$75,000
SOLD SEP 23, 2025

101 2nd St NW Morristown, MN 55052

6 Beds
3 Baths
3,200 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$23 Per Sq Ft

25% Below List Price

17 Days on Market

About This Home

As of September 2025

Great opportunity for a handyman or investor! With some work, this triplex could become a strong income-producing property. Situated in the heart of Morristown, each of the three units has its own private entrance. Units #1 and #2 are located on the main floor-one is a 1-bedroom and the other a 2-bedroom-both featuring 3⁄4 bathrooms, access to a shared laundry hookup, and a covered front porch. The upper-level unit offers 3 bedrooms, a full bathroom with in-unit laundry. The property also includes ample parking and a one-car garage. Live in one unit and rent out the others to offset your costs. Water is on a single meter, while gas and electricity are separately metered.

Last Agent to Sell the Property

Kyle Furniss

Edina Realty, Inc. Listed on: 08/20/2025

Edina Realty, Inc.

Last Buyer's Agent

Jose Mendoza

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1856

Parking

  • 1 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Lot Dimensions are 77.5x80
  • Forced Air Heating System

Community Details

  • 3 Units
  • Adams & Allens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2022476075

Property Details

Home Type

Multi-Family

Year Built

Built in 1856

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1856
  • Above Grade Finished Sq Ft: 3200
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Living Area: 3200
  • Basement YN: Yes
  • Appliances: Range
  • Total Rooms: 4
  • Appliances: Range
  • Total Rooms: 4
  • Appliances: Range
  • Total Rooms: 7

Beds/Baths

  • Total Bedrooms: 6

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 377

Utilities

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

Schools

  • Junior High Dist: Waterville-Elysian-Morristown
  • SchoolDistrictNumber: 2143
  • SchoolDistrictPhone: 507-275-3115

Lot Info

  • Lot Size: 77.5x80
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2022476075
  • Tax Annual Amount: 4472
  • TaxWithAssessments: 4606.1600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2025
Closed on
Sep 23, 2025
Sold by
Sigerud Michael and Minervini Carla
Bought by
Gonzalez-Bentanco Jansen A
Seller's Agent
Kyle Furniss
Edina Realty, Inc.
Buyer's Agent
Jose Mendoza
Edina Realty, Inc.
List Price
$100,000
Sold Price
$75,000
Premium/Discount to List
-$25,000
-25%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
319242176.27%
Original Mortgage
$75,000
Outstanding Balance
$75,000
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving
Estimated Equity
$109,208

Purchase Details

Closed on
Nov 30, 2009
Sold by
Aurora Loan Services Llc
Bought by
Minervini Carla
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $75,000 Edina Realty Title
Foreclosure Deed $22,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2025 09/23/25 Sold $75,000 -25.0% $23 / Sq Ft
09/08/2025 09/08/25 Pending -- -- --
08/22/2025 08/22/25 For Sale $100,000 -- $31 / 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
2025 $4,472 $188,100 $35,400 $152,700
2024 $4,472 $159,000 $33,900 $125,100
2023 $4,856 $159,000 $33,900 $125,100
2022 $1,734 $140,400 $28,300 $112,100
2021 $2,066 $127,300 $22,600 $104,700
2020 $2,112 $126,800 $22,600 $104,200
2019 $1,996 $126,300 $22,600 $103,700
2018 $1,712 $115,200 $22,600 $92,600
2017 $1,620 $101,800 $22,600 $79,200
2016 $1,914 $96,100 $22,600 $73,500
2015 $1,602 $90,300 $22,600 $67,700
2014 -- $88,000 $22,600 $65,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6775933

NorthstarMLS

APN: 20.22.4.76.075