NOT LISTED FOR SALE

Estimated Value: $606,000 - $733,147

7 Beds
5 Baths
3,241 Sq Ft
$206/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $640,000 $197 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,347/month

21 Days on Market

Highlights

  • Forced Air Heating System
  • Hot Water Heating System
  • 4-minute walk to Northeast Park

About This Home

As of December 2022

**OFFER RECEIVED. Offer Deadline is Thursday, 11/17, @ Noon** Only 2 blocks from Spyhouse Coffee, numerous breweries, a sushi restaurant and a park, this triplex is perfectly located! As a side-by-side duplex with a single family home on the same lot, this unique property is the perfect place for an owner occupant or investor! The front duplex has been beautiful updated, with modern finishes, stainless steel appliances and gorgeous wood floors. These spacious units are fully rented to great tenants. The rear single family home is currently vacant, making it a wonderful place for an owner-occupier to have separation from tenants, for a possible airBNB or as a traditional rental unit. See supplements for more information.

Last Agent to Sell the Property

Savannah Steele

Fox Realty Listed on: 11/07/2022

Last Buyer's Agent

Lisa Fratzke

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,426

Year Built

  • Built in 1904

Lot Details

  • Lot Dimensions are 45 x 132
  • Few Trees

Home Design

  • Triplex

Interior Spaces

  • 3,241 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Forced Air Heating System
  • Hot Water Heating System

Community Details

  • 3 Units
  • Harrison St Sup E Side Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for trash collection, water
  • Assessor Parcel Number 1302924220017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,426

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1904
  • Above Grade Finished Sq Ft: 3241
  • Water Sewer Expenses: 7200
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight/Lookout Windows, Full, Unfinished
  • Living Area: 3241
  • Owner Pays: Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Porch
  • Appliances: Dishwasher,Microwave,Range,Stainless Steel Appliances
  • Total Rooms: 7
  • Amenities: Porch
  • Appliances: Dishwasher,Microwave,Range,Stainless Steel Appliances
  • Total Rooms: 7
  • Amenities: Porch
  • Appliances: Microwave,Range
  • Total Rooms: 7

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Neighborhood: Northeast Park
  • PatioPorchType: Front Porch,Porch

Garage/Parking

  • Parking Features: Asphalt
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Three

Schools

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

Lot Info

  • Lot Size: 45 x 132
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), 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: 3

Rental Info

  • Expenses: 7200.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1302924220017
  • Tax Annual Amount: 8426
  • TaxWithAssessments: 8426.0000

Multi Family

  • TenantPays: Electricity, Gas
  • Number Of Refrigerators: Three

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Dec 16, 2022
Sold by
Mrk Properties Llc
Bought by
Delfeld Helen and Dodds James Scott
Seller's Agent
Savannah Steele
Fox Realty
Buyer's Agent
Lisa Fratzke
Coldwell Banker Realty
List Price
$635,000
Sold Price
$640,000
Premium/Discount to List
$5,000
0.79%
Current Estimated Value
$669,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,037
Avg. Annual Appreciation
1.59%
Original Mortgage
$480,000
Outstanding Balance
$464,675
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$204,362

Purchase Details

Closed on
Aug 20, 2020
Sold by
Vandeveer Robert D and Vandeveer Yang Suk
Bought by
Mrk Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,127
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 17, 2020
Sold by
Vandeveer Robert D and Yang Suk
Bought by
Mrk Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,127
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 26, 2004
Sold by
Quade Ryan M
Bought by
Vandeveer Robert D and Vandeveer Yang Suk

Purchase Details

Closed on
Jan 31, 2003
Sold by
Sandell Phyllis M
Bought by
Quade Ryan M
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
Delfeld Helen $640,000 Trademark Title
Mrk Properties Llc $582,000 Legacy Title
Mrk Properties Llc $582,000 Legacy Title
Vandeveer Robert D $365,000 --
Quade Ryan M $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delfeld Helen $480,000
Previous Owner Mrk Properties Llc $4,127
Previous Owner Mrk Properties Llc $465,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2022 12/22/22 Sold $640,000 +0.8% $197 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $635,000 -- $196 / 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
2024 $9,603 $600,000 $123,000 $477,000
2023 $8,142 $601,000 $123,000 $478,000
2022 $8,426 $603,000 $123,000 $480,000
2021 $7,041 $496,000 $75,000 $421,000
2020 $6,629 $431,000 $47,300 $383,700
2019 $6,190 $375,000 $31,500 $343,500
2018 $5,630 $341,000 $31,500 $309,500
2017 $5,230 $279,000 $28,600 $250,400
2016 $5,153 $266,500 $28,600 $237,900
2015 $4,798 $236,500 $28,600 $207,900
2014 -- $210,500 $28,600 $181,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6306773

NorthstarMLS

APN: 13-029-24-22-0017