2311 Madison St NE Minneapolis, MN 55418
Holland NeighborhoodEstimated Value: $332,439 - $375,000
3
Beds
2
Baths
1,323
Sq Ft
$264/Sq Ft
Est. Value
Highlights
- Patio
- Baseboard Heating
- Wood Fence
- Forced Air Heating System
About This Home
As of August 2022OWNER-OCCUPANT OPPORTUNITY! You'll fall in love with this beautifully maintained duplex located in the heart of Northeast, which features 2 units with their own unique characteristics. Unit 1; a 2 bed/1 bath, includes forced air heating, fresh paint, a brand new remodeled kitchen with a dishwasher and in-unit laundry, 9 foot ceilings, and a wood burning fire place. Unit 2; a 1 bed + den/1 bath, has their own exclusive 9x15 sq. foot 3 season porch, original woodwork, baseboard heating and equity to be built! Tenant has lived in unit 2 for 10+ years and is currently paying $1,025/month. Water heaters and circuit breakers have been separated for tenant usage while water, trash and sewer is paid by owner. Enjoy the over sized deck shared by both units, along with the patio, concrete basketball court and main level 8x8 sq. foot 3 season porch. Bring your ideas and get ready to invest, We are ready for a quick close!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,808
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 37x124
- Wood Fence
- Chain Link Fence
Home Design
- Duplex
Interior Spaces
- 1,323 Sq Ft Home
- 2-Story Property
- Basement
- Stone or Rock in Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Outdoor Features
- Patio
Utilities
- Forced Air Heating System
- Baseboard Heating
- 100 Amp Service
Community Details
- 2 Units
- Lennon & Newells Add To St Ant Subdivision
Listing and Financial Details
- Tenant pays for electricity, fuel
- The owner pays for insurance, grounds care, repairs, snow removal, taxes, trash collection, water
- Assessor Parcel Number 1102924420089
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2022
Closed on
Jul 22, 2022
Sold by
2311 Madison Street Ne Llc
Bought by
Walker Ebony
Seller's Agent
Nicole Pomerleau
Realty ONE Group Choice
Buyer's Agent
Diamond Chand
RE/MAX Results
List Price
$330,000
Sold Price
$324,999
Premium/Discount to List
-$5,001
-1.52%
Total Days on Market
31
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
$24,861
Avg. Annual Appreciation
3.47%
Original Mortgage
$40,000
Outstanding Balance
$38,545
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$319,488
Purchase Details
Closed on
Aug 1, 2018
Sold by
Waage Bruce W
Bought by
2311 Madson Strteety E Llc
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 |
|---|---|---|---|
| Walker Ebony | $324,900 | None Listed On Document | |
| 2311 Madson Strteety E Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Walker Ebony S | $40,000 | |
| Closed | Walker Ebony S | $20,000 | |
| Closed | Walker Ebony S | $10,000 | |
| Open | Walker Ebony | $255,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2022 08/02/22 | Sold | $324,999 | -1.5% | $246 / Sq Ft |
| 06/25/2022 06/25/22 | Pending | -- | -- | -- |
| 05/24/2022 05/24/22 | For Sale | $330,000 | -- | $249 / 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 | $4,078 | $320,000 | $106,000 | $214,000 |
| 2022 | $5,049 | $307,000 | $88,000 | $219,000 |
| 2021 | $4,868 | $283,000 | $46,000 | $237,000 |
| 2020 | $4,463 | $298,000 | $35,900 | $262,100 |
| 2019 | $3,884 | $252,500 | $23,900 | $228,600 |
| 2018 | $3,540 | $214,000 | $23,900 | $190,100 |
| 2017 | $3,149 | $168,000 | $21,700 | $146,300 |
| 2016 | $3,153 | $163,000 | $21,700 | $141,300 |
| 2015 | $2,902 | $143,000 | $21,700 | $121,300 |
| 2014 | -- | $125,500 | $21,700 | $103,800 |
Source: Public Records
Agents Affiliated with this Home
-
Nicole Pomerleau
Seller's Agent in 2022
Nicole Pomerleau
Realty ONE Group Choice
(763) 528-0953
4 in this area
41 Total Sales
-
Diamond Chand
Buyer's Agent in 2022
Diamond Chand
RE/MAX Results
(651) 283-3300
2 in this area
73 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6196633
APN: 11-029-24-42-0089
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