NOT LISTED FOR SALE

Estimated Value: $190,000 - $217,245

5 Beds
3 Baths
1,856 Sq Ft
$111/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $170,000 $92 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,332/month

34 Days on Market

About This Home

As of July 2023

ATTENTION INVESTORS: Fully Occupied Duplex For Sale in Overall Good Condition. 3BR, 2Bath unit rents for $1250 a month and 2BR, 1Bath unit rents for $950 a month. Owner pays all utilities averaging $477 a month. Property has an oversized two stall garage with a dividing wall for a private stall for each tenant. Great location close to down town, shopping and entertainment. Nice large lot your tenants will appreciate and plenty of off street parking. This is a great investment opportunity!!

Last Agent to Sell the Property

Matt Imdieke

Central MN Realty LLC Listed on: 05/21/2023

Central MN Realty LLC

Co-Listed By

Megan Euteneuer

Central MN Realty LLC

Last Buyer's Agent

Monte Hight

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,948

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 79x126
  • Few Trees

Parking

  • 2 Car Garage

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Basement

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

Additional Features

  • Porch
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, grounds care
  • The owner pays for electricity, fuel, gas, insurance, repairs, taxes, water
  • Assessor Parcel Number 82514630000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,948

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Other
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 1600
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Egress Window(s), Full
  • Living Area: 1856
  • Below Grade Finished Sq Ft: 256
  • Owner Pays: Electricity, Fuel, Gas, Insurance, Repairs, Taxes, Water
  • Basement YN: Yes
  • Amenities: Porch
  • Appliances: Dryer,Range
  • Appliances: Range

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • PatioPorchType: Porch

Garage/Parking

  • Parking Features: Detached
  • Other Parking Spaces: 2

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: St. Cloud
  • SchoolDistrictPhone: 320-253-9333

Lot Info

  • Lot Size: 79x126
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 2

Rental Info

  • Expenses: 5724.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 82514630000
  • Tax Annual Amount: 2948
  • TaxWithAssessments: 2962.0000

Multi Family

  • TenantPays: Cable TV, Grounds Care
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2023
Closed on
Jul 31, 2023
Sold by
Marthaler Eric and Marthaler Kayla
Bought by
St Charles Rentals Llc
Seller's Agent
Matt Imdieke
Central MN Realty LLC
Buyer's Agent
Monte Hight
Coldwell Banker Realty
List Price
$169,900
Sold Price
$170,000
Premium/Discount to List
$100
0.06%
Views
157
Current Estimated Value
$206,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,061
Avg. Annual Appreciation
8.17%
Original Mortgage
$167,000
Outstanding Balance
$163,109
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$42,952

Purchase Details

Closed on
Aug 9, 2017
Sold by
Olson Troy and Olson Peggy
Bought by
Marthaler Eric and Marthaler Kayla
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
St Charles Rentals Llc $170,000 --
Marthaler Eric $114,000 Ancona Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open St Charles Rentals Llc $167,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $170,000 +0.1% $92 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $169,900 -- $92 / 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
2025 $3,058 $209,300 $30,000 $179,300
2024 $3,010 $185,900 $30,000 $155,900
2023 $3,010 $185,900 $30,000 $155,900
2022 $2,318 $131,000 $30,000 $101,000
2021 $2,250 $131,000 $30,000 $101,000
2020 $2,318 $127,100 $30,000 $97,100
2019 $2,162 $127,100 $30,000 $97,100
2018 $2,012 $107,300 $30,000 $77,300
2017 $1,956 $97,000 $30,000 $67,000
2016 $1,772 $0 $0 $0
2015 $1,812 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6374181

NorthstarMLS

APN: 82.51463.0000