NOT LISTED FOR SALE

Estimated Value: $398,000 - $517,535

4 Beds
3 Baths
2,408 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $450,000 $187 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,083/month

5 Days on Market

About This Home

As of August 2022

Classic NE Minneapolis duplex located in a very walkable neighborhood. Loads of character in thisbuilding with original hardwood floors, millwork, tall ceilings, patio, rear balcony, fencedyard, two car garage and room to expand in the massive 3rd floor space. Updated electrical box in2011 and New roof in 2019. Main floor unit offers two bedrooms, newer cabinets in the kitchenwith a pantry and updated subway tile bath, large dining room and living room. Second floor unitoffers a private full bathroom for each bedroom, spacious kitchen with a pantry, large diningroom and living room. Laundry and plenty of storage in the basement. Both units have dishwashers.This property is sure to impress and offers great possibilities with the third floor space.

Last Agent to Sell the Property

Kevin Curtis

RE/MAX Advantage Plus Listed on: 06/15/2022

RE/MAX Advantage Plus

Co-Listed By

Ryan O'Neill

RE/MAX Advantage Plus

Last Buyer's Agent

Lisa Farwell

Keller Williams Realty Integrity Lakes

Keller Williams Realty Integrity Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,540

Year Built

  • Built in 1916

Lot Details

  • Lot Dimensions are 40x129
  • Wood Fence
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Pitched Roof

Interior Spaces

  • 2,408 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement
  • Basement Storage

Outdoor Features

  • Patio

Utilities

  • Boiler Heating System
  • Cable TV Available

Community Details

  • 2 Units
  • Mcmillans Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, fuel
  • The owner pays for insurance, janitorial service, repairs, taxes, trash collection, water
  • Assessor Parcel Number 1402924120131

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,540

Year Built

Built in 1916

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
  • Association Amenities: Other, Patio
  • Year Built: 1916
  • Above Grade Finished Sq Ft: 2408
  • Water Sewer Expenses: 1987
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Shared Access, Storage Space, Unfinished
  • Living Area: 2408
  • Fireplace: No
  • Owner Pays: Insurance, Janitorial Service, Repairs, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Patio
  • Appliances: Dishwasher,Microwave,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 5
  • Amenities: Patio
  • Appliances: Dishwasher,Range
  • Total Rooms: 5
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • Fencing: Wood
  • ConstructionMaterialsDesc: Block
  • Neighborhood: Logan Park

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 440

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 40x129
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 15887.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1402924120131
  • Tax Annual Amount: 6540
  • TaxWithAssessments: 6540.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Fuel
  • ElectricExpense: 1247
  • FuelExpense: 1890
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 5, 2022
Sold by
Gassman Matthew and Fontana Josette
Bought by
Miller Benjamin and Miller Samuel
Seller's Agent
Kevin Curtis
RE/MAX Advantage Plus
Buyer's Agent
Lisa Farwell
Keller Williams Realty Integrity Lakes
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$469,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,384
Avg. Annual Appreciation
1.43%
Original Mortgage
$360,000
Outstanding Balance
$347,172
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$122,128

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jul 22, 2022
Sold by
Gassman Matthew J and Gassman Josette
Bought by
Miller Benjamin and Miller Samuel
Seller's Agent
Kevin Curtis
RE/MAX Advantage Plus
Buyer's Agent
Lisa Farwell
Keller Williams Realty Integrity Lakes
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$347,172
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$122,128

Purchase Details

Closed on
Jun 30, 2011
Sold by
Wells Fargo Bank Na
Bought by
Gassman Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,300
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2010
Sold by
Renstrom Mark
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 1, 2004
Sold by
Korman Paul L
Bought by
Renstrom Mark and Renstrom Anne

Purchase Details

Closed on
Dec 31, 2000
Sold by
Korman Henry P
Bought by
Korman Paul L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Miller Benjamin $450,000 --
Miller Benjamin $450,000 --
Gassman Matthew J $147,000 Servicelink
Wells Fargo Bank Na $249,931 --
Renstrom Mark $275,000 --
Korman Paul L $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Benjamin $360,000
Closed Miller Benjamin $360,000
Previous Owner Gassman Matthew J $205,000
Previous Owner Gassman Matthew J $200,000
Previous Owner Gassman Matthew J $174,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $450,000 0.0% $187 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $450,000 -- $187 / 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 $5,795 $444,000 $138,000 $306,000
2022 $6,541 $416,000 $126,000 $290,000
2021 $6,527 $385,000 $70,000 $315,000
2020 $6,195 $399,500 $46,500 $353,000
2019 $5,781 $350,500 $31,000 $319,500
2018 $5,263 $318,500 $31,000 $287,500
2017 $4,677 $249,500 $28,200 $221,300
2016 $4,699 $243,000 $28,200 $214,800
2015 $4,108 $202,500 $28,200 $174,300
2014 -- $184,000 $27,000 $157,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6216356

NorthstarMLS

APN: 14-029-24-12-0131