 2013
Sold by
Olson Robbi J and Olson Jill M
Bought by
Greater Metropolitan Housing Corporation
Seller's Agent
James Johnson
The Realty House
Buyer's Agent
Peter Aplikowski
RE/MAX Results
List Price
$179,900
Sold Price
$169,900
Premium/Discount to List
-$10,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Mar 14, 2011
Sold by
Us Bank Na
Bought by
Olson Robbi J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2003
Sold by
Able Property Management Inc
Bought by
Ali Mir S and Ali Ashrafunisa
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
North Metro Housing Llc -- None Available
Greater Metropolitan Housing Corporation $169,887 Guaranty Title Inc
-- $169,900 --
Olson Robbi J $90,000 --
Ali Mir S $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed North Metro Housing Llc $175,000
Previous Owner Olson Robbi J $67,500
Previous Owner Verner Kelly $217,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2013 08/01/13 Sold $169,900 -5.6% $117 / Sq Ft
07/06/2013 07/06/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $179,900 -- $124 / 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 $173 $448,700 $99,600 $349,100
2024 $173 $418,300 $76,400 $341,900
2023 $173 $383,200 $81,300 $301,900
2022 $173 $379,200 $55,400 $323,800
2021 $173 $316,900 $56,100 $260,800
2020 $53 $293,600 $49,500 $244,100
2019 $53 $279,300 $51,800 $227,500
2018 $53 $248,900 $0 $0
2017 $53 $223,600 $0 $0
2016 $53 $188,900 $0 $0
2015 $3,480 $188,900 $33,200 $155,700
2014 -- $124,800 $26,800 $98,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    James Johnson

    The Realty House

  • P

    Buyer's Agent in 2013

    Peter Aplikowski

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4434752

REALTOR® Association of Southern Minnesota

APN: 12-30-24-22-0022

Minnesota Anoka County Minneapolis 55432

7539 Able St NE, Minneapolis, MN

This home is located at 7539 Able St NE, Minneapolis, MN 55432 since 28 January 2013 and is currently estimated at $404,212, approximately $278 per square foot. This property was built in 1963. 7539 Able St NE is a home located in Anoka County with nearby schools including Park Terrace Elementary School, Westwood Intermediate and Middle School, and Grace Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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