NOT LISTED FOR SALE

Estimated Value: $413,000 - $452,000

4 Beds
2 Baths
1,976 Sq Ft
$221/Sq Ft Est. Value

Last Sold January 03, 2023

Last sale price $382,500 $194 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,864/month

64 Days on Market

Highlights

  • Hot Water Heating System
  • Partially Fenced Property
  • 4-minute walk to Franklin Terrace Off Leash Dog Park

About This Home

As of January 2023

Wonderful Opportunity! Rents are $1,400 and $1,575 a month. Great cash flow. This Spacious Duplex has 2- 2 bedroom units, gleaming hardwood floors, tall ceilings and an awesome location. You are in the heart of the Seward neighborhood. . The big lot and the great location allow you the opportunity to add onto the building or build an Alternate Dwelling Unit as well. Not only is this a solid investment, if offers the opportunity to go bigger. $2,975 gross rents!!

Last Agent to Sell the Property

Eric Redlinger

Coldwell Banker Realty Listed on: 10/10/2022

Coldwell Banker Realty

Last Buyer's Agent

Eric Redlinger

Coldwell Banker Realty Listed on: 10/10/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,708

Year Built

  • Built in 1908

Lot Details

  • Lot Dimensions are 40x158.25
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Few Trees

Home Design

  • Pitched Roof

Interior Spaces

  • 1,976 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Hot Water Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, fuel
  • The owner pays for insurance, grounds care, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 3602924110053

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,708

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Other
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1908
  • Above Grade Finished Sq Ft: 1976
  • Water Sewer Expenses: 828
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 1976
  • Fireplace: No
  • Owner Pays: Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Number Of Fireplaces: 0
  • Total Rooms: 5
  • Total Rooms: 5
  • Shared Rooms: Other
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Pitched
  • Fencing: Chain Link, Partial, Wood
  • Neighborhood: Seward
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Open
  • Garage Square Feet: 0
  • Other Parking Spaces: 0
  • Other Parking Spaces: 0

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Waterfront YN: No
  • Lot Size: 40x158.25
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement, Fiber Board
  • Units Total: 2

Rental Info

  • Expenses: 3161.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3602924110053
  • Tax Annual Amount: 5708
  • TaxWithAssessments: 5708.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Fuel, Other
  • WaterfrontFeatures: Other
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Jan 3, 2023
Sold by
Jersey Rose Real Estate Llc
Bought by
Wave Holdings Llc and Clearwater Industries Llc
Seller's Agent
Eric Redlinger
Coldwell Banker Realty
Buyer's Agent
Eric Redlinger
Coldwell Banker Realty
List Price
$400,000
Sold Price
$382,500
Premium/Discount to List
-$17,500
-4.38%
Views
31
Current Estimated Value
$425,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,206
Avg. Annual Appreciation
3.72%

Purchase Details

Listed on
Apr 30, 2013
Closed on
Nov 22, 2013
Seller's Agent
John Schuster
Coldwell Banker Burnet
Buyer's Agent
Eric Redlinger
Coldwell Banker Burnet
List Price
$199,900
Sold Price
$138,500
Premium/Discount to List
-$61,400
-30.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
Original Mortgage
$105,700
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 2013
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 18, 2012
Sold by
Baxley Myron
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jun 4, 2004
Sold by
Dadders Enterprises Llc
Bought by
Baxley Myron

Purchase Details

Closed on
May 30, 2003
Sold by
Paisley Properties Llc
Bought by
Dadder Enterprises Llc

Purchase Details

Closed on
Mar 1, 2003
Sold by
Paisley Properties Llc
Bought by
Dadders Enterprises Llc
Source: Public Records

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
Wave Holdings Llc $382,500 West Title
-- $138,500 --
Jersey Rose Real Estate Llc -- Title One Inc
Federal National Mortgage Association -- None Available
Citimortgage Inc $268,493 --
Citimortgage Inc $268,492 None Available
Baxley Myron $279,900 --
Dadder Enterprises Llc $190,000 --
Dadders Enterprises Llc $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jersey Rose Real Estate Llc $63,300
Previous Owner Jersey Real Estate Llc $105,700
Previous Owner Gonzalez Ruben $189,000
Closed Dadders Enterprises Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2023 01/03/23 Sold $382,500 -4.4% $194 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $400,000 +188.8% $202 / Sq Ft
11/22/2013 11/22/13 Sold $138,500 -30.7% $71 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $199,900 -- $103 / 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 $6,159 $385,000 $143,000 $242,000
2022 $5,708 $347,000 $110,000 $237,000
2021 $4,770 $336,000 $101,000 $235,000
2020 $5,161 $292,000 $82,400 $209,600
2019 $4,819 $292,000 $54,900 $237,100
2018 $4,383 $265,500 $54,900 $210,600
2017 $4,480 $239,000 $49,900 $189,100
2016 $4,533 $234,400 $49,900 $184,500
2015 $3,044 $150,000 $49,500 $100,500
2014 -- $204,000 $49,500 $154,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6270170

NorthstarMLS

APN: 36-029-24-11-0053