NOT LISTED FOR SALE

207 1st Ave SW Austin, MN 55912

Estimated Value: $240,632

6 Beds
2 Baths
2,764 Sq Ft
$87/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $210,000 $76 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,435/month

70 Days on Market

About This Home

As of July 2024

Check out this duplex. Nicely updated. Great investment, strong cash flow. Laundry in each unit. Don't hesitate to schedule your showing today!

Last Agent to Sell the Property

Trent Shipley

Keller Williams Integrity NW Listed on: 02/29/2024

Keller Williams Integrity NW

Last Buyer's Agent

Pam Schmidt

Coldwell Banker River Valley, REALTORS

Coldwell Banker River Valley, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,552

Year Built

  • Built in 1918

Lot Details

  • Lot Dimensions are 117x66
  • Few Trees

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,764 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Natural lighting in basement

Parking

  • Open Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Berrys Add Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, fuel, grounds care, snow removal, trash collection, water
  • The owner pays for insurance, repairs
  • Assessor Parcel Number 340950580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,552

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: None
  • Year Built: 1918
  • Above Grade Finished Sq Ft: 2764
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Full, Unfinished
  • Living Area: 2764
  • Owner Pays: Insurance, Repairs
  • Basement YN: Yes
  • Appliances: Dryer,Gas Water Heater,Range
  • Appliances: Dryer,Gas Water Heater,Range
  • Number Of Fireplaces: 1

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: None
  • ConstructionMaterialsDesc: Block

Garage/Parking

  • Parking Features: Unassigned, Open

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, Other
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Austin
  • SchoolDistrictPhone: 507-460-1900

Lot Info

  • Topography: Level
  • Lot Size: 117x66
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 3000.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 340950580
  • Tax Annual Amount: 2552
  • TaxWithAssessments: 2552.0000

Multi Family

  • TenantPays: All Utilities, Cable TV, Electricity, Fuel, Grounds Care, Snow Removal, Trash Collection, Water
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Jul 17, 2024
Sold by
Thomas Colton and Thomas Abigail
Bought by
Alfaro Jesica
Seller's Agent
Trent Shipley
Keller Williams Integrity NW
Buyer's Agent
Pam Schmidt
Coldwell Banker River Valley, REALTORS
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%
Views
67
Current Estimated Value
$240,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,632
Avg. Annual Appreciation
10.45%
Original Mortgage
$206,196
Outstanding Balance
$203,733
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$36,899

Purchase Details

Closed on
Apr 2, 2021
Sold by
Ebeling Michael and Ebeling Heather
Bought by
Thomas Colton and Thomas Abigail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,875
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2018
Sold by
Kasper Henry D and Kasper Danielle M
Bought by
Ebeling Michael and Ebeling Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2011
Sold by
Rem Woodvale Inc
Bought by
Kasper Henry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,640
Interest Rate
4.77%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alfaro Jesica $210,000 --
Thomas Colton $154,500 North American Title
Ebeling Michael $122,000 North American Title
Kasper Henry D $54,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alfaro Jesica $206,196
Previous Owner Thomas Colton $115,875
Previous Owner Ebeling Michael $91,500
Previous Owner Kasper Henry D $68,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2024 07/17/24 Sold $210,000 +5.1% $76 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $199,900 -- $72 / 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 $1,966 $184,900 $40,000 $144,900
2024 $1,966 $165,400 $40,000 $125,400
2023 $2,460 $156,100 $40,000 $116,100
2022 $2,398 $152,700 $40,000 $112,700
2021 $2,254 $129,900 $31,600 $98,300
2020 $2,162 $119,500 $27,300 $92,200
2018 $872 $109,400 $27,300 $82,100
2017 $1,744 $0 $0 $0
2016 $1,630 $0 $0 $0
2015 $1,418 $0 $0 $0
2012 $1,418 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6491165

NorthstarMLS

APN: 34-095-0580