NOT LISTED FOR SALE

Estimated Value: $284,000 - $352,134

3 Beds
2 Baths
1,560 Sq Ft
$202/Sq Ft Est. Value

Last Sold January 08, 2024

Last sale price $250,000 $160 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,004/month

42 Days on Market

About This Home

As of January 2024

Pretty tree lined street * Perfect Fixer-upper* Opportunity to build equity for an investor or for enterprising homeowners* Same owner for nearly 30 years * A much loved home * Chose to live in 1 bedroom upper & have rental $$$ from 2-3 bedroom or enjoy 1 level living as this owner has has w/ bedrooms, bath and laundry on main floor * Sunny side entry porch * Fenced yard * Walkable, bikeable, sociable, fun, blossoming area * Great opportunity to invest, flip or call "home" *Note: A/C in lower kitchen not working *. Upper vacant; had same tenant for decades * Bright spaces * Windows in 4 directions * Artists take note...any light you need * Original wood work painted white * Generous room sizes * Such potential * Thinking open concept? * How about service bar between kitchen & living room but (not recommended without expert assistance/skill) * Embrace the Funkiness of the upstairs bathroom * Marvelous original claw foot tub * Maybe add a shower, skylight, retro vanity ??

Last Agent to Sell the Property

Myrna Bourcy

RE/MAX Results Listed on: 11/07/2023

RE/MAX Results

Last Buyer's Agent

Samuel Andrews

Wits Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,456

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50x106
  • Chain Link Fence

Home Design

  • Duplex
  • Pitched Roof
  • Shake Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Side Porch
  • Forced Air Heating System

Community Details

  • 2 Units
  • Kammerers Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, water
  • Assessor Parcel Number 1502924110051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,456

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1560
  • Water Sewer Expenses: 1
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Living Area: 1560
  • Owner Pays: Gas, Water
  • Basement YN: Yes
  • Amenities: Main Floor Primary Bedroom,Porch
  • Appliances: Dryer,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 7
  • Appliances: Range
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt, Pitched
  • Fencing: Chain Link
  • ConstructionMaterialsDesc: Frame
  • Neighborhood: Sheridan
  • PatioPorchType: Side Porch

Utilities

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

Schools

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

Lot Info

  • Lot Size: 50x106
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding
  • Units Total: 2

Rental Info

  • Expenses: 1.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1502924110051
  • Tax Annual Amount: 3456
  • TaxWithAssessments: 3456.0000

Multi Family

  • TenantPays: Electricity
  • ElectricExpense: 1
  • FuelExpense: 1
  • Resident Manager Expense: 1
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Jan 2, 2024
Sold by
Mckay Nancy
Bought by
Palmer Samuel
Seller's Agent
Myrna Bourcy
RE/MAX Results
Buyer's Agent
Samuel Andrews
Wits Realty
List Price
$272,000
Sold Price
$250,000
Premium/Discount to List
-$22,000
-8.09%
Views
89
Current Estimated Value
$315,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,034
Avg. Annual Appreciation
15.24%
Original Mortgage
$187,500
Outstanding Balance
$184,670
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$130,365
Source: Public Records

Range of Values:

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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
Palmer Samuel $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Samuel J $50,000
Open Palmer Samuel $187,500
Previous Owner Mckay Nancy D $71,000
Previous Owner Mckay Nancy D $389
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Sold $250,000 0.0% $160 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
11/29/2023 11/29/23 Price Changed $249,900 -8.1% $160 / Sq Ft
11/08/2023 11/08/23 For Sale $272,000 -- $174 / 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 $3,457 $276,000 $117,000 $159,000
2022 $3,010 $274,000 $99,000 $175,000
2021 $2,599 $232,000 $63,000 $169,000
2020 $2,544 $210,500 $36,200 $174,300
2019 $2,296 $193,000 $24,100 $168,900
2018 $2,029 $172,500 $24,100 $148,400
2017 $1,651 $129,500 $21,900 $107,600
2016 $1,485 $116,500 $21,900 $94,600
2015 $1,291 $101,500 $21,900 $79,600
2014 -- $94,000 $20,600 $73,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6457504

NorthstarMLS

APN: 15-029-24-11-0051