NOT LISTED FOR SALE

1095 12th Ave SE Minneapolis, MN 55414

Como Neighborhood

Estimated Value: $363,000 - $415,000

4 Beds
2 Baths
1,453 Sq Ft
$267/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $125,000 $86 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $2,633/month

108 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Landscaped with Trees
  • Wood Flooring
  • Woodwork
  • Coin Laundry

About This Home

As of October 2014

Fantastic investment opportunity close to both U of MN campus', downtown Mpls and public transportation. Both units have tenants in place--upper has rented for over 20 years. Immediate cash flow opportunity!

Last Agent to Sell the Property

Michael Kaslow

Edina Realty, Inc. Listed on: 05/30/2014

Last Buyer's Agent

Josh Pelto

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,993

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,453 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Range
  • Unfinished Basement

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Community Details

  • 2 Units
  • Coin Laundry

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,993

Year Built

Built in 1900

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: 10/17/2014
  • Taxes With Assessments: 2993
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Unfinished
  • Finished Above Grade Sq Ft: 1453
  • Total Fin Square Footage: 1453

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium
  • Estimated Lot Dimensions: 40x125

Rental Info

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

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 6500

Tax Info

  • Year: 2014
  • Tax Value: 2993

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2021
Sold by
Gyaltsen Rigzin
Bought by
The Southeast Property Llc
Current Estimated Value
$387,999

Purchase Details

Closed on
Jul 13, 2021
Sold by
Gutirrez Eric M and Gutirrez Stephanie
Bought by
Gyaltsen Rigzin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2017
Sold by
Gutierrez Peter M and Gutierrez Janice M
Bought by
Gutierrez Eric M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,600
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2014
Closed on
Sep 29, 2014
Sold by
Oka Ikuo and Oka Ivanka Ivka Klarich
Bought by
Gutierrez Eric M and Gutierrez Peter M
Seller's Agent
Michael Kaslow
Edina Realty, Inc.
Buyer's Agent
Josh Pelto
RE/MAX Preferred
List Price
$175,000
Sold Price
$125,000
Premium/Discount to List
-$50,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$87,500
Interest Rate
4.08%
Mortgage Type
New Conventional
Source: Public Records

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
The Southeast Property Llc -- None Available
Gyaltsen Rigzin $366,000 Executive Title
Gutierrez Eric M -- Midland Title
Gutierrez Eric M $125,000 Titlesmart Inc
Gyaltsen Rigzin Rigzin $366,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gyaltsen Rigzin $274,500
Previous Owner Gutierrez Eric M $166,600
Previous Owner Gutierrez Eric M $87,500
Closed Gyaltsen Rigzin Rigzin $258,679
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2014 10/03/14 Sold $125,000 -28.6% $86 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $175,000 -- $120 / 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
2023 $6,223 $389,000 $91,000 $298,000
2022 $3,396 $373,000 $65,000 $308,000
2021 $2,969 $245,000 $60,000 $185,000
2020 $3,218 $222,000 $40,200 $181,800
2019 $3,314 $222,000 $33,000 $189,000
2018 $2,975 $222,000 $33,000 $189,000
2017 $2,895 $188,000 $30,000 $158,000
2016 $2,887 $181,500 $30,000 $151,500
2015 $2,930 $175,500 $30,000 $145,500
2014 -- $167,000 $30,000 $137,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michael Kaslow

    Edina Realty, Inc.

  • J

    Buyer's Agent in 2014

    Josh Pelto

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4626489

REALTOR® Association of Southern Minnesota

APN: 24-029-24-12-0063

Minnesota Hennepin County Minneapolis 55414 Como

1095 12th Ave SE, Minneapolis, MN

This home is located at 1095 12th Ave SE, Minneapolis, MN 55414 since 30 May 2014 and is currently estimated at $387,999, approximately $267 per square foot. This property was built in 1900. 1095 12th Ave SE is a home located in Hennepin County with nearby schools including Pillsbury Elementary School, Northeast Middle School, and Thomas Edison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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