Seller's Agent in 2024
Collins Jones
Coldwell Banker Realty
(612) 703-8463
4 in this area
40 Total Sales
1025 22nd Ave NE Minneapolis, MN 55418
Windom Park NeighborhoodEstimated Value: $405,000 - $575,592
8
Beds
2
Baths
3,017
Sq Ft
$161/Sq Ft
Est. Value
Highlights
- Porch
- Screened Patio
- Forced Air Heating System
About This Home
As of March 2024Exceptional income-producing up-down duplex located on a quiet street in the sought-after Northeast neighborhood of Minneapolis. Just a few blocks from Central Avenue, this property offers convenient walking distance to restaurants, coffee shops, grocery stores, parks, and more. The duplex has recently undergone an extensive remodel.Unit 1 features a new kitchen, bathroom, high-efficiency furnace, and a finished basement. Both units are equipped with central AC, a rarity for duplexes in this area, and refinished hardwood flooring. The main level also includes a beautiful screened-in porch. The spacious one-car garage could easily be converted back into a two-car garage by adding a second garage door. Unit one rent is $2400/month and leased until 9/1/2024. Unit two is leased for $2100/month until 9/1/2024. This duplex is ideal for an owner-occupant, or an investor seeking an income producing property. Be sure to check out the matterport 3D tour.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-703-8463 Listed on: 01/24/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,716
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 40x140
Parking
- 1 Car Garage
Home Design
- Duplex
Interior Spaces
- 2-Story Property
- Finished Basement
- Basement Window Egress
Bedrooms and Bathrooms
- 8 Bedrooms
- 2 Bathrooms
Outdoor Features
- Screened Patio
- Porch
Utilities
- Forced Air Heating System
- 100 Amp Service
Community Details
- 2 Units
- Polk Street Sub Subdivision
Listing and Financial Details
- Tenant pays for cable TV, electricity, fuel, gas, grounds care
- The owner pays for trash collection, water
- Assessor Parcel Number 1202924320109
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2024
Closed on
Mar 8, 2024
Sold by
Collins Companies Llc
Bought by
Fritzscott Jermaine
Seller's Agent
Collins Jones
Coldwell Banker Realty
Buyer's Agent
Thang Holt
RE/MAX Results
List Price
$539,000
Sold Price
$543,000
Premium/Discount to List
$4,000
0.74%
Views
46
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
-$56,602
Avg. Annual Appreciation
-5.16%
Original Mortgage
$515,850
Outstanding Balance
$508,351
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
-$7,613
Purchase Details
Listed on
May 4, 2023
Closed on
May 31, 2023
Sold by
1025 22Nd Avenue Ne Llc
Bought by
Jones Collins
Seller's Agent
Nicole Pomerleau
Realty ONE Group Choice
Buyer's Agent
Collins Jones
Coldwell Banker Realty
List Price
$385,000
Sold Price
$382,500
Premium/Discount to List
-$2,500
-0.65%
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.62%
Original Mortgage
$382,500
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 25, 2015
Sold by
Waage Bruce W
Bought by
1025 22Nd Avenue Llc
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 |
|---|---|---|---|
| Fritzscott Jermaine | $543,000 | -- | |
| Jones Collins | $382,500 | -- | |
| 1025 22Nd Avenue Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fritzscott Jermaine | $515,850 | |
| Previous Owner | Collins Companies Llc | $77,000 | |
| Previous Owner | Jones Collins | $382,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2024 03/08/24 | Sold | $543,000 | +0.7% | $180 / Sq Ft |
| 02/15/2024 02/15/24 | Pending | -- | -- | -- |
| 01/31/2024 01/31/24 | For Sale | $539,000 | +40.9% | $179 / Sq Ft |
| 05/31/2023 05/31/23 | Sold | $382,500 | -0.6% | $168 / Sq Ft |
| 05/08/2023 05/08/23 | Pending | -- | -- | -- |
| 05/04/2023 05/04/23 | For Sale | $385,000 | -- | $169 / 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 |
|---|---|---|---|---|
| 2023 | $5,854 | $366,000 | $121,000 | $245,000 |
| 2022 | $5,793 | $355,000 | $118,000 | $237,000 |
| 2021 | $5,716 | $341,000 | $56,000 | $285,000 |
| 2020 | $5,276 | $328,500 | $66,000 | $262,500 |
| 2019 | $4,928 | $298,500 | $44,000 | $254,500 |
| 2018 | $4,483 | $271,500 | $41,800 | $229,700 |
| 2017 | $3,861 | $206,000 | $38,000 | $168,000 |
| 2016 | $3,665 | $189,500 | $38,000 | $151,500 |
| 2015 | $3,349 | $165,000 | $38,000 | $127,000 |
| 2014 | -- | $148,000 | $36,800 | $111,200 |
Source: Public Records
Agents Affiliated with this Home
-
Collins Jones
-
Thang Holt
Buyer's Agent in 2024
Thang Holt
RE/MAX Results
(612) 453-1500
2 in this area
234 Total Sales
-
Nicole Pomerleau
Seller's Agent in 2023
Nicole Pomerleau
Realty ONE Group Choice
(763) 528-0953
3 in this area
41 Total Sales
-
Drew Hueler
Buyer Co-Listing Agent in 2023
Drew Hueler
Coldwell Banker Realty
(612) 701-3124
6 in this area
316 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6480980
APN: 12-029-24-32-0109
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