$480,000
SOLD JUN 30, 2025
7 Beds
2 Baths
2,764 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$174 Per Sq Ft

1% Above List Price

82 Days on Market

About This Home

As of June 2025

Your next investment property! High quality building in excellent condition with great rents! Grand curb appeal at this four-level up-down duplex with both units rented. 4 bed+den and 3 bed. Upper level unit is two stories, on the second and third levels. Front and rear entries to each unit. Each unit has its own large porch. Large windows fill the building with natural light! Spacious rooms, hardwood floors, built-ins & buffets, stone/granite counters, stainless steel appliances, dishwashers, tiled bathrooms, storm doors, maintenance-free vinyl siding, and more! NEW: roof, gutters, siding, window trim wrap, upgraded foundation posts from wood to be steel and with new footings, some appliances, and other regular maintenance and improvements! Unfinished basement has great ceiling height, and is common space with laundry and storage. Tons of off-street parking. Separate boilers. Gas and Electric are metered separately per unit, paid by tenants. Active rental license. Professionally managed. TISH completed with no required repairs. Rents are $1,800 and $1,695 per month. Quiet street, and in a demand and convenient location!

Last Agent to Sell the Property

Benjamin Dzurik

Keller Williams Premier Realty Lake Minnetonka Listed on: 02/14/2025

Keller Williams Premier Realty Lake Minnetonka

Co-Listed By

Alex Dzuirk

Keller Williams Premier Realty Lake Minnetonka

Last Buyer's Agent

Theo Lorenz

Lakes Area Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,550

Year Built

  • Built in 1908

Lot Details

  • Lot Dimensions are 128x40x128x40

Home Design

  • Duplex
  • Pitched Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Hot Water Heating System
  • Boiler Heating System

Community Details

  • 2 Units
  • Badger & Penneys Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for sewer, taxes, trash collection
  • Assessor Parcel Number 3402924220082

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,550

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1908
  • Above Grade Finished Sq Ft: 2764
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Storage Space, Unfinished
  • Living Area: 2764
  • Owner Pays: Sewer, Taxes, Trash Collection
  • Basement YN: Yes
  • Total Rooms: 7
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • Neighborhood: Whittier
  • PatioPorchType: Covered,Front Porch,Porch

Garage/Parking

  • Parking Features: Driveway - Other Surface
  • Garage Square Feet: 0

Utilities

  • Heating: Boiler, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 128x40x128x40
  • Land Lease: No
  • 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: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3402924220082
  • Tax Annual Amount: 7550
  • TaxWithAssessments: 7550.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Gas
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2025
Closed on
Jun 18, 2025
Sold by
Maurel Residence Trust and Maurel Julien F
Bought by
Ribet Elizabeth
Seller's Agent
Benjamin Dzurik
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
Theo Lorenz
Lakes Area Realty
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.14%
Original Mortgage
$456,000
Outstanding Balance
$455,615
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$19,099

Purchase Details

Closed on
May 3, 2023
Sold by
Maurel Julien and Maurel Whitney
Bought by
Maurel Residence Trust

Purchase Details

Listed on
Jul 23, 2022
Closed on
Oct 7, 2022
Sold by
Merz William J and Merz Katherine
Bought by
Maurel Julien
Seller's Agent
Bradley Szmiot
RE/MAX Results
Buyer's Agent
Alex Dzuirk
Keller Williams Premier Realty Lake Minnetonka
List Price
$499,900
Sold Price
$454,900
Premium/Discount to List
-$45,000
-9%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.46%
Original Mortgage
$124,900
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2011
Sold by
Hibernia Properties Llc
Bought by
Merz William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2000
Sold by
Christensen Scott D and Christensen Maren F
Bought by
Obrien Heather B

Purchase Details

Closed on
May 30, 1997
Sold by
Calof Joan
Bought by
Christensen Scott D and Christensen Maren F
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $480,000 Executive Title Services
Quit Claim Deed $454,900 None Listed On Document
Warranty Deed $454,900 Commercial Partners Title
Warranty Deed $254,000 Land Title Inc
Warranty Deed $250,000 --
Warranty Deed $121,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $456,000 New Conventional
Previous Owner $124,900 New Conventional
Previous Owner $203,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $480,000 +1.1% $174 / Sq Ft
05/14/2025 05/14/25 Pending -- -- --
02/21/2025 02/21/25 For Sale $475,000 +4.4% $172 / Sq Ft
10/07/2022 10/07/22 Sold $454,900 -2.2% $165 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/15/2022 08/15/22 Price Changed $464,900 -7.0% $168 / Sq Ft
07/23/2022 07/23/22 For Sale $499,900 -- $181 / 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 $7,550 $472,000 $165,000 $307,000
2022 $7,152 $478,000 $165,000 $313,000
2021 $7,417 $421,000 $130,000 $291,000
2020 $7,747 $454,000 $104,300 $349,700
2019 $7,254 $420,500 $69,500 $351,000
2018 $6,234 $391,000 $69,500 $321,500
2017 $6,372 $340,000 $63,200 $276,800
2016 $6,033 $312,000 $63,200 $248,800
2015 $4,574 $284,000 $63,200 $220,800
2014 -- $247,000 $63,200 $183,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6647523

NorthstarMLS

APN: 34-029-24-22-0082