NOT LISTED FOR SALE

Estimated Value: $450,000 - $550,580

5 Beds
3 Baths
3,000 Sq Ft
$164/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $420,000 $140 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,259/month

40 Days on Market

About This Home

As of September 2023

Great investment opportunity awaits, or the home could also easily be converted back to a single family home.

Last Agent to Sell the Property

Jeffrey Luckraft

Keller Williams Select Realty Listed on: 07/27/2023

Keller Williams Select Realty

Last Buyer's Agent

Monica Kennett

National Realty Guild

National Realty Guild

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,665

Year Built

  • Built in 1903

Lot Details

  • 7,405

Parking

  • 3 Car Garage
  • Varies By Unit
  • Common or Shared Parking

Home Design

  • Duplex
  • Slab Foundation
  • Pitched Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Stone or Rock in Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Lot Dimensions are 50x150
  • Boiler Heating System

Community Details

  • 2 Units
  • J S & W Elliots Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, insurance, janitorial service
  • The owner pays for grounds care, repairs, snow removal, trash collection, water
  • Assessor Parcel Number 2602924310088

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,665

Year Built

Built in 1903

Lot Details

0

Parking

3

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Deck
  • Year Built: 1903
  • Above Grade Finished Sq Ft: 3000
  • Water Sewer Expenses: 500
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Slab, Stone/Rock, Unfinished
  • Living Area: 3000
  • Owner Pays: Grounds Care, Repairs, Snow Removal, Trash Collection, Water
  • Basement YN: Yes
  • Total Rooms: 7
  • Amenities: Ceiling Fan(s),Kitchen Center Island,Paneled Doors
  • Appliances: Range
  • Total Rooms: 9

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • ConstructionMaterialsDesc: Frame
  • Neighborhood: Elliot Park
  • PatioPorchType: Front Porch,Rear Porch

Garage/Parking

  • Parking Features: Detached, Gravel, Shared Garage/Stall, Units Vary
  • Carport Spaces: 4
  • Garage Square Feet: 600
  • Garage Door Height: 8

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: One Per Unit,Two

Schools

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

Lot Info

  • Topography: Sloped
  • Lot Size: 50x150
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 10000.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2602924310088
  • Tax Annual Amount: 6665
  • TaxWithAssessments: 6665.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Insurance, Janitorial Service
  • Number Of Refrigerators: One Per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Sep 6, 2023
Sold by
C4d Crew
Bought by
Pinto Segundo Chisag and Chiza Maria Zumbana
Seller's Agent
Jeffrey Luckraft
Keller Williams Select Realty
Buyer's Agent
Monica Kennett
National Realty Guild
List Price
$424,900
Sold Price
$420,000
Premium/Discount to List
-$4,900
-1.15%
Views
1
Current Estimated Value
$490,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,645
Avg. Annual Appreciation
2.81%
Original Mortgage
$336,000
Outstanding Balance
$167,205
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$276,389

Purchase Details

Closed on
May 22, 2023
Sold by
North Central University
Bought by
Fourth Council Properties Llc

Purchase Details

Closed on
Sep 30, 2011
Sold by
Mapson Dexter C and Mapson Kathleen B
Bought by
North Central University

Purchase Details

Closed on
Jul 13, 2000
Sold by
Venzke Evangeline M
Bought by
Mapson Dexter C
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
Pinto Segundo Chisag $420,000 --
C4d Crew $420,000 First American Title Insurance
Fourth Council Properties Llc $2,800,000 First American Title
North Central University $255,000 None Available
Mapson Dexter C $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open C4d Crew $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $420,000 -1.2% $140 / Sq Ft
07/27/2023 07/27/23 For Sale $424,900 -- $142 / 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 $7,023 $439,000 $195,000 $244,000
2022 $6,541 $414,000 $187,000 $227,000
2021 $5,996 $385,000 $180,000 $205,000
2020 $6,178 $367,000 $180,000 $187,000
2019 $6,045 $349,500 $150,000 $199,500
2018 $5,602 $333,000 $150,000 $183,000
2017 $5,729 $305,700 $150,000 $155,700
2016 $6,236 $322,500 $75,000 $247,500
2015 $5,691 $280,500 $75,000 $205,500
2014 -- $254,500 $60,000 $194,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6408618

NorthstarMLS

APN: 26-029-24-31-0088