NOT LISTED FOR SALE

Estimated Value: $111,000 - $248,000

7 Beds
2 Baths
2,272 Sq Ft
$86/Sq Ft Est. Value

Last Sold September 21, 2022

Last sale price $109,889 $48 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,282/month

57 Days on Market

About This Home

As of September 2022

Investors, take note! Located in the heart of a growing community, this sizable two-unit property is just waiting for you to restore it to its former glory. With seven current bedrooms and two baths split between the two units, this home has plenty to offer! The first unit boasts four bedrooms, with the second unit consisting of three bedrooms - a rare find! Bring your imagination and paintbrush as you create the space of your dreams and revitalize the property inside and out. There is a possibility with proper permitting to convert the existing attic space to a third residential unit for additional cash flow.Notable highlights include a large lot with yard space, plenty of storage, and a spacious front porch. This unique property is within minutes of Cottage Park, Glen Gale Park, North Commons Park, school, the site of the future Blue Line Extension train, and area businesses making your daily commute more efficient and convenient than ever before! This home would make an excellent.

Last Listed By

Steven Koleno

Beycome Brokerage Realty LLC Listed on: 07/06/2022

Beycome Brokerage Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,098

Home Design

  • Duplex

Interior Spaces

  • 2,272 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 42x122x54x127
  • Well

Community Details

  • 2 Units
  • Forest Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1602924230005

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Other
  • Accessibility Features: Other
  • Water Source: Well
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2272
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Living Area: 2272
  • Fireplace: No
  • Total Rooms: 7

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Roof: Other
  • Neighborhood: Jordan

Garage/Parking

  • Garage Square Feet: 0

Utilities

  • Heating: None
  • Sewer: Other
  • Fuel: Other

Schools

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

Lot Info

  • Lot Size: 42x122x54x127
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 1602924230005
  • Tax Annual Amount: 3000
  • TaxWithAssessments: 9656.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
Crema Investments Llc
Bought by
Pine Financial Group Inc
Total Days on Market
57
Current Estimated Value
$194,332

Purchase Details

Listed on
Jul 6, 2022
Closed on
Sep 20, 2022
Sold by
Champion Property Services Llc
Bought by
Crema Investments Llc
Seller's Agent
Steven Koleno
Beycome Brokerage Realty LLC
Buyer's Agent
Alexa Neterer
RE/MAX Results
List Price
$128,000
Sold Price
$109,889
Premium/Discount to List
-$18,111
-14.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.61%
Original Mortgage
$224,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2022
Closed on
Sep 19, 2022
Sold by
Champion Property Services Llc
Bought by
Crema Investments Llc
Seller's Agent
Steven Koleno
Beycome Brokerage Realty LLC
Buyer's Agent
Alexa Neterer
RE/MAX Results
List Price
$128,000
Sold Price
$109,889
Premium/Discount to List
-$18,111
-14.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2020
Sold by
Klyberg Donald R
Bought by
Champion Property Services Llc

Purchase Details

Closed on
Nov 4, 2019
Sold by
Davidson Evelyn E and Davidson Duff P
Bought by
Klyberg Donald R

Purchase Details

Closed on
Dec 11, 2018
Sold by
Klyberg Annette Beatrice
Bought by
Klyberg Donald Richard

Purchase Details

Closed on
Sep 25, 2015
Sold by
Davidson Evelyn E and Kojetin Evelyn E
Bought by
Klyberg Donald R and Klyberg Annette B

Purchase Details

Closed on
Aug 13, 1997
Sold by
Davidson Evelyn and Duff Kojetin
Bought by
Stendahl Karen and Harding Bruce

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 Buyer Sale Price Title Company
Pine Financial Group Inc $544 None Listed On Document
Crema Investments Llc $109,889 --
Crema Investments Llc $109,888 --
Champion Property Services Llc $85,000 Lendserv National Title
Klyberg Donald R -- None Available
Klyberg Donald Richard -- None Available
Klyberg Donald R -- None Available
Stendahl Karen $27,000 --
-- $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crema Investments Llc $224,000
Closed Stendahl Karen --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2022 09/21/22 Sold $109,889 -6.9% $48 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/16/2022 08/16/22 Price Changed $118,000 -7.8% $52 / Sq Ft
07/06/2022 07/06/22 For Sale $128,000 -- $56 / 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 $10,105 $135,000 $14,000 $121,000
2022 $10,134 $169,000 $14,000 $155,000
2021 $9,656 $143,000 $11,000 $132,000
2020 $9,842 $119,500 $9,900 $109,600
2019 $2,418 $115,000 $6,600 $108,400
2018 $1,652 $100,000 $6,600 $93,400
2017 $1,484 $73,000 $6,000 $67,000
2016 $1,405 $66,500 $6,000 $60,500
2015 $1,177 $58,000 $6,000 $52,000
2014 -- $52,500 $6,000 $46,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6230648

NorthstarMLS

APN: 16-029-24-23-0005