NOT LISTED FOR SALE

Estimated Value: $273,000 - $321,000

6 Beds
2 Baths
2,164 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $270,000 $125 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,003/month

5 Days on Market

About This Home

As of May 2023

Great duplex in a quiet neighborhood, just 1/2 block from North High School. Roof and exterior paint new in 2019. Both units updated a few years ago. Long-term tenants that are very low maintenance. Separate utilities and paid by tenants. Both units rented at month-to-month and have opportunity to increase rents to gross over $3,000+ per month in total. Information deemed reliable, but not guaranteed. Buyer and Buyer’s agent to verify all measurements and descriptions. Owners are licensed agents.

Last Agent to Sell the Property

Chris Bjorling

Rize Realty Listed on: 04/15/2023

Co-Listed By

Josh Schrock

Rize Realty

Last Buyer's Agent

Adam Hunt

Fuze Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,431

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 46x155
  • Few Trees

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2,164 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Crepeaus Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for trash collection, water
  • Assessor Parcel Number 1602924340024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,431

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: None
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 2164
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 2164
  • Owner Pays: Trash Collection, Water
  • Basement YN: Yes

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Frame
  • Neighborhood: Near - North

Garage/Parking

  • Parking Features: On-Street Parking Only

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Schools

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

Lot Info

  • Lot Size: 46x155
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 2527.5000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1602924340024
  • Tax Annual Amount: 3431
  • TaxWithAssessments: 3431.0000

Multi Family

  • TenantPays: Electricity, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2023
Closed on
May 11, 2023
Sold by
1406 15Th Llc
Bought by
Pemberton Charles and Hunt Adam
Seller's Agent
Chris Bjorling
Rize Realty
Buyer's Agent
Adam Hunt
Fuze Real Estate
List Price
$265,000
Sold Price
$270,000
Premium/Discount to List
$5,000
1.89%
Views
22
Current Estimated Value
$301,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,831
Avg. Annual Appreciation
4.21%
Original Mortgage
$216,000
Outstanding Balance
$207,871
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$93,960

Purchase Details

Closed on
Oct 30, 2020
Sold by
Justnic Llc
Bought by
1406 15Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 30, 2015
Sold by
Jet Stone Properties Llc
Bought by
Justnic Llc

Purchase Details

Closed on
Oct 31, 2007
Sold by
Saxon Mortgage Services Inc
Bought by
Anderson Lori A and Anderson Karl B

Purchase Details

Closed on
Jul 30, 2004
Sold by
Vue Kor
Bought by
Yang Mee and Vue Xiong

Purchase Details

Closed on
Oct 2, 1998
Sold by
Winter Emmett F
Bought by
Vue Kor and Lee Sai
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pemberton Charles $270,000 All American Title
1406 15Th Llc $235,000 Trademark Title Services Inc
Justnic Llc $118,500 Trademark Title Services Inc
Anderson Lori A $55,000 --
Yang Mee $170,000 --
Vue Kor $54,450 --
-- $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pemberton Charles $216,000
Previous Owner 1406 15Th Llc $188,000
Closed -- $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $270,000 +1.9% $125 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $265,000 -- $122 / 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
2024 $5,216 $286,000 $30,000 $256,000
2023 $4,447 $278,000 $30,000 $248,000
2022 $3,431 $232,000 $18,000 $214,000
2021 $2,744 $202,000 $12,000 $190,000
2020 $2,969 $168,000 $16,100 $151,900
2019 $2,960 $168,000 $10,700 $157,300
2018 $2,347 $152,500 $10,700 $141,800
2017 $2,090 $111,500 $9,700 $101,800
2016 $1,876 $97,000 $9,700 $87,300
2015 $1,714 $84,500 $9,700 $74,800
2014 -- $73,500 $9,700 $63,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6354608

NorthstarMLS

APN: 16-029-24-34-0024