$579,900
SOLD JUN 25, 2024
8 Beds
5 Baths
3,150 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$184 Per Sq Ft

9 Days on Market

About This Home

As of June 2024

Triplex in walkable neighborhood close to shopping, restaurants, coffee shops...and minutes to Lake of the Isles, Uptown, Downtown. Long Term owner with no vacancy in 12 years of ownership. Recent improvements include new roof in 2024 and new furnace installed late 2023. Unit One (main floor): 3BR/1 1/2 Baths with great lighting and flooring rents for $1750 per month. Unit Two is 3BR/1 1/2 Bath rents for $1,800. Unit 3 is 2BR/1Bath for $1,230 a month. Tenants pay own utilities. If you are interested in owner occupancy, Unit 2 is M2M and the garage currently M2M. This property has a heated bonus room in the basement that could be an office, art studio, etc.. and has rented for $200/month in the past.

Last Agent to Sell the Property

Kevin Powell

Lakes Area Realty G.V. Listed on: 05/09/2024

Last Buyer's Agent

Nicholas Hall

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,324

Year Built

  • Built in 1909

Lot Details

  • Lot Dimensions are 40 x 118.7

Parking

  • 2 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 3,150 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • 3 Units
  • Badger & Penneys 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3402924220183

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,324

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1909
  • Above Grade Finished Sq Ft: 3150
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Living Area: 3150
  • Basement YN: Yes
  • Total Rooms: 7
  • Total Rooms: 7
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Neighborhood: Whittier

Garage/Parking

  • Garage Square Feet: 200

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Electric,Natural Gas

Schools

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

Lot Info

  • Lot Size: 40 X 118.7
  • Land Lease: No
  • Additional Parcels: No
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3402924220183
  • Tax Annual Amount: 8324
  • TaxWithAssessments: 8324.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 21, 2024
Sold by
Brunner Bruce and Miller Donna
Bought by
Clinard Alan and Clinard Michele
Seller's Agent
Kevin Powell
Lakes Area Realty G.V.
Buyer's Agent
Nicholas Hall
Coldwell Banker Realty
List Price
$579,900
Sold Price
$579,900
Views
4
Current Estimated Value
$570,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,206
Avg. Annual Appreciation
1.55%
Original Mortgage
$434,925
Outstanding Balance
$430,207
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$160,611

Purchase Details

Listed on
May 9, 2024
Closed on
May 21, 2024
Sold by
Brunner Bruce and Minter Donna
Bought by
Brunner Bruce
Seller's Agent
Kevin Powell
Lakes Area Realty G.V.
Buyer's Agent
Nicholas Hall
Coldwell Banker Realty
List Price
$579,900
Sold Price
$579,900
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,925
Outstanding Balance
$430,207
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$160,611
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 Type Sale Price Title Company
Deed $579,900 --
Quit Claim Deed $500 Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $434,925 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $217,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $1,850 -- --
10/01/2024 10/01/24 For Rent $1,850 0.0% --
06/25/2024 06/25/24 Sold $579,900 0.0% $184 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $579,900 +87.1% $184 / Sq Ft
05/25/2012 05/25/12 Sold $310,000 -11.4% $98 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $349,900 -- $111 / 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 $8,398 $525,000 $148,000 $377,000
2022 $8,919 $517,000 $138,000 $379,000
2021 $8,568 $525,000 $107,000 $418,000
2020 $9,075 $524,500 $87,000 $437,500
2019 $8,322 $504,500 $58,000 $446,500
2018 $7,574 $458,500 $58,000 $400,500
2017 $8,350 $445,500 $52,700 $392,800
2016 $7,667 $396,500 $52,700 $343,800
2015 $7,142 $352,000 $52,700 $299,300
2014 -- $306,000 $64,500 $241,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6532767

NorthstarMLS

APN: 34-029-24-22-0183