1609 3rd St NE Minneapolis, MN 55413
Sheridan NeighborhoodEstimated Value: $362,000 - $436,000
5
Beds
2
Baths
2,170
Sq Ft
$177/Sq Ft
Est. Value
About This Home
As of August 2022Easy to rent up and down duplex in the heart of Northeast MPLS. Just Blocks from entertainment, restaurants, and everything Northeast has to offer. Lower unit is freshly renovated with three bedrooms, laundry, a large kitchen, and bath. Upper unit is a clean two bedroom, one bath, with laundry. Home also has a great two car garage. Home is perfect for owner occupied investment, or rent both units for quick cash flow.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,532
Year Built
- Built in 1900
Lot Details
- 4,792
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 2,170 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Crawl Space
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Additional Features
- Lot Dimensions are 30x155
- Forced Air Heating System
Community Details
- 2 Units
- Dicksons Rgt Bottineaus 2Nd Subdivision
Listing and Financial Details
- Tenant pays for cable TV, electricity, fuel
- The owner pays for trash collection, water
- Assessor Parcel Number 1402924220091
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2022
Closed on
Aug 19, 2022
Sold by
Wax Joseph and Wax Shanae
Bought by
Desautel Parker
Seller's Agent
Josh Pomerleau
JPW Realty
Buyer's Agent
Clark Lensing
RE/MAX Results
List Price
$349,000
Sold Price
$357,000
Premium/Discount to List
$8,000
2.29%
Total Days on Market
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,833
Avg. Annual Appreciation
2.80%
Original Mortgage
$339,150
Outstanding Balance
$326,376
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$58,457
Purchase Details
Listed on
May 18, 2022
Closed on
Aug 18, 2022
Sold by
Wax Joseph and Wax Shanae Phillips
Bought by
Desautel Parker
Seller's Agent
Josh Pomerleau
JPW Realty
Buyer's Agent
Clark Lensing
RE/MAX Results
List Price
$349,000
Sold Price
$357,000
Premium/Discount to List
$8,000
2.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,150
Outstanding Balance
$326,376
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$58,457
Purchase Details
Closed on
Jan 24, 2014
Sold by
Reuss Jeremiah
Bought by
Wax Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
4.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 11, 2005
Sold by
Peterson W Tarey
Bought by
Reuss Jeremiah
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
Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Desautel Parker | $357,000 | -- | |
| Desautel Parker | $357,000 | None Listed On Document | |
| Wax Joseph | $142,000 | Gibraltar Title | |
| Reuss Jeremiah | $253,980 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Desautel Parker | $339,150 | |
| Closed | Desautel Parker | $339,150 | |
| Previous Owner | Wax Joseph | $185,500 | |
| Previous Owner | Wax Joseph | $106,500 | |
| Previous Owner | Reuss Jeremiah | $63,450 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2022 08/19/22 | Sold | $357,000 | +2.3% | $165 / Sq Ft |
| 07/18/2022 07/18/22 | Pending | -- | -- | -- |
| 07/12/2022 07/12/22 | For Sale | $349,000 | 0.0% | $161 / Sq Ft |
| 07/08/2022 07/08/22 | Pending | -- | -- | -- |
| 07/05/2022 07/05/22 | Price Changed | $349,000 | 0.0% | $161 / Sq Ft |
| 07/05/2022 07/05/22 | For Sale | $349,000 | -2.2% | $161 / Sq Ft |
| 06/13/2022 06/13/22 | Off Market | $357,000 | -- | -- |
| 05/18/2022 05/18/22 | Pending | -- | -- | -- |
| 05/18/2022 05/18/22 | For Sale | $339,900 | -- | $157 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $4,516 | $351,000 | $112,000 | $239,000 |
| 2022 | $5,745 | $363,000 | $104,000 | $259,000 |
| 2021 | $5,532 | $325,000 | $61,000 | $264,000 |
| 2020 | $5,223 | $324,500 | $47,000 | $277,500 |
| 2019 | $4,821 | $282,000 | $31,300 | $250,700 |
| 2018 | $4,163 | $252,000 | $25,000 | $227,000 |
| 2017 | $3,543 | $189,000 | $22,700 | $166,300 |
| 2016 | $3,181 | $164,500 | $22,700 | $141,800 |
| 2015 | $2,902 | $143,000 | $22,700 | $120,300 |
| 2014 | -- | $130,000 | $21,500 | $108,500 |
Source: Public Records
Agents Affiliated with this Home
-
Josh Pomerleau
Seller's Agent in 2022
Josh Pomerleau
JPW Realty
(763) 463-7580
1 in this area
1,376 Total Sales
-
Matthew Healy
Seller Co-Listing Agent in 2022
Matthew Healy
JPW Realty
(763) 232-6415
1 in this area
242 Total Sales
-
Clark Lensing
Buyer's Agent in 2022
Clark Lensing
RE/MAX Results
(612) 408-8554
2 in this area
190 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6197002
APN: 14-029-24-22-0091
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