NOT LISTED FOR SALE

Estimated Value: $422,000 - $532,322

6 Beds
2 Baths
2,395 Sq Ft
$200/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $454,000 $190 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,279/month

About This Home

As of October 2022

Spacious, updated up-down Duplex in the heart of the NE Minneapolis Arts District. Both units feature newer hardwood flooring throughout, high ceilings, some stainless steel appliances, private decks, and updated bathrooms. This home is equipped with forced air heating, metal siding, vinyl windows, and a partitioned 2-stall garage. Excellent opportunity for an investor or owner-occupant. Professional photos coming soon!

Last Agent to Sell the Property

Ahmad Eltawely

Premier Realty LLC Listed on: 08/26/2022

Last Buyer's Agent

Laurie Allen

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,779

Year Built

  • Built in 1900

Lot Details

  • 5,227

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,395 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Drainage System

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 128x40
  • Forced Air Heating System

Community Details

  • 2 Units
  • Mcmillans Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1402924120110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,779

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2395
  • Water Sewer Expenses: 1920
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Drainage System, Unfinished
  • Living Area: 2395
  • Fireplace: No
  • Basement YN: Yes
  • Amenities: Deck,French Doors,Main Floor Primary Bedroom
  • Appliances: Dishwasher,Microwave,Range,Stainless Steel Appliances
  • Total Rooms: 5
  • Amenities: Cable,Deck,French Doors,Primary Bedroom Walk-in Closet,Walk-Up Attic
  • Appliances: Dishwasher,Microwave,Range
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Neighborhood: Logan Park

Garage/Parking

  • Garage Square Feet: 600

Utilities

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

Schools

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

Lot Info

  • Lot Size: 128x40
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding, Steel Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1402924120110
  • Tax Annual Amount: 6779
  • TaxWithAssessments: 6811.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 31, 2022
Sold by
Eilers Benjamin and Eilers Samuel
Bought by
Tofte Timothy and Tofte Julie
Seller's Agent
Ahmad Eltawely
Premier Realty LLC
Buyer's Agent
Laurie Allen
Coldwell Banker Realty
List Price
$450,000
Sold Price
$454,000
Premium/Discount to List
$4,000
0.89%
Current Estimated Value
$479,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,331
Avg. Annual Appreciation
1.69%
Original Mortgage
$364,000
Outstanding Balance
$352,762
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$122,397

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 27, 2022
Sold by
Eilers Benjamin
Bought by
Tofte Timothy P and Tofte Julie
Seller's Agent
Ahmad Eltawely
Premier Realty LLC
Buyer's Agent
Laurie Allen
Coldwell Banker Realty
List Price
$450,000
Sold Price
$454,000
Premium/Discount to List
$4,000
0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Outstanding Balance
$352,762
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$122,397

Purchase Details

Listed on
Apr 8, 2013
Closed on
Jun 5, 2013
Sold by
Federal National Mortgage Association
Bought by
Eilers Benjamin and Eilers Samuel
Seller's Agent
Claude Worrell
RE/MAX Results
Buyer's Agent
Beau Bruneau
Roger Fazendin REALTORS, Inc
List Price
$209,900
Sold Price
$206,500
Premium/Discount to List
-$3,400
-1.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$161,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2012
Sold by
Deavalon Jason
Bought by
Bank Of America National Association

Purchase Details

Closed on
Jun 16, 2003
Sold by
Amundsen Jason
Bought by
Deavalon Jason D

Purchase Details

Closed on
Dec 1, 1998
Sold by
Bialon Edward J
Bought by
Amundsen Jason
Source: Public Records

Range of Values:

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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
Tofte Timothy $454,000 --
Tofte Timothy P $454,000 Land Title
Eilers Benjamin -- Signature Title Midwest Serv
Bank Of America National Association $325,079 --
Bank Of America National Association $325,078 None Available
Deavalon Jason D $281,447 --
Amundsen Jason $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tofte Timothy $364,000
Closed Tofte Timothy P $363,200
Previous Owner Eilers Samuel $73,587
Previous Owner Eilers Benjamin $161,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $454,000 +0.9% $190 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $450,000 +117.9% $188 / Sq Ft
06/10/2013 06/10/13 Sold $206,500 -1.6% $87 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $209,900 -- $88 / 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 $7,486 $468,000 $138,000 $330,000
2022 $6,811 $426,000 $125,000 $301,000
2021 $6,543 $399,000 $70,000 $329,000
2020 $6,213 $398,500 $45,200 $353,300
2019 $5,799 $349,500 $30,100 $319,400
2018 $5,281 $317,500 $30,100 $287,400
2017 $4,695 $248,500 $27,400 $221,100
2016 $5,241 $238,000 $27,400 $210,600
2015 $4,138 $198,500 $27,400 $171,100
2014 -- $180,500 $27,400 $153,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6253694

NorthstarMLS

APN: 14-029-24-12-0110