NOT LISTED FOR SALE

Estimated Value: $407,000 - $505,000

7 Beds
3 Baths
3,882 Sq Ft
$117/Sq Ft Est. Value

Last Sold January 05, 2023

Last sale price $392,000 $101 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,004/month

91 Days on Market

Highlights

  • Hot Water Heating System
  • Wood Fence
  • 3-minute walk to Matthews Park

About This Home

As of January 2023

Seward neighborhood classic duplex! Old world charm with spacious rooms filled with natural light. First floor has 3 BR/1 BA, with hardwood floors, formal dining room and eat-in kitchen. Upper level has the same features as the lower level, and if combined with the large, finished 3rd level, you'd have more bedrooms, an owners' suite, office or 3rd living area (complete with bathroom). The possibilities are boundless. Upper level apartment is currently not rented, perfect for an owner occupant. Within easy walking distance of the Seward Co-op, parks, schools and the Mississippi River. Small building in back of property was built and used as a sauna. Request a showing today!

Last Agent to Sell the Property

Patrick Donohue

RE/MAX Results Listed on: 07/26/2022

RE/MAX Results

Co-Listed By

Elizabeth Donohue

RE/MAX Results

Last Buyer's Agent

Theodore Schatz

Schatz Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,885

Year Built

  • Built in 1912

Lot Details

  • Lot Dimensions are 44 x 156
  • Wood Fence
  • Chain Link Fence

Home Design

  • Duplex
  • Shake Siding

Interior Spaces

  • 3,882 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Utilities

  • Hot Water Heating System
  • 200+ Amp Service

Community Details

  • 2 Units
  • Rgt Fair Ground Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for electricity, fuel, insurance, repairs, taxes, trash collection, water
  • Assessor Parcel Number 3602924120177

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,885

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1912
  • Above Grade Finished Sq Ft: 3882
  • Water Sewer Expenses: 1700
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 3882
  • Fireplace: No
  • Owner Pays: Electricity, Fuel, Insurance, Repairs, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Appliances: Range
  • Total Rooms: 6
  • Appliances: Range
  • Total Rooms: 10

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Chain Link, Wood
  • Neighborhood: Seward

Garage/Parking

  • Parking Features: Driveway - Other Surface
  • Garage Square Feet: 0

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 44 x 156
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding
  • Units Total: 2

Rental Info

  • Expenses: 18300.0000

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 3602924120177
  • Tax Annual Amount: 5885
  • TaxWithAssessments: 5885.0000

Multi Family

  • TenantPays: Cable TV
  • ElectricExpense: 2400
  • FuelExpense: 2900
  • Number Of Refrigerators: Three

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Lelchuk Juliette Dianne and Schmidt Alexandra Rose
Bought by
Jones Mercury Jacob and Shelton Katherine
Total Days on Market
91
Current Estimated Value
$455,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$307,981
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$147,476

Purchase Details

Listed on
Jul 26, 2022
Closed on
Jan 5, 2023
Sold by
Lelchuk Juliette Dianna Lustre
Bought by
Lelchuk Juliette Dianna Ilust and Jones Mercury Jacob
Seller's Agent
Patrick Donohue
RE/MAX Results
Buyer's Agent
Theodore Schatz
Schatz Real Estate Group
List Price
$459,000
Sold Price
$392,000
Premium/Discount to List
-$67,000
-14.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$313,600
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2007
Sold by
Gust Jonathan Ward
Bought by
Indymac Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Jones Mercury Jacob -- Ancona Title
Lelchuk Juliette Dianna Ilust $500 --
Leichuk Juliette Dianna Ilust $392,000 Dca Title
Indymac Bank Fsb $184,235 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Mercury Jacob $315,000
Previous Owner Leichuk Juliette Dianna Ilust $313,600
Previous Owner Gust Jonathan Ward $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2023 01/05/23 Sold $392,000 -1.8% $101 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/17/2022 10/17/22 Price Changed $399,000 -4.8% $103 / Sq Ft
10/08/2022 10/08/22 Price Changed $419,000 -4.6% $108 / Sq Ft
08/19/2022 08/19/22 Price Changed $439,000 -4.4% $113 / Sq Ft
07/26/2022 07/26/22 For Sale $459,000 -- $118 / 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 $7,038 $440,000 $149,000 $291,000
2022 $6,438 $386,000 $121,000 $265,000
2021 $5,885 $369,000 $114,000 $255,000
2020 $6,234 $349,500 $100,800 $248,700
2019 $5,841 $342,500 $67,200 $275,300
2018 $5,335 $311,500 $67,200 $244,300
2017 $5,455 $280,500 $61,100 $219,400
2016 $5,627 $280,500 $61,100 $219,400
2015 $5,595 $256,000 $61,100 $194,900
2014 -- $237,000 $59,300 $177,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6239174

NorthstarMLS

APN: 36-029-24-12-0177