NOT LISTED FOR SALE

Estimated Value: $350,322 - $464,000

6 Beds
2 Baths
2,124 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $425,000 $200 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,769/month

16 Days on Market

About This Home

As of August 2023

Extensively renovated in 2017 - new roof, siding, interior finishes, kitchens, cabinetry, appliances, and more! Very deep lot with room to expand. Turn-key property that is very easy to rent and maintain. Currently fully rented on month to month leases. 3 bedrooms and 1 bathroom per unit. Tier 1 rental license.

Last Agent to Sell the Property

Matthew Wolf

Twin Lakes Real Estate Listed on: 07/15/2023

Last Buyer's Agent

Neal Lagos

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,636

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 88x50

Home Design

  • Duplex

Interior Spaces

  • 2,124 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • 2 Units
  • East Side Add Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, fuel, grounds care, snow removal, trash collection, water
  • Assessor Parcel Number 1102924440176

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,636

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2124
  • Water Sewer Expenses: 1200
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • FoundationDimensions: 22x48
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Living Area: 2124
  • Basement YN: Yes
  • Total Rooms: 7
  • Total Rooms: 7

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt
  • Neighborhood: Logan Park

Garage/Parking

  • Parking Features: Concrete, Driveway - Other Surface
  • Garage Square Feet: 0
  • Other Parking Spaces: 2
  • Other Parking Spaces: 2

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Electric,Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 88x50
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement
  • Units Total: 2

Rental Info

  • Expenses: 1680.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1102924440176
  • Tax Annual Amount: 4636
  • TaxWithAssessments: 4997.0000

Multi Family

  • TenantPays: All Utilities, Cable TV, Electricity, Fuel, Grounds Care, Snow Removal, Trash Collection, Water
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2023
Closed on
Aug 15, 2023
Sold by
1812 Jackson Street Ne Llc
Bought by
Wang Lejing and Vanderlinden-Wang Gretchen
Seller's Agent
Matthew Wolf
Twin Lakes Real Estate
Buyer's Agent
Neal Lagos
Coldwell Banker Realty
List Price
$437,500
Sold Price
$425,000
Premium/Discount to List
-$12,500
-2.86%
Total Days on Market
16
Views
33
Current Estimated Value
$414,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,169
Avg. Annual Appreciation
-1.33%
Original Mortgage
$318,750
Outstanding Balance
$312,914
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$101,917

Purchase Details

Closed on
Jun 17, 2017
Sold by
Mnrci Co
Bought by
1812 Jackson Street Ne Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 17, 2017
Sold by
Cel Monton Llc
Bought by
Mnrci Co

Purchase Details

Closed on
Oct 29, 2007
Sold by
Countrywide Home Loans
Bought by
Wahl Douglas Allen

Purchase Details

Closed on
Apr 8, 2005
Sold by
Inamagua Angel and Robles Mariam
Bought by
Pena Ines

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 8, 2001
Sold by
Hoganson Steven J
Bought by
Inamagua Angel R

Purchase Details

Closed on
Oct 3, 2000
Sold by
Krainer Leslie D and Krainer Cindy A
Bought by
Hoganson Steven J
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 Buyer Sale Price Title Company
Wang Lejing $425,000 --
1812 Jackson Street Ne Llc $197,000 The Title Group Inc
Mnrci Co $175,000 The Title Group Inc
Wahl Douglas Allen $95,100 --
Pena Ines $295,000 --
Inamagua Angel R $150,000 --
Hoganson Steven J $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Lejing $318,750
Previous Owner 1812 Jackson Street Ne Llc $249,000
Previous Owner 1812 Jackson Street Ne Llc $36,000
Previous Owner 1812 Jackson Street Ne Llc $212,800
Previous Owner Pena Ines $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $425,000 0.0% $200 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/21/2023 07/21/23 Price Changed $425,000 -2.9% $200 / Sq Ft
07/15/2023 07/15/23 For Sale $437,500 -- $206 / 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 $5,295 $331,000 $135,000 $196,000
2022 $4,899 $288,000 $107,000 $181,000
2021 $4,353 $266,500 $57,000 $209,500
2020 $3,924 $266,500 $68,600 $197,900
2019 $3,666 $222,000 $45,700 $176,300
2018 $3,174 $202,000 $41,800 $160,200
2017 $3,167 $166,000 $38,000 $128,000
2016 $2,950 $149,500 $38,000 $111,500
2015 $2,651 $127,500 $38,000 $89,500
2014 -- $116,000 $36,600 $79,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6402813

NorthstarMLS

APN: 11-029-24-44-0176