NOT LISTED FOR SALE

Estimated Value: $358,000 - $390,000

3 Beds
3 Baths
2,332 Sq Ft
$162/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $370,000 $159 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,572/month

23 Days on Market

Highlights

  • Community Garden
  • Baseboard Heating
  • Privacy Fence
  • Parking Storage or Cabinetry

About This Home

As of July 2024

Nestled within the heart of the Seward neighborhood, this charming 1886 duplex has been lovingly cared for by the same devoted owner for 40+ years. 1BR/1BA on the main floor with hardwood floors, sunroom, in-unit laundry and plenty of natural light. 2nd floor unit has 1BR/1BA upstairs AND private access to the lower level where there is another bedroom/bath/living space (even ready for a kitchenette, if desired) plus laundry, making for a total of 2BR/2BA for that unit. Huge 40x9 attic for plenty of storage or studio space (heated and plumbed). A large detached 2 car garage shared by tenants. Terrific neighborhood walkability & bikeabilty to local parks and businesses and access to transit, U of MN, & both downtowns. Truly a gem! Don't miss this fantastic opportunity for investors or owner/occupants and schedule your showing now (24 hour notice required)!

Last Agent to Sell the Property

Leandra Peak

Keller Williams Realty Integrity Lakes Listed on: 04/10/2024

Keller Williams Realty Integrity Lakes

Last Buyer's Agent

Wenn Townsend

Meridian Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,255

Year Built

  • Built in 1886

Lot Details

  • Lot Dimensions are 28x158
  • Privacy Fence
  • Wood Fence

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Basement Window Egress

Utilities

  • Baseboard Heating
  • Boiler Heating System

Listing and Financial Details

  • Tenant pays for cable TV, snow removal
  • The owner pays for electricity, fuel, repairs, sewer, taxes, trash collection
  • Assessor Parcel Number 3602924240060

Community Details

Overview

  • 2 Units
  • Waters Add Subdivision

Amenities

  • Community Garden

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,255

Year Built

Built in 1886

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, City Water - In Street
  • Association Amenities: Common Garden
  • Year Built: 1886
  • Above Grade Finished Sq Ft: 1770
  • Water Sewer Expenses: 1911
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Storage Space
  • Living Area: 2332
  • Below Grade Finished Sq Ft: 562
  • Owner Pays: Electricity, Fuel, Repairs, Sewer, Taxes, Trash Collection
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher,Dryer,Range
  • Total Rooms: 5
  • Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher,Dryer,Range
  • Total Rooms: 7

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Parking Features: Detached, Garage Door Opener, No Int Access to Dwelling, Storage
  • Garage Square Feet: 480

Utilities

  • Heating: Baseboard, Boiler, Radiator(s)
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: One Per Unit

Schools

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

Lot Info

  • Topography: Level
  • Lot Size: 28x158
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 6645.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3602924240060
  • Tax Annual Amount: 6255
  • TaxWithAssessments: 6255.0000

Multi Family

  • TenantPays: Cable TV, Snow Removal
  • ElectricExpense: 1376
  • FuelExpense: 3459
  • Number Of Refrigerators: One Per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Jun 26, 2024
Sold by
Trenary Roland and Talbot Norma
Bought by
Elmstrand Mary
Seller's Agent
Leandra Peak
Keller Williams Realty Integrity Lakes
Buyer's Agent
Wenn Townsend
Meridian Realty
List Price
$365,000
Sold Price
$370,000
Premium/Discount to List
$5,000
1.37%
Views
36
Current Estimated Value
$374,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,553
Avg. Annual Appreciation
-4.50%
Original Mortgage
$333,000
Outstanding Balance
$330,495
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$21,392
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
Elmstrand Mary $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elmstrand Mary $333,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $1,400 -- --
09/01/2024 09/01/24 For Rent $1,400 0.0% --
07/08/2024 07/08/24 Sold $370,000 +1.4% $159 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/13/2024 04/13/24 For Sale $365,000 -- $157 / 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 $6,255 $391,000 $125,000 $266,000
2022 $5,844 $364,000 $97,000 $267,000
2021 $5,260 $344,000 $70,000 $274,000
2020 $5,321 $322,000 $51,300 $270,700
2019 $4,964 $301,000 $34,200 $266,800
2018 $4,520 $273,500 $34,200 $239,300
2017 $4,620 $246,500 $31,100 $215,400
2016 $4,766 $246,500 $31,100 $215,400
2015 $4,352 $214,500 $31,100 $183,400
2014 -- $186,500 $29,400 $157,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6517142

NorthstarMLS

APN: 36-029-24-24-0060