NOT LISTED FOR SALE

Estimated Value: $233,000 - $290,000

4 Beds
2 Baths
1,816 Sq Ft
$142/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $279,000 $154 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,575/month

13 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Fence
  • 3-minute walk to Glen Gale Park
  • Baseboard Heating

About This Home

As of August 2023

Welcome to your next investment. This turn-key duplex boasts high rents in the area. Both units have been thoughtfully updated, ensuring maximum tenant appeal and ease of management. Fully updated bathrooms and plumbing in both units. New counters in the kitchens. Brand new carpet and vinyl flooring throughout in both units. Everything has been freshly painted. In-unit laundry hook ups in BOTH units!!! (New plumbing and gas lines in upper laundry room.) Brand new furnace ensures efficient heating. Newer windows for higher efficiency. There is HUGE unfinished attic space above the second unit to add 2 more bedrooms for a value-add opportunity and maximize rents. HUGE 2 car garage on the property. New garage door openers, new siding on the back side of garage. New grass planted in garden area. Whether you're a first-time house hacker or an experienced investor seeking low maintenance and strong cash flow, this duplex ticks all the boxes.

Last Agent to Sell the Property

Luke Chase

RE/MAX Results Listed on: 07/05/2023

RE/MAX Results

Last Buyer's Agent

Daniel Moore

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,153

Year Built

  • Built in 1894

Lot Details

  • Lot Dimensions are 129x45
  • Wood Fence
  • Chain Link Fence

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,816 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • 2 Units
  • Forest Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1602924210092

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,153

Year Built

Built in 1894

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: 1894
  • Above Grade Finished Sq Ft: 1816
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Living Area: 1816
  • Basement YN: Yes
  • Appliances: Dryer,Range
  • Total Rooms: 5
  • Appliances: Range
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • Fencing: Chain Link, Wood
  • Neighborhood: Jordan

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 480
  • Garage Door Height: 0
  • Other Parking Spaces: 0

Utilities

  • Heating: Baseboard, Forced Air, Other
  • 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: 129x45
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1602924210092
  • Tax Annual Amount: 3153
  • TaxWithAssessments: 3153.0000

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Aug 10, 2023
Sold by
Aberro Properties Llc
Bought by
Tossing Robert and Mandel Ellie
Seller's Agent
Luke Chase
RE/MAX Results
Buyer's Agent
Daniel Moore
eXp Realty
List Price
$269,000
Sold Price
$279,000
Premium/Discount to List
$10,000
3.72%
Views
109
Current Estimated Value
$258,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,301
Avg. Annual Appreciation
-4.19%
Original Mortgage
$16,500
Outstanding Balance
$16,156
Interest Rate
6.81%
Estimated Equity
$238,656

Purchase Details

Listed on
Jul 5, 2023
Closed on
Aug 7, 2023
Sold by
Aberro Properties Llc
Bought by
Tossing Robert and Mandel Ellie
Seller's Agent
Luke Chase
RE/MAX Results
Buyer's Agent
Daniel Moore
eXp Realty
List Price
$269,000
Sold Price
$279,000
Premium/Discount to List
$10,000
3.72%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,500
Outstanding Balance
$16,156
Interest Rate
6.81%
Estimated Equity
$238,656

Purchase Details

Listed on
Apr 27, 2022
Closed on
Dec 20, 2022
Sold by
Jsw Properties Llc
Bought by
Aberro Properties Llc
Seller's Agent
Artemisa Boston
eXp Realty
Buyer's Agent
Artemisa Boston
eXp Realty
List Price
$180,000
Sold Price
$163,000
Premium/Discount to List
-$17,000
-9.44%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
131.59%
Original Mortgage
$130,400
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2018
Sold by
Arias Maria and Arias Ramon
Bought by
Arias Maria and Arias Ramon

Purchase Details

Closed on
Aug 13, 2018
Sold by
Timm Bruce M and Timm Janine Marie
Bought by
Arias Maria
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
Tossing Robert $279,000 --
Tossing Robert $279,000 Watermark Title
Aberro Properties Llc $175,226 Watermark Title
Aberro Properties Llc $175,225 --
Jsw Properties Llc $163,000 --
Aberro Properties Llc $175,225 --
Jsw Properties Llc $163,000 Executive Title Services
Arias Maria -- None Available
Arias Maria $118,485 Executive Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tossing Robert $16,500
Open Tossing Robert $276,500
Closed Tossing Robert $265,000
Previous Owner Jsw Properties Llc $130,400
Previous Owner Timm Janine M $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $279,000 +3.7% $154 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $269,000 +65.0% $148 / Sq Ft
12/20/2022 12/20/22 Sold $163,000 -9.4% $90 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
11/30/2022 11/30/22 For Sale $180,000 0.0% $99 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $180,000 +10.4% $99 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
07/06/2022 07/06/22 Off Market $163,000 -- --
06/28/2022 06/28/22 Price Changed $180,000 -4.8% $99 / Sq Ft
06/17/2022 06/17/22 Price Changed $189,000 -5.0% $104 / Sq Ft
04/27/2022 04/27/22 For Sale $199,000 -- $110 / 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 $2,501 $209,000 $14,000 $195,000
2022 $2,782 $197,000 $14,000 $183,000
2021 $2,675 $164,500 $11,000 $153,500
2020 $2,411 $164,500 $9,800 $154,700
2019 $1,428 $137,000 $6,500 $130,500
2018 $1,122 $119,000 $6,500 $112,500
2017 $965 $88,500 $5,900 $82,600
2016 $1,168 $98,500 $5,900 $92,600
2015 $1,021 $87,000 $5,900 $81,100
2014 -- $80,000 $7,600 $72,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6393122

NorthstarMLS

APN: 16-029-24-21-0092