NOT LISTED FOR SALE

Estimated Value: $351,947 - $368,000

2 Beds
2 Baths
2,116 Sq Ft
$170/Sq Ft Est. Value

Last Sold February 16, 2012

Last sale price $70,000 $33 Per Sq Ft

Est. 413% increase in value since last sale

Current estimated payment $2,540/month

369 Days on Market

Highlights

  • Woodwork
  • Forced Air Heating System
  • Community Deck or Porch

About This Home

As of February 2012

Property in good condition, many recent improvements, egress window in basement, new doors, new flooring, new carpet.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,593

Year Built

  • 1900

Lot Details

  • Lot Dimensions are 23.00 x 129.00
  • Irregular Lot

Home Design

  • Duplex
  • Metal Siding

Interior Spaces

  • 2,116 Sq Ft Home
  • Woodwork
  • Basement Fills Entire Space Under The House
  • Cooktop
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Short Sale

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,593

Year Built

1900

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Potential Short Sale: Yes
  • Projected Closed Date: 02/28/2012
  • Taxes With Assessments: 2589
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Appliances: Cooktop, Range/Stove, Refrigerator
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1716
  • Total Fin Square Footage: 2116
  • Below Grade Finished Sq Ft: 400

Exterior Features

  • Exterior: Metal

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Deck, Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Irregular Lot
  • Estimated Lot Dimensions: 23.00 X 129.00

Multi Family

  • Total Units Available: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2011
Closed on
Feb 16, 2012
Sold by
Llapa Maria Olga and Llapa Luis
Bought by
Averbakh Inna and Averbakh Gennady
List Price
$99,000
Sold Price
$70,000
Premium/Discount to List
-$29,000
-29.29%
Total Days on Market
369
Current Estimated Value
$358,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,987
Avg. Annual Appreciation
13.13%
Original Mortgage
$198,446
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2007
Sold by
Harmon Richard Alan
Bought by
Llapa Maria Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,967
Interest Rate
9.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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Average Value
Not Available
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
Averbakh Inna $70,000 Executive Title Services Inc
Llapa Maria Olga $193,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Averbakh Gennady A $350,000
Closed Averbakh Gennady A $350,000
Closed Averbakh Inna $198,446
Previous Owner Llapa Maria Olga $183,967
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2012 02/16/12 Sold $70,000 -29.3% $33 / Sq Ft
01/25/2012 01/25/12 Pending -- -- --
01/21/2011 01/21/11 For Sale $99,000 -- $47 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $6,593 $356,000 $96,000 $260,000
2022 $5,250 $321,000 $80,000 $241,000
2021 $4,549 $309,000 $39,000 $270,000
2020 $4,277 $278,500 $11,900 $266,600
2019 $3,993 $242,000 $7,900 $234,100
2018 $3,631 $220,000 $7,900 $212,100
2017 $3,224 $172,000 $7,200 $164,800
2016 $3,141 $152,500 $7,200 $145,300
2015 $2,578 $127,000 $7,200 $119,800
2014 -- $115,500 $7,200 $108,300
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3585686

REALTOR® Association of Southern Minnesota

APN: 14-029-24-12-0061