NOT LISTED FOR SALE

Estimated Value: $305,000 - $320,000

2 Beds
2 Baths
1,657 Sq Ft
$188/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $299,000 $180 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,064/month

11 Days on Market

Highlights

  • Porch
  • Wood Fence
  • 5-minute walk to Matthews Park
  • Forced Air Heating System

About This Home

As of July 2024

This beautiful Seward up/down duplex is ready for its next neighborly steward! Spacious units boast generous studio-style one bedroom/one bathroom apartments on both levels, three season porches and basement storage accessible to both units. New paint on main level and front stairway with plenty of sweat equity left for its new owner! You can rent out the polished, freshly painted lower unit while you realize your dream in the sun-filled upper unit or move into the main and freshen the upper for maximum income opportunity. Uniquely located on the corner of intersecting alleys, privacy trees and hedges border a large back yard perfect for entertaining. Walkable to all of Seward's beloved gems, this home invites you to start your next chapter in the heart of Minneapolis. Welcome home!

Last Agent to Sell the Property

John Njoes

Lakes Sotheby's International Realty Listed on: 05/16/2024

Lakes Sotheby's International Realty

Last Buyer's Agent

Elena Lyon

Reside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,387

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 40x153
  • Wood Fence

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Shake Siding

Interior Spaces

  • 1,657 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement
  • Stone or Rock in Basement

Additional Features

  • Porch
  • Forced Air Heating System

Community Details

  • 2 Units
  • Fair Ground Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3602924120129

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,387

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Porch
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1657
  • Water Sewer Expenses: 360
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Stone/Rock, Unfinished
  • Living Area: 1657
  • Basement YN: Yes
  • Total Rooms: 6
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Wood
  • ConstructionMaterialsDesc: Concrete,Frame,Stone
  • Neighborhood: Seward
  • PatioPorchType: Enclosed,Front Porch,Porch,Rear Porch

Garage/Parking

  • Parking Features: On-Street Parking Only

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Topography: Level
  • Lot Size: 40x153
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement, Other, Shake Siding
  • Units Total: 2

Rental Info

  • Expenses: 9788.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3602924120129
  • Tax Annual Amount: 4387
  • TaxWithAssessments: 4387.0000

Multi Family

  • ElectricExpense: 600
  • FuelExpense: 800
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 29, 2024
Sold by
Olsen Kjell A
Bought by
Fireside-Ostergaard Eleanor
Seller's Agent
John Njoes
Lakes Sotheby's International Realty
Buyer's Agent
Elena Lyon
Reside
List Price
$299,000
Sold Price
$299,000
Views
14
Current Estimated Value
$312,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,211
Avg. Annual Appreciation
3.83%
Original Mortgage
$155,000
Outstanding Balance
$153,299
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$158,912

Purchase Details

Closed on
Jan 18, 2017
Sold by
Levine Cynthia R
Bought by
Olsen Kjell A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2001
Sold by
Becker Corine F
Bought by
Levine Cynthia R and Levine Richard J
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
Fireside-Ostergaard Eleanor $299,000 All American Title
Olsen Kjell A $225,000 Stewart Title Co
Levine Cynthia R $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fireside-Ostergaard Eleanor $155,000
Previous Owner Olsen Kjell A $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $299,000 0.0% $180 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $299,000 -- $180 / 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
2023 $4,388 $342,000 $151,000 $191,000
2022 $3,775 $309,000 $125,000 $184,000
2021 $3,646 $283,000 $114,000 $169,000
2020 $3,342 $283,000 $83,100 $199,900
2019 $3,091 $244,000 $55,400 $188,600
2018 $2,750 $222,000 $55,400 $166,600
2017 $3,748 $200,000 $50,400 $149,600
2016 $3,867 $200,000 $50,400 $149,600
2015 $3,831 $180,500 $50,400 $130,100
2014 -- $161,500 $47,600 $113,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6537672

NorthstarMLS

APN: 36-029-24-12-0129