NOT LISTED FOR SALE

23 Neptune St S Cosmos, MN 56228

Estimated Value: $158,000 - $615,000

4 Beds
5 Baths
9,322 Sq Ft
$50/Sq Ft Est. Value

Last Sold December 26, 2013

Last sale price $140,000 $15 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $3,386/month

151 Days on Market

About This Home

As of December 2013

Awesome 12 unit apartment building constructed in 1981. All units one level. All single bedroom units. Laundry facilities on site. Quiet location an exceptional income potential. Building is full, call agent for details.

Last Agent to Sell the Property

Joe Haen

RE/MAX PREFERRED REALTY-Willmar Listed on: 07/08/2013

Co-Listed By

Kathy Haen

RE/MAX PREFERRED REALTY-Willmar

Last Buyer's Agent

Joe Haen

RE/MAX PREFERRED REALTY-Willmar Listed on: 07/08/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,046

Year Built

  • Built in 1981

Lot Details

  • 1.09

Home Design

  • Slab Foundation
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 9,322 Sq Ft Home
  • 1-Story Property
  • Range

Additional Features

  • Lot Dimensions are 220x220
  • Ground Level
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 12 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for lawn, maint/repair, snow, trash
  • Assessor Parcel Number 21-0024000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,046

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Parcel Number: 21-0024000
  • Price Per Square Foot: 15.02
  • Projected Closed Date: 12/26/2013
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 3046
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Material: Poured Concrete
  • Basement Style: Slab
  • Finished Above Grade Sq Ft: 9322
  • Total Fin Square Footage: 9322
  • Total Square Footage: 9322

Exterior Features

  • Construction Type: Poured Concrete
  • Exterior: Wood

Garage/Parking

  • Number Off Street Parking: 12

Utilities

  • Fuel: Natural Gas
  • Sewer: City
  • Water: City

Schools

  • School District: A.C.G.C. #2396

Lot Info

  • Estimated Lot Dimensions: 220x220

Rental Info

  • Owner Expense: Lawn, Maint/Repair, Snow, Trash
  • Tenant Expense: Electric

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2012
  • Tax Value: 3046

MLS Schools

  • School District: A.C.G.C. #2396

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Cherrywood Apts Llc
Bought by
Tkre Llc
Current Estimated Value
$465,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$67,525
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$381,804

Purchase Details

Closed on
Jan 28, 2011
Sold by
The United States Of America
Bought by
Properties Plus Investors Llc
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
Tkre Llc $500,000 None Listed On Document
Properties Plus Investors Llc $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tkre Llc $125,000
Open Tkre Llc $375,000
Previous Owner Cherrywood Apts Llc $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2013 12/26/13 Sold $140,000 -6.0% $15 / Sq Ft
12/06/2013 12/06/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $149,000 -- $16 / 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
2025 $10,400 $474,000 $26,900 $447,100
2024 $10,400 $394,100 $21,500 $372,600
2023 $12,466 $394,100 $21,500 $372,600
2022 $13,768 $392,200 $19,600 $372,600
2021 $9,298 $339,900 $19,600 $320,300
2020 $9,722 $339,900 $19,600 $320,300
2019 $10,666 $339,900 $19,600 $320,300
2018 $5,472 $336,600 $16,300 $320,300
2017 $5,826 $157,800 $15,100 $142,700
2016 $5,852 $155,800 $13,100 $142,700
2015 $2,480 $0 $0 $0
2014 $2,480 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4503891

REALTOR® Association of Southern Minnesota

APN: 21-0024000