NOT LISTED FOR SALE

Estimated Value: $481,000 - $528,985

5 Beds
2 Baths
2,827 Sq Ft
$176/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $455,000 $161 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,267/month

About This Home

As of April 2023

Great Opportunity! This property is very big for this part of Minneapolis, with a lot size of 7,224 square feet. The house is a duplex. The top floor unit features an open living and dining room, and two bedrooms. The first floor has the same layout, with a bit more space with an additional room that has been attached to the exterior of the house. The basement has a shared laundry and storage area for all tenants. And there is a completely finished section of the basement with two bedrooms and a full bath, living room and kitchen. This lower level space can be turned into a third unit with proper permits. This property boasts large parking space, a 3 car garage, a small garden, and back yard space. Brand new roof (and wood paneling below shingles) on the main unit. New shingles on the garage behind it. Drain tiles with a sump were added to the basement to keep it dry. Don't miss out!

Last Agent to Sell the Property

Brett Doshan

Doshan Realty Listed on: 01/18/2023

Doshan Realty

Last Buyer's Agent

Sara Shaylie

Watermark Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,237

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 43x168
  • Wood Fence
  • Few Trees

Parking

  • 3 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Finished Basement

  • Partial Basement
  • Drainage System
  • Sump Pump
  • Drain
  • Shared Basement
  • Basement Storage
  • Basement Window Egress

Utilities

  • Baseboard Heating
  • Boiler Heating System
  • Radiant Heating System

Community Details

  • 2 Units
  • East Side Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1202924320047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,237

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 1929
  • Water Sewer Expenses: 1420
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Drainage System, Egress Window(s), Finished, Partial, Shared Access, Storage Space, Sump Pump
  • Living Area: 2827
  • Below Grade Finished Sq Ft: 898
  • Basement YN: Yes
  • Appliances: Dishwasher
  • Number Of Fireplaces: 1
  • Total Rooms: 6
  • Total Rooms: 4
  • Number Of Fireplaces: 1

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt
  • Fencing: Wood
  • Neighborhood: Windom Park

Garage/Parking

  • Parking Features: Covered, Detached, Concrete
  • Garage Square Feet: 200
  • Other Parking Spaces: 3
  • Other Parking Spaces: 3

Utilities

  • Heating: Baseboard, Boiler, Radiator(s), Radiant
  • Sewer: City Sewer/Connected
  • Fuel: Electric,Propane
  • Number of Ranges: Three

Schools

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

Lot Info

  • Lot Size: 43x168
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 8140.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1202924320047
  • Tax Annual Amount: 6237
  • TaxWithAssessments: 6237.0000

Multi Family

  • ElectricExpense: 2520
  • FuelExpense: 2820
  • Number Of Refrigerators: Three

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Mar 28, 2023
Sold by
Fernandez Juan and Fernandez Christine
Bought by
Guthrie Lindsay G and Da Silva Rodrigo
Seller's Agent
Brett Doshan
Doshan Realty
Buyer's Agent
Sara Shaylie
Watermark Homes
List Price
$475,000
Sold Price
$455,000
Premium/Discount to List
-$20,000
-4.21%
Views
134
Current Estimated Value
$489,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,133
Avg. Annual Appreciation
4.49%
Original Mortgage
$446,758
Outstanding Balance
$436,089
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$68,368

Purchase Details

Closed on
Nov 17, 2018
Sold by
Nilsen Ryan L and Nilsen Melissa
Bought by
Fernandez Alexander and Fernandez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2004
Sold by
Kluever Stephanie L and Kluever Kevin
Bought by
Nilsen Ryan L

Purchase Details

Closed on
May 14, 1996
Sold by
Drake Anderson
Bought by
Deters Kerstin E

Purchase Details

Closed on
Apr 3, 1996
Sold by
Strave Paula
Bought by
Anderson Drake L
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
Guthrie Lindsay G $455,000 Watermark Title
Fernandez Alexander $405,000 Edina Realty Title Inc
Nilsen Ryan L $299,200 --
Deters Kerstin E $82,000 --
Anderson Drake L $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guthrie Lindsay G $446,758
Previous Owner Fernandez Alexander $332,000
Previous Owner Fernandez Alexander $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $455,000 -4.2% $161 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $475,000 -- $168 / 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 $7,070 $534,000 $134,000 $400,000
2022 $6,237 $509,000 $131,000 $378,000
2021 $5,758 $450,000 $64,000 $386,000
2020 $5,087 $430,500 $78,800 $351,700
2019 $5,863 $355,500 $52,500 $303,000
2018 $5,337 $323,000 $52,500 $270,500
2017 $4,573 $244,000 $47,700 $196,300
2016 $4,418 $228,500 $47,700 $180,800
2015 $4,027 $198,500 $47,700 $150,800
2014 -- $182,500 $49,900 $132,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6324334

NorthstarMLS

APN: 12-029-24-32-0047