NOT LISTED FOR SALE

Estimated Value: $408,000 - $504,000

9 Beds
3 Baths
2,972 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $462,500 $156 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,089/month

131 Days on Market

Highlights

  • Side Porch
  • Property is Fully Fenced
  • 2-minute walk to East Phillips Park
  • Forced Air Heating System

About This Home

As of March 2024

Investors dream. This up/down duplex is a gem of a property, boasting impeccable maintenance and fully rented units. New AC, 6ft Wood Privacy Fencing, New Light Fixtures Throughout, New Washer/Dryer Hookups, New Tiled Kitchen Backsplashes & Security System installed on the property. Buyers financing fell through at no fault to seller.

Last Agent to Sell the Property

Thomas Wheeler

Home Found Group of Minnesota LLC Listed on: 10/11/2023

Last Buyer's Agent

Monica Kennett

National Realty Guild

National Realty Guild

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,424

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 58x123
  • Property is Fully Fenced
  • Wood Fence

Parking

  • Parking Fee

Home Design

  • Duplex

Interior Spaces

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

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Bathrooms

Additional Features

  • Side Porch
  • Forced Air Heating System

Community Details

  • 2 Units
  • Fosters Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3502924110066

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,424

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Common Laundry
  • Year Built: 1926
  • Above Grade Finished Sq Ft: 2074
  • Water Sewer Expenses: 2400
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full
  • Living Area: 2972
  • Below Grade Finished Sq Ft: 898
  • Basement YN: Yes
  • Appliances: Dishwasher,Gas Water Heater,Range,Stainless Steel Appliances
  • Total Rooms: 3
  • Appliances: Dishwasher,Gas Water Heater,Range,Stainless Steel Appliances
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 9

Exterior Features

  • Roof: Asphalt
  • Fencing: Full, Wood
  • Neighborhood: Ventura Village
  • PatioPorchType: Side Porch

Garage/Parking

  • Parking Features: Parking Lot, More Parking Offsite for Fee

Utilities

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

Schools

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

Lot Info

  • Lot Size: 58x123
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 6576.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3502924110066
  • Tax Annual Amount: 6424
  • TaxWithAssessments: 6661.0000

Multi Family

  • ElectricExpense: 3888
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Mar 15, 2024
Sold by
Contract For Deed Llc
Bought by
Yungan Manya Rebecca
Seller's Agent
Thomas Wheeler
Home Found Group of Minnesota LLC
Buyer's Agent
Monica Kennett
National Realty Guild
List Price
$479,900
Sold Price
$462,500
Premium/Discount to List
-$17,400
-3.63%
Views
182
Current Estimated Value
$459,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,815
Avg. Annual Appreciation
-2.92%
Original Mortgage
$370,000
Outstanding Balance
$365,667
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$77,653

Purchase Details

Listed on
Oct 11, 2023
Closed on
Mar 11, 2024
Sold by
Tully William
Bought by
Contract For Deed Llc
Seller's Agent
Thomas Wheeler
Home Found Group of Minnesota LLC
Buyer's Agent
Monica Kennett
National Realty Guild
List Price
$479,900
Sold Price
$462,500
Premium/Discount to List
-$17,400
-3.63%
Views
182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$365,667
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$77,653

Purchase Details

Closed on
Apr 23, 2020
Sold by
Trio Investments Llc
Bought by
Tully Williams

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2020
Sold by
Fernandez Manuel M Sinche and Sinche Leydy L Vasquez
Bought by
Lakeview Loan Servicing Llc

Purchase Details

Closed on
Jan 21, 2020
Sold by
Fernandez Manuel M Sinche and Sinche Leydy L Vasquez
Bought by
Trio Investments Llc

Purchase Details

Closed on
Jan 6, 2020
Sold by
Lakeview Loan Servicing Llc
Bought by
Molina Wilson Arrmando

Purchase Details

Closed on
Nov 7, 2019
Sold by
Sinche Fernandez Manuel M and Vasquez Sicnhe Leydy L
Bought by
Lakeview Loan Servicing Llc

Purchase Details

Closed on
May 5, 2016
Sold by
Molina Wilson and Lazo Lorena Torres
Bought by
Sinche Fernandez Manuel M and Vasquez Sinche Leydy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,510
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2015
Sold by
City Of Minneapolis
Bought by
Molina Wilson

Purchase Details

Closed on
Apr 17, 2015

Purchase Details

Closed on
Aug 23, 2002
Sold by
Bartels Robert L
Bought by
Kreft Scott
Source: Public Records

Range of Values:

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Average Value
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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
Yungan Manya Rebecca $462,500 --
Contract For Deed Llc $462,500 --
Tully Williams $401,000 Titlenexus Llc
Lakeview Loan Servicing Llc $256,000 None Available
Trio Investments Llc $10,000 Titlenexus Llc
Molina Wilson Arrmando $242,505 None Available
Lakeview Loan Servicing Llc $256,000 None Available
Sinche Fernandez Manuel M $303,000 Watermark Title Agency
Molina Wilson $42,000 None Available
-- $30,200 --
City Of Minneapolis $30,000 None Available
Kreft Scott $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contract For Deed Llc $370,000
Previous Owner Tully Williams $320,000
Previous Owner Sinche Fernandez Manuel M $297,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $462,500 -1.4% $156 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
01/23/2024 01/23/24 Price Changed $469,000 -0.8% $158 / Sq Ft
01/03/2024 01/03/24 Price Changed $472,900 -1.5% $159 / Sq Ft
11/25/2023 11/25/23 For Sale $479,900 0.0% $161 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $479,900 -- $161 / 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 $7,006 $438,000 $48,000 $390,000
2022 $5,603 $399,000 $36,000 $363,000
2021 $5,658 $405,000 $38,000 $367,000
2020 $12,515 $405,000 $49,500 $355,500
2019 $7,252 $504,500 $33,000 $471,500
2018 $6,478 $458,500 $33,000 $425,500
2017 $1,752 $135,500 $30,000 $105,500
2016 $1,856 $96,000 $30,000 $66,000
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6446410

NorthstarMLS

APN: 35-029-24-11-0066