Seller's Agent in 2023
Mike Tracy
Keller Williams Realty Integrity Lakes
(651) 497-5904
1 in this area
177 Total Sales
1621 6th St NE Minneapolis, MN 55413
Sheridan NeighborhoodEstimated Value: $382,000 - $714,948
4
Beds
3
Baths
2,137
Sq Ft
$273/Sq Ft
Est. Value
Highlights
- Porch
- Forced Air Heating System
- Wood Fence
- Patio
About This Home
As of March 2023**OPEN HOUSES CANCELLED, AS AN OFFER HAS BEEN ACCEPTED.** There are moments in the multi-family market in which a property so surreally wonderful, a brick-laden gem so radiant in its rarity, a historic space so inspiring in its aura, descends upon the inventory as if conjured directly out of one's dreams. Birds stop chirping; the city bustle pauses. You've just stumbled upon one such moment at 1621 6th Street NE. This beautifully and fully renovated late-1800s triplex, nestled in the very core of the vibrant NE Minneapolis Arts District, features a main-level 2-bed / 1-bath suite with more than 1,000 square feet, complemented by two 1-bed / 1-bath upper-level units of 500+ square feet each. Currently utilized as an owner-occupied property with two upper-level Airbnbs, the upper units alone most recently netted the owners more than $51,000 in 2022. This triplex brings you maximum flexibility to use it how you wish, surrounded by everything quintessential to NE Minneapolis living.
Last Agent to Sell the Property
Keller Williams Realty Integrity Lakes Listed on: 02/27/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,890
Year Built
- Built in 1887
Lot Details
- Lot Dimensions are 40x139
- Wood Fence
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Triplex
- Rubber Roof
Interior Spaces
- 2,137 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Stone or Rock in Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Outdoor Features
- Patio
- Porch
Utilities
- Forced Air Heating System
- 100 Amp Service
Community Details
- 3 Units
- Cutters Add Subdivision
Listing and Financial Details
- Tenant pays for cable TV, electricity, fuel
- The owner pays for insurance, grounds care, repairs, snow removal, taxes, trash collection, water
- Assessor Parcel Number 1402924210074
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 26, 2024
Sold by
Peichel Philip E and Peichel Suzanne L
Bought by
Peichel Philip E and Peichel Suzanne L
Current Estimated Value
Purchase Details
Closed on
Nov 27, 2023
Sold by
Peichel Chad L and Peichel Philip E
Bought by
Chad L Peichel And Philip E Peichel And Peich
Purchase Details
Listed on
Feb 27, 2023
Closed on
Mar 31, 2023
Sold by
Jacobs Cory
Bought by
Peichel Chad L and Peichel Philip E
Seller's Agent
Mike Tracy
Keller Williams Realty Integrity Lakes
Buyer's Agent
Daniel Secord
Central MN Realty LLC
List Price
$599,900
Sold Price
$651,000
Premium/Discount to List
$51,100
8.52%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.88%
Original Mortgage
$520,800
Interest Rate
5.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 31, 2019
Sold by
Brozyna Gregory J and Brozyna Judy A
Bought by
Jacobs Cory and Hall Bethany
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Peichel Philip E | -- | None Listed On Document | |
| Chad L Peichel And Philip E Peichel And Peich | $500 | Stearns County Abstract & Titl | |
| Peichel Chad L | $651,000 | Land Title | |
| Jacobs Cory | $445,000 | Premier Title Ins Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Peichel Chad L | $520,800 | |
| Previous Owner | Jacobs Cory | $333,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2023 03/31/23 | Sold | $651,000 | +8.5% | $305 / Sq Ft |
| 03/04/2023 03/04/23 | Pending | -- | -- | -- |
| 02/27/2023 02/27/23 | For Sale | $599,900 | -- | $281 / 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 |
|---|---|---|---|---|
| 2024 | $8,458 | $556,000 | $139,000 | $417,000 |
| 2023 | $6,148 | $471,000 | $134,000 | $337,000 |
| 2022 | $5,820 | $449,000 | $115,000 | $334,000 |
| 2021 | $5,379 | $415,000 | $70,000 | $345,000 |
| 2020 | $5,939 | $403,000 | $48,900 | $354,100 |
| 2019 | $5,545 | $336,000 | $32,600 | $303,400 |
| 2018 | $5,043 | $305,500 | $32,600 | $272,900 |
| 2017 | $4,293 | $229,000 | $29,600 | $199,400 |
| 2016 | $4,245 | $219,500 | $29,600 | $189,900 |
| 2015 | $3,876 | $191,000 | $29,600 | $161,400 |
| 2014 | -- | $173,500 | $27,800 | $145,700 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Tracy
-
Aaron Rosell
Seller Co-Listing Agent in 2023
Aaron Rosell
Keller Williams Realty Integrity Lakes
(651) 705-6312
1 in this area
226 Total Sales
-
Daniel Secord
Buyer's Agent in 2023
Daniel Secord
Central MN Realty LLC
(320) 260-7416
1 in this area
50 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6331177
APN: 14-029-24-21-0074
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