NOT LISTED FOR SALE

8557 Tessman Farm Rd N Minneapolis, MN 55445

Tessman Neighborhood

Estimated Value: $408,887 - $440,000

4 Beds
2 Baths
2,060 Sq Ft
$204/Sq Ft Est. Value

Last Sold January 18, 2013

Last sale price $242,300 $118 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,652/month

29 Days on Market

Highlights

  • New Construction
  • 3 Car Attached Garage
  • Forced Air Heating System

About This Home

As of January 2013

SYRACUSE DESIGN, 4 BD 2 BA, 3 CAR GARAGE, CUSTOM WOODWORK AND WIDE OPEN FLOOR PLAN, GRAND COVERED ENTRY with 2 story foyer. Stainless Steel appliances. This model is SOLD. ok to still show

Last Agent to Sell the Property

Jeffrey Johnson

Real Estate Online LLC Listed on: 11/11/2012

Last Buyer's Agent

Liem Nguyen

Talbot Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,483

Year Built

  • 2012

Parking

  • 3 Car Attached Garage

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Metal Siding

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain

Additional Features

  • Lot Dimensions are 80 x 130
  • Forced Air Heating System

Community Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,483

Year Built

2012

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Construction: Model Home
  • Foundation Size: 1080
  • New Development: Yes
  • Projected Closed Date: 01/18/2013
  • Stories: Bi-Level Split
  • Taxes With Assessments: 675
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 14x13, On Level: Main
  • Room 2: Dining Room, 10x11, On Level: Main
  • Room 3: Family Room, 14x24, On Level: Lower
  • Room 4: Kitchen, 10x9, On Level: Main
  • Room 5: Bedroom, 13x11, On Level: Main
  • Room 6: Bedroom, 11x11, On Level: Main
  • Room 7: 13x11, On Level: Lower
  • Room 8: Bedroom, 11x11, On Level: Lower
  • Room 9: Foyer, 8x6, On Level: Main
  • Basement Features: Drainage System, Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1080
  • Below Grade Finished Sq Ft: 980
  • Total Fin Square Footage: 2060

Exterior Features

  • Exterior: Brick, Metal

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Osseo #279

Lot Info

  • Estimated Lot Dimensions: 80 x 130

Multi Family

  • Total Units Available: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2016
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Shaw Eizu and Janneh Mbalu
Current Estimated Value
$419,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$179,175
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$240,047

Purchase Details

Closed on
Sep 21, 2015
Sold by
Jpmorgan Chase Bank National Association
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Listed on
Nov 11, 2012
Closed on
Jan 16, 2013
Sold by
Rca Builders Incorporated
Bought by
Do Charles N
Seller's Agent
Jeffrey Johnson
Real Estate Online LLC
Buyer's Agent
Liem Nguyen
Talbot Realty
List Price
$234,900
Sold Price
$242,300
Premium/Discount to List
$7,400
3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$237,910
Interest Rate
3.31%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 2012
Sold by
Tessman Century Farm Llc
Bought by
Rca Builders Incorporated

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage
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
Shaw Eizu -- Liberty Title Inc
The Secretary Of Housing & Urban Develop -- Attorney
Do Charles N -- Land Title Inc
Rca Builders Incorporated $55,900 Custom Home Bldrs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Eizu $225,000
Previous Owner Do Charles N $237,910
Previous Owner Rca Builders Incorporated $35,000
Previous Owner Rca Builders Incorporated $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2013 01/18/13 Sold $242,300 +3.2% $118 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
11/11/2012 11/11/12 For Sale $234,900 -- $114 / 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
2024 $5,483 $384,000 $130,000 $254,000
2023 $5,413 $393,100 $130,000 $263,100
2022 $4,152 $384,600 $130,000 $254,600
2021 $3,896 $303,700 $68,000 $235,700
2020 $3,847 $287,400 $68,000 $219,400
2019 $4,094 $270,200 $68,000 $202,200
2018 $4,134 $272,300 $60,000 $212,300
2017 $3,845 $245,000 $60,000 $185,000
2016 $3,534 $224,300 $60,000 $164,300
2015 $3,544 $219,300 $55,000 $164,300
2014 -- $207,300 $50,000 $157,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4416753

REALTOR® Association of Southern Minnesota

APN: 17-119-21-43-0079