NOT LISTED FOR SALE

Estimated Value: $418,000 - $481,000

4 Beds
3 Baths
2,188 Sq Ft
$204/Sq Ft Est. Value

Last Sold September 27, 2013

Last sale price $252,000 $115 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,123/month

41 Days on Market

Highlights

  • Property is near public transit
  • 3 Car Detached Garage
  • Woodwork
  • Wood Flooring

About This Home

As of September 2013

The owner calls this "the gingerbread house" for its character and charm. 1st unit includes main flr & basement mother-in-law apt that walks out! Nice deck & walkway to enjoy bckyd.

Last Listed By

Cotty Lowry

Keller Williams Integrity Realty Listed on: 07/12/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,733

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x128

Parking

  • 3 Car Detached Garage

Home Design

  • Duplex

Interior Spaces

  • 2,188 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Range

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for electric, fuel, lawn, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,733

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 739
  • Assessments: Yes
  • Construction: Previously Owned
  • Projected Closed Date: 09/27/2013
  • Taxes With Assessments: 3855
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1888
  • Total Fin Square Footage: 2188
  • Below Grade Finished Sq Ft: 300

Exterior Features

  • Frontage Road: Curb/Gutters, City, Sidewalk

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 3

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks)
  • Estimated Lot Dimensions: 40x128

Rental Info

  • Owner Expense: Electric, Fuel, Lawn, Trash, Water/Sewer

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 12933

Tax Info

  • Year: 2013
  • Tax Value: 3733

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2017
Sold by
Lubke Michael Wayne and Charles Sawyer
Bought by
2220 Grand Ave South Llc
Total Days on Market
41
Current Estimated Value
$447,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,700
Outstanding Balance
$191,006
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$256,100

Purchase Details

Listed on
Jul 12, 2013
Closed on
Sep 19, 2013
Sold by
Strauman Jane E
Bought by
Lubke Michael Wayne and Lubke Sawyer Charles
Seller's Agent
Cotty Lowry
Keller Williams Integrity Realty
Buyer's Agent
Sawyer Lubke
EXIT Realty Metro
List Price
$289,000
Sold Price
$252,000
Premium/Discount to List
-$37,000
-12.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$214,200
Interest Rate
4.5%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
2220 Grand Ave South Llc $321,000 Partners Title Llc
Lubke Michael Wayne $252,000 Liberty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2220 Grand Ave South Llc $224,700
Previous Owner Lubke Michael Wayne $214,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2013 09/27/13 Sold $252,000 -12.8% $115 / Sq Ft
08/22/2013 08/22/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $289,000 -- $132 / 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 $7,454 $466,000 $165,000 $301,000
2022 $6,455 $431,000 $165,000 $266,000
2021 $5,383 $380,000 $130,000 $250,000
2020 $5,550 $329,500 $100,800 $228,700
2019 $5,428 $314,000 $67,200 $246,800
2018 $3,723 $299,000 $67,200 $231,800
2017 $3,819 $260,000 $61,100 $198,900
2016 $3,688 $245,000 $61,100 $183,900
2015 $3,163 $205,500 $61,100 $144,400
2014 -- $182,000 $61,100 $120,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4506549

REALTOR® Association of Southern Minnesota

APN: 34-029-24-22-0108