NOT LISTED FOR SALE

Estimated Value: $343,000 - $461,000

6 Beds
2 Baths
2,102 Sq Ft
$199/Sq Ft Est. Value

Last Sold June 03, 2014

Last sale price $232,500 $111 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,849/month

8 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Landscaped with Trees
  • Vaulted Ceiling
  • Walk-In Closet
  • 3-minute walk to Merwyn Triangle Park

About This Home

As of June 2014

Excellent Investment Walking Distance to Augsburg & U of M. Busline Steps away. Great Positive Cash-Flow Hardwood Floors, 10 ft. ceilings. Add Equity & Increase rents with any cosmetic improvements. Huge open attic great master suite potential.

Last Agent to Sell the Property

Jason Reed

RE/MAX Results Listed on: 04/24/2014

Last Buyer's Agent

Jason Reed

RE/MAX Results Listed on: 04/24/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,415

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40x158
  • Landscaped with Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • Walk-In Closet
  • 2,102 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Additional Features

  • Property is near public transit
  • Boiler Heating System

Community Details

  • 2 Units
  • Gross Income $600

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for lawn, maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,415

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 211
  • Assessments: Yes
  • Construction: Previously Owned
  • Projected Closed Date: 05/30/2014
  • Taxes With Assessments: 4626
  • Estimated Number of Acres: 0.15
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2102
  • Total Fin Square Footage: 2102

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Wood
  • Exterior Amenities: Driveway - Asphalt

Utilities

  • Heat: Boiler

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium
  • Estimated Lot Dimensions: 40x158

Rental Info

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

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 4209
  • Est Annual Gross Income: 600

Tax Info

  • Year: 2013
  • Tax Value: 4415

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Schroeder Dustin J
Bought by
Simmonds Victoria
Total Days on Market
8
Current Estimated Value
$418,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,250
Outstanding Balance
$291,100
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$126,955

Purchase Details

Closed on
Mar 29, 2011
Sold by
Prudoehl Matthew R
Bought by
Vevea Lyle W
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 Buyer Sale Price Title Company
Simmonds Victoria $427,000 Minnesota Title
Vevea Lyle W -- None Available
Simmonds Victoria Victoria $427,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmonds Victoria $320,250
Previous Owner Schroeder Dustin James $222,060
Previous Owner Schroeder Dustin J $120,000
Closed Simmonds Victoria Victoria $320,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2014 06/03/14 Sold $232,500 +1.3% $111 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $229,500 -- $109 / 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 $6,142 $384,000 $136,000 $248,000
2022 $5,326 $337,000 $103,000 $234,000
2021 $5,122 $313,500 $96,000 $217,500
2020 $5,435 $313,500 $77,600 $235,900
2019 $5,073 $307,500 $51,700 $255,800
2018 $4,621 $279,500 $51,700 $227,800
2017 $4,723 $252,000 $47,000 $205,000
2016 $4,873 $252,000 $47,000 $205,000
2015 $4,717 $232,500 $47,000 $185,500
2014 -- $211,000 $47,000 $164,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4606745

REALTOR® Association of Southern Minnesota

APN: 36-029-24-12-0014