NOT LISTED FOR SALE

Estimated Value: $356,126 - $411,000

6 Beds
2 Baths
1,824 Sq Ft
$207/Sq Ft Est. Value

Last Sold December 27, 2018

Last sale price $256,950 $141 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,563/month

3 Days on Market

Highlights

  • 2 Car Detached Garage
  • Porch
  • Hot Water Heating System

About This Home

As of December 2018

Double Bungalow. Lots of living space;. Shared front porch. Identical floor plan on both upper and lower levels. Two bedroom plus Nursery, Kitchen, Living Room, Dining Room, Spacious two car garage. Great investment opportunity, property is in need of a little TLC, in great North East Minneapolis neighborhood!

Last Listed By

Daniel Tillman

Coldwell Banker Realty Listed on: 11/24/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,570

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 43x140x43x140
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Pitched Roof
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,824 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • Porch
  • Hot Water Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric
  • Assessor Parcel Number 1202924330087

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,570

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Outside Features: Stucco
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Porch
  • Fuel Type: Natural Gas
  • Numberof Ranges: Two
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1824.00
  • Above Grade Finished Area Search: 1824.00
  • Assessment Pending Y N: No
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Garage Area: 460.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 5525
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1824.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: Northeast
  • Parcel Numbers: 1202924330087
  • Property Sub Type Additional: Duplex Up and Down
  • Refrigerator Number: Two
  • Rental License: No
  • Tax Assessment Balance: 277.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Stone
  • Fireplace: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt Shingles, Pitched
  • PoolFeatures: None
  • Fencing: None

Garage/Parking

  • Parking Features: Detached Garage

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Multi-Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • Assessment Pending: No
  • Lot Size: 43x140x43x140
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Tree Coverage - Light
  • Lot Size Acres: 0.1400
  • Lot Size Area Units: Square Feet

Rental Info

  • Owner Pays: Taxes, Trash, Water/Sewer

Building Info

  • Units Total: 2.00

Tax Info

  • TaxLegalDescription: LOT 006 BLOCK 038 EAST SIDE ADDN TO MPLS E 140 FT OF LOT 6
  • Tax Amount: 3570.38
  • Tax Year: 2018
  • Tax With Assessments: 3847.58
  • Assessor Parcel Number: 1202924330087

Multi Family

  • TenantPays: Electric
  • Unit Count: 2
  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2018
Closed on
Dec 27, 2018
Sold by
Carlson Jill M and Carlson Jerry D
Bought by
Gutierrez Eric and Gutierrez Stephanie
Seller's Agent
Daniel Tillman
Coldwell Banker Realty
List Price
$249,900
Sold Price
$256,950
Premium/Discount to List
$7,050
2.82%
Total Days on Market
3
Current Estimated Value
$377,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,832
Avg. Annual Appreciation
6.24%
Original Mortgage
$192,713
Interest Rate
4.8%
Mortgage Type
New Conventional

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
Gutierrez Eric $256,952 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gutierrez Eric $311,250
Closed Gutierrez Eric $192,713
Previous Owner Carlson Jerry D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2018 12/27/18 Sold $256,950 +2.8% $141 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/24/2018 11/24/18 For Sale $249,900 -- $137 / 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
2023 $5,628 $337,000 $125,000 $212,000
2022 $5,652 $337,000 $122,000 $215,000
2021 $5,754 $318,000 $59,000 $259,000
2020 $5,302 $336,500 $67,100 $269,400
2019 $3,958 $285,000 $44,700 $240,300
2018 $3,570 $259,000 $44,700 $214,300
2017 $2,914 $205,500 $40,600 $164,900
2016 $2,813 $194,000 $40,600 $153,400
2015 $2,506 $169,000 $40,600 $128,400
2014 -- $147,000 $37,800 $109,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5017860

NorthstarMLS

APN: 12-029-24-33-0087