NOT LISTED FOR SALE

Estimated Value: $350,000 - $396,000

3 Beds
2 Baths
1,844 Sq Ft
$199/Sq Ft Est. Value

Last Sold September 19, 2024

Last sale price $347,400 $188 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,355/month

22 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • Property is Fully Fenced

About This Home

As of September 2024

Attention house hackers, investors, owner occupants! This side by side Northeast duplex is great way to start your real estate investing journey, add to your portfolio or just simply become home. The 1-bedroom 1807 side is vacant giving you flexibility to move right in to occupy, update, place your own tenant or STR. The two-bedroom 1805 side is currently rented month to month for $1400 giving you the option to collect immediate rental income. Each unit has its own basement with laundry. Fully fenced private yards. Split gas and electric meters for easy accounting. Located right behind the Quarry the location offers convenience to shopping and food along with easy access to 35W and bus routes. Owner occupants, be sure to look into all of the city, state, county, public and private downpayment assistance programs. Investors, this property provides so many options from house hacking, traditional rental, short term rental, value add and BRRRR. Downsizers, looking for a condo but don't love HOAs? This is an alternative with no HOA rules or fess, and you can earn rental income.
Add a little bit of shine to make this a great home or investment.

Last Agent to Sell the Property

Ron Johnson

Epique Realty Brokerage Phone: 612-817-5657 Listed on: 07/31/2024

Last Buyer's Agent

Benjamin Lucius

Keller Williams Realty Integrity Lakes

Keller Williams Realty Integrity Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,007

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 50 x 136
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence

Parking

  • On-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Gravity Heating System

Community Details

  • 2 Units
  • Pleasant Heights Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for trash collection
  • Assessor Parcel Number 1202924440169

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,007

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Accessibility Features: None
  • Water Source: City Water/Connected, City Water - In Street
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 1344
  • Water Sewer Expenses: 1200
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Attribution Contact: 612-817-5657
  • Attribution Contact: 612-817-5657
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 1844
  • Below Grade Finished Sq Ft: 500
  • Owner Pays: Trash Collection
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s),Main Floor Primary Bedroom
  • Appliances: Dryer,Range
  • Total Rooms: 5
  • Amenities: Ceiling Fan(s),Main Floor Primary Bedroom
  • Appliances: Dryer,Range
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: Full, Privacy, Wood
  • ConstructionMaterialsDesc: Block,Frame
  • Neighborhood: Windom Park

Garage/Parking

  • Parking Features: On-Street Parking Only
  • Other Parking Spaces: 0
  • Other Parking Spaces: 0

Utilities

  • Heating: Forced Air, Gravity
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • 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: 50 x 136
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Board
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1202924440169
  • Tax Annual Amount: 6007
  • TaxWithAssessments: 6006.9000

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Sep 19, 2024
Sold by
Missaghi Amir and Missaghi Amelia
Bought by
Sather Aaron and Reed Ryan
Seller's Agent
Ron Johnson
Epique Realty
Buyer's Agent
Benjamin Lucius
Keller Williams Realty Integrity Lakes
List Price
$350,000
Sold Price
$347,400
Premium/Discount to List
-$2,600
-0.74%
Views
557
Current Estimated Value
$367,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,103
Avg. Annual Appreciation
5.40%
Original Mortgage
$310,060
Outstanding Balance
$306,575
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$60,928

Purchase Details

Closed on
Dec 15, 2006
Sold by
Hsbc Bank Usa
Bought by
Missaghi Amir

Purchase Details

Closed on
Mar 4, 2004
Sold by
Kidd Daniel
Bought by
Kahl Steven
Source: Public Records

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
Sather Aaron $347,400 --
Missaghi Amir $183,000 --
Kahl Steven $227,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sather Aaron $310,060
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2024 09/19/24 Sold $347,400 0.0% $188 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
08/14/2024 08/14/24 Off Market $347,400 -- --
07/31/2024 07/31/24 For Sale $350,000 -- $190 / 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 $4,874 $342,000 $133,000 $209,000
2023 $6,007 $346,000 $133,000 $213,000
2022 $4,746 $301,000 $127,000 $174,000
2021 $4,007 $265,000 $73,000 $192,000
2020 $3,695 $230,000 $74,100 $155,900
2019 $3,449 $209,000 $49,400 $159,600
2018 $3,136 $190,000 $49,400 $140,600
2017 $2,886 $154,000 $44,900 $109,100
2016 $2,882 $149,000 $44,900 $104,100
2015 $2,947 $137,000 $44,900 $92,100
2014 -- $120,000 $44,900 $75,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6578327

NorthstarMLS

APN: 12-029-24-44-0169