NOT LISTED FOR SALE

Estimated Value: $464,000 - $599,000

5 Beds
3 Baths
2,698 Sq Ft
$206/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $315,000 $117 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,905/month

42 Days on Market

Highlights

  • 0.2 Acre Lot
  • 2 Car Detached Garage
  • Community Deck or Porch
  • Sauna
  • Patio
  • Wood Siding

About This Home

As of June 2014

Amazing NE Duplex. Remodel on main including,granite,stain appl,new cabinet & flooring. 3BD, 2BA main & lower. 2BD, 1BA upper. Finished porches both levels. Unfinished attic ready for expansion. Large private bkyrd w/new landscaping,driveway & 2car garage

Last Agent to Sell the Property

David Alberg

Berkshire Hathaway HomeServices Lovejoy Realty Listed on: 05/15/2014

Co-Listed By

Douglas Lake

Berkshire Hathaway HomeServices Lovejoy Realty

Last Buyer's Agent

Nathan Plasch

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,928

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 55x165

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2,698 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Window Unit Cooling System
  • Boiler Heating System

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for water/sewer

Community Details

Overview

  • 2 Units

Amenities

  • Community Deck or Porch
  • Sauna

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,928

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Style: Duplex - Up & Down
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 06/30/2014
  • Taxes With Assessments: 2928
  • Estimated Number of Acres: 0.2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2698
  • Total Fin Square Footage: 2698

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Stucco, Wood
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Concrete, Driveway - Shared

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Boiler

Condo/Co-op/Association

  • Shared: Patio, Porch, Sauna

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 55x165

Rental Info

  • Owner Expense: Water/Sewer
  • Tenant Expense: Electric, Fuel

Building Info

  • Year Built: 1920

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 2928

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2014
Closed on
Jun 30, 2014
Sold by
Warhol Joseph S
Bought by
Koelln Jacob J
Seller's Agent
David Alberg
Berkshire Hathaway HomeServices Lovejoy Realty
Buyer's Agent
Nathan Plasch
Edina Realty, Inc.
List Price
$324,900
Sold Price
$315,000
Premium/Discount to List
-$9,900
-3.05%
Total Days on Market
42
Current Estimated Value
$555,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,951
Avg. Annual Appreciation
5.34%
Original Mortgage
$309,294
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2005
Sold by
Fisher Joseph John
Bought by
Warhol Joseph S
Source: Public Records

Similar Homes in Minneapolis, MN

  • 2707 Fremont Ave S, Minneapolis, MN 55408

    $535,000

    • 5 Beds
    • 4 Baths
    • 2,385 Sq Ft
    • 2707 Fremont Ave S
    • Minneapolis, MN

    Fantastic opportunity to own a multi-family property in the East Lowry Hill neighborhood! This property features three distinct units; a cozy studio, a one-bedroom, and a three-bedroom unit, offering flexibility for owner-occupants or investors. Recent updates include a new boiler, new water main, and a newer water heater, ensuring efficiancy and peace of mind. The property also boasts a fenced

    Luke DeLacey Coldwell Banker Realty

    Section Image
  • 2925 Sunset Blvd, Minneapolis, MN 55416

    $590,000

    • 4 Beds
    • 2 Baths
    • 3,687 Sq Ft
    • 2925 Sunset Blvd
    • Minneapolis, MN

    LOCATION, LOCATION, LOCATION! This high-demand duplex is a cash-flowing dream with incredible potential. Zoned as a duplex, it also features a possible third unit in the basement—just add zoning and egress for even more income! Previously owner-occupied with no current rent rolls, this is the perfect chance to set your own rates. The property boasts a spacious fenced backyard and patio, ideal for

    Melissa Clawson eXp Realty

    Section Image
  • 4752 Lyndale Ave S, Minneapolis, MN 55419

    $649,000

    • 6 Beds
    • 2 Baths
    • 3,368 Sq Ft
    • 4752 Lyndale Ave S
    • Minneapolis, MN

    Stunning and well kept Craftsman-era duplex available for the first time in over 35 years. Pride of ownership shines in this period correct beauty- hardwood floors, stunning millwork, pristine original dining room built-ins, and countless other details expected in a 19020's duplex. Recent updates include brand new roof, gutters, rebuilt front stoop, and updated mechanicals. Amazing location

    Andrea Vorachek Keller Williams Realty Integrity

    Section Image
  • 2204 2nd St NE, Minneapolis, MN 55418

    $435,000

    • 5 Beds
    • 2 Baths
    • 2,164 Sq Ft
    • 2204 2nd St NE
    • Minneapolis, MN

    Welcome to this nicely updated large duplex in the Northeast Arts District. Highlights include beautiful original hardwood floors, updated kitchens, baths, brand new roof, newer windows. Future expansion potential in large unfinished 3rd level! Solid mechanicals, breaker panels, and separate utilities. Covered front porch and side porch, main floor bonus office, and 4 off street parking spots.

    Jim Dropps Northeast Real Estate Group

    Section Image
  • 135 16th Ave NE, Minneapolis, MN 55413

    $650,000

    • 7 Beds
    • 4 Baths
    • 3,584 Sq Ft
    • 135 16th Ave NE
    • Minneapolis, MN

    Rare Opportunity in Northeast Minneapolis – Well-Maintained 4-Plex in the Heart of the Arts District. Don’t miss this exceptional investment opportunity in one of Minneapolis’ most sought-after neighborhoods. This solidly built 4-plex is ideally located in the vibrant Northeast Arts District—just steps from scenic walking and biking trails and some of the city’s most popular restaurants, cafes,

    Ronald Long RE/MAX Results

    Section Image
  • 2538 Jefferson St NE, Minneapolis, MN 55418

    $424,900

    • 4 Beds
    • 2 Baths
    • 2,130 Sq Ft
    • 2538 Jefferson St NE
    • Minneapolis, MN

    Historic Northeast Minneapolis Duplex – Unbeatable Charm with Vibrant PotentialA rare opportunity in the heart of Northeast Minneapolis’ Holland neighborhood, this 1916 duplex has been owned by only its second owner. Being owner-occupied its entire life, ensures it has been lovingly maintained and kept in excellent condition. The unfinished attic and basement offer endless possibilities for

    Adrianna Lonick Coldwell Banker Realty

    Section Image
  • 2320 Quincy St NE, Minneapolis, MN 55418

    $579,900

    • 5 Beds
    • 3 Baths
    • 2,784 Sq Ft
    • 2320 Quincy St NE
    • Minneapolis, MN

    Welcome to 2320 Quincy Street NE—a beautifully maintained triplex nestled in the heart of the vibrant Northeast Arts District. This versatileproperty offers five bedrooms and three bathrooms across three units. With a strong rental history on short-term rental platforms, this home offersexcellent income potential for anyone looking to offset their mortgage. Step inside to find a tasteful blend of

    Geoffrey Serdar Lakes Sotheby's International Realty

    Section Image
  • 1510 Grand St NE, Minneapolis, MN 55413

    $499,900

    • 5 Beds
    • 2 Baths
    • 2,070 Sq Ft
    • 1510 Grand St NE
    • Minneapolis, MN

    Cute duplex located in the heart of Northeast Minneapolis! This duplex contains 2 dwelling units that are vertically stacked - each unit featuring 2 points of entry (front and side), 3 bedrooms, 1 full bathroom, full kitchen, and spacious living room. Both units share the attic and basement for additional storage. A communal laundry area is located in the basement. The duplex's location is near

    Carlos Bunay National Realty Guild

    Section Image
  • 669 13th Ave NE, Minneapolis, MN 55413

    $487,500

    • 5 Beds
    • 2 Baths
    • 2,635 Sq Ft
    • 669 13th Ave NE
    • Minneapolis, MN

    Nestled in the heart of the vibrant Northeast Minneapolis Arts District, 669 13th Ave NE offers a unique blend of historic charm and modern updates. This spacious duplex, built in 1900, boasts 2,635 square feet of living space, with 5 bedrooms and 2 bathrooms, and has been thoughtfully renovated for comfort and convenience.The property features a stunning front Palladian window, adding

    Team Erickson Weichert, Realtors-Advantage

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Koelln Jacob J $315,000 Midwest Preferred Title Llc
Warhol Joseph S $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koelln Jacob J $274,216
Closed Koelln Jacob J $302,217
Closed Koelln Jacob J $308,690
Closed Koelln Jacob J $309,294
Previous Owner Warhol Joseph S $230,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $315,000 -3.0% $117 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $324,900 -- $120 / 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 $9,404 $560,000 $143,000 $417,000
2022 $8,750 $531,000 $129,000 $402,000
2021 $6,551 $487,000 $87,000 $400,000
2020 $5,798 $401,000 $72,600 $328,400
2019 $4,991 $401,000 $48,400 $352,600
2018 $4,476 $340,000 $48,400 $291,600
2017 $3,925 $266,500 $44,000 $222,500
2016 $4,056 $266,500 $44,000 $222,500
2015 $3,098 $202,000 $44,000 $158,000
2014 -- $181,000 $44,000 $137,000
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4619209

REALTOR® Association of Southern Minnesota

APN: 11-029-24-34-0054