NOT LISTED FOR SALE

Estimated Value: $490,000 - $616,487

5 Beds
3 Baths
4,096 Sq Ft
$135/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $525,000 $128 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,668/month

26 Days on Market

Highlights

  • 1-Story Property
  • Baseboard Heating
  • Coin Laundry

About This Home

As of November 2022

Looking for a single level triplex in great condition in a super location? You have found it! Well maintained Triplex w/ two - 2 bed, 1 bath units and one - 1 bed, 1 bath unit, plus an owners office/studio with kitchen and bath in the basement. Recent work includes new roof 2015. New gutters,soffits & downspouts 2022. New appliances 2022. New floors 2022. New blinds 2022. New entry door 2022. New boiler furnace in 2018. New exterior paint. The 1 bedroom unit is vacant as is one of the 2 bedroom units. This is a great opportunity for an investor or to buy live in one unit and have the others help pay your mortgage.

Last Agent to Sell the Property

Scott MacDougall

LPT Realty, LLC Listed on: 08/23/2022

LPT Realty, LLC

Last Buyer's Agent

Drew Hueler

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,901

Year Built

  • Built in 1967

Lot Details

  • 8,712

Parking

  • 3 Car Garage
  • Common or Shared Parking

Home Design

  • Triplex

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement
  • Basement Storage
  • Basement Window Egress

Additional Features

  • Lot Dimensions are 65x100x65x100
  • Baseboard Heating

Listing and Financial Details

  • The owner pays for electricity, fuel, insurance, taxes, water
  • Assessor Parcel Number 1202924330056

Community Details

Overview

  • 3 Units
  • East Side Add Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,901

Year Built

Built in 1967

Lot Details

0

Parking

3

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Year Built: 1967
  • Above Grade Finished Sq Ft: 2048
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Egress Window(s), Full, Partially Finished, Shared Access, Storage Space
  • Living Area: 4096
  • Fireplace: No
  • Below Grade Finished Sq Ft: 2048
  • Owner Pays: Electricity, Fuel, Insurance, Taxes, Water
  • Basement YN: Yes
  • Appliances: Dishwasher,Microwave,Range
  • Total Rooms: 5
  • Appliances: Dishwasher,Microwave,Range
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Neighborhood: Windom Park

Garage/Parking

  • Parking Features: Detached, Asphalt, Shared Garage/Stall
  • Garage Square Feet: 1024

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Four

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 65x100x65x100
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1202924330056
  • Tax Annual Amount: 7901
  • TaxWithAssessments: 7901.0000

Multi Family

  • Number Of Refrigerators: Four

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Nov 21, 2022
Sold by
Collins Jocelyn Tormis and Collins Gregory M
Bought by
Ne Holdings Llc
Seller's Agent
Scott MacDougall
LPT Realty, LLC
Buyer's Agent
Drew Hueler
Coldwell Banker Realty
List Price
$541,000
Sold Price
$525,000
Premium/Discount to List
-$16,000
-2.96%
Current Estimated Value
$554,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,372
Avg. Annual Appreciation
2.38%
Original Mortgage
$427,500
Outstanding Balance
$253,305
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$306,680

Purchase Details

Closed on
May 30, 2002
Sold by
Sherer Russell S
Bought by
Collins Gregory M
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 Buyer Sale Price Title Company
Ne Holdings Llc $525,000 Burnet Title
Collins Gregory M $245,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ne Holdings Llc $427,500
Previous Owner Collins Gregory M $202,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $525,000 -3.0% $128 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $541,000 0.0% $132 / Sq Ft
08/25/2022 08/25/22 Price Changed $541,000 -- $132 / 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 $7,758 $470,000 $142,000 $328,000
2022 $7,931 $452,000 $139,000 $313,000
2021 $7,887 $452,000 $68,000 $384,000
2020 $7,315 $451,500 $95,100 $356,400
2019 $6,534 $396,000 $63,400 $332,600
2018 $5,950 $360,000 $59,400 $300,600
2017 $5,250 $272,000 $54,000 $218,000
2016 $4,970 $257,000 $54,000 $203,000
2015 $4,535 $223,500 $54,000 $169,500
2014 -- $195,000 $47,700 $147,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6252258

NorthstarMLS

APN: 12-029-24-33-0056