8407 Penn Ave S Minneapolis, MN 55431
West Bloomington NeighborhoodEstimated Value: $306,000 - $382,000
3
Beds
2
Baths
1,868
Sq Ft
$191/Sq Ft
Est. Value
Highlights
- Beach Access
- No HOA
- Living Room
- Lake View
- The kitchen features windows
- 1-Story Property
About This Home
As of August 2022Welcome Home to this charming house that gives you access to the city and backyard lake oasis! Don't let the busy road fool you, *gorgeous* views from the maintenance-free deck and privacy on this huge lot! Home features new roof and leaf guard gutters. Plenty of storage throughout and parking pad for two cars. There's space to build a garage if need be.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,098
Year Built
- Built in 1955
Lot Details
- 0.33 Acre Lot
- Lot Dimensions are 80x170
Interior Spaces
- 1-Story Property
- Wood Burning Fireplace
- Family Room with Fireplace
- Living Room
- Lake Views
Kitchen
- Range
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Additional Features
- Beach Access
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Penn Lake Highlands 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0402724330009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2022
Closed on
Aug 5, 2022
Sold by
Waters John and Mahamood Edel
Bought by
Schroeder Jonathan
Seller's Agent
John Pecchia
Welcome Home Productions, LLC
Buyer's Agent
Ashley Ersfeld
Bridge Realty, LLC
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,330
Avg. Annual Appreciation
0.23%
Original Mortgage
$337,250
Outstanding Balance
$325,232
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$32,098
Purchase Details
Listed on
Jun 24, 2022
Closed on
Aug 4, 2022
Sold by
Waters and Edel
Bought by
Schroeder Jonathan
Seller's Agent
John Pecchia
Welcome Home Productions, LLC
Buyer's Agent
Ashley Ersfeld
Bridge Realty, LLC
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Outstanding Balance
$325,232
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$32,098
Purchase Details
Closed on
Aug 3, 2020
Sold by
Munsterman Scott D
Bought by
Waters John R and Mahamood Edel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 21, 2014
Closed on
Jun 13, 2014
Sold by
Northwestern Health Sciences University
Bought by
Munsterman Scott D and Munsterman Mary Jeanne
Seller's Agent
Daniel Friendshuh
Home Finders, Inc.
Buyer's Agent
Daniel Friendshuh
Home Finders, Inc.
List Price
$174,900
Sold Price
$175,900
Premium/Discount to List
$1,000
0.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Purchase Details
Closed on
Dec 30, 2009
Sold by
Bosando Michael A
Bought by
Northwestern Healty Sciences University
Similar Homes in Minneapolis, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schroeder Jonathan | $355,000 | -- | |
| Schroeder Jonathan | $355,000 | None Listed On Document | |
| Waters John R | $285,000 | Edgewater Title Group Llc | |
| Munsterman Scott D | $175,900 | Christensen Title Services L | |
| Northwestern Healty Sciences University | $207,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schroeder Jonathan | $337,250 | |
| Closed | Schroeder Jonathan | $337,250 | |
| Previous Owner | Waters John R | $228,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2022 08/05/22 | Sold | $355,000 | +1.4% | $190 / Sq Ft |
| 06/21/2022 06/21/22 | Pending | -- | -- | -- |
| 06/21/2022 06/21/22 | For Sale | $350,000 | +99.0% | $187 / Sq Ft |
| 06/13/2014 06/13/14 | Sold | $175,900 | +0.6% | $109 / Sq Ft |
| 05/07/2014 05/07/14 | Pending | -- | -- | -- |
| 04/21/2014 04/21/14 | For Sale | $174,900 | -- | $108 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $3,562 | $295,300 | $119,300 | $176,000 |
| 2022 | $3,453 | $294,200 | $121,800 | $172,400 |
| 2021 | $3,098 | $279,200 | $138,800 | $140,400 |
| 2020 | $3,320 | $255,500 | $128,500 | $127,000 |
| 2019 | $2,905 | $253,500 | $128,500 | $125,000 |
| 2018 | $2,801 | $217,500 | $113,100 | $104,400 |
| 2017 | $2,524 | $185,100 | $95,300 | $89,800 |
| 2016 | $2,526 | $175,300 | $92,500 | $82,800 |
| 2015 | $2,474 | $165,000 | $90,100 | $74,900 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Pecchia
Seller's Agent in 2022
John Pecchia
Welcome Home Productions, LLC
(651) 338-1933
4 in this area
167 Total Sales
-
Ashley Ersfeld
A
Buyer's Agent in 2022
Ashley Ersfeld
Bridge Realty, LLC
(651) 247-1211
2 in this area
44 Total Sales
-
D
Seller's Agent in 2014
Daniel Friendshuh
Home Finders, Inc.
-
S
Seller Co-Listing Agent in 2014
Steven Friendshuh
Home Finders, Inc.
Map
Source: NorthstarMLS
MLS Number: 6203637
APN: 04-027-24-33-0009
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