NOT LISTED FOR SALE

Estimated Value: $459,340 - $563,000

5 Beds
2 Baths
2,412 Sq Ft
$205/Sq Ft Est. Value

Last Sold September 03, 2019

Last sale price $370,000 $153 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,222/month

34 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of September 2019

Perfect turn key opportunity! Updated Up/Down Duplex with high end finishes
and many updates throughout including: Granite countertops, tile flooring,
main floor laundry & stainless appliances. New roof & siding 2016, New windows
2018. Upstairs bonus room & fenced yard. Conveniently located near Arts District of NE Mpls & St. Anthony Main. Oversized 2 car garage + Additional Off-Street parking. Great Investment Opportunity in a highly sought after area!

Last Listed By

John Palomino

Bridge Realty, LLC Listed on: 06/22/2019

Bridge Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,154

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x129

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 2,412 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Mcmillans Add Subdivision

Listing and Financial Details

  • Tenant pays for cable t.v., electric, fuel
  • Assessor Parcel Number 1402924120140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,154

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Outside Features: Metal, Vinyl
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Numberof Ranges: Two
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2412.00
  • Above Grade Finished Area Search: 2412.00
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Garage Area: 426.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 7824
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 2412.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: Northeast
  • Parcel Numbers: 1402924120140
  • Property Sub Type Additional: Duplex Up and Down
  • Refrigerator Number: Two
  • Rental License: Yes
  • Stories Type: One
  • Water Sewer Expenses: 1200.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Partial
  • Fireplace: No
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt Shingles

Garage/Parking

  • Parking Features: Detached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Multi-Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • Assessment Pending: Unknown
  • Lot Size: 40X129
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Size Acres: 0.1200
  • Lot Size Area Units: Square Feet

Rental Info

  • Owner Pays: Insurance, Maintenance/Repair, Taxes, Trash, Water/Sewer
  • Rental License: Standard

Building Info

  • Units Total: 2.00

Tax Info

  • TaxLegalDescription: LOT 003 BLOCK 005 MCMILLANS ADDN TO MPLS
  • Tax Amount: 4154.00
  • Tax Year: 2019
  • Tax With Assessments: 4154.00
  • Assessor Parcel Number: 1402924120140

Multi Family

  • TenantPays: Cable T.V., Electric, Fuel
  • Unit Count: 2
  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2022
Sold by
Chris Kolbe
Bought by
1426 Jefferson Street Ne Llc
Total Days on Market
34
Current Estimated Value
$494,335

Purchase Details

Listed on
Jun 22, 2019
Closed on
Sep 3, 2019
Sold by
Morocho Angel R and Chumi Carmen R Perez
Bought by
Kolbe Chris and Kolbe Sharon Marie
Seller's Agent
John Palomino
Bridge Realty, LLC
List Price
$429,900
Sold Price
$370,000
Premium/Discount to List
-$59,900
-13.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$363,298
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2005
Sold by
Llivichuzhea Elias and Gollaluzo Maria E
Bought by
Morocho Angel R and Tenesaca Carmen R

Purchase Details

Closed on
Aug 23, 2002
Sold by
Diefenbach Charles J and Diefenbach Sharon J
Bought by
Llivichuzhca Elias

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
1426 Jefferson Street Ne Llc $500 None Listed On Document
Kolbe Chris $370,000 Edina Realty Title Inc
Morocho Angel R $255,000 --
Llivichuzhca Elias $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kolbe Christopher Wayne $358,900
Previous Owner Kolbe Chris $363,298
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2019 09/03/19 Sold $370,000 -7.5% $153 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/05/2019 07/05/19 Price Changed $399,900 -7.0% $166 / Sq Ft
06/27/2019 06/27/19 For Sale $429,900 -- $178 / 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 $5,769 $442,000 $138,000 $304,000
2022 $5,138 $395,000 $125,000 $270,000
2021 $4,823 $374,000 $70,000 $304,000
2020 $4,484 $364,500 $50,700 $313,800
2019 $4,154 $317,000 $33,800 $283,200
2018 $3,714 $288,000 $33,800 $254,200
2017 $3,246 $225,500 $30,700 $194,800
2016 $3,106 $211,000 $30,700 $180,300
2015 $2,707 $176,000 $30,700 $145,300
2014 -- $160,000 $28,600 $131,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5252552

NorthstarMLS

APN: 14-029-24-12-0140