985 Summit Ave Saint Paul, MN 55105
Summit-University Neighborhood
7
Beds
4.5
Baths
9,540
Sq Ft
0.51
Acres
Highlights
- 22,390 Sq Ft lot
- 4 Fireplaces
- Home Office
- Central Senior High School Rated A-
- No HOA
- Front Porch
About This Home
As of November 2024Welcome to one of Minnesota’s renowned “Painted Ladies”, a meticulously restored Victorian mansion exuding timeless elegance on Summit Avenue. Throughout, ornate woodwork adorns every corner, complementing high ceilings, splendid fireplaces, and spacious rooms that exude opulence. This estate boasts numerous porches, a ballroom, exercise room, and recording studio. Step into the elegantly appointed ballroom, showcasing meticulously crafted African mahogany and intricate Victorian-inspired carvings. With 7 bedrooms and 5 bathrooms, every detail is crafted to perfection. Extensive renovations include updated mechanicals, zoned central air, and a 50-year synthetic shake roof. Additionally, a carriage house with 2 bedrooms and baths, boasting exceptional rental history, enhances the property’s appeal. A 2-car garage adds convenience. Experience the epitome of grandeur and sophistication in this distinguished property.
Last Buyer's Agent
Rachael Rosen
Redfin Corporation
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,534
Year Built
- Built in 1892
Lot Details
- 0.51 Acre Lot
- Lot Dimensions are 80x280
Parking
- 2 Car Garage
Interior Spaces
- 2-Story Property
- 4 Fireplaces
- Entrance Foyer
- Family Room
- Living Room
- Home Office
- Library
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 7 Bedrooms
Outdoor Features
- Front Porch
Utilities
- Forced Air Heating and Cooling System
- Hot Water Heating System
Community Details
- No Home Owners Association
- Summit Park Add To, St Pa Subdivision
Listing and Financial Details
- Assessor Parcel Number 022823230141
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2024
Closed on
Nov 1, 2024
Sold by
Ernst Thomas and Ernst Michele
Bought by
Hillan James and Hillan Sylvia
Seller's Agent
Mike Lynch
Lakes Sotheby's International Realty
Buyer's Agent
Rachael Rosen
Redfin Corporation
List Price
$1,495,000
Sold Price
$1,429,000
Premium/Discount to List
-$66,000
-4.41%
Total Days on Market
158
Views
137
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
$8,893
Avg. Annual Appreciation
1.13%
Original Mortgage
$671,695
Outstanding Balance
$668,375
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$769,518
Purchase Details
Closed on
Dec 3, 2001
Sold by
Johansen William E and Way Susan E
Bought by
Trooien Gerald L and Simmonds Janice
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,429,000 | -- | |
| Deed | $1,400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $671,695 | New Conventional | |
| Previous Owner | $870,000 | New Conventional | |
| Previous Owner | $450,000 | Credit Line Revolving | |
| Previous Owner | $402,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $417,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2024 11/01/24 | Sold | $1,429,000 | +7.5% | $150 / Sq Ft |
| 09/17/2024 09/17/24 | Pending | -- | -- | -- |
| 07/25/2024 07/25/24 | Price Changed | $1,329,000 | -4.7% | $139 / Sq Ft |
| 05/16/2024 05/16/24 | Price Changed | $1,395,000 | -6.7% | $146 / Sq Ft |
| 04/11/2024 04/11/24 | For Sale | $1,495,000 | -- | $157 / Sq Ft |
Source: NorthstarMLS
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 | $28,154 | $1,616,600 | $395,500 | $1,221,100 |
| 2023 | $28,154 | $1,502,300 | $395,500 | $1,106,800 |
| 2022 | $27,860 | $1,450,800 | $395,500 | $1,055,300 |
| 2021 | $25,444 | $1,420,000 | $197,800 | $1,222,200 |
| 2020 | $27,004 | $1,434,600 | $197,800 | $1,236,800 |
| 2019 | $27,686 | $1,413,200 | $395,500 | $1,017,700 |
| 2018 | $27,058 | $1,432,900 | $395,500 | $1,037,400 |
| 2017 | $26,172 | $1,432,900 | $395,500 | $1,037,400 |
| 2016 | $24,426 | $0 | $0 | $0 |
| 2015 | $25,534 | $1,295,500 | $395,500 | $900,000 |
| 2014 | $28,930 | $0 | $0 | $0 |
Source: Public Records
Source: NorthstarMLS
MLS Number: 6516294
APN: 02-28-23-23-0141
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