NOT LISTED FOR SALE

Estimated Value: $338,577 - $495,000

5 Beds
2 Baths
2,730 Sq Ft
$155/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $200,000 $73 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,910/month

133 Days on Market

Highlights

  • 0.13 Acre Lot
  • Fireplace
  • Landscaped with Trees
  • Wood Flooring
  • Woodwork
  • Forced Air Heating and Cooling System

About This Home

As of December 2013

Fantastic investment property opportunity! Upper and lower duplex with newly refinished hardwood floors, original built-ins, stained glass, wood burning fireplace. Newly renovated kitchen, flooring and bath for lower unit. Great tenants!

Last Listed By

Angela Carciofini

Edina Realty, Inc. Listed on: 07/22/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,337

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x127
  • Landscaped with Trees

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,730 Sq Ft Home
  • Woodwork
  • Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Block Basement Construction
  • Range

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel
  • The owner pays for lawn, snow, trash, water/sewer

Community Details

Overview

  • 2 Units

Amenities

  • Community Deck or Porch
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,337

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 12/31/2013
  • Taxes With Assessments: 4337
  • Estimated Number of Acres: 0.13
  • Comp Dev Subdiv Name: Cleveland Park Addn to Mpls
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Finished Above Grade Sq Ft: 2730
  • Total Fin Square Footage: 2730

Garage/Parking

  • Number Garage Spaces: 2

Utilities

  • Heat: Fireplace, Forced Air

Condo/Co-op/Association

  • Shared: Deck, Coin-op Laundry Owned, Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Tree Coverage - Medium
  • Estimated Lot Dimensions: 40x127

Rental Info

  • Owner Expense: Lawn, Snow, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Fuel

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 4337

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2014
Sold by
Genter John F and Genter Pauline M
Bought by
Max Genter Llc
Total Days on Market
133
Current Estimated Value
$423,644

Purchase Details

Listed on
Jul 22, 2013
Closed on
Dec 27, 2013
Sold by
Kalb Kelly Ann and Kalb Hans
Bought by
Genter John F and Genter Pauline M
Seller's Agent
Angela Carciofini
Edina Realty, Inc.
Buyer's Agent
Angela Carciofini
Edina Realty, Inc.
List Price
$229,000
Sold Price
$200,000
Premium/Discount to List
-$29,000
-12.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$147,150
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2002
Sold by
Wistrand Michael D and Wistrand Monica S
Bought by
Kalb Kelly A

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
Max Genter Llc -- None Available
Genter John F $196,200 Edina Realty Title Inc
Kalb Kelly A $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Genter John F $147,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2013 12/31/13 Sold $200,000 -12.7% $73 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $229,000 -- $84 / 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 $6,468 $406,000 $77,000 $329,000
2022 $5,583 $395,000 $71,000 $324,000
2021 $5,213 $330,000 $44,000 $286,000
2020 $5,711 $320,500 $23,400 $297,100
2019 $5,340 $320,500 $15,600 $304,900
2018 $4,543 $291,500 $15,600 $275,900
2017 $4,046 $213,000 $14,200 $198,800
2016 $3,634 $185,000 $14,200 $170,800
2015 $4,122 $205,000 $14,200 $190,800
2014 -- $194,500 $11,900 $182,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4510132

REALTOR® Association of Southern Minnesota

APN: 21-029-24-33-0087