2309 James Ave N Minneapolis, MN 55411
Jordan NeighborhoodEstimated Value: $293,000 - $346,000
6
Beds
3
Baths
2,800
Sq Ft
$114/Sq Ft
Est. Value
Highlights
- Porch
- Forced Air Heating System
- 4-minute walk to Cottage Park
About This Home
As of December 2022Large 3 story duplex with Victorian style architecture, natural woodwork, hardwood floors, and spacious units. A perfect opportunity to house hack or expand your rental portfolio. The freshly painted lower unit features 3 bedrooms,1 bathroom, an updated kitchen, and new carpets. The upper unit has 2 levels with 3+ bedrooms and 2 bathrooms. The basement has 2 egress windows and is partially finished with potential to create over 1000 square feet of additional living space and income - possibly a 3rd unit! A solid, turn-key investment property that has been well-cared and is move-in-ready. Responsible tenants live in the upper unit, currently rented for $1495 per month.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,213
Year Built
- Built in 1900
Lot Details
- 6,970
Home Design
- Duplex
- Pitched Roof
Interior Spaces
- 2,800 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Additional Features
- Porch
- Lot Dimensions are 42 x 144 x 56 x 137
- Forced Air Heating System
Community Details
- 2 Units
- Forest Heights Subdivision
Listing and Financial Details
- Tenant pays for electricity, fuel
- The owner pays for insurance, taxes, trash collection, water
- Assessor Parcel Number 1602924220198
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2022
Closed on
Dec 1, 2022
Sold by
Daudelin Travis and Daudelin Victoria
Bought by
Sund Cynthia and Sund James Shania
Seller's Agent
Samuel Foltz
Roseville Realty
Buyer's Agent
Diamond Chand
RE/MAX Results
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%
Total Days on Market
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,624
Avg. Annual Appreciation
0.46%
Original Mortgage
$292,531
Outstanding Balance
$285,193
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$33,431
Purchase Details
Listed on
Aug 26, 2022
Closed on
Nov 4, 2022
Sold by
Daudelin Travis Anthony
Bought by
Sund Cynthia A and Sund James Shania
Seller's Agent
Samuel Foltz
Roseville Realty
Buyer's Agent
Diamond Chand
RE/MAX Results
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,531
Outstanding Balance
$285,193
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$33,431
Purchase Details
Closed on
May 22, 2019
Sold by
Charloff Marshall Steven
Bought by
Daudelin Travis Anthony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 26, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Salmela Paul
Purchase Details
Closed on
Apr 30, 2008
Sold by
La Salle Bank Na
Bought by
Charloff Marshall Steven
Purchase Details
Closed on
Aug 17, 2004
Sold by
Jackson Donald E
Bought by
Nazario Joy and Nazario Michael
Purchase Details
Closed on
Jun 26, 2000
Sold by
Lee Lee
Bought by
Jackson Donald E and Jackson Diane L
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sund Cynthia | $315,000 | -- | |
| Sund Cynthia A | $315,000 | Dca Title | |
| Daudelin Travis Anthony | $250,000 | Tredemark Title Services Inc | |
| Salmela Paul | -- | Title One Bloom | |
| Charloff Marshall Steven | $56,000 | -- | |
| Nazario Joy | $275,000 | -- | |
| Jackson Donald E | $66,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sund Cynthia A | $34,556 | |
| Open | Sund Cynthia | $292,531 | |
| Closed | Sund Cynthia A | $292,531 | |
| Previous Owner | Daudelin Travis Anthony | $195,000 | |
| Previous Owner | Daudelin Travis Anthony | $187,500 | |
| Closed | Sund Cynthia A | $10,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2022 12/01/22 | Sold | $315,000 | 0.0% | $113 / Sq Ft |
| 09/13/2022 09/13/22 | Pending | -- | -- | -- |
| 09/10/2022 09/10/22 | Off Market | $315,000 | -- | -- |
| 08/26/2022 08/26/22 | For Sale | $300,000 | -- | $107 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $5,711 | $308,000 | $15,000 | $293,000 |
| 2022 | $4,213 | $286,000 | $14,000 | $272,000 |
| 2021 | $3,619 | $248,000 | $11,000 | $237,000 |
| 2020 | $3,238 | $221,500 | $12,200 | $209,300 |
| 2019 | $2,677 | $169,500 | $8,100 | $161,400 |
| 2018 | $2,967 | $147,500 | $8,100 | $139,400 |
| 2017 | $2,203 | $117,500 | $7,400 | $110,100 |
| 2016 | $2,523 | $130,500 | $7,400 | $123,100 |
| 2015 | $2,303 | $113,500 | $7,400 | $106,100 |
| 2014 | -- | $105,500 | $8,700 | $96,800 |
Source: Public Records
Agents Affiliated with this Home
-
Samuel Foltz
Seller's Agent in 2022
Samuel Foltz
Roseville Realty
(651) 434-7575
2 in this area
129 Total Sales
-
Diamond Chand
Buyer's Agent in 2022
Diamond Chand
RE/MAX Results
(651) 283-3300
4 in this area
73 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6253538
APN: 16-029-24-22-0198
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