NOT LISTED FOR SALE

9620 16th Ave S Bloomington, MN 55425

East Bloomington Neighborhood

Estimated Value: $385,000 - $435,000

5 Beds
2 Baths
2,619 Sq Ft
$156/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $350,000 $134 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,604/month

Highlights

  • Multiple Garages
  • 1 Fireplace
  • 4 Car Attached Garage
  • 23,958 Sq Ft lot
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of February 2023

This home is located at 9620 16th Ave S, Bloomington, MN 55425 since 03 January 2023 and is currently estimated at $408,677, approximately $156 per square foot. This property was built in 1950. 9620 16th Ave S is a home located in Hennepin County with nearby schools including Indian Mounds Elementary School, Valley View Middle School, and Kennedy Senior High School.

Last Agent to Sell the Property

Theodora Velic

eXp Realty Listed on: 01/03/2023

eXp Realty

Co-Listed By

Kelly Brown

eXp Realty

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,275

Year Built

  • Built in 1950

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 239x100

Parking

  • 4 Car Attached Garage
  • Multiple Garages

Home Design

  • Shake Siding

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Iver Nelson Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1402724140045

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,275

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1714
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full
  • Living Area: 2619
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 905
  • Basement YN: Yes
  • SqFtTotal: 2720.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Attached Garage, Detached, Multiple Garages
  • Garage Square Feet: 400

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Bloomington
  • SchoolDistrictNumber: 271
  • SchoolDistrictPhone: 952-681-6400

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 239x100
  • Lot Size Sq Ft: 23958
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1402724140045
  • Tax Annual Amount: 4275
  • TaxWithAssessments: 4275.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Feb 1, 2023
Sold by
Iver L Nelson And Betty Ann Nelson Trus
Bought by
Elrod Marie
Seller's Agent
Theodora Velic
eXp Realty
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$408,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,677
Avg. Annual Appreciation
5.96%
Original Mortgage
$290,389
Outstanding Balance
$282,767
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$122,672

Purchase Details

Listed on
Jan 3, 2023
Closed on
Jan 23, 2023
Sold by
Iver L Nelson And Betty Ann Nelson Trust
Bought by
Elrod Marie
Seller's Agent
Theodora Velic
eXp Realty
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,389
Outstanding Balance
$282,767
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$122,672
Source: Public Records

Range of Values:

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Average Value
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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
Elrod Marie $350,000 --
Elrod Marie $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elrod Marie $290,389
Closed Elrod Marie $280,000
Closed Elrod Marie $10,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $350,000 0.0% $134 / Sq Ft
01/03/2023 01/03/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $350,000 -- $134 / 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
2023 $4,521 $378,500 $139,300 $239,200
2022 $4,275 $372,400 $133,200 $239,200
2021 $3,939 $339,600 $141,900 $197,700
2020 $3,867 $318,000 $138,000 $180,000
2019 $3,180 $304,800 $138,000 $166,800
2018 $3,134 $251,600 $131,600 $120,000
2017 $2,992 $234,300 $122,100 $112,200
2016 $3,184 $236,000 $126,900 $109,100
2015 $3,040 $218,800 $123,100 $95,700
2014 -- $196,500 $119,400 $77,100
Source: Public Records

Agents Affiliated with this Home

  • Theodora Velic

    Seller's Agent in 2023

    Theodora Velic

    eXp Realty

    (763) 276-3973

    4 in this area

    295 Total Sales

    Section Image
  • Kelly Brown

    Seller Co-Listing Agent in 2023

    Kelly Brown

    eXp Realty

    (763) 416-1279

    5 in this area

    1,024 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    NON-RMLS NON-RMLS

    Non-MLS

See All Agents

Map

Source: NorthstarMLS

MLS Number: 6313211

NorthstarMLS

APN: 14-027-24-14-0045

Minnesota Hennepin County Bloomington 55425 East Bloomington

9620 16th Ave S, Bloomington, MN

This home is located at 9620 16th Ave S, Bloomington, MN 55425 since 03 January 2023 and is currently estimated at $408,677, approximately $156 per square foot. This property was built in 1950. 9620 16th Ave S is a home located in Hennepin County with nearby schools including Indian Mounds Elementary School, Valley View Middle School, and Kennedy Senior High School.

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