NOT LISTED FOR SALE

Estimated Value: $95,000 - $246,000

2 Beds
2 Baths
1,690 Sq Ft
$113/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $94,000 $56 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,255/month

30 Days on Market

About This Home

As of August 2023

Great opportunity to buy this 2 unit home located in Minneapolis, MN and sitting on a .11 acre lot (37.2x128.5). In total, the interior has 1690 sq. ft. plus a full basement. Each unit has 1 bedroom and 1 bathroom, kitchen, dining room and living room.

Last Agent to Sell the Property

Aaron Brailer

REALHome Services and Solutions, Inc. Listed on: 06/16/2023

Last Buyer's Agent

Constance Vork

Keller Williams Realty Integrity Lakes

Keller Williams Realty Integrity Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,237

Year Built

  • Built in 1901

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,690 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 37.2 x 128.5
  • Forced Air Heating System

Community Details

  • 2 Units
  • Subd Ferrants 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1702924120051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,237

Year Built

Built in 1901

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 1
  • Accessibility Features: Other
  • Water Source: City Water/Connected
  • Year Built: 1901
  • Above Grade Finished Sq Ft: 1690
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: 1088
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 1690
  • Basement YN: Yes
  • Number Of Fireplaces: 0
  • Total Rooms: 4
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 2

Exterior Features

  • Neighborhood: Willard - Hay

Garage/Parking

  • Garage Square Feet: 320

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

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

Lot Info

  • Lot Size: 37.2 X 128.5
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1702924120051
  • Tax Annual Amount: 1237
  • TaxWithAssessments: 5063.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 22, 2023
Sold by
Novastar Mortgage Funding Trust
Bought by
Wend Jasmine
Seller's Agent
Aaron Brailer
REALHome Services and Solutions, Inc.
Buyer's Agent
Constance Vork
Keller Williams Realty Integrity Lakes
List Price
$116,600
Sold Price
$94,000
Premium/Discount to List
-$22,600
-19.38%
Total Days on Market
30
Views
143
Current Estimated Value
$191,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,390
Avg. Annual Appreciation
49.10%

Purchase Details

Closed on
May 11, 2022
Sold by
Morin Julian E and Morin Renee U
Bought by
Novastar Mortgage Funding Trust
Source: Public Records

Similar Homes in Minneapolis, MN

  • 2523 Newton Ave N, Minneapolis, MN 55411

    $225,000

    • 3 Beds
    • 2 Baths
    • 1,231 Sq Ft
    • 2523 Newton Ave N
    • Minneapolis, MN

    TURN-KEY INCOME PROPERTY ON A HUGE LOT IN JORDAN! This property sets on a fully fenced double-wide lot. $30,000 gross annual income. The upper level 1-bedroom is tenant-occupied on a 1-year lease @ $1175/month. The 2-bedroom unit is vacant, so this home is available for owner-occupant buyers! Pay the majority of your mortgage with rental income!

    Trevor Howat eXp Realty

    Section Image
  • 2318 Logan Ave N, Minneapolis, MN 55411

    $162,000

    • 3 Beds
    • 1.5 Baths
    • 2,129 Sq Ft
    • 2318 Logan Ave N
    • Minneapolis, MN

    Down payment assistance available! 60% ami income or less needed to qualify. Inquire to see if you qualify. Newly constructed, Affordable, and Sustainable elegance! 3 bedrooms, 2 bathrooms, 1 car garage. All funds are contingent on availability and eligibility. Buyers must have a maximum household income under 60 % AMI based on family size, qualify for the Minneapolis Homes Program, and

    Jason Stockwell eXp Realty

    Section Image
  • 2320 N Logan Ave, Minneapolis, MN 55411

    $162,000

    • 3 Beds
    • 1.5 Baths
    • 2,129 Sq Ft
    • 2320 N Logan Ave
    • Minneapolis, MN

    Down payment assistance possible! 60% ami income or less needed to qualify. Inquire to see if you qualify. Newly constructed, Affordable, and Sustainable elegance! 3 bedrooms, 2 bathrooms, 1 car garage. All funds are contingent on availability and eligibility. Buyers must have a maximum household income under 60 % AMI based on family size, qualify for the Minneapolis Homes Program, and

    Jason Stockwell eXp Realty

    Section Image
  • 3318 Bryant Ave N, Minneapolis, MN 55412

    $180,000

    • 3 Beds
    • 2 Baths
    • 1,281 Sq Ft
    • 3318 Bryant Ave N
    • Minneapolis, MN

    MCKINLEY UP/DOWN DUPLEX FOR SALE! 2 bedroom/1 bath main level & 1 bedroom/1 bath upper level. There is a 20'x20' 2 car garage in back plus additional parking. Separate gas & electric. Great investment opportunity with $29,600 in projected gross income!

    Trevor Howat eXp Realty

    Section Image
  • 2215 N 3rd St, Minneapolis, MN 55411

    $229,900

    • 4 Beds
    • 2 Baths
    • 1,856 Sq Ft
    • 2215 N 3rd St
    • Minneapolis, MN

    What a value!! 4 bedroom, 2 bathroom duplex (2- 2 bedroom 1 bath units) Both units vacant so it is perfect for an owner occupant. If you are looking for your first home or to start a rental portfolio this is a great unit to start with. Both units have new carpet, paint, updated bathrooms. Appliances added prior to closing.

    Eric Redlinger Coldwell Banker Realty

    Section Image
  • 414 33rd Ave N, Minneapolis, MN 55412

    $229,999

    • 4 Beds
    • 2 Baths
    • 2,592 Sq Ft
    • 414 33rd Ave N
    • Minneapolis, MN

    Great investment property potential or residential living with this up-and-down duplex! Located close to downtown with easy access to freeway. Separate entry for each unit. Both units have built in buffet, stained glass windows, and 3 seasons porch that could be renovated to extra bedrooms!

    Cindy Nguyen CinTri Realty, LLC

    Section Image
  • 3335 Nevada Ave N Unit 3502, Minneapolis, MN 55427

    $159,900

    • 2 Beds
    • 1 Bath
    • 872 Sq Ft
    • 3335 Nevada Ave N
    • Unit 3502
    • Minneapolis, MN

    Quiet & convenient location Close to parks schools & shoppingMain floor unit means YourNO STEP living convenience2 Br unit w/Open & Bright Living Rm Kitchen areas Sliding door off Dining Rm. to Large Porch/Deck Overlooks quiet shaded north facing Large green common areaAll appliances included Plus in unit Washer/ Dryer spaceSpacious kitchen w/ breakfast bar Tiled Dining Rm Plenty of CounterTop &

    David Saline Counselor Realty, Inc

    Section Image
  • 3047 Lake Shore Dr Unit B, Minneapolis, MN 55416

    $228,500

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft
    • 3047 Lake Shore Dr
    • Unit B
    • Minneapolis, MN

    Top floor unit at The Lakes Citihomes with easy access to exciting restaurants, trails, and the Minneapolis Lakes. This two-bedroom unit features a vaulted ceiling in the living room, recently painted cabinets in the kitchen, and an updated full bath. New furnace installed in 2023, new AC installed in 2024. The private laundry room is located across from the garage, is exclusively for this unit,

    Beth Ulrich Compass

    Section Image
  • 3046 Lake Shore Dr Unit A, Minneapolis, MN 55416

    $198,500

    • 1 Bed
    • 1 Bath
    • 763 Sq Ft
    • 3046 Lake Shore Dr
    • Unit A
    • Minneapolis, MN

    Turn key end unit that's ready to go! Freshly painted throughout with many features that include - Updated kitchen with quartz countertops, wood burning fireplace, central A/C, attached garage, two private decks (rooftop and off the kitchen), private laundry, separate storage room and plenty of guest parking. Close to lakes, trails, parks, numerous restaurants, shopping, light rail and More!

    Anthony Oliveri Coldwell Banker Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wend Jasmine $94,000 None Listed On Document
Novastar Mortgage Funding Trust $128,160 Wilford Geske & Cook Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morin Julian E $8,500
Previous Owner Morin Julian E $138,600,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $94,000 -10.1% $56 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
07/07/2023 07/07/23 Price Changed $104,600 -10.3% $62 / Sq Ft
06/16/2023 06/16/23 For Sale $116,600 -- $69 / 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 $2,171 $152,000 $20,000 $132,000
2022 $5,063 $140,000 $15,000 $125,000
2021 $1,172 $114,000 $10,000 $104,000
2020 $1,247 $95,000 $12,000 $83,000
2019 $863 $85,500 $8,000 $77,500
2018 $746 $74,500 $8,000 $66,500
2017 $771 $62,500 $7,300 $55,200
2016 $834 $66,000 $7,300 $58,700
2015 $614 $56,500 $7,300 $49,200
2014 -- $56,500 $7,300 $49,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6388580

NorthstarMLS

APN: 17-029-24-12-0051