$119,000
SOLD DEC 30, 2013

105 Cypress St S Cambridge, MN 55008

4 Beds
2 Baths
2,272 Sq Ft
0.37 Acres

Recently Sold

$52 Per Sq Ft

15% Below List Price

203 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Corner Lot
  • Landscaped with Trees

About This Home

As of December 2013

Excellent investment property with solid rental history & cash flow. Huge Garage w/20 x 20 insulated & heated workshop adjacent behind. Storage shed. Rent both or live in one & rent the other!

Last Agent to Sell the Property

Katherine Willmert

Century 21 Moline Listed on: 05/13/2013

Last Buyer's Agent

Katherine Willmert

Century 21 Moline Listed on: 05/13/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,120

Year Built

  • Built in 1920

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 78x150
  • Corner Lot
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Flat Roof Shape
  • Asphalt Shingled Roof

Interior Spaces

  • 2,272 Sq Ft Home
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Boiler Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, trash
  • The owner pays for fuel, lawn, snow, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,120

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 12/29/2013
  • Taxes With Assessments: 2120
  • Estimated Number of Acres: 0.37
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2272
  • Total Fin Square Footage: 2272

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Boiler, Forced Air

Schools

  • School District: Cambridge-Isanti #911

Lot Info

  • Lot/Land Description: Corner Lot, Tree Coverage - Medium
  • Estimated Lot Dimensions: 78x150

Rental Info

  • Owner Expense: Fuel, Lawn, Snow, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Trash

Building Info

  • Year Built: 1920

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 5777

Tax Info

  • Year: 2013
  • Tax Value: 2120

MLS Schools

  • School District: Cambridge-Isanti #911

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
Seller's Agent
Katherine Willmert
Century 21 Moline
Buyer's Agent
Katherine Willmert
Century 21 Moline
List Price
$139,950
Sold Price
$119,000
Premium/Discount to List
-$20,950
-14.97%
Current Estimated Value
$231,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,482
Avg. Annual Appreciation
5.80%
Original Mortgage
$89,250
Outstanding Balance
$26,815
Interest Rate
4.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$202,046
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Trustee Deed $119,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $89,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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: 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
2025 -- $237,200 $23,400 $213,800
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: REALTOR® Association of Southern Minnesota

MLS Number: 4476626

REALTOR® Association of Southern Minnesota

APN: 15.055.0060