$460,000
SOLD NOV 22, 2024
7 Beds
2 Baths
2,272 Sq Ft
1901 Built

Recently Sold

$202 Per Sq Ft

18 Days on Market

Highlights

  • Corner Lot
  • Hot Water Heating System
  • 2-minute walk to Merwyn Triangle Park
  • Community Garden
  • Property is Fully Fenced

About This Home

As of November 2024

A gem for owner occupy or investor in Minneapolis Seward neighborhood! Large well maintained units. Great walkable area to parks, transit, restaurants, retail, Seward coop, Augsburg and U of M hospital. 8 blocks south to major retail. Corner lot on street parking and two and a half car garage. Hardwood and tile floors. Lower unit one level living, large kitchen with walk-in pantry and original built-in, Upper unit on two floors and main bedroom with walk-in closet.

Last Agent to Sell the Property

Tim Chambers

Keller Williams Classic Rlty NW Listed on: 10/16/2024

Keller Williams Classic Rlty NW

Last Buyer's Agent

Alena Temple

Boardwalk Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,543

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 40 x 133
  • Property is Fully Fenced
  • Wood Fence
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Rubber Roof

Interior Spaces

  • 2,272 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Bathrooms

Utilities

  • Hot Water Heating System
  • Boiler Heating System
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for taxes, trash collection
  • Assessor Parcel Number 3602924120031

Community Details

Overview

  • 2 Units
  • Fair Ground Add Subdivision

Amenities

  • Community Garden

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,543

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Common Laundry, Common Garden
  • Year Built: 1901
  • Above Grade Finished Sq Ft: 2272
  • Water Sewer Expenses: 2400
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: Yes
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 58 x 22
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 2272
  • Owner Pays: Taxes, Trash Collection
  • Basement YN: Yes
  • Amenities: Main Floor Primary Bedroom,Porch,Tile Floors
  • Appliances: Gas Water Heater,Range,Stainless Steel Appliances
  • Total Rooms: 7
  • Amenities: Primary Bedroom Walk-in Closet,Main Floor Primary Bedroom
  • Appliances: Gas Water Heater,Range,Stainless Steel Appliances
  • Total Rooms: 7

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Rubber
  • Fencing: Full, Wood
  • ConstructionMaterialsDesc: Frame,Stone
  • Neighborhood: Seward
  • PatioPorchType: Front Porch,Rear Porch

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 480
  • Garage Door Height: 7
  • Other Parking Spaces: 1

Utilities

  • Heating: Boiler, Hot Water, Radiator(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Topography: Level
  • Lot Size: 40 x 133
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 11507.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3602924120031
  • Tax Annual Amount: 6543
  • TaxWithAssessments: 7009.5600

Multi Family

  • TenantPays: Cable TV, Electricity, Gas
  • ElectricExpense: 1200
  • FuelExpense: 1500
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2024
Closed on
Nov 22, 2024
Sold by
Chambers Timothy P and Chambers Suzanne K
Bought by
Barter Grace Mcquade and Higgins Colin Thomas
Seller's Agent
Tim Chambers
Keller Williams Classic Rlty NW
Buyer's Agent
Alena Temple
Boardwalk Realty
List Price
$460,000
Sold Price
$460,000
Views
23
Current Estimated Value
$475,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,858
Avg. Annual Appreciation
2.04%
Original Mortgage
$368,000
Outstanding Balance
$366,611
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$99,455

Purchase Details

Closed on
Feb 19, 1998
Sold by
Lindorfer John M
Bought by
Chambers Timothy Paul
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 $460,000 Great North Title
Deed $460,000 --
Warranty Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $368,000 New Conventional
Closed $368,000 New Conventional
Previous Owner $242,375 New Conventional
Previous Owner $23,224 New Conventional
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $460,000 0.0% $202 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $460,000 -- $202 / 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 $7,010 $409,000 $125,000 $284,000
2022 $7,254 $400,000 $97,000 $303,000
2021 $6,976 $427,000 $79,000 $348,000
2020 $7,053 $427,000 $61,700 $365,300
2019 $6,579 $399,000 $41,100 $357,900
2018 $5,987 $362,500 $41,100 $321,400
2017 $6,119 $326,500 $37,400 $289,100
2016 $6,313 $326,500 $37,400 $289,100
2015 $5,803 $286,000 $37,400 $248,600
2014 -- $248,500 $39,800 $208,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6617126

NorthstarMLS

APN: 36-029-24-12-0031