NOT LISTED FOR SALE

Estimated Value: $422,000 - $445,000

5 Beds
2 Baths
1,962 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 23, 2015

Last sale price $215,730 $110 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,155/month

63 Days on Market

About This Home

As of March 2015

Perfect duplex in a high demand neighborhood. this would be an excellent owner occupied rental. Features ceramic tile floors, large bedrooms, 2 car garage, basement in 2219 could be finished. New furnaces 2014yr and water heaters 2010yr.

Last Agent to Sell the Property

Ryan Boyer

RE/MAX Results Listed on: 01/06/2015

Last Buyer's Agent

Michael Gross

RE/MAX Home Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,524

Year Built

  • Built in 1971

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40x158
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • 1,962 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Kitchen

  • Range

Laundry

  • Dryer
  • Washer

Basement

  • Block Basement Construction
  • Basement Window Egress

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,524

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 04/03/2015
  • Taxes With Assessments: 4524
  • Estimated Number of Acres: 0.15
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Stove, Washer
  • Basement Features: Egress Windows
  • Basement Material: Concrete Block
  • Finished Above Grade Sq Ft: 1842
  • Total Fin Square Footage: 1962
  • Below Grade Finished Sq Ft: 120

Exterior Features

  • Frontage Road: City
  • Exterior: Brick
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: 40x158

Rental Info

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

Building Info

  • Year Built: 1971

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 3400

Tax Info

  • Year: 2014
  • Tax Value: 4524

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2019
Sold by
Taneja Investments Llc
Bought by
Powell Kevin and Powell Elizabeth
Total Days on Market
63
Current Estimated Value
$437,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,400
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 6, 2015
Closed on
Mar 23, 2015
Sold by
Applen Timothy J
Bought by
Taneja Investments Llc
Seller's Agent
Ryan Boyer
RE/MAX Results
Buyer's Agent
Michael Gross
RE/MAX Home Realty
List Price
$224,900
Sold Price
$215,730
Premium/Discount to List
-$9,170
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$173,000
Interest Rate
3.67%
Mortgage Type
Commercial
Source: Public Records

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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
Powell Kevin $340,500 Land Title Inc
Taneja Investments Llc $215,729 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Kevin $354,000
Closed Powell Kevin $340,400
Previous Owner Taneja Investments Llc $212,000
Previous Owner Taneja Investments Llc $173,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2015 03/23/15 Sold $215,730 -4.1% $110 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $224,900 -- $115 / 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 $8,474 $433,000 $151,000 $282,000
2022 $6,014 $386,000 $125,000 $261,000
2021 $5,375 $354,000 $114,000 $240,000
2020 $5,382 $329,000 $98,000 $231,000
2019 $5,028 $304,500 $65,300 $239,200
2018 $4,575 $277,000 $65,300 $211,700
2017 $4,677 $249,500 $59,400 $190,100
2016 $4,825 $249,500 $59,400 $190,100
2015 $4,859 $223,500 $59,400 $164,100
2014 -- $201,000 $56,700 $144,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4705432

REALTOR® Association of Southern Minnesota

APN: 36-029-24-12-0123