NOT LISTED FOR SALE

Estimated Value: $292,000 - $375,000

5 Beds
2 Baths
2,898 Sq Ft
$114/Sq Ft Est. Value

Last Sold September 29, 2014

Last sale price $158,100 $55 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,161/month

71 Days on Market

Highlights

  • Property is near public transit
  • Woodwork
  • Forced Air Heating System
  • Wood Flooring
  • Landscaped with Trees

About This Home

As of September 2014

Great opportunity to cash flow with this recently renovated duplex! Updated kitchen and bath fixtures, new carpet. Exterior remodeled in 2010 with new roof, siding, windows and some mechanicals. Ask about neighborhood down payment assistance!

Last Agent to Sell the Property

Jennifer Olstad

Keller Williams Classic Rlty NW Listed on: 07/02/2014

Last Buyer's Agent

Juno Jimenez

Lakes Area Realty G.V.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,389

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 31x146
  • Landscaped with Trees

Parking

  • Gravel Driveway

Home Design

  • Duplex

Interior Spaces

  • 2,898 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Range

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • 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 water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,389

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 09/29/2014
  • Taxes With Assessments: 2388.84
  • Estimated Number of Acres: 0.11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2898
  • Total Fin Square Footage: 2898

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior Amenities: Driveway - Gravel

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium
  • Estimated Lot Dimensions: 31x146

Rental Info

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

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 2500

Tax Info

  • Year: 2014
  • Tax Value: 2389

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2014
Closed on
Sep 29, 2014
Sold by
Perez Shimon Shimon
Bought by
Bonete Manuel Manuel
Seller's Agent
Jennifer Olstad
Keller Williams Classic Rlty NW
Buyer's Agent
Juno Jimenez
Lakes Area Realty G.V.
List Price
$184,900
Sold Price
$158,100
Premium/Discount to List
-$26,800
-14.49%
Current Estimated Value
$329,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,203
Avg. Annual Appreciation
7.69%
Original Mortgage
$100,000
Interest Rate
4.2%

Purchase Details

Closed on
Jul 20, 2009
Sold by
Hsbc Bank Usa
Bought by
Perez Shimon

Purchase Details

Closed on
Oct 21, 2004
Sold by
Billings James and Billings Mardena
Bought by
Billings Justin A and Billings Kristen E

Purchase Details

Closed on
Jun 1, 2002
Sold by
Billings James and Billings Mardena
Bought by
Billings Justin A
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 Buyer Sale Price Title Company
Bonete Manuel Manuel $158,100 --
Perez Shimon $16,000 --
Billings Justin A $45,000 --
Billings Justin A $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonete Manuel C $192,000
Closed Bonete Manuel Manuel $100,000
Closed Billings Justin A --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2014 09/29/14 Sold $158,100 -14.5% $55 / Sq Ft
09/11/2014 09/11/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $184,900 -- $64 / 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 $4,879 $305,000 $39,000 $266,000
2022 $4,587 $272,000 $28,000 $244,000
2021 $4,264 $270,000 $28,000 $242,000
2020 $3,978 $261,000 $20,400 $240,600
2019 $3,711 $225,000 $13,600 $211,400
2018 $3,154 $204,500 $13,600 $190,900
2017 $2,933 $156,500 $12,400 $144,100
2016 $2,900 $150,000 $12,400 $137,600
2015 $2,212 $109,000 $12,400 $96,600
2014 -- $100,500 $12,400 $88,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4642751

REALTOR® Association of Southern Minnesota

APN: 35-029-24-21-0189