NOT LISTED FOR SALE

Estimated Value: $277,878 - $315,000

6 Beds
2 Baths
2,044 Sq Ft
$145/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $275,000 $135 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,964/month

37 Days on Market

About This Home

As of November 2023

Great opportunity for investor or owner occupant. Both units are 3 bedrooms and 1 bathroom and have great open living spaces with large windows. Property has new roof and siding, too. Long standing tenants live in Unit #1, paying $1600/month through 05/31/2024. Schedule your showing today!

Last Agent to Sell the Property

Joshua Brook

Wits Realty Listed on: 09/28/2023

Last Buyer's Agent

Monique Hill

Bridge Realty, LLC

Bridge Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,027

Year Built

  • Built in 1900

Lot Details

  • 6,534

Parking

  • Unassigned Parking

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2,044 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 40x159
  • Hot Water Heating System

Community Details

  • 2 Units
  • Subd Ferrants 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1702924120059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,027

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
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2044
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Living Area: 2044
  • Basement YN: Yes
  • Amenities: Cable,Ceiling Fan(s)
  • Appliances: Microwave,Range
  • Amenities: Ceiling Fan(s)
  • Appliances: Microwave,Range

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Neighborhood: Willard - Hay

Garage/Parking

  • Parking Features: Asphalt, Unassigned

Utilities

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

Schools

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

Lot Info

  • Lot Size: 40x159
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Green Features

  • Green Certified Status: Tested

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 1.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1702924120059
  • Tax Annual Amount: 4027
  • TaxWithAssessments: 4494.0000

Multi Family

  • ElectricExpense: 1
  • FuelExpense: 1
  • Resident Manager Expense: 1
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Nov 13, 2023
Sold by
Ring Ryan Duane and Ring Sara Marie
Bought by
Mountain High Llc
Seller's Agent
Joshua Brook
Wits Realty
Buyer's Agent
Monique Hill
Bridge Realty, LLC
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%
Views
67
Current Estimated Value
$297,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,732
Avg. Annual Appreciation
3.83%

Purchase Details

Closed on
Mar 30, 2020
Sold by
Brown Angela F
Bought by
Ring Sara Marie and Ring Ryan Duane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,925
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2018
Sold by
New Salem Missionary Baptist Church
Bought by
Brown Angela F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 15, 2009
Sold by
Hsbc Bank Usa Na
Bought by
New Salem Missionary Baptist Church
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mountain High Llc $275,000 Lake Title
Ring Sara Marie $219,900 Results Title
Brown Angela F $195,000 Land Title Inc
New Salem Missionary Baptist Church $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ring Sara Marie $164,925
Previous Owner Brown Angela F $175,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $275,000 -5.2% $135 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
09/30/2023 09/30/23 For Sale $290,000 -- $142 / 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 $4,774 $263,000 $23,000 $240,000
2023 $4,248 $255,000 $23,000 $232,000
2022 $3,981 $251,000 $17,000 $234,000
2021 $1,814 $225,000 $11,000 $214,000
2020 $1,768 $111,500 $17,100 $94,400
2019 $1,252 $100,500 $11,400 $89,100
2018 $1,340 $87,500 $11,400 $76,100
2017 $3,795 $73,500 $10,400 $63,100
2016 $2,254 $77,500 $10,400 $67,100
2015 $1,325 $66,500 $10,400 $56,100
2014 -- $66,500 $10,400 $56,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6440002

NorthstarMLS

APN: 17-029-24-12-0059