NOT LISTED FOR SALE

Estimated Value: $117,000 - $329,000

7 Beds
3 Baths
4,098 Sq Ft
$54/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $98,500 $24 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,471/month

86 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Hot Water Heating System
  • Porch

About This Home

As of March 2024

Huge Triplex with the opportunity to rebuild on a fantastic corner lot. Gross rents were $60,000/yr. Two very large 3 bedroom units, one 1 bedroom unit. Detached 2 car garage. Fire started on the back porch. Close to bus line & just minutes to Downtown Minneapolis.

Last Listed By

Scott Swennes

RE/MAX Results Listed on: 01/02/2024

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • Lot Dimensions are 48x154
  • Corner Lot
  • Few Trees

Parking

  • 2 Car Garage

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Hot Water Heating System
  • Boiler Heating System

Community Details

  • 3 Units
  • Nickels & Smiths Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, fuel
  • The owner pays for grounds care, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 1502924230060

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Apartment
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Patio, Porch
  • Year Built: 1911
  • Above Grade Finished Sq Ft: 3373
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full, Partially Finished
  • Living Area: 4098
  • Below Grade Finished Sq Ft: 725
  • Owner Pays: Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s)
  • Appliances: Range
  • Total Rooms: 6
  • Appliances: Range
  • Total Rooms: 2

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Roof: Asphalt
  • Neighborhood: Hawthorne

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 440

Utilities

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

Schools

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

Lot Info

  • Lot Size: 48x154
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Light
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1502924230060
  • Tax Annual Amount: 4806
  • TaxWithAssessments: 11145.0000

Multi Family

  • TenantPays: Electricity, Fuel
  • Number Of Refrigerators: Three

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2024
Sold by
Brittneykate Properties Llc
Bought by
Kouri Jared
Total Days on Market
86
Current Estimated Value
$223,000

Purchase Details

Closed on
Aug 2, 2018
Sold by
Deim9os Llc
Bought by
Assertive Mpls Propertioes Vi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 13, 2015
Sold by
Korbel Smestad Kathleen
Bought by
Deimos Llc

Purchase Details

Closed on
Apr 18, 2008
Sold by
Deutsche Bank National
Bought by
Korbel Smestad Kathleen

Purchase Details

Closed on
Mar 20, 2003
Sold by
Thompson Nancy M
Bought by
Bohnsack Angela

Purchase Details

Closed on
Nov 1, 2000
Sold by
Warner Joseph
Bought by
Thompson Nancy M

Purchase Details

Closed on
Mar 6, 1998
Sold by
Rahmani Siyamak
Bought by
Fox Michael A and Fox Jennifer S

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Minneapolis, MN

  • 2100 Dupont Ave N, Minneapolis, MN 55411

    $270,000

    • 6 Beds
    • 2 Baths
    • 3,654 Sq Ft
    • 2100 Dupont Ave N
    • Minneapolis, MN

    As Is sale, Investors special. Quick close possible. 6 bedrooms 2 full bathrooms, unfinished basement and walkup attic. Large lot, detached 2 car garage, New windows, forced air heat, weather metal wrap, Buyer accept responsibility for TISH repairs. taxes TBD, Measure buyer/agent to verify. Each unit has 3 bedrooms and full bath, foyer, kitchen, living/dining room with very large windows and

    Sadaqah Jones National Realty Guild

    Section Image
  • 2217 Fremont Ave N, Minneapolis, MN 55411

    $200,000

    • 5 Beds
    • 3 Baths
    • 2,183 Sq Ft
    • 2217 Fremont Ave N
    • Minneapolis, MN

    Exceptional duplex opportunity in a fast-developing pocket of North Minneapolis, just minutes fromdowntown, parks, and major transit. This duplex offers immediate equity potential with a spacious 3 bed 2bath upper unit and a 2 bed 1 bath lower unit—ideal for house hacking or generating steady passiveincome. Key capital improvements already completed include new electrical rough-in, updated

    Anthony Dew Keller Williams Realty Integrity Lakes

    Section Image
  • 3417 Bryant Ave N, Minneapolis, MN 55412

    $245,000

    • 6 Beds
    • 2 Baths
    • 1,824 Sq Ft
    • 3417 Bryant Ave N
    • Minneapolis, MN

    Check out this income producing property. Great potential for owner-occupant/investor opportunity. Live here and rent the other unit for added income or rent both for supplemental income. Separate entrances for units in front and back of home. New furnace, new roof and new electric panels. Cash flow with 3 bedroom units, and stable tenants.

    Charles Adams America's Realty Group LLC

    Section Image
  • 1118 Newton Ave N, Minneapolis, MN 55411

    $184,000

    • 8 Beds
    • 3 Baths
    • 3,903 Sq Ft
    • 1118 Newton Ave N
    • Minneapolis, MN

    Investor special! This condemned triplex offers a total of 8 bedrooms and 3 bathrooms, presenting a major value-add opportunity for the right buyer. Bring your flashlight and vision—this property needs significant work but has strong potential for those ready to renovate. Great chance to restore or reconfigure a multi-unit in the city. Sold as-is.

    Ilya Pidkalyuk HOMESTEAD ROAD

    Section Image
  • 4152 Aldrich Ave N, Minneapolis, MN 55412

    $249,900

    • 5 Beds
    • 3 Baths
    • 2,298 Sq Ft
    • 4152 Aldrich Ave N
    • Minneapolis, MN

    Allow me to introduce you to your new investment property or family home! Located in the new and upcoming Camden neighborhood with nearby restaurants, shopping centers and walking distance to Webber Park. There have been some newer updates made in the lower-level unit including new windows, flooring and carpet. The lower unit has 3 bedrooms with private access and use of the basement. The

    Waikia Jackson Coldwell Banker Realty

    Section Image
  • 615 E 19th St, Minneapolis, MN 55404

    $225,000

    • 6 Beds
    • 2 Baths
    • 4,274 Sq Ft
    • 615 E 19th St
    • Minneapolis, MN

    Incredible view of the Minneapolis skyline in this value-add investor opportunity. Main floor has separate living spaces with shared bath. Roof replaced in late 2024.

    Kari Lundin Keller Williams Realty Integrity

    Section Image
  • 2216 Elliot Ave, Minneapolis, MN 55404

    $275,000

    • 6 Beds
    • 2 Baths
    • 2,808 Sq Ft
    • 2216 Elliot Ave
    • Minneapolis, MN

    Large South Minneapolis Duplex! Great opportunity! It has three bedrooms and one bathroom in each unit. It’s located just minutes from downtown Minneapolis, close to many local restaurants, entertainment venues, schools, and more!

    Chauncy Williams-Barefield Bridge Realty, LLC

    Section Image

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
Kouri Jared $37,500 --
Assertive Mpls Propertioes Vi Llc $175,000 West Title Llc
Deimos Llc $78,000 West Title Llc
Korbel Smestad Kathleen $30,000 --
Bohnsack Angela $258,000 --
Thompson Nancy M $115,000 --
Fox Michael A $66,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kouri Jared $238,875
Previous Owner Assertive Mpls Properties Vi Llc $129,500
Previous Owner Deimos Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $98,500 -8.7% $24 / Sq Ft
03/18/2024 03/18/24 Price Changed $107,900 -0.9% $26 / Sq Ft
03/11/2024 03/11/24 Price Changed $108,900 -0.9% $27 / Sq Ft
01/02/2024 01/02/24 For Sale $109,900 -- $27 / 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 $9,943 $140,000 $14,000 $126,000
2022 $11,145 $196,000 $14,000 $182,000
2021 $2,679 $189,000 $11,000 $178,000
2020 $2,730 $164,000 $12,300 $151,700
2019 $2,396 $145,000 $8,200 $136,800
2018 $2,183 $132,000 $8,200 $123,800
2017 $2,217 $108,000 $7,500 $100,500
2016 $1,254 $103,000 $7,500 $95,500
2015 $1,012 $86,000 $7,500 $78,500
2014 -- $82,000 $9,000 $73,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6473180

NorthstarMLS

APN: 15-029-24-23-0060