NOT LISTED FOR SALE

2151 140th Ln NW Andover, MN 55304

6 Beds
4 Baths
2,100 Sq Ft
0.42 Acres

Last Sold September 30, 2022

Last sale price $330,000 $157 Per Sq Ft

Highlights

  • 1-Story Property
  • Crooked Lake Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of September 2022

Excellent investment opportunity with this classic one-story side-by-side duplex in great neighborhood and school district. Each unit features 3 bedrooms, and 2 bathrooms. There is the potential to add a 4th bedroom in the basement by adding a wall and egress window. Large lot (just under a half acres) which is partially fenced in by neighboring properties. Each unit has its own forced air (gas) furnace, central A/C, and water heater - all less than 5 years old. Strong cash flow, both sides rented on month-to-month leases.

Last Agent to Sell the Property

Moe Mossa

Savvy Avenue, LLC Listed on: 09/02/2022

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,995

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 96x180
  • Irregular Lot

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, fuel, grounds care, snow removal, trash collection, water
  • The owner pays for insurance, repairs, taxes
  • Assessor Parcel Number 343224210006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,995

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1971
  • Above Grade Finished Sq Ft: 1800
  • Water Sewer Expenses: 600
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 2100
  • Fireplace: No
  • Below Grade Finished Sq Ft: 300
  • Owner Pays: Insurance, Repairs, Taxes
  • Basement YN: Yes
  • Appliances: Range
  • FamilyRoomRoomFeatures: Family Room
  • Number Of Fireplaces: 0
  • Total Rooms: 7
  • Total Rooms: 7

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt
  • Fencing: None

Garage/Parking

  • Parking Features: Asphalt
  • Garage Square Feet: 0

Utilities

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

Schools

  • Junior High Dist: Anoka-Hennepin
  • SchoolDistrictNumber: 11
  • SchoolDistrictPhone: 763-506-1000

Lot Info

  • Lot Size: 96x180
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board
  • Units Total: 2

Rental Info

  • Expenses: 5600.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 343224210006
  • Tax Annual Amount: 3995
  • TaxWithAssessments: 3995.0000

Multi Family

  • TenantPays: 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
Sep 2, 2022
Closed on
Sep 30, 2022
Sold by
Gustafson Jerome and Gustafson Melissa
Bought by
Hemgren Aaron and Hemgren Merissa
Seller's Agent
Moe Mossa
Savvy Avenue, LLC
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$339,900
Sold Price
$330,000
Premium/Discount to List
-$9,900
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$247,500
Outstanding Balance
$238,229
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$128,688

Purchase Details

Closed on
Mar 29, 2021
Sold by
One Home Rental Llc
Bought by
Gustafson Jerome and Gustafson Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2018
Sold by
Fink William C and Fink Gloria L
Bought by
One Home Rental Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 7, 2013
Closed on
Feb 27, 2013
Sold by
Fink William C and Fink Gloria L
Bought by
One Home Rental Llc
Seller's Agent
Richard Ruprecht
Re/Max Results
Buyer's Agent
Erik Brown
RE/MAX Results
List Price
$174,900
Sold Price
$160,000
Premium/Discount to List
-$14,900
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%

Purchase Details

Closed on
Jun 1, 2003
Sold by
Fink William C and Fink Gloria L
Bought by
Phillips David P
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

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $330,000 -2.9% $157 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $339,900 +112.4% $162 / Sq Ft
02/27/2013 02/27/13 Sold $160,000 -8.5% $71 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $174,900 -- $78 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6256725

NorthstarMLS

APN: 34-32-24-21-0006