NOT LISTED FOR SALE

8 Rustic Lodge E Minneapolis, MN 55419

Tangletown Neighborhood

Estimated Value: $342,000 - $451,000

2 Beds
2 Baths
1,762 Sq Ft
$219/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $265,000 $150 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,449/month

27 Days on Market

Highlights

  • No HOA
  • Home Office
  • Storage Room
  • Burroughs Elementary School Rated A-
  • The kitchen features windows
  • 4-minute walk to Rustic Lodge Center

About This Home

As of December 2023

CUTE TANGLETOWN RANCH! BRAND NEW ROOF - July 2023! Featuring the perfect blend of comfort, character, and convenience. This home has 2 bedrooms, 2 bathrooms, and a range of desirable features: hardwood floors, natural woodwork and new lighting. The layout includes a partially finished basement, complete with an office space and a large storage room, offering versatility and ample room for all your needs. One of the highlights of this property is the potential for adding a third bedroom with an egress window. For those who love to work with their hands or have a passion for DIY projects, the large workshop off the garage will be a delightful bonus. Outside, you'll find an established garden. Located in Tangletown, you'll enjoy the convenience of nearby shops, restaurants, and parks allowing you to explore the local amenities within walking distance. Welcome home.

Last Agent to Sell the Property

Ruth McGrath

Edina Realty, Inc. Listed on: 10/16/2023

Edina Realty, Inc.

Last Buyer's Agent

Nicolas Moreno

National Realty Guild

National Realty Guild

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,179

Year Built

  • Built in 1954

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 134x52
  • Chain Link Fence

Parking

  • 1 Car Garage

Interior Spaces

  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Storage Room
  • Partially Finished Basement
  • Natural lighting in basement

Kitchen

  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Grants Add To Washburn Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1502824130055

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,179

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 1050
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Partially Finished
  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 1762
  • Below Grade Finished Sq Ft: 712
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Bedroom 2, Living Room, Kitchen, Office, Family Room, Laundry, Storage

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Chain Link
  • Other Structures: Additional Garage, Workshop
  • Neighborhood: Tangletown

Garage/Parking

  • Parking Features: Detached, Asphalt, Shared Driveway
  • Garage Square Feet: 218

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Natural Woodwork,Walk-In Closet

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 134x52
  • Lot Size Sq Ft: 6534
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1502824130055
  • Tax Annual Amount: 4179
  • TaxWithAssessments: 4179.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Dec 20, 2023
Sold by
Stavrou Avgi
Bought by
Bergstrom Melanie
Seller's Agent
Ruth McGrath
Edina Realty, Inc.
Buyer's Agent
Nicolas Moreno
National Realty Guild
List Price
$330,000
Sold Price
$265,000
Premium/Discount to List
-$65,000
-19.7%
Views
77
Current Estimated Value
$386,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,525
Avg. Annual Appreciation
23.62%
Original Mortgage
$251,750
Outstanding Balance
$247,571
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$138,954

Purchase Details

Listed on
Oct 16, 2023
Closed on
Dec 18, 2023
Sold by
Stavrou Avgi
Bought by
Bergstrom Melanie
Seller's Agent
Ruth McGrath
Edina Realty, Inc.
Buyer's Agent
Nicolas Moreno
National Realty Guild
List Price
$330,000
Sold Price
$265,000
Premium/Discount to List
-$65,000
-19.7%
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Outstanding Balance
$247,571
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$138,954

Purchase Details

Closed on
May 15, 2018
Sold by
Stavrou Avgi and Stavrou Stavros G
Bought by
Stavrou Avgi
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
Bergstrom Melanie $265,000 --
Bergstrom Melanie $265,000 Gibraltar Title
Stavrou Avgi -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bergstrom Melanie $251,750
Closed Bergstrom Melanie $251,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $265,000 -19.7% $150 / Sq Ft
11/12/2023 11/12/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $330,000 -- $187 / 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
2024 $4,795 $338,000 $186,000 $152,000
2023 $4,633 $360,000 $181,000 $179,000
2022 $4,179 $357,000 $173,000 $184,000
2021 $3,903 $310,000 $183,000 $127,000
2020 $4,228 $300,500 $84,700 $215,800
2019 $3,914 $300,500 $84,700 $215,800
2018 $3,764 $273,000 $84,700 $188,300
2017 $3,527 $242,500 $77,000 $165,500
2016 $3,469 $232,500 $77,000 $155,500
2015 $3,639 $232,500 $77,000 $155,500
2014 -- $210,000 $71,900 $138,100
Source: Public Records

Agents Affiliated with this Home

  • Ruth McGrath

    Seller's Agent in 2023

    Ruth McGrath

    Edina Realty, Inc.

    (952) 994-1254

    2 in this area

    29 Total Sales

    Ruth McGrath
    Section Image

  • N

    Buyer's Agent in 2023

    Nicolas Moreno

    National Realty Guild

    (612) 239-4846

    1 in this area

    12 Total Sales

    Nicolas Moreno
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6448446

NorthstarMLS

APN: 15-028-24-13-0055

Minnesota Hennepin County Minneapolis 55419 Tangletown

8 Rustic Lodge E, Minneapolis, MN

This home is located at 8 Rustic Lodge E, Minneapolis, MN 55419 since 16 October 2023 and is currently estimated at $386,525, approximately $219 per square foot. This property was built in 1954. 8 Rustic Lodge E is a home located in Hennepin County with nearby schools including Burroughs Elementary School, Justice Page Middle School, and Washburn High School.

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