NOT LISTED FOR SALE

863 Weeks Ave SE Minneapolis, MN 55414

Como Neighborhood

Estimated Value: $252,000 - $415,000

2 Beds
2 Baths
1,344 Sq Ft
$240/Sq Ft Est. Value

Last Sold December 06, 2012

Last sale price $131,450 $98 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $2,223/month

72 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Woodwork

About This Home

As of December 2012

Great U of M property with long term tenants. Perfect for owner occupant or investor.

Last Agent to Sell the Property

Dennis Johnson

Keller Williams Realty Integrity-Edina Listed on: 07/31/2012

Last Buyer's Agent

Jason Jewison

Minnesota Valley Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • Lot Dimensions are 40.00 x 125.00
  • Few Trees

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,344 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range
  • Washer and Dryer Hookup

Additional Features

  • Property is near public transit
  • Gravity Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel, lawn, snow
  • The owner pays for trash, water/sewer
  • Assessor Parcel Number 1902923130055

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Assessment Balance: 206.21
  • Construction: Previously Owned
  • Parcel Number: 1902923130055
  • Projected Closed Date: 11/30/2012
  • Taxes With Assessments: 3693.44
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1344
  • Total Fin Square Footage: 1344

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Utilities

  • Heat: Gravity

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 40.00 X 125.00

Rental Info

  • Owner Expense: Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Fuel, Lawn, Snow

Building Info

  • Year Built: 1958

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 2200

Tax Info

  • Year: 2011
  • Tax Value: 3487

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Grizzly Properties Llc
Bought by
Rosebud Properties Llc
Current Estimated Value
$328,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Outstanding Balance
$121,825
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale
Estimated Equity
$210,772

Purchase Details

Listed on
Jul 31, 2012
Closed on
Jan 17, 2013
Sold by
Spears Thomas W and Kado Spears Brittany
Bought by
Grizzly Properties Llc
Seller's Agent
Dennis Johnson
Keller Williams Realty Integrity-Edina
Buyer's Agent
Jason Jewison
Minnesota Valley Realty
List Price
$150,000
Sold Price
$131,450
Premium/Discount to List
-$18,550
-12.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$201,000
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 31, 2012
Closed on
Dec 6, 2012
Sold by
Johnson Dennis J
Bought by
Spears Thomas W
Seller's Agent
Dennis Johnson
Keller Williams Realty Integrity-Edina
Buyer's Agent
Jason Jewison
Minnesota Valley Realty
List Price
$150,000
Sold Price
$131,450
Premium/Discount to List
-$18,550
-12.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 27, 1999
Sold by
Einess Del H
Bought by
Johnson Dennis J and Johnson Janet C
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
Rosebud Properties Llc $375,000 None Available
Grizzly Properties Llc -- Title Choice Llc
Spears Thomas W -- Regency Title Inc
Johnson Dennis J $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosebud Properties Llc $356,250
Closed Grizzly Properties Llc $1,075,000
Closed Grizzly Properties Llc $201,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2012 12/06/12 Sold $131,450 -12.4% $98 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
07/31/2012 07/31/12 For Sale $150,000 -- $112 / 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
2023 $5,103 $319,000 $68,000 $251,000
2022 $4,926 $319,000 $52,000 $267,000
2021 $4,305 $290,000 $35,000 $255,000
2020 $4,481 $263,500 $38,000 $225,500
2019 $4,183 $253,500 $25,300 $228,200
2018 $3,613 $230,500 $25,300 $205,200
2017 $3,524 $188,000 $23,000 $165,000
2016 $3,635 $188,000 $23,000 $165,000
2015 $3,612 $178,000 $23,000 $155,000
2014 -- $162,000 $23,000 $139,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Dennis Johnson

    Keller Williams Realty Integrity-Edina

  • J

    Buyer's Agent in 2012

    Jason Jewison

    Minnesota Valley Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4382134

REALTOR® Association of Southern Minnesota

APN: 19-029-23-13-0055

Minnesota Hennepin County Minneapolis 55414 Como

863 Weeks Ave SE, Minneapolis, MN

This home is located at 863 Weeks Ave SE, Minneapolis, MN 55414 since 31 July 2012 and is currently estimated at $322,345, approximately $239 per square foot. This property was built in 1958. 863 Weeks Ave SE is a home located in Hennepin County with nearby schools including Pillsbury Elementary School, Northeast Middle School, and Thomas Edison High 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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