$540,000
SOLD MAY 10, 2012
7 Beds
6 Baths
6,712 Sq Ft
1902 Built

Recently Sold

$80 Per Sq Ft

23% Below List Price

225 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Landscaped with Trees
  • 2 Car Detached Garage
  • Woodwork
  • 3-minute walk to Thomas Lowry Park

About This Home

As of May 2012

24 HOUR SHOWING NOTICE.

Last Agent to Sell the Property

Daniel Ward

Coldwell Banker Burnet Listed on: 07/20/2011

Last Buyer's Agent

Fran Davis

Coldwell Banker Burnet

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,030

Year Built

  • 1902

Lot Details

  • Lot Dimensions are 135 x 70
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Stucco Exterior

Interior Spaces

  • 6,712 Sq Ft Home
  • Woodwork
  • Fireplace
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Short Sale

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,030

Year Built

1902

Lot Details

0

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessments: Unknown
  • Construction: Previously Owned
  • Potential Short Sale: Yes
  • Projected Closed Date: 05/09/2012
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1902

Interior Features

  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 5712
  • Total Fin Square Footage: 6712
  • Below Grade Finished Sq Ft: 1000

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Tree Coverage - Medium
  • Estimated Lot Dimensions: 135 x 70

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 20000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2011
Closed on
May 9, 2012
Sold by
Stokes Matthew M
Bought by
Francois Graham and Francois Zoe
Seller's Agent
Daniel Ward
Coldwell Banker Burnet
Buyer's Agent
Fran Davis
Coldwell Banker Burnet
List Price
$699,000
Sold Price
$540,000
Premium/Discount to List
-$159,000
-22.75%
Current Estimated Value
$1,386,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$846,578
Avg. Annual Appreciation
7.38%
Original Mortgage
$400,000
Outstanding Balance
$283,295
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,103,283

Purchase Details

Closed on
Oct 25, 2011
Sold by
1807 Dupont Llc
Bought by
Stokes Matthew M

Purchase Details

Closed on
Sep 8, 2003
Sold by
Sander Sander J and Sander Patricia Joan
Bought by
Stokes Matthew M
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $540,000 Burnet Title
Quit Claim Deed -- Custom Home Bldrs Title
Warranty Deed $875,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 Commercial
Closed $130,000 Credit Line Revolving
Open $400,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2012 05/10/12 Sold $540,000 -22.7% $80 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
07/20/2011 07/20/11 For Sale $699,000 -- $104 / 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 $19,030 $1,180,000 $325,000 $855,000
2022 $19,162 $1,124,000 $325,000 $799,000
2021 $18,459 $1,116,000 $344,000 $772,000
2020 $19,561 $1,115,500 $305,000 $810,500
2019 $18,078 $1,093,500 $281,000 $812,500
2018 $16,241 $983,000 $281,000 $702,000
2017 $15,084 $805,000 $255,500 $549,500
2016 $14,801 $766,500 $255,500 $511,000
2015 $14,775 $730,000 $255,500 $474,500
2014 -- $695,000 $238,700 $456,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3589718

REALTOR® Association of Southern Minnesota

APN: 28-029-24-44-0072