NOT LISTED FOR SALE

Estimated Value: $856,448 - $1,115,000

4 Beds
2 Baths
4,240 Sq Ft
$235/Sq Ft Est. Value

Last Sold March 01, 2013

Last sale price $540,000 $127 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $6,611/month

160 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Landscaped with Trees
  • Wood Flooring
  • Woodwork
  • Community Deck or Porch

About This Home

As of March 2013

Finally the right combination of : location, size, charm, quality, updates and price for an owner occupant duplex buyer. Wonderful Lowry Hill neighborhood. Nice pvt. deck and yard. Licensed as a duplex with a non conforming 3rd floor unit. Pls. see supp.

Last Listed By

Tod Teeple

RE/MAX Results Listed on: 08/13/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,723

Year Built

  • Built in 1907

Lot Details

  • Lot Dimensions are 50.00 x 135.00
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Metal Siding

Interior Spaces

  • 4,240 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range

Laundry

  • Dryer
  • Washer

Additional Features

  • Property is near public transit
  • Window Unit Cooling System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel
  • The owner pays for janitorial, lawn, maint/repair, snow, trash, water/sewer
  • Assessor Parcel Number 2802924430056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,723

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 132.1
  • Assessments: Yes
  • Construction: Previously Owned
  • Parcel Number: 2802924430056
  • Projected Closed Date: 04/16/2013
  • Taxes With Assessments: 8854.64
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 4240
  • Total Fin Square Footage: 4240

Exterior Features

  • Frontage Road: City
  • Exterior: Metal
  • Exterior Amenities: Driveway - Asphalt

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Condo/Co-op/Association

  • Shared: Deck, Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium
  • Estimated Lot Dimensions: 50.00 X 135.00

Rental Info

  • Owner Expense: Janitorial, Lawn, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Fuel

Building Info

  • Year Built: 1907

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2011
  • Tax Value: 8723

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2012
Closed on
Feb 28, 2013
Sold by
Eiler Judy R A
Bought by
Frenz Peter and Lukkas Lynn
Seller's Agent
Tod Teeple
RE/MAX Results
Buyer's Agent
Tod Teeple
RE/MAX Results
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%
Total Days on Market
160
Current Estimated Value
$994,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,862
Avg. Annual Appreciation
5.11%
Original Mortgage
$400,000
Interest Rate
3.48%
Mortgage Type
New Conventional

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
Frenz Peter -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lukkas Lynn $346,400
Closed Frenz Peter $30,000
Closed Lukkas Lynn $471,000
Closed Frenz Peter $400,000
Previous Owner Eiler Judy A $395,900
Previous Owner Eiler Judy R A $407,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2013 03/01/13 Sold $540,000 -6.1% $127 / Sq Ft
01/20/2013 01/20/13 Pending -- -- --
08/13/2012 08/13/12 For Sale $575,000 -- $136 / 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 $12,515 $784,000 $273,000 $511,000
2022 $12,009 $747,000 $270,000 $477,000
2021 $11,555 $707,000 $288,000 $419,000
2020 $12,133 $706,500 $240,600 $465,900
2019 $12,457 $686,000 $212,100 $473,900
2018 $9,678 $686,000 $212,100 $473,900
2017 $8,858 $562,000 $192,800 $369,200
2016 $8,618 $535,000 $192,800 $342,200
2015 $8,511 $509,000 $192,800 $316,200
2014 -- $442,500 $173,800 $268,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4387289

REALTOR® Association of Southern Minnesota

APN: 28-029-24-43-0056