$315,000
SOLD SEP 6, 2024
3 Beds
2 Baths
1,309 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$241 Per Sq Ft

3% Below List Price

33 Days on Market

About This Home

As of September 2024

Introducing 1012 22nd Avenue Northeast in the Windom Park neighborhood of North East Minneapolis. Great investment or owner-occupied opportunity. This duplex features a two bedroom, one bathroom unit on the main floor and a studio apartment on the upper level. The main floor unit boasts a front porch, hardwood floors, full kitchen, updated bathroom, two spacious bedrooms, and available for immediate occupancy. The upper level studio apartment is currently rented and offers a private entrance, generous-sized kitchen, large closet and plenty of natural light. Completing this duplex is a two-car garage and a private patio. Located in a walkable neighborhood surrounded by coffee shops, breweries, grocery, diverse dining, parks and trails. Within two miles to the University of Minnesota.

Last Agent to Sell the Property

Sarah Polovitz

Compass Listed on: 07/12/2024

Compass

Co-Listed By

Al Anderson

Compass

Last Buyer's Agent

Bryon Andrews

BRIX Real Estate

BRIX Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,783

Year Built

  • Built in 1906

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,309 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 38x128
  • Forced Air Heating System

Community Details

  • 2 Units
  • East Side Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for all utilities
  • Assessor Parcel Number 1202924320218

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,783

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1906
  • Above Grade Finished Sq Ft: 1309
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 1309
  • Owner Pays: All Utilities
  • Basement YN: Yes
  • Appliances: Dishwasher,Microwave,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 5
  • Appliances: Range
  • Total Rooms: 5
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • Neighborhood: Windom Park
  • PatioPorchType: Enclosed,Front Porch,Patio

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 480

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 38x128
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 12568.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1202924320218
  • Tax Annual Amount: 4783
  • TaxWithAssessments: 4783.0000

Multi Family

  • TenantPays: Cable TV
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Sep 10, 2024
Sold by
R & A Housing Llc
Bought by
Meier Braeden
Seller's Agent
Sarah Polovitz
Compass
Buyer's Agent
Bryon Andrews
BRIX Real Estate
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Total Days on Market
33
Views
21
Current Estimated Value
$308,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,635
Avg. Annual Appreciation
-2.80%
Original Mortgage
$299,250
Outstanding Balance
$297,426
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$10,939

Purchase Details

Listed on
Jul 12, 2024
Closed on
Sep 6, 2024
Sold by
R & A Housing Llc
Bought by
Meier Braeden
Seller's Agent
Sarah Polovitz
Compass
Buyer's Agent
Bryon Andrews
BRIX Real Estate
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Outstanding Balance
$297,426
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$10,939

Purchase Details

Closed on
Dec 21, 2021
Sold by
Cullen Homes Inc
Bought by
R & A Housing Llc

Purchase Details

Closed on
Nov 6, 2008
Sold by
Us Bank Na
Bought by
Serene Homes Llc

Purchase Details

Closed on
Mar 16, 2006
Sold by
Keaton Erika G
Bought by
Johnson Jacob A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
8.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 2, 1998
Sold by
Torp Arvid
Bought by
Keaton Erica

Purchase Details

Closed on
Jun 13, 1998
Sold by
Bergsagel Irvin E
Bought by
Torp Arvid and Torp Bonnie M

Purchase Details

Closed on
Jul 29, 1993
Sold by
Bergsagel Irvin
Bought by
Torp Arvid and Torp Bonnie M
Source: Public Records

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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 $315,000 Legacy Title
Deed $315,000 --
Warranty Deed $250,000 None Listed On Document
Foreclosure Deed $59,000 --
Warranty Deed $225,000 --
Warranty Deed $81,500 --
Warranty Deed $8,000 --
Deed $8,000 --
Deed $8,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $299,250 New Conventional
Closed $299,250 New Conventional
Previous Owner $202,500 Adjustable Rate Mortgage/ARM
Previous Owner $143,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $315,000 0.0% $241 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
08/08/2024 08/08/24 Off Market $315,000 -- --
07/12/2024 07/12/24 For Sale $325,000 -- $248 / 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
2023 $4,783 $299,000 $113,000 $186,000
2022 $4,502 $299,000 $104,000 $195,000
2021 $3,929 $265,000 $48,000 $217,000
2020 $3,862 $240,500 $54,500 $186,000
2019 $3,603 $218,500 $36,300 $182,200
2018 $3,283 $198,500 $36,300 $162,200
2017 $2,840 $151,500 $33,000 $118,500
2016 $2,736 $141,500 $33,000 $108,500
2015 $2,496 $123,000 $33,000 $90,000
2014 -- $112,000 $27,300 $84,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6559069

NorthstarMLS

APN: 12-029-24-32-0218