NOT LISTED FOR SALE

Estimated Value: $558,000 - $767,779

6 Beds
3 Baths
3,050 Sq Ft
$215/Sq Ft Est. Value

Last Sold October 21, 2013

Last sale price $365,000 $120 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,484/month

7 Days on Market

About This Home

As of October 2013

Well Appointed Triplex in Wedge. Shows well. Separate forced air furnaces in each unit. Separate Electric. Perfect Investment Prop.

Last Listed By

Travis Meldahl

Leverage Realty Listed on: 07/25/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,841

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x134

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 3,050 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,841

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Triplex
  • Assessment Balance: 68
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 10/21/2013
  • Taxes With Assessments: 6841
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3050
  • Total Fin Square Footage: 3050

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40x134

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 3
  • Est Annual Gross Expense: 8500

Tax Info

  • Year: 2013
  • Tax Value: 6841

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2021
Sold by
Leach Brendan
Bought by
Spees Jonathan J and The Spees Living Trust
Total Days on Market
7
Current Estimated Value
$656,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,800
Outstanding Balance
$405,986
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$250,959

Purchase Details

Closed on
Jul 24, 2020
Sold by
Mcleod Alexander Woods and Mcleod Sarah E
Bought by
Leach Brendan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2016
Sold by
Schlaefer Johnathan D
Bought by
Mcleod Alexander Woods and Mcleod Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2013
Closed on
Oct 21, 2013
Sold by
Krishna Holdings Llc
Bought by
Schlaefer Johnathan D
Seller's Agent
Travis Meldahl
Leverage Realty
Buyer's Agent
Karen Schlaefer
RE/MAX Results
List Price
$369,000
Sold Price
$365,000
Premium/Discount to List
-$4,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$390,000
Interest Rate
4.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2013
Sold by
Shree Investments Llc
Bought by
Krishna Holdings Llc

Purchase Details

Listed on
Aug 17, 2012
Closed on
Sep 21, 2012
Sold by
Nationstar Mortgage Llc
Bought by
Shree Investments Llc
Seller's Agent
Robin Sook
Coldwell Banker Burnet
Buyer's Agent
Jeffrey Tate
Coldwell Banker Burnet
List Price
$174,900
Sold Price
$205,500
Premium/Discount to List
$30,600
17.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%

Purchase Details

Closed on
Apr 16, 2012
Sold by
Aurora Loan Services Llc
Bought by
Nationstar Mortgage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2011
Sold by
Thuftedal Ryan B
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jul 12, 2005
Sold by
London Norway Llc
Bought by
Thuftedal Ryan B

Purchase Details

Closed on
Jun 21, 2000
Sold by
Martin Greg
Bought by
Thuftedal Ryan B and Larson Andrew A

Purchase Details

Closed on
Sep 1, 1998
Sold by
Sundell Jeffery Kent
Bought by
Martin Greg and Winter Jill

Purchase Details

Closed on
Nov 13, 1993
Sold by
Pieper Jon J and Pieper Sarah J
Bought by
Sundell Jeffrey K

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
Spees Jonathan J $672,000 Trademark Title Services Inc
Leach Brendan $575,000 Results Title
Mcleod Alexander Woods $435,000 Home Title Inc
Schlaefer Johnathan D $359,000 Midland Title
Schlaefer Johnathan D $359,000 Midland Title
Krishna Holdings Llc -- Midland Title
Shree Investments Llc $205,500 Midland Title
Nationstar Mortgage Llc -- Midland Title
Aurora Loan Services Llc $403,644 --
Thuftedal Ryan B -- Minnesota Title Insurance A
Thuftedal Ryan B $320,000 --
Martin Greg $192,918 --
Sundell Jeffrey K $80,550 --
Sundell Jeffrey K $80,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spees Jonathan J $436,800
Previous Owner Leach Brendan $460,000
Previous Owner Mcleod Alexander Woods $326,250
Previous Owner Schlaefer Johnathan D $390,000
Previous Owner Nationstar Mortgage Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2013 10/21/13 Sold $365,000 -1.1% $120 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $369,000 +79.6% $121 / Sq Ft
09/24/2012 09/24/12 Sold $205,500 +17.5% $67 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
08/17/2012 08/17/12 For Sale $174,900 -- $57 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $9,678 $605,000 $169,000 $436,000
2022 $10,023 $576,000 $156,000 $420,000
2021 $9,638 $590,000 $136,000 $454,000
2020 $10,428 $590,000 $128,400 $461,600
2019 $9,737 $590,000 $85,600 $504,400
2018 $8,866 $536,500 $85,600 $450,900
2017 $8,546 $456,000 $77,800 $378,200
2016 $7,571 $391,500 $77,800 $313,700
2015 $6,908 $340,500 $77,800 $262,700
2014 -- $296,000 $97,400 $198,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4511846

REALTOR® Association of Southern Minnesota

APN: 33-029-24-11-0062