NOT LISTED FOR SALE

Estimated Value: $362,000 - $427,000

4 Beds
2 Baths
2,288 Sq Ft
$172/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $384,000 $168 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,623/month

92 Days on Market

About This Home

As of September 2022

Back on market due to buyer financing. Welcome to this gorgeous 4 bedroom 2 bathroom duplex in Minneapolis! This spacious home features two units, both with 2 bedrooms and 1 bathroom, that also include updated kitchens, each with plenty of cabinet space! An abundance of natural light flows throughout each space through the large windows, highlighting the beautiful woodwork. Both units have two large living spaces that are multipurpose and can be used as an office, dining space or additional entertainment space. This duplex has great potential as a cash flow opportunity by allowing the owner the option to live in one unit and rent out the additional unit, or rent out both units. This duplex can be purchased on it's own, or as a package deal with one or both of the single family homes next door that this seller also has on the market. Their addresses are, 1017 14th Ave SE and 1015 14th Ave SE.

Last Agent to Sell the Property

Jason Huerkamp

Keller Williams Preferred Rlty Listed on: 04/21/2022

Keller Williams Preferred Rlty

Co-Listed By

Ally Chapman

eXp Realty

Last Buyer's Agent

Dean Ahmed

Bridge Realty, LLC

Bridge Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,912

Year Built

  • Built in 1909

Lot Details

  • Lot Dimensions are 40 x 132
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,288 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Hot Water Heating System

Community Details

  • 2 Units
  • Elwells 2Nd Add Subdivision

Listing and Financial Details

  • The owner pays for insurance, repairs, taxes, water
  • Assessor Parcel Number 2402924120138

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,912

Year Built

Built in 1909

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: 1909
  • Above Grade Finished Sq Ft: 2288
  • Water Sewer Expenses: 978
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Living Area: 2288
  • Fireplace: No
  • Owner Pays: Insurance, Repairs, Taxes, Water
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s),Main Floor Primary Bedroom,Tile Floors
  • Appliances: Dryer,Microwave,Range
  • Total Rooms: 7
  • Amenities: Ceiling Fan(s),Main Floor Primary Bedroom,Porch
  • Appliances: Microwave,Range
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • Neighborhood: Como

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 576

Utilities

  • Heating: Hot Water
  • 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: 40 x 132
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 14464.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2402924120138
  • Tax Annual Amount: 5912
  • TaxWithAssessments: 5911.6600

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Sep 16, 2022
Sold by
M2 Properties Llc
Bought by
Ansari Ameer and Ansari Jamal
Seller's Agent
Jason Huerkamp
Keller Williams Preferred Rlty
Buyer's Agent
Dean Ahmed
Bridge Realty, LLC
List Price
$424,000
Sold Price
$384,000
Premium/Discount to List
-$40,000
-9.43%
Total Days on Market
92
Current Estimated Value
$394,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,033
Avg. Annual Appreciation
2.21%
Original Mortgage
$326,400
Outstanding Balance
$313,429
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$94,820

Purchase Details

Listed on
Apr 21, 2022
Closed on
Aug 25, 2022
Sold by
M2 Properties Llc
Bought by
Ansari Ameer and Ansari Jamal
Seller's Agent
Jason Huerkamp
Keller Williams Preferred Rlty
Buyer's Agent
Dean Ahmed
Bridge Realty, LLC
List Price
$424,000
Sold Price
$384,000
Premium/Discount to List
-$40,000
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,400
Outstanding Balance
$313,429
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$94,820
Source: Public Records

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Range of Values:

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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
Ansari Ameer $384,000 --
Ansari Ameer $384,000 Minnesota Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ansari Ameer $326,400
Closed Ansari Ameer $326,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $384,000 0.0% $168 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/21/2022 07/21/22 Off Market $384,000 -- --
07/18/2022 07/18/22 Price Changed $382,000 -9.9% $167 / Sq Ft
06/02/2022 06/02/22 For Sale $424,000 0.0% $185 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $424,000 -- $185 / 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 $5,231 $362,000 $94,000 $268,000
2022 $5,912 $342,000 $67,000 $275,000
2021 $5,628 $348,000 $62,000 $286,000
2020 $6,089 $344,500 $58,800 $285,700
2019 $5,682 $344,500 $39,200 $305,300
2018 $4,905 $313,000 $39,200 $273,800
2017 $4,555 $243,000 $35,600 $207,400
2016 $4,699 $243,000 $35,600 $207,400
2015 $4,931 $243,000 $35,600 $207,400
2014 -- $225,000 $35,600 $189,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6182281

NorthstarMLS

APN: 24-029-24-12-0138