1907 3rd St NE Minneapolis, MN 55418
Bottineau NeighborhoodEstimated Value: $277,892 - $384,000
4
Beds
2
Baths
1,632
Sq Ft
$203/Sq Ft
Est. Value
About This Home
As of July 2022Nice investment for an owner-occupant or investor. This house has two updated units with separate gas and electric meters. The upstairs and downstairs units each have two bedrooms, eat-in kitchen, separate laundry area with washer and dryer, own furnace and water heater inside units for easy maintenance. This house has twelve years of solid rental history with up-to-date rental license. The up unit is rented to one person until 5/31/2023 paying $1410 per month. The downstairs unit was rented for $1345 until last month, and will be delivered vacant. There is a small cellar with only a water meter. Windows are newer and the roof is 12 years old. Partial vinyl siding. Huge yard. Heart of the Mpls Arts District and a short walk to the Mississippi River and many trendy restaurants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,100
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 49x165
- Irregular Lot
Home Design
- Duplex
Interior Spaces
- 1,632 Sq Ft Home
- 2-Story Property
- Partial Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Forced Air Heating System
Community Details
- 2 Units
- Bottineaus 2Nd Add Town Of St Subdivision
Listing and Financial Details
- Tenant pays for electricity, fuel
- Assessor Parcel Number 1102924330051
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 10, 2022
Closed on
Jul 14, 2022
Sold by
Sandra Kim
Bought by
Kibira Isaya F
Seller's Agent
Ryan Luthi
eXp Realty
Buyer's Agent
Mari Koplin
Verve Realty
List Price
$319,000
Sold Price
$326,500
Premium/Discount to List
$7,500
2.35%
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,223
Avg. Annual Appreciation
0.55%
Original Mortgage
$310,175
Outstanding Balance
$298,688
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$33,035
Purchase Details
Closed on
Oct 12, 2011
Sold by
Accurate Solutions Llc
Bought by
Kim Sandra
Purchase Details
Closed on
Nov 23, 2004
Sold by
Rogers Lynn L
Bought by
Eichols Jimmie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
5.71%
Mortgage Type
New Conventional
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kibira Isaya F | $326,500 | Executive Title | |
| Kim Sandra | $60,000 | None Available | |
| Accurate Solutions Llc | $55,000 | Midwest Guaranty Title Compa | |
| Eichols Jimmie L | $178,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kibira Isaya F | $310,175 | |
| Previous Owner | Kim Sandra | $150,500 | |
| Previous Owner | Kim Sandra | $220,000 | |
| Previous Owner | Echols Jimmie L | $142,400 | |
| Previous Owner | Echols Jimmie L | $35,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2022 07/15/22 | Sold | $326,500 | +2.4% | $200 / Sq Ft |
| 06/10/2022 06/10/22 | Pending | -- | -- | -- |
| 06/10/2022 06/10/22 | For Sale | $319,000 | -- | $195 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,528 | $281,000 | $116,000 | $165,000 |
| 2022 | $4,100 | $280,000 | $108,000 | $172,000 |
| 2021 | $3,349 | $226,000 | $70,000 | $156,000 |
| 2020 | $3,055 | $188,500 | $28,700 | $159,800 |
| 2019 | $3,139 | $157,000 | $19,100 | $137,900 |
| 2018 | $2,595 | $157,000 | $19,100 | $137,900 |
| 2017 | $2,729 | $123,000 | $17,400 | $105,600 |
| 2016 | $2,609 | $112,000 | $17,400 | $94,600 |
| 2015 | $2,361 | $93,500 | $17,400 | $76,100 |
| 2014 | -- | $85,000 | $24,800 | $60,200 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Luthi
Seller's Agent in 2022
Ryan Luthi
eXp Realty
(612) 406-6020
1 in this area
125 Total Sales
-
Barbara Nading
Seller Co-Listing Agent in 2022
Barbara Nading
eXp Realty
(952) 905-1020
1 in this area
83 Total Sales
-
Mari Koplin
Buyer's Agent in 2022
Mari Koplin
Verve Realty
(612) 702-4858
1 in this area
72 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6217325
APN: 11-029-24-33-0051
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