NOT LISTED FOR SALE

Estimated Value: $202,000 - $268,000

4 Beds
2 Baths
1,500 Sq Ft
$150/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $245,000 $163 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,436/month

About This Home

As of December 2022

Great cash flowing investment opportunity!! Up and down duplex with 2 beds and 1 bath in each unit. You can rent out both units or rent out one and occupy the other. Fenced in good size yard with detached two car garage and a large driveway. Convenient location. Don't miss this opportunity to gain instant cashflow! Schedule your showing today.

Last Agent to Sell the Property

Annie Le

LPT Realty, LLC Brokerage Phone: 612-702-8587 Listed on: 09/19/2022

LPT Realty, LLC

Co-Listed By

Amber Lange

Keller Williams Classic Rlty NW Brokerage Phone: 612-702-8587

Last Buyer's Agent

Dave Gallogly

MSP Services, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,006

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 88x61x88x61
  • Chain Link Fence
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Hot Water Heating System
  • Boiler Heating System

Community Details

  • 2 Units
  • Cobbs Add To North Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, fuel, janitorial service, trash collection, water
  • The owner pays for insurance, grounds care, repairs, snow removal, taxes
  • Assessor Parcel Number 1502924220041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,006

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1500
  • Water Sewer Expenses: 864
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-702-8587
  • Attribution Contact: 612-702-8587
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Full
  • Living Area: 1500
  • Fireplace: No
  • Owner Pays: Insurance, Grounds Care, Repairs, Snow Removal, Taxes
  • Basement YN: Yes
  • Appliances: Range
  • Total Rooms: 5
  • Appliances: Range
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Chain Link
  • Neighborhood: Hawthorne

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 460

Utilities

  • Heating: Boiler, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 88x61x88x61
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 6670.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1502924220041
  • Tax Annual Amount: 3006
  • TaxWithAssessments: 3006.0000

Multi Family

  • TenantPays: Cable TV, Fuel, Janitorial Service, Trash Collection, Water
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Dec 20, 2022
Sold by
Pho Sopheak and Le Uyen
Bought by
Gillard Alex
Seller's Agent
Annie Le
LPT Realty, LLC
Buyer's Agent
Dave Gallogly
MSP Services, LLC
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Views
9
Current Estimated Value
$225,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,382
Avg. Annual Appreciation
-1.16%
Original Mortgage
$241,500
Outstanding Balance
$235,676
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$1,876

Purchase Details

Listed on
Sep 19, 2022
Closed on
Dec 14, 2022
Sold by
Pho Sopheak and Pho Uyen T
Bought by
Gillard Alex
Seller's Agent
Annie Le
LPT Realty, LLC
Buyer's Agent
Dave Gallogly
MSP Services, LLC
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Outstanding Balance
$235,676
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$1,876

Purchase Details

Closed on
Apr 25, 2016
Sold by
Sp Design & Management
Bought by
Pho Sopheak and Le Uyen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2015
Sold by
Pho Sopheak and Le Uyen
Bought by
Sp Design & Management

Purchase Details

Closed on
Nov 18, 2013
Sold by
Sheriff Of The County Of Hennepin
Bought by
Oakvik Carroll E

Purchase Details

Closed on
Nov 14, 2013
Sold by
Oakvik Carroll E
Bought by
Pho Sopheak

Purchase Details

Closed on
May 14, 2013
Sold by
Oakvik Jean E and Oakvik Carroll E
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Dec 19, 1996
Sold by
Hud
Bought by
Oakvik Alan C
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
Gillard Alex $245,000 --
Gillard Alex $245,000 --
Pho Sopheak -- All American Title Company
Sp Design & Management -- None Available
Oakvik Carroll E $32,392 None Available
Pho Sopheak $9,708 Titlenexus Llc
Dlj Mortgage Capital Inc $28,752 None Available
Oakvik Alan C $18,109 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillard Alex $241,500
Closed Gillard Alex $240,562
Previous Owner Pho Sopheak $59,500
Closed Gillard Alex $12,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2022 12/20/22 Sold $245,000 -2.0% $163 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $250,000 -- $167 / 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 $2,483 $207,000 $13,000 $194,000
2022 $3,006 $193,000 $13,000 $180,000
2021 $2,230 $164,000 $11,000 $153,000
2020 $2,094 $136,500 $8,400 $128,100
2019 $1,924 $118,500 $5,600 $112,900
2018 $1,840 $106,000 $5,600 $100,400
2017 $1,669 $89,000 $5,100 $83,900
2016 $1,808 $93,500 $5,100 $88,400
2015 $1,625 $78,000 $5,100 $72,900
2014 -- $74,500 $6,700 $67,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6262973

NorthstarMLS

APN: 15-029-24-22-0041