Sold Homes near 814 E Minnehaha Pkwy

5021 Gladstone Ave, Minneapolis MN 1.04 mi – $525,000 08/15/11 3 1 1,925
4833 11th Ave S, Minneapolis MN 0.26 mi – $353,900 08/10/11 2 1 1,480
5226 10th Ave S, Minneapolis MN 0.29 mi – $350,000 08/24/11 4 1 1,960
5515 12th Ave S, Minneapolis MN 0.67 mi – $403,100 07/11/11 3 1 1,633
5555 11th Ave S, Minneapolis MN 0.73 mi – $343,000 08/19/11 4 1 1,617

jstoesz, the two on 11th and the one on 12th are the only comps to your 2006 “sold comp.” (Properties 2, 4 & 5.) Properties 1 and 3 are larger and thus would command a higher price (and lower ppsf). Not sure what the lot size is around there, but it is clear that whoever paid $520K in 2006 is grossly underwater by now (or has lost a large downpayment on paper, anyway). Be GLAD you didn’t decide to make an offer on it in 2006, when sellers across the country were still in “la-la land.” (Some still are, lol.)

-4833 S. 11th sold for $353,900 on 8/10/11 ($239.12 sf).

-5515 S. 12th sold for $403,100 on 7/11/11 ($247.34 sf).

-5555 S. 11th sold for $353,000 on 8/19/11 ($218.31 sf).

Compare to these SD sold comps:

http://www.sdlookup.com/MLS-100052934-3519_Grim_Ave_San_Diego_CA_92104

NP (narrow street but $238 sf)

http://www.sdlookup.com/MLS-110012882-3047_Marquette_St_San_Diego_CA_92106

Loma Portal mid century (both SFR’s and apts on this st) $238 sf

http://www.sdlookup.com/MLS-110050666-5427_Collier_Ave_San_Diego_CA_92115

El Cerrito cosmetic fixer $225 sf

http://www.sdlookup.com/MLS-110036611-4840_69th_Pl_San_Diego_CA_92115

College corner lot $228 sf (fabulous buy, jstoesz!)

I could go on. No, these are not “tudors” on PL’s finest streets. But they are comparable in price to Minn, MN apples to apples. The charming ‘hoods and walkability that you are looking for are THERE (SANS the frozen screen door 8 mos per yr).

Again, why aren’t you still considering your “beloved” SD, jstoesz?