NOT LISTED FOR SALE

Estimated Value: $404,000 - $454,000

4 Beds
3 Baths
2,198 Sq Ft
$195/Sq Ft Est. Value

Last Sold June 26, 2013

Last sale price $150,000 $68 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $2,821/month

96 Days on Market

Highlights

  • 2 Car Detached Garage
  • Patio
  • Coin Laundry

About This Home

As of June 2013

Great Owner Occupancy! In the heart of NE with many great Restaurants on Central along with a great Arts District!

Last Agent to Sell the Property

Rodney Urbanski

Fish MLS Realty Listed on: 02/22/2013

Last Buyer's Agent

Mark Seburg

Fish MLS Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,313

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 40x92
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • 2,198 Sq Ft Home
  • Triplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Basement

  • Partial Basement
  • Basement Window Egress

Additional Features

  • Patio
  • Boiler Heating System

Community Details

  • 3 Units
  • Coin Laundry

Listing and Financial Details

  • Short Sale
  • The owner pays for electric, fuel, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,313

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Triplex
  • Assessment Balance: 1437
  • Assessments: Yes
  • Construction: Previously Owned
  • Potential Short Sale: Yes
  • Projected Closed Date: 07/08/2013
  • Taxes With Assessments: 4750
  • Estimated Number of Acres: 0.08
  • Comp Dev Subdiv Name: Menages Supp East Side Add
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Egress Windows
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2198
  • Total Fin Square Footage: 2198

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Boiler

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned, Patio

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: 40x92

Rental Info

  • Owner Expense: Electric, Fuel, Water/Sewer

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 3

Tax Info

  • Year: 2012
  • Tax Value: 3313

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
Merkens Joel and Merkens Elizabeth
Bought by
County Of Hennepin
Total Days on Market
96
Current Estimated Value
$428,498

Purchase Details

Closed on
May 5, 2020
Sold by
Jones Matthew and Polter Elizabeth Jones
Bought by
Merkens Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2019
Sold by
Madbouly Abeer
Bought by
Jones Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2013
Closed on
Jun 27, 2013
Sold by
Ebersville Nicholas L
Bought by
Madbouly Abeer
Seller's Agent
Rodney Urbanski
Fish MLS Realty
Buyer's Agent
Mark Seburg
Fish MLS Realty
List Price
$199,900
Sold Price
$150,000
Premium/Discount to List
-$49,900
-24.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$94,298
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2005
Sold by
Eggenberg Greg D
Bought by
Ebersviller Nicholas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
6.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 17, 2002
Sold by
Homma Inc
Bought by
Bartus Daniel A

Purchase Details

Closed on
Oct 29, 1997
Sold by
Kalata Joel D and Boese Naomi I
Bought by
Eggenberg Greg D
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 Buyer Sale Price Title Company
County Of Hennepin -- None Listed On Document
Merkens Joel $375,000 Titlenexus Llc
Jones Matthew $300,000 Liberty Title Inc
Madbouly Abeer $123,264 North Title Inc
Ebersviller Nicholas L $255,000 --
Bartus Daniel A $100,000 --
Eggenberg Greg D $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merkens Joel $358,250
Previous Owner Jones Matthew $225,000
Previous Owner Madbouly Abeer $94,298
Previous Owner Ebersviller Nicholas L $178,500
Closed Eggenberg Greg D --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2013 06/26/13 Sold $150,000 -25.0% $68 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $199,900 -- $91 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $4,991 $312,000 $75,000 $237,000
2022 $4,150 $303,000 $69,000 $234,000
2021 $3,329 $308,000 $33,000 $275,000
2020 $3,907 $261,000 $18,200 $242,800
2019 $3,649 $221,000 $12,100 $208,900
2018 $3,320 $201,000 $12,100 $188,900
2017 $2,990 $159,500 $11,000 $148,500
2016 $2,832 $146,500 $11,000 $135,500
2015 $3,105 $153,000 $11,000 $142,000
2014 -- $145,500 $11,000 $134,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4442340

REALTOR® Association of Southern Minnesota

APN: 12-029-24-23-0150