$689,999 Price Analysis    ♡   Minneapolis, MN 55407 8 bed 4 bath 4,372 SqFt ($157/SqFt) 6,534SqFt lot. Built 1925 Listed 2024-07-24, Taxes $11,091 | Ⓧ USDA Ineligible due to location near Minneapolis |
Ericksons' 1925 Phelps Park Craftsman: a Quadruple Boxcar overlooking Phelps Park: four craftsman era apartments with immense intact originality: dining room built-in hutches
* Sale Pending *Original ice boxes, oak and birch inset panel doors throughout, all original hardware and knobs, period correct lighting throughout building on dimmers. All 4 kitchens have restored birch shaker cabi netry, dishwashers, farm sinks and tremendous space and storage much more cook friendly than typical apartments. Euro spec appliances throughout, bathrooms with ceramic tile and fans in each.
Units have long 25' hallways and live like a bungalow with 1100 feet per unit. See home highlights for major updates including new Anderson Windows throughout, closed cell fom roof, updated electrical and plumbing. Building has a great energy and would make a wonderful owner occupant four-plex. Lower unit is easy to show, available due to 1031 exchange. Multiple offers, Please adjust showing schedule to view prior to end of business Monday, sellers will be reviewing offers Monday evening
Presented by Steven Imhoff at
Rare Form Properties.
Property MLS #6573702 from NorthstarMLS
Heating Fuel: Natural Gas
Stucco
Fencing: Partial, Wood
Road Frontage Type: City
Road Responsibility: Public Maintained Road
Lot Description: Public Transit (w/in 6 blks), Tree Coverage - Medium
Lot Size Acres: 0.15
Lot Size Dimensions: 53x122
Topography: Level, Walkout
Lot Size Square Feet: 6534
Parking Features: Assigned, Attached Garage, Driveway - Asphalt, Garage Door Opener, Multiple Garages, Paved Lot, Tuckunder Garage
Garage Dimensions: 19 x 36
Garage Sqft: 684
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directions Map directionsSource Listing Status: Pending
County: Hennepin
Directions: Chicago Ave North to 3927-9, phelps park facing, parking in rear as well.
Tax Year: 2023
Source Property Type: Multi-Family
Insurance Expense: 2700.00
Source Neighborhood: Bancroft
Owner Pays: Insurance, Maintenance/Repair, Sewer, Taxes, Trash, Water
Parcel Number: 1102824210129
Subdivision: Chicago Ave Park
Trash Expense: 2400.00
Zoning: Residential-Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $562,000 + $91,000 $653,000 | $11,091 |
| 2021 | $575,000 + $78,000 $653,000 | $10,680 |
| 2020 | $515,500 + $78,000 $593,500 | $10,496 |
| 2019 | $482,800 + $47,200 $530,000 | $9,623 |
| 2018 | $401,800 + $47,200 $449,000 | $8,235 |
| 2017 | $358,100 + $42,900 $401,000 | $7,514 |
| 2016 | $337,100 + $42,900 $380,000 | $7,337 |
| 2015 | $unknown + $unknown $302,188 | $5,927 |
| 2014 | $unknown + $unknown $260,590 | $5,793 |
| 2013 | $unknown + $unknown $239,023 | $5,380 |
| 2012 | $unknown + $unknown $269,324 | $5,856 |
| 2011 | $249,900 + $48,600 $298,500 | $5,443 |
| 2010 | $290,400 + $48,600 $339,000 | $5,411 |
| 2009 | $327,900 + $48,600 $376,500 | $6,268 |
| 2008 | $327,900 + $48,600 $376,500 | $5,485 |
| 2007 | $358,600 + $37,400 $396,000 | $5,948 |
$689,999
NorthstarMLS
Sold 2014-08-20
$390,400
NorthstarMLS
Listed 2014-05-27
$375,000
NorthstarMLS
Above Grade Finished Area: 4372
Construction Materials: Block, Brick, Concrete, Timber/Post & Beam
Foundation Area: 2186.00
Property Age: 99
Property Condition: Previously Owned
Roof: Flat
Levels or Stories: 2
Total Above Grade Sqft Area: 4372.00
Total Area Main: 2186.00
Sewer: City Sewer/Connected
Water Sewer Expense: 2400.00
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.