NOT LISTED FOR SALE

223 E Broadway Little Falls, MN 56345

Estimated Value: $157,000 - $224,000

5 Beds
3 Baths
2,040 Sq Ft
$95/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $165,000 $81 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,295/month

90 Days on Market

About This Home

As of March 2024

Calling Investors! This charming Little Falls duplex offers two spacious units, making it an excellent investment opportunity. The upper unit features two bedrooms and one bathroom, providing a cozy and comfortable living space. The lower unit has been updated to include three bedrooms, two bathrooms, and the added convenience of a garage. Both units offer ample room for daily living and are designed for comfort. Plus, it's within walking distance to parks, the beautiful Mississippi River, and various amenities. Don't miss out on this fantastic property, ideal for rental income or multi-generational living.

Last Agent to Sell the Property

Chad Schwendeman

eXp Realty Listed on: 10/13/2023

eXp Realty

Co-Listed By

Randa Haug

eXp Realty

Last Buyer's Agent

Jeff Torfin

Positive Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,924

Year Built

  • Built in 1931

Lot Details

  • Lot Dimensions are 65x151x80x38x15x113
  • Corner Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Front Porch
  • Boiler Heating System

Community Details

  • 2 Units
  • Original Little Falls Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for fuel
  • Assessor Parcel Number 480272000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,924

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1931
  • Above Grade Finished Sq Ft: 2040
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Living Area: 2040
  • Owner Pays: Fuel
  • Basement YN: Yes
  • Total Rooms: 5
  • Amenities: Cable,City View
  • Appliances: Range
  • Total Rooms: 4
  • FamilyRoomRoomFeatures: Family Room

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PatioPorchType: Front Porch

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 264

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Little Falls
  • SchoolDistrictNumber: 482
  • SchoolDistrictPhone: 320-632-2002

Lot Info

  • Lot Size: 65x151x80x38x15x113
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 480272000
  • Tax Annual Amount: 2924
  • TaxWithAssessments: 2924.0000

Multi Family

  • TenantPays: Cable TV, Electricity

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Mar 4, 2024
Sold by
Ziegler Gregory Allen and Ziegler Kate Rebekah
Bought by
Hunstad Properties Llc
Seller's Agent
Chad Schwendeman
eXp Realty
Buyer's Agent
Jeff Torfin
Positive Realty
List Price
$184,900
Sold Price
$165,000
Premium/Discount to List
-$19,900
-10.76%
Views
215
Current Estimated Value
$184,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,818
Avg. Annual Appreciation
1.17%
Original Mortgage
$123,750
Outstanding Balance
$120,513
Interest Rate
8.74%
Mortgage Type
New Conventional
Estimated Equity
$47,274
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
Hunstad Properties Llc $165,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunstad Properties Llc $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $165,000 0.0% $81 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
01/04/2024 01/04/24 Off Market $165,000 -- --
12/01/2023 12/01/23 Price Changed $179,900 -2.7% $88 / Sq Ft
10/13/2023 10/13/23 For Sale $184,900 -- $91 / 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
2025 $3,450 $192,700 $17,100 $175,600
2024 $3,036 $200,900 $18,800 $182,100
2023 $2,924 $181,900 $14,000 $167,900
2022 $3,104 $165,100 $14,000 $151,100
2021 $3,192 $151,400 $32,600 $118,800
2020 $3,000 $406,400 $97,800 $308,600
2019 $2,816 $139,800 $32,600 $107,200
2018 $3,694 $123,500 $32,600 $90,900
2017 $4,286 $119,100 $32,600 $86,500
2016 $4,230 $0 $0 $0
2014 $4,332 $0 $0 $0
2013 $4,332 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6447636

NorthstarMLS

APN: 48.0272.000