NOT LISTED FOR SALE

Estimated Value: $272,779 - $368,000

4 Beds
2 Baths
1,344 Sq Ft
$229/Sq Ft Est. Value

Last Sold September 09, 2013

Last sale price $95,000 $71 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $2,097/month

28 Days on Market

About This Home

As of September 2013

Here is a stucco, 2-story duplex in the heart of Northeast. Small lot for easy maintenance. 2 bedrooms (per city web site) in each unit. Eat-in kitchens.

Last Agent to Sell the Property

Mark Hebert

RE/MAX Results Listed on: 07/08/2013

Last Buyer's Agent

Ross Lumley

RE/MAX Advantage Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,240

Year Built

  • Built in 1913

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 41x89

Home Design

  • Duplex
  • Flat Roof Shape
  • Stucco Exterior

Interior Spaces

  • 1,344 Sq Ft Home
  • Basement Fills Entire Space Under The House

Additional Features

  • Property is near public transit
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,240

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 2487
  • Assessments: Yes
  • Construction: Previously Owned
  • Potential Short Sale: Undisclosed
  • Projected Closed Date: 09/03/2013
  • Taxes With Assessments: 4727
  • Estimated Number of Acres: 0.08
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1344
  • Total Fin Square Footage: 1344

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Flat

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks)
  • Estimated Lot Dimensions: 41x89

Building Info

  • Year Built: 1913

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 2240

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2016
Sold by
North Star Partners Llc
Bought by
Richey Michael and Peterson Jeffrey
Total Days on Market
28
Current Estimated Value
$307,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Outstanding Balance
$151,845
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$155,850

Purchase Details

Listed on
Jul 8, 2013
Closed on
Aug 12, 2013
Sold by
Beal Bank Ssb
Bought by
North Star Partners Llc
Seller's Agent
Mark Hebert
RE/MAX Results
Buyer's Agent
Ross Lumley
RE/MAX Advantage Plus
List Price
$119,900
Sold Price
$95,000
Premium/Discount to List
-$24,900
-20.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%
Original Mortgage
$100,800
Interest Rate
4.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 25, 2012
Sold by
Mayne Jerome D
Bought by
Beal Bank Ssb

Purchase Details

Closed on
Mar 21, 1997
Sold by
Zimbrick Ronald L and Zimbrick Joan M
Bought by
Mayne Jerome D

Purchase Details

Closed on
May 9, 1996
Sold by
Theisen Alphonse
Bought by
Zimbrick Joan M and Zimbrick Ronald L
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
Richey Michael $235,000 Dca Title
North Star Partners Llc $95,000 Prism Title & Closing Servic
Beal Bank Ssb $72,736 --
Beal Bank Ssb $72,736 None Available
Mayne Jerome D $44,500 --
Zimbrick Joan M $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richey Michael $188,000
Previous Owner North Star Partners Llc $100,800
Previous Owner North Star Partners Llc $100,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2013 09/09/13 Sold $95,000 -20.8% $71 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $119,900 -- $89 / 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
2023 $4,511 $282,000 $94,000 $188,000
2022 $4,536 $285,000 $85,000 $200,000
2021 $4,003 $267,000 $52,000 $215,000
2020 $3,801 $245,000 $18,800 $226,200
2019 $3,303 $215,000 $12,500 $202,500
2018 $2,166 $182,000 $12,500 $169,500
2017 $1,868 $142,500 $11,400 $131,100
2016 $2,698 $139,500 $11,400 $128,100
2015 $3,071 $117,000 $11,400 $105,600
2014 -- $107,000 $11,400 $95,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4503893

REALTOR® Association of Southern Minnesota

APN: 11-029-24-31-0066