NOT LISTED FOR SALE

Estimated Value: $399,000 - $447,000

4 Beds
3 Baths
2,862 Sq Ft
$148/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $410,000 $143 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,833/month

13 Days on Market

Highlights

  • Porch
  • Hot Water Heating System
  • Wood Fence
  • Patio

About This Home

As of March 2024

Multiple offers received! Sellers wish to close showings and choose from the current offers. So many updates on this lovely building. Brand new roof, siding, gutters, fascia. High efficiency combination boiler/water heater for 2nd/3rd floors. 3rd unit is non-conforming and not currently approved by the City of Minneapolis. Sellers have begun this process but have not completed it. 1st floor unit only available for second showings. 24 hour notice required for showings.

Last Listed By

Carol Anderson

RE/MAX Results Listed on: 02/28/2024

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,616

Year Built

  • Built in 1912

Lot Details

  • Lot Dimensions are 40x127
  • Wood Fence
  • Chain Link Fence

Parking

  • 3 Car Garage
  • Insulated Garage
  • Common or Shared Parking
  • Garage Door Opener

Home Design

  • Triplex

Interior Spaces

  • 2,862 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Hot Water Heating System
  • Boiler Heating System
  • Cable TV Available

Community Details

  • 3 Units
  • Cleveland Park Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for grounds care, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 2102924330090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,616

Year Built

Built in 1912

Lot Details

0

Parking

3

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Patio, Porch
  • Year Built: 1912
  • Above Grade Finished Sq Ft: 2862
  • Water Sewer Expenses: 1212
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Unfinished
  • Living Area: 2862
  • Owner Pays: Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Number Of Fireplaces: 0
  • Total Rooms: 6
  • Amenities: Cable,Ceiling Fan(s),Deck,Porch
  • Appliances: Dishwasher,Range
  • Total Rooms: 6
  • Amenities: Cable,Deck,Primary Bedroom Walk-in Closet,Walk-In Closet,Walk-Up Attic
  • Appliances: Dishwasher,Range,Stainless Steel Appliances
  • Total Rooms: 2

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: Chain Link, Wood
  • ConstructionMaterialsDesc: Block,Frame
  • Neighborhood: Harrison
  • PatioPorchType: Deck,Rear Porch

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener, Insulated Garage, Shared Garage/Stall
  • Garage Square Feet: 528
  • Garage Door Height: 7
  • Other Parking Spaces: 1

Utilities

  • Heating: Boiler, Ductless Mini-Split, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Electric,Natural Gas
  • Number of Ranges: Three

Schools

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

Lot Info

  • Topography: Level
  • Lot Size: 40x127
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Engineered Wood, Metal Siding, Stucco
  • Units Total: 3

Rental Info

  • Expenses: 18965.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2102924330090
  • Tax Annual Amount: 5616
  • TaxWithAssessments: 5615.8400

Multi Family

  • TenantPays: Cable TV, Electricity, Gas
  • ElectricExpense: 1620
  • FuelExpense: 1512
  • Resident Manager Expense: 1200
  • Number Of Refrigerators: Three

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Mar 29, 2024
Sold by
Moore Erica and Anderson Carol
Bought by
Lannelongue Field Sebastien
Seller's Agent
Carol Anderson
RE/MAX Results
Buyer's Agent
Chris Lindgren
Keller Williams Realty Integrity Lakes
List Price
$397,000
Sold Price
$410,000
Premium/Discount to List
$13,000
3.27%
Total Days on Market
13
Views
23
Current Estimated Value
$423,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,040
Avg. Annual Appreciation
2.74%
Original Mortgage
$328,000
Outstanding Balance
$324,518
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$98,522

Purchase Details

Listed on
Feb 28, 2024
Closed on
Mar 26, 2024
Sold by
Moore Erica L and Anderson Carol L
Bought by
Field Sebastien Lannelongue
Seller's Agent
Carol Anderson
RE/MAX Results
Buyer's Agent
Chris Lindgren
Keller Williams Realty Integrity Lakes
List Price
$397,000
Sold Price
$410,000
Premium/Discount to List
$13,000
3.27%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Outstanding Balance
$324,518
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$98,522

Purchase Details

Closed on
May 1, 2020
Sold by
Menk Ross and Menk Beth Ann
Bought by
Moore Erica L and Anderson Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,863
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2016
Sold by
Menk Ross and Menk Beth Ann
Bought by
Menk Ross and Menk Beth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2005
Sold by
Bahbah Essam S and Wahbah Cheryl A
Bought by
Ment Ross

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
Lannelongue Field Sebastien $410,000 --
Field Sebastien Lannelongue $410,000 Results Title
Moore Erica L $357,152 Edina Realty Title Inc
Menk Ross -- Titlenexus Llc
Ment Ross $266,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lannelongue Field Sebastien $328,000
Closed Field Sebastien Lannelongue $328,000
Previous Owner Moore Erica L $296,800
Previous Owner Moore Erica L $267,863
Previous Owner Menk Ross $194,000
Previous Owner Menk Ross $60,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $410,000 +3.3% $143 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $397,000 -- $139 / 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 $5,576 $350,000 $77,000 $273,000
2022 $5,312 $350,000 $71,000 $279,000
2021 $4,750 $314,000 $45,000 $269,000
2020 $5,210 $292,000 $23,400 $268,600
2019 $4,870 $292,000 $15,600 $276,400
2018 $3,181 $265,500 $15,600 $249,900
2017 $2,859 $198,500 $14,200 $184,300
2016 $2,510 $172,500 $14,200 $158,300
2015 $2,884 $191,500 $14,200 $177,300
2014 -- $166,500 $11,900 $154,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6495559

NorthstarMLS

APN: 21-029-24-33-0090