Kyle, Katie, and I were up near this address on Sunday looking for a pick-up game of Ultimate. We didn’t have any luck finding a game at the park we checked, so we cruised down to Nokomis instead. Who knew you could buy a house for under $10,000 around there?
Citizens of Minneapolis, as of Friday, April 27, you own the condemned house at 2717 Penn Av. N. It needs a new roof, the floors are spongy, the siding partially ripped off and two floors have been partially burned. Fortunately, you didn’t pay much for it. The city bought it for $5,000, Elfric Porte, manager of single family housing for the city’s Community Planning and Economic Development department, told me on Tuesday. The sale price makes it all the more puzzling that the seller, Deutsche Bank, had paid $178,159.65 for it only 11 months earlier at a foreclosure auction.