$175,000
SOLD SEP 6, 2024
5 Beds
2 Baths
2,922 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

12% Below List Price

15 Days on Market

Highlights

  • 1-Story Property
  • Baseboard Heating
  • Partially Fenced Property

About This Home

As of September 2024

Large and ready for a refresh. Handyman/investor special. Approximately 3000+ FSF (County says 3150 FSF) so each unit has good size. Nice built-in in both units. This is a large structure (foundation size 58x28) with an unfinished basement and attic that could dramatically increase finished square footage in each unit for additional revenue. Separate electric (100 AMP each) & gas so tenants pay utilities. Boiler 1 - 1997, Boiler 2 - 2007, both water heaters are 2017. A lot of money making potential for this one, or a perfect owner occupant with the additional size you typically don't find. Don't wait on this one.

Last Agent to Sell the Property

David Meyer

RE/MAX Advantage Plus Listed on: 07/11/2024

RE/MAX Advantage Plus

Co-Listed By

Madalynn Brendon

RE/MAX Advantage Plus

Last Buyer's Agent

Luis Paucar

HomeSmart Sapphire Realty

HomeSmart Sapphire Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,894

Year Built

  • Built in 1921

Lot Details

  • Lot Dimensions are 43x126x43x126
  • Partially Fenced Property
  • Chain Link Fence
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,922 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System
  • 100 Amp Service

Community Details

  • 2 Units
  • Oak Park Add Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 2102924220083

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,894

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1921
  • Above Grade Finished Sq Ft: 2922
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL,Fiber Optic,Satellite
  • FoundationDimensions: 58x28
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete, Unfinished
  • Living Area: 2922
  • Basement YN: Yes
  • Appliances: Dryer,Gas Water Heater
  • Total Rooms: 8
  • Appliances: Gas Water Heater
  • Total Rooms: 9

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: Chain Link, Partial
  • Neighborhood: Near - North

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 400
  • Garage Door Height: 7

Utilities

  • Heating: Baseboard, Boiler, Hot Water, Radiator(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Schools

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

Lot Info

  • Lot Size: 43x126x43x126
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2102924220083
  • Tax Annual Amount: 3894
  • TaxWithAssessments: 3894.1600

Multi Family

  • TenantPays: All Utilities
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Sep 6, 2024
Sold by
Combs Roy
Bought by
Paucar Dana
Seller's Agent
David Meyer
RE/MAX Advantage Plus
Buyer's Agent
Luis Paucar
HomeSmart Sapphire Realty
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%
Views
10
Current Estimated Value
$260,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,947
Avg. Annual Appreciation
56.66%
Original Mortgage
$175,000
Outstanding Balance
$173,463
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$87,484

Purchase Details

Closed on
Apr 6, 2022
Sold by
Jalonda Combs
Bought by
Combs Roy Ann

Purchase Details

Closed on
Sep 17, 2021
Sold by
Combs Roy Ann
Bought by
Combs Roy Ann and Combs Jalonda

Purchase Details

Closed on
Sep 15, 2005
Sold by
Sandahl Cora Mae Hatchett
Bought by
Combs Roy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.04%
Mortgage Type
Undefined Multiple Amounts
Source: Public Records

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Range of Values:

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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
Deed $175,000 --
Warranty Deed $500 None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 New Conventional
Previous Owner $190,000 Undefined Multiple Amounts
Previous Owner $190,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $175,000 -12.5% $60 / Sq Ft
07/27/2024 07/27/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $200,000 +14.3% $68 / Sq Ft
07/12/2024 07/12/24 Off Market $175,000 -- --
07/11/2024 07/11/24 For Sale $200,000 -- $68 / 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 $3,894 $307,000 $16,000 $291,000
2022 $3,160 $256,000 $16,000 $240,000
2021 $2,678 $242,000 $16,000 $226,000
2020 $2,904 $216,000 $12,900 $203,100
2019 $2,681 $216,000 $8,600 $207,400
2018 $2,182 $196,500 $8,600 $187,900
2017 $2,106 $143,500 $7,800 $135,700
2016 $2,003 $133,500 $7,800 $125,700
2015 $1,782 $116,000 $7,800 $108,200
2014 -- $101,000 $7,800 $93,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6546824

NorthstarMLS

APN: 21-029-24-22-0083