NOT LISTED FOR SALE

105 Cypress St S Cambridge, MN 55008

Estimated Value: $228,182

4 Beds
2 Baths
2,272 Sq Ft
$100/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $132,000 $58 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,271/month

68 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of July 2016

Looking for some additional income? 2 bedrooms, 1 full bath in each unit plus den or office space. Lower unit has full basement with access to laundry. Large garage that tenants can share, with additional 20x20 insulated workshop adjacent behind. Units are rented so please allow adequate showing notice. Excellent investment opportunity with solid rental history and cash flow!

Last Listed By

Katherine Willmert

Century 21 Moline Realty Inc Listed on: 02/17/2016

Century 21 Moline Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,542

Year Built

  • Built in 1920

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 78x150
  • Chain Link Fence
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape
  • Pitched Roof
  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 2,272 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Boiler Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable t.v., electric, insurance, trash
  • Assessor Parcel Number 150550060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,542

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Outside Features: Metal, Vinyl
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Numberof Ranges: Two
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2272.00
  • Above Grade Finished Area Search: 2272.00
  • Assessment Pending Y N: No
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 10561
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 2272.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 150550060
  • Property Sub Type Additional: Duplex Up and Down
  • Refrigerator Number: Two
  • Rental License: No
  • Water Sewer Expenses: 1175.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete Block, Full

Beds/Baths

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt Shingles, Flat, Pitched
  • Fencing: Chain Link

Garage/Parking

  • Parking Features: Detached Garage, Driveway - Concrete, Garage Door Opener, Insulated Garage
  • ListingUnits_1_UnitTypeOtherParking: 1
  • ListingUnits_2_UnitTypeOtherParking: 1

Utilities

  • Heating: Boiler, Forced Air
  • Sewer: City Sewer/Connected

Schools

  • School District: 911 - Cambridge-Isanti
  • School District Phone: 763-689-6188

Lot Info

  • Zoning: Residential-Multi-Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • Assessment Pending: No
  • Lot Size: 78x150
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Corner Lot, Tree Coverage - Medium
  • Lot Size Acres: 0.3700
  • Lot Size Area Units: Square Feet

Rental Info

  • Owner Pays: Fuel, Insurance, Lawn, Snow, Taxes, Water/Sewer

Building Info

  • Units Total: 2.00

Tax Info

  • TaxLegalDescription: GILES BLOCK 1 LOT 7 & E/2 OF LOT 8 BLK 1
  • Tax Amount: 2542.00
  • Tax Year: 2015
  • Tax With Assessments: 2542.00
  • Assessor Parcel Number: 150550060

Multi Family

  • TenantPays: Cable T.V., Electric, Insurance, Trash
  • Unit Count: 2
  • Above Grade Finished Sq Ft: Square Feet
  • FuelExpense: 1253.00

MLS Schools

  • School District Name: 911 - Cambridge-Isanti

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2013
Closed on
Dec 30, 2013
Sold by
Johnson Harold A and Johnson Mary Ann
Bought by
Pierson Ward D and Reichle Laura L
List Price
$139,950
Sold Price
$119,000
Premium/Discount to List
-$20,950
-14.97%
Total Days on Market
68
Current Estimated Value
$228,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,182
Avg. Annual Appreciation
5.88%
Original Mortgage
$89,250
Outstanding Balance
$27,391
Interest Rate
4.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$200,791

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Pierson Ward D $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierson Ward D $89,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2016 07/08/16 Sold $132,000 -8.9% $58 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $144,950 +21.8% $64 / Sq Ft
12/30/2013 12/30/13 Sold $119,000 -15.0% $52 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $139,950 -- $62 / 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
2024 -- $244,500 $20,500 $224,000
2023 $0 $244,500 $20,500 $224,000
2022 $2,496 $228,200 $20,500 $207,700
2021 $2,496 $182,500 $20,500 $162,000
2020 $2,496 $180,800 $20,500 $160,300
2019 $2,496 $187,100 $0 $0
2018 $0 $0 $0 $0
2016 $2,496 $0 $0 $0
2015 $2,542 $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4679929

NorthstarMLS

APN: 15.055.0060