NOT LISTED FOR SALE

Estimated Value: $574,000 - $690,000

5 Beds
4 Baths
3,306 Sq Ft
$189/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $525,000 $159 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,998/month

140 Days on Market

Highlights

  • Fireplace
  • Property is Fully Fenced
  • 2-minute walk to Windom South Park
  • Hot Water Heating System

About This Home

As of September 2022

If you are looking for an owner-occupant rental property or a turn-key investment you've found the one! Huge multi-level addition with incredible windows was added to this property which the owner designed and lived in. Amazing main bedroom with wall of windows overlooking rear yard, big closets, and ensuite bath. Tremendous separation of space with 2 one-bedroom units on the second floor and an expansive "three-level split" main level unit with 3 bedrooms, two baths, a fireplace, an office loft area, and a full unfinished basement separate from the original basement. This property has one of the largest and most pristine fully fenced lots in South MPLS and could potentially be built out while maintaining great space. Bring your dreams to this lot! Amazing rear patio, wrap-around porch, upper-level balcony, 6 car off-street parking, and maintenance-free exterior make this well-maintained property a joy for its occupants. A must-see to fully appreciate.

Last Agent to Sell the Property

Shane Montoya

Coldwell Banker Realty Listed on: 04/14/2022

Coldwell Banker Realty

Co-Listed By

Paul Olson

Lakes Area Realty

Last Buyer's Agent

Randy Cernohous

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,415

Year Built

  • Built in 1864

Lot Details

  • Lot Dimensions are 52 x 200
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Triplex

Interior Spaces

  • 3,306 Sq Ft Home
  • 2-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2202824310052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,415

Year Built

Built in 1864

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Deck
  • Year Built: 1864
  • Above Grade Finished Sq Ft: 3306
  • Water Sewer Expenses: 1
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished, Walkout
  • Living Area: 3306
  • Fireplace: Yes
  • Basement YN: Yes
  • Amenities: Deck
  • Total Rooms: 4
  • Total Rooms: 4
  • Amenities: Patio,Porch,Tile Floors
  • Appliances: Dishwasher,Microwave,Range
  • Number Of Fireplaces: 1
  • Total Rooms: 12
  • FamilyRoomRoomFeatures: Family Room

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Fencing: Full, Privacy, Wood
  • Neighborhood: Windom

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener, Other
  • Garage Square Feet: 600
  • Other Parking Spaces: 2
  • Other Parking Spaces: 2
  • Other Parking Spaces: 2

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Three

Schools

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

Lot Info

  • Lot Size: 52 X 200
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Medium
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 3

Rental Info

  • Expenses: 1.0000

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 2202824310052
  • Tax Annual Amount: 8415
  • TaxWithAssessments: 8415.0000

Multi Family

  • ElectricExpense: 1
  • FuelExpense: 1
  • Resident Manager Expense: 1
  • Number Of Refrigerators: Three

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Sep 30, 2022
Sold by
Radtke Douglas G
Bought by
Ahmad Sabina and Kraft Karl
Seller's Agent
Shane Montoya
Coldwell Banker Realty
Buyer's Agent
Randy Cernohous
Edina Realty, Inc.
List Price
$599,900
Sold Price
$525,000
Premium/Discount to List
-$74,900
-12.49%
Current Estimated Value
$625,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,633
Avg. Annual Appreciation
6.21%
Original Mortgage
$393,750
Outstanding Balance
$381,264
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$244,369
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
Ahmad Sabina $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmad Sabina $393,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $525,000 -8.7% $159 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
07/18/2022 07/18/22 Price Changed $575,000 -2.5% $174 / Sq Ft
07/07/2022 07/07/22 Price Changed $589,900 -1.7% $178 / Sq Ft
06/06/2022 06/06/22 For Sale $599,900 0.0% $181 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/18/2022 05/18/22 Price Changed $599,900 -3.2% $181 / Sq Ft
04/14/2022 04/14/22 For Sale $620,000 -- $188 / 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 $7,152 $540,000 $189,000 $351,000
2022 $8,748 $622,000 $185,000 $437,000
2021 $8,415 $515,000 $114,000 $401,000
2020 $9,099 $514,500 $115,400 $399,100
2019 $8,489 $514,500 $76,900 $437,600
2018 $7,722 $467,500 $76,900 $390,600
2017 $7,045 $376,000 $69,900 $306,100
2016 $6,913 $358,000 $69,900 $288,100
2015 $6,719 $311,500 $69,900 $241,600
2014 -- $283,000 $69,900 $213,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6172769

NorthstarMLS

APN: 22-028-24-31-0052