NOT LISTED FOR SALE

202 Nelson Ave Brandon, MN 56315

Estimated Value: $184,000 - $224,000

5 Beds
3 Baths
2,304 Sq Ft
$88/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $83,000 $36 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,167/month

172 Days on Market

About This Home

As of December 2023

3 unit rental with good rental history/vacancy rate and cash flows well. Seller has done some recent improvements including new doors, flooring, new sink, toilets and paint. Property needs some TLC but has excellent cash flow. Fix up one unit at a time, or live in one unit while remodeling and have the other 2 cover expenses. Please allow 24 hrs notice prior to showings.

Last Agent to Sell the Property

Christopher Pinatiello

Edina Realty, Inc. Listed on: 06/07/2023

Edina Realty, Inc.

Last Buyer's Agent

Christopher Pinatiello

Edina Realty, Inc. Listed on: 06/07/2023

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 1901

Lot Details

  • 9,148

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Boiler Heating System
  • Propane

Community Details

  • 3 Units
  • 1St Add To Brandon Subdivision

Listing and Financial Details

  • The owner pays for electricity, fuel, insurance, grounds care, repairs, taxes, water
  • Assessor Parcel Number 660129000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,012

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1901
  • Above Grade Finished Sq Ft: 2304
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Living Area: 2304
  • Owner Pays: Electricity, Fuel, Insurance, Grounds Care, Repairs, Taxes, Water
  • Basement YN: Yes
  • Total Rooms: 2

Beds/Baths

  • Total Bedrooms: 5

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Fuel: Propane

Schools

  • Junior High Dist: Brandon-Evansville
  • SchoolDistrictPhone: 320-524-2263

Lot Info

  • Lot Size: 1
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 3

Rental Info

  • Expenses: 12916.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 660129000
  • Tax Annual Amount: 2012
  • TaxWithAssessments: 2012.0000

Multi Family

  • ElectricExpense: 2148
  • FuelExpense: 4250
  • Resident Manager Expense: 350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Dec 13, 2023
Sold by
Langman Properties Llc
Bought by
Golden Nicole Marie
Seller's Agent
Christopher Pinatiello
Edina Realty, Inc.
Buyer's Agent
Christopher Pinatiello
Edina Realty, Inc.
List Price
$114,900
Sold Price
$83,000
Premium/Discount to List
-$31,900
-27.76%
Views
119
Current Estimated Value
$203,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,687
Avg. Annual Appreciation
52.87%

Purchase Details

Closed on
Mar 31, 2005
Sold by
Thoen Wills A and Thoen Rosalie B
Bought by
Langman James E
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Golden Nicole Marie $83,000 Integrity Title
Langman James E -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2023 12/13/23 Sold $83,000 -15.8% $36 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
09/24/2023 09/24/23 Price Changed $98,550 -1.4% $43 / Sq Ft
08/20/2023 08/20/23 Price Changed $99,900 -4.8% $43 / Sq Ft
07/11/2023 07/11/23 Price Changed $104,900 -8.7% $46 / Sq Ft
06/08/2023 06/08/23 For Sale $114,900 -- $50 / 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
2025 $1,354 $178,600 $12,800 $165,800
2024 $1,354 $111,500 $12,800 $98,700
2023 $2,368 $105,600 $12,800 $92,800
2022 $2,002 $99,600 $12,800 $86,800
2021 $1,796 $91,600 $12,800 $78,800
2020 $1,620 $89,700 $12,800 $76,900
2019 $1,428 $77,400 $12,500 $64,900
2018 $1,354 $77,100 $12,500 $64,600
2017 $1,346 $75,600 $12,500 $63,100
2016 $1,098 $72,459 $12,125 $60,334
2015 $1,084 $0 $0 $0
2014 -- $58,600 $15,200 $43,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6384530

NorthstarMLS

APN: 66-0129-000