Seller's Agent in 2022
Michael Kootsikas
Northstar Real Estate Associates
(612) 834-2558
1 in this area
130 Total Sales
2210 10th Ave S Minneapolis, MN 55404
Ventura Village NeighborhoodEstimated Value: $304,000 - $402,000
5
Beds
2
Baths
2,788
Sq Ft
$123/Sq Ft
Est. Value
Highlights
- Porch
- Partially Fenced Property
- 5-minute walk to Peavey Field Park
About This Home
As of November 2022This duplex is perfect for an owner occupant or an investor since it has great cash flow potential! Both units are now vacant. The main level is a 2 bed, 1 bath unit that was being rented for $1,200 / month plus an additional $200 / month going towards the gas and electrical costs. The upper unit is a 3 bed, 1 bath unit with an additional story above that is an extra-large family room. The top unit was rented for $1,500 / month plus an additional $200 / month going towards the gas and electrical costs. The annual gross income was $32,400! The basement has a bath with additional finished square footage that is being used for storage. There is a large parking pad behind the house and each unit has 1 stall in the detached garage. Each unit has a spacious kitchen with plenty of cabinets. This duplex is ready for you!
Last Agent to Sell the Property
Northstar Real Estate Associates Listed on: 07/13/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,350
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 48x144
- Partially Fenced Property
- Wire Fence
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Duplex
Interior Spaces
- 2-Story Property
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Additional Features
- Porch
- Boiler Heating System
Community Details
- 2 Units
- Jones Bell & Harris Add Subdivision
Listing and Financial Details
- The owner pays for electricity, insurance, taxes, trash collection, water
- Assessor Parcel Number 3502924210128
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2022
Closed on
Nov 11, 2022
Sold by
Vasudevan Govindarajan
Bought by
Wenzel Mitchell K and Cox Galen L
Seller's Agent
Michael Kootsikas
Northstar Real Estate Associates
Buyer's Agent
Jason Huerkamp
Keller Williams Preferred Rlty
List Price
$324,900
Sold Price
$300,000
Premium/Discount to List
-$24,900
-7.66%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,839
Avg. Annual Appreciation
4.82%
Original Mortgage
$294,566
Outstanding Balance
$285,415
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$58,424
Purchase Details
Closed on
Oct 21, 2020
Sold by
Lazo Cristobal and Zegarra Nelly
Bought by
Vasudevan Govindarajan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 26, 2003
Sold by
Jara Carlos R and Jara Teresa M
Bought by
Lazo Cristobal
Purchase Details
Closed on
Mar 18, 2002
Sold by
Bell Richard M
Bought by
Jara Carlos R and Jara Teresa M
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wenzel Mitchell K | -- | Minnesota Title | |
| Vasudevan Govindarajan | $278,000 | Title Specialists Inc | |
| Lazo Cristobal | $239,900 | -- | |
| Jara Carlos R | $130,000 | -- | |
| Vasudevan Govindarajan Govindarajan | $278,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wenzel Mitchell K | $294,566 | |
| Previous Owner | Vasudevan Govindarajan | $208,500 | |
| Closed | Wenzel Mitchell K | $12,500 | |
| Closed | Vasudevan Govindarajan Govindarajan | $278,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2022 11/14/22 | Sold | $300,000 | 0.0% | $108 / Sq Ft |
| 10/07/2022 10/07/22 | Pending | -- | -- | -- |
| 09/27/2022 09/27/22 | Price Changed | $299,900 | -4.8% | $108 / Sq Ft |
| 08/16/2022 08/16/22 | Price Changed | $314,900 | -3.1% | $113 / Sq Ft |
| 07/13/2022 07/13/22 | For Sale | $324,900 | -- | $117 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,633 | $327,000 | $58,000 | $269,000 |
| 2023 | $4,289 | $335,000 | $47,000 | $288,000 |
| 2022 | $5,130 | $294,000 | $36,000 | $258,000 |
| 2021 | $3,600 | $302,000 | $37,000 | $265,000 |
| 2020 | $3,475 | $262,500 | $38,600 | $223,900 |
| 2019 | $3,212 | $252,500 | $25,700 | $226,800 |
| 2018 | $2,636 | $229,500 | $25,700 | $203,800 |
| 2017 | $2,416 | $175,500 | $23,400 | $152,100 |
| 2016 | $2,782 | $175,500 | $23,400 | $152,100 |
| 2015 | $2,553 | $155,500 | $23,400 | $132,100 |
| 2014 | -- | $148,000 | $23,400 | $124,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Kootsikas
-
Jason Huerkamp
Buyer's Agent in 2022
Jason Huerkamp
Keller Williams Preferred Rlty
(612) 314-6330
3 in this area
1,515 Total Sales
-
Andrew Coates
A
Buyer Co-Listing Agent in 2022
Andrew Coates
Keller Williams Preferred Rlty
(952) 746-9696
1 in this area
126 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6234648
APN: 35-029-24-21-0128
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