$1,125,000
SOLD OCT 31, 2022
4 Beds
5 Baths
4,964 Sq Ft
0.46 Acres

Recently Sold

$227 Per Sq Ft

10% Below List Price

Highlights

  • Multiple Garages
  • 1-Story Property
  • Wood Fence
  • 4 Car Attached Garage
  • Forced Air Heating System

About This Home

As of November 2024

Wonderful opportunity to renovate existing all-brick side by side duplex, or to build on the flat .46 acre lot on beautiful, tree-lined Kenwood Parkway. The north unit (1982) includes 2 bedrooms, 3 baths, living/dining room, kitchen, office/den, main floor family room, conservatory, lower level amusement room, and attached oversized two car garage. The south unit (1984) includes 2 bedrooms, 2 baths, living/dining room, kitchen, office/den, lower level amusement room, and detached two car garage. This prime location close to Lake of the Isles, Kenwood Park, and other area amenities, offers a dream urban lifestyle. Alley access on the south and west sides of the property.

Last Agent to Sell the Property

Michael Olafson

Lakes Area Realty Listed on: 09/01/2022

Co-Listed By

Gary Bennett

Lakes Area Realty

Last Buyer's Agent

Alexander Trapp

Keller Williams Premier Realty Lake Minnetonka

Keller Williams Premier Realty Lake Minnetonka

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,133

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 100x161x166x150
  • Wood Fence

Parking

  • 4 Car Attached Garage
  • Multiple Garages
  • Garage Door Opener

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Kenwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2902924440079

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,133

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 4033
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Partially Finished
  • Living Area: 4964
  • Fireplace: No
  • Below Grade Finished Sq Ft: 931
  • Basement YN: Yes
  • Appliances: Dishwasher,Microwave,Range
  • Number Of Fireplaces: 3
  • Total Rooms: 9
  • Appliances: Dishwasher,Microwave,Range
  • Total Rooms: 7
  • Number Of Fireplaces: 2

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Wood
  • ConstructionMaterialsDesc: Brick
  • Neighborhood: Kenwood

Garage/Parking

  • Parking Features: Attached Garage, Detached, Garage Door Opener, Multiple Garages
  • Garage Square Feet: 588
  • Garage Door Height: 7

Utilities

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

Schools

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

Lot Info

  • Lot Size: 100x161x166x150
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2902924440079
  • Tax Annual Amount: 15133
  • TaxWithAssessments: 15133.0000

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2023
Sold by
Tsml Properties Llc
Bought by
Kenwood Parkway Development Llc
Current Estimated Value
$1,970,000

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 27, 2022
Sold by
Amended Revocable Living Trust
Bought by
Tsml Properties Llc
Seller's Agent
Michael Olafson
Lakes Area Realty
Buyer's Agent
Alexander Trapp
Keller Williams Premier Realty Lake Minnetonka
List Price
$1,250,000
Sold Price
$1,125,000
Premium/Discount to List
-$125,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.25%

Purchase Details

Closed on
Feb 24, 2001
Sold by
Wolf Fern B
Bought by
Lehman Sarah and Lehman Ernest K
Source: Public Records

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Range of Values:

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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
Quit Claim Deed $500 None Listed On Document
Deed $1,125,000 --
Warranty Deed $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Closed $1,350,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Sold $2,354,732 -5.8% $529 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
11/08/2022 11/08/22 For Sale $2,500,000 +122.2% $562 / Sq Ft
10/31/2022 10/31/22 Sold $1,125,000 -10.0% $227 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $1,250,000 -- $252 / 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 $7,679 $481,000 $481,000 $0
2022 $15,133 $1,074,000 $480,000 $594,000
2021 $13,140 $983,000 $566,000 $417,000
2020 $13,760 $894,000 $518,000 $376,000
2019 $14,150 $868,000 $518,000 $350,000
2018 $12,685 $868,000 $518,000 $350,000
2017 $11,651 $711,000 $470,900 $240,100
2016 $11,360 $677,000 $470,900 $206,100
2015 $11,253 $644,500 $470,900 $173,600
2014 -- $603,500 $451,600 $151,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6230603

NorthstarMLS

APN: 29-029-24-44-0079