R
Seller's Agent in 2023
Rachael Rosen
Redfin Corporation
1021 13th Ave SE Minneapolis, MN 55414
Como NeighborhoodEstimated Value: $376,000 - $401,000
8
Beds
2
Baths
2,320
Sq Ft
$168/Sq Ft
Est. Value
About This Home
As of July 2023Great opportunity for investors! Cash-flowing duplex with a strong rental history located in the prime Como neighborhood bordering Northeast and the University of Minnesota. Convenient to public transportation, parks, campus, and popular restaurants including Blue Door Pub and Boludo. Each unit has four bedrooms and one full bath. The lower unit features in-unit coin-op washer and dryer. The upper unit has dedicated laundry in the basement and a second half bathroom on the top floor. Four off-street parking spots. Both units are tenant occupied with leases through 8/31/23. Kindly be respectful of current tenants; 24 hour notice required for all showings. Property is being sold as-is.
Last Agent to Sell the Property
Rachael Rosen
Redfin Corporation Listed on: 04/04/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,099
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 40x132x40x132
- Few Trees
Parking
- Open Parking
Home Design
- Duplex
Interior Spaces
- 2,320 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 8 Bedrooms
- 2 Bathrooms
Utilities
- Forced Air Heating System
- 100 Amp Service
- Cable TV Available
Community Details
- 2 Units
- Elwells 2Nd Add Subdivision
Listing and Financial Details
- Tenant pays for cable TV, grounds care, snow removal
- The owner pays for electricity, fuel, insurance, repairs, taxes, trash collection, water
- Assessor Parcel Number 2402924120112
Matterport 3D Tours
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2023
Closed on
Jul 7, 2023
Sold by
Rosen Adam and Rosen Rachael
Bought by
Frankenfeld Daniel
Seller's Agent
Rachael Rosen
Redfin Corporation
Buyer's Agent
Brian Frey
Coldwell Banker Realty
List Price
$415,000
Sold Price
$380,000
Premium/Discount to List
-$35,000
-8.43%
Views
174
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,555
Avg. Annual Appreciation
0.99%
Original Mortgage
$373,117
Outstanding Balance
$363,847
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$25,708
Purchase Details
Closed on
Jul 18, 2019
Sold by
Grover Darren and Grover Jill
Bought by
Rosen Adam and Rosen Rachael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,500
Interest Rate
3.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 31, 2015
Sold by
M2 Properties Llc
Bought by
Grover Darren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,830
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 31, 2012
Bought by
Grover Darren Darren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,800
Interest Rate
3.49%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frankenfeld Daniel | $380,000 | -- | |
| Rosen Adam | $362,000 | Titlesmart Inc | |
| Grover Darren | $239,800 | Titlenexus Llc | |
| Grover Darren Darren | $239,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frankenfeld Daniel | $373,117 | |
| Previous Owner | Rosen Adam | $271,500 | |
| Previous Owner | Grover Darren | $203,830 | |
| Previous Owner | Grover Darren Darren | $237,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/07/2023 07/07/23 | Sold | $380,000 | -4.8% | $164 / Sq Ft |
| 05/25/2023 05/25/23 | Pending | -- | -- | -- |
| 05/04/2023 05/04/23 | Price Changed | $399,000 | -3.9% | $172 / Sq Ft |
| 04/07/2023 04/07/23 | For Sale | $415,000 | -- | $179 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,568 | $323,000 | $94,000 | $229,000 |
| 2023 | $5,647 | $353,000 | $94,000 | $259,000 |
| 2022 | $6,099 | $353,000 | $67,000 | $286,000 |
| 2021 | $5,571 | $359,000 | $62,000 | $297,000 |
| 2020 | $6,028 | $341,000 | $57,800 | $283,200 |
| 2019 | $5,706 | $341,000 | $38,500 | $302,500 |
| 2018 | $4,944 | $310,000 | $38,500 | $271,500 |
| 2017 | $4,728 | $241,000 | $35,000 | $206,000 |
| 2016 | $4,661 | $241,000 | $35,000 | $206,000 |
| 2015 | $4,891 | $241,000 | $35,000 | $206,000 |
| 2014 | -- | $219,000 | $35,000 | $184,000 |
Source: Public Records
Agents Affiliated with this Home
-
Rachael Rosen
-
Brian Frey
B
Buyer's Agent in 2023
Brian Frey
Coldwell Banker Burnet
(612) 743-3254
1 in this area
19 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6348556
APN: 24-029-24-12-0112
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