NOT LISTED FOR SALE

Estimated Value: $391,390 - $448,000

6 Beds
4 Baths
2,744 Sq Ft
$157/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $410,000 $149 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,706/month

7 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • 2-minute walk to Merwyn Triangle Park
  • 1-Story Property
  • Wood Fence

About This Home

As of April 2024

Do not miss this opportunity. This clean, side x side Duplex has been very well-maintained and resides inthe sought-after Seward neighborhood of South Minneapolis, conveniently located just off Franklin and26th. There is 1 bedroom up and two bedrooms down, in each unit. Ample-sized galley kitchens boastwindows in each. Other updates include a new garage door opener, new doors on both units, new interior paint over both units and rest of interior throughout, newwindow treatments throughout, new water heater in the 2020 unit, new stainless steel appliances in the2018 unit, new carpet in all Lower Level bedrooms and staircase, both decks refinished, and both furnacesreplaced in 2020. You and your guests will appreciate the additional parking pad just off the garage, andthis location is to be enjoyed. Walk to parks, shops, bookstores, restaurants, and not to mention...theMississippi River. This property will not last long. Welcome home.

Co-Listed By

Ryan O'Neill

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Last Buyer's Agent

Queeta Lopez

Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,751

Year Built

  • Built in 1958

Lot Details

  • Lot Dimensions are 153x40
  • Wood Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Community Details

  • 2 Units
  • Fair Ground Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, fuel, snow removal
  • The owner pays for grounds care, repairs, sewer, trash collection
  • Assessor Parcel Number 3602924120075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,751

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Deck
  • Year Built: 1958
  • Above Grade Finished Sq Ft: 1372
  • Water Sewer Expenses: 1200
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Egress Window(s), Finished, Full
  • Living Area: 2744
  • Below Grade Finished Sq Ft: 1372
  • Owner Pays: Grounds Care, Repairs, Sewer, Trash Collection
  • Basement YN: Yes
  • Amenities: Deck
  • Appliances: Dishwasher,Dryer,Range
  • Total Rooms: 5
  • Amenities: Deck
  • Appliances: Dishwasher,Dryer,Range
  • Total Rooms: 5
  • Shared Rooms: Other
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: Wood
  • ConstructionMaterialsDesc: Block,Timber/Post & Beam,Concrete
  • Neighborhood: Seward
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached, Asphalt, Garage Door Opener, Other, Paved
  • Garage Square Feet: 360
  • Garage Door Height: 16
  • Other Parking Spaces: 2
  • Other Parking Spaces: 2

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Schools

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

Lot Info

  • Lot Size: 153x40
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 3600.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3602924120075
  • Tax Annual Amount: 4751
  • TaxWithAssessments: 4750.5400

Multi Family

  • TenantPays: Electricity, Fuel, Snow Removal
  • ElectricExpense: 1000
  • FuelExpense: 500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 12, 2024
Sold by
Gaal Jordan
Bought by
Franklin Hannah and Franklin Andrew
Buyer's Agent
Queeta Lopez
Real Broker, LLC
List Price
$400,000
Sold Price
$410,000
Premium/Discount to List
$10,000
2.5%
Views
22
Current Estimated Value
$431,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,098
Avg. Annual Appreciation
3.38%
Original Mortgage
$389,500
Outstanding Balance
$383,746
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$47,352

Purchase Details

Closed on
May 29, 2020
Sold by
Furr Martha C and Harris Aaron P
Bought by
Gaal Jordan Terence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,950
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2014
Sold by
Strand Nathaniel A
Bought by
Furr Martha C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2008
Sold by
Hsbc Bank Usa
Bought by
Strand Nathaniel A

Purchase Details

Closed on
Mar 31, 2006
Sold by
Gonzalez Ruben
Bought by
Berberian Ana

Purchase Details

Closed on
Oct 14, 2005
Sold by
Ameriquest Mortgage Co
Bought by
Gonzalez Ruben

Purchase Details

Closed on
Nov 21, 2000
Sold by
Radde John J
Bought by
Radde Jason C and Hoelz Matthew J

Purchase Details

Closed on
Jun 22, 1998
Sold by
Norwest Bank Minnesota
Bought by
Radde John J

Purchase Details

Closed on
May 28, 1995
Sold by
Mcgee Anastasia
Bought by
Laney Darryl E

Purchase Details

Closed on
Sep 16, 1987
Sold by
Hefferan Hugh D
Bought by
Mcgee Anastasia
Source: Public Records

Range of Values:

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Average Value
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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
Franklin Hannah $410,000 --
Gaal Jordan Terence $301,000 Edina Realty Title Inc
Furr Martha C $157,900 Dca Title
Strand Nathaniel A $157,900 --
Berberian Ana $330,000 --
Gonzalez Ruben $210,000 --
Radde Jason C $110,000 --
Radde John J $65,500 --
Laney Darryl E $68,000 --
Mcgee Anastasia $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Hannah $389,500
Previous Owner Gaal Jordan Terence $285,950
Previous Owner Furr Martha C $125,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Sold $410,000 +2.5% $149 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $400,000 -- $146 / 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
2024 $5,035 $352,000 $133,000 $219,000
2023 $4,839 $374,000 $133,000 $241,000
2022 $4,554 $365,000 $106,000 $259,000
2021 $5,242 $335,000 $87,000 $248,000
2020 $5,227 $393,500 $88,500 $305,000
2019 $4,854 $364,500 $59,000 $305,500
2018 $4,347 $331,500 $59,000 $272,500
2017 $4,457 $298,500 $53,600 $244,900
2016 $4,604 $298,500 $53,600 $244,900
2015 $4,151 $260,500 $53,600 $206,900
2014 -- $226,500 $51,900 $174,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6500686

NorthstarMLS

APN: 36-029-24-12-0075