NOT LISTED FOR SALE

Estimated Value: $431,000 - $467,412

5 Beds
2 Baths
1,962 Sq Ft
$226/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 $3,105/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
Current Estimated Value
$438,145

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
7.05%
Original Mortgage
$173,000
Interest Rate
3.67%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
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