NOT LISTED FOR SALE

Estimated Value: $386,000 - $397,000

4 Beds
2 Baths
1,929 Sq Ft
$204/Sq Ft Est. Value

Last Sold September 09, 2024

Last sale price $380,000 $197 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,487/month

24 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Property is Fully Fenced

About This Home

As of September 2024

Beautiful Victorian era duplex in a quiet Northeast Minneapolis neighborhood. This property features hardwood floors, updated kitchens, and a large fenced-in backyard. Lower unit features a large master bedroom and formal dining area. Lower unit also has central AC! Separate utilities for each unit and forced area furnaces are a great bonus. Upper unit is occupied by long term tenants at $1300/mo (below market value). This Duplex is a great value in Northeast Minneapolis!

Last Agent to Sell the Property

Jason Reed

RE/MAX Results Listed on: 08/14/2024

RE/MAX Results

Co-Listed By

Kent Hranicka

RE/MAX Results

Last Buyer's Agent

Brent Reichow

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,487

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 38x131
  • Property is Fully Fenced
  • Wood Fence

Parking

  • On-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 1,929 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Porch
  • Forced Air Heating System

Community Details

  • 2 Units
  • Lincoln Street Sup East Side Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, fuel
  • The owner pays for insurance, repairs, taxes, trash collection
  • Assessor Parcel Number 1202924310095

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,487

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Porch
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1929
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • FoundationDimensions: 30x20
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 1929
  • Owner Pays: Insurance, Repairs, Taxes, Trash Collection
  • Basement YN: Yes
  • Appliances: Dishwasher,Range
  • Total Rooms: 5
  • Appliances: Dishwasher,Range
  • Total Rooms: 4
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • Fencing: Full, Wood
  • ConstructionMaterialsDesc: Stone
  • Neighborhood: Windom Park
  • PatioPorchType: Front Porch,Porch

Garage/Parking

  • Parking Features: On-Street Parking Only
  • Garage Square Feet: 0
  • Garage Door Height: 0
  • Other Parking Spaces: 0

Utilities

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

Schools

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

Lot Info

  • Topography: Level
  • Lot Size: 38x131
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1202924310095
  • Tax Annual Amount: 5487
  • TaxWithAssessments: 5487.0000

Multi Family

  • TenantPays: Electricity, Fuel
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Sep 5, 2024
Sold by
Jory Investments Llc A Limited Liabili
Bought by
Novak Sam
Seller's Agent
Jason Reed
RE/MAX Results
Buyer's Agent
Brent Reichow
Edina Realty, Inc.
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Views
26
Current Estimated Value
$393,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,473
Avg. Annual Appreciation
3.37%
Original Mortgage
$361,000
Outstanding Balance
$357,175
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$36,298

Purchase Details

Closed on
Jul 29, 2016
Sold by
Gubernik Jory
Bought by
Jory Investments Llc

Purchase Details

Listed on
Apr 9, 2012
Closed on
Jul 12, 2012
Sold by
Pedersen Jamie Sue and Pedersen Kyle
Bought by
Guvernik Jory
Seller's Agent
Mark Grotewold
Edina Realty, Inc.
Buyer's Agent
Jason Reed
RE/MAX Results
List Price
$115,900
Sold Price
$130,000
Premium/Discount to List
$14,100
12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%

Purchase Details

Closed on
Oct 28, 2005
Sold by
Alex Properties Inc
Bought by
Lowe Jamie and Nelson Carrie

Purchase Details

Closed on
Aug 31, 1998
Sold by
Mccoskey Ross C and Mccoskey Shery A
Bought by
Alex Properties Inc
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
Novak Sam $380,000 --
Jory Investments Llc -- None Available
Guvernik Jory $130,000 Community Title & Escrow
Lowe Jamie $220,500 --
Alex Properties Inc $57,040 --
Mccoskey Ross C $65,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novak Sam $361,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2024 09/09/24 Sold $380,000 +1.3% $197 / Sq Ft
08/15/2024 08/15/24 For Sale $375,000 +188.5% $194 / Sq Ft
07/13/2012 07/13/12 Sold $130,000 +12.2% $67 / Sq Ft View Prior Sale
07/06/2012 07/06/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $115,900 -- $60 / 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
2024 $4,810 $338,000 $113,000 $225,000
2023 $5,487 $343,000 $113,000 $230,000
2022 $5,878 $356,000 $110,000 $246,000
2021 $4,770 $346,000 $51,000 $295,000
2020 $4,693 $292,000 $47,300 $244,700
2019 $4,384 $265,500 $31,500 $234,000
2018 $3,989 $241,500 $31,500 $210,000
2017 $3,468 $185,000 $28,600 $156,400
2016 $2,978 $154,000 $28,600 $125,400
2015 $2,729 $134,500 $28,600 $105,900
2014 -- $125,500 $31,000 $94,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6586208

NorthstarMLS

APN: 12-029-24-31-0095