Seller's Agent in 2023
Richard Webb
RE/MAX Results
(612) 221-7435
1 in this area
272 Total Sales
2518 3rd St NE Minneapolis, MN 55418
Marshall Terrace NeighborhoodEstimated Value: $347,191 - $392,000
3
Beds
2
Baths
1,665
Sq Ft
$221/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Property is Fully Fenced
- Many Trees
- Coin Laundry
About This Home
As of October 2023Check out this amazing duplex located in the high demand NE arts district that's perfect if you're thinking about becoming an owner-occupant or as a full investment property. We're talking major upgrades in the last 4 years like a new, modern, horizontal wood privacy fence, extra parking pad, and even a dog-run for your fur baby. The upstairs unit is fully renovated with new windows, a sleek reno of the GIANT bathroom, and new carpet. Downstairs? We've got you covered with a high-tech dishwasher, smart Wi-Fi-enabled light fixtures and door locks, and a bathroom that's straight out of a design blog. Downstairs unit has a lease in place until July 31, 2024 for $2130/month. Both units have brand-new central AC, fresh paint, and there's even a coin-op laundry in the basement. Original woodwork gives the place character, and there's tons of storage space. Plus, you'll have plenty of parking, including a two-car garage.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,951
Year Built
- Built in 1927
Lot Details
- Lot Dimensions are 46x157
- Property is Fully Fenced
- Privacy Fence
- Wood Fence
- Many Trees
Parking
- 2 Car Garage
- Garage Door Opener
- Driveway
Home Design
- Duplex
Interior Spaces
- 1,665 Sq Ft Home
- 1.5-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Stone or Rock in Basement
- Basement Storage
Utilities
- Forced Air Heating System
- 100 Amp Service
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, grounds care, snow removal
- The owner pays for all utilities, trash collection, water
- Assessor Parcel Number 1102924230092
Community Details
Overview
- 2 Units
- B S Wrights Add Subdivision
Amenities
- Coin Laundry
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2023
Closed on
Oct 5, 2023
Sold by
Bought by
Seller's Agent
Richard Webb
RE/MAX Results
List Price
$380,000
Sold Price
$381,000
Premium/Discount to List
$1,000
0.26%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,452
Avg. Annual Appreciation
-1.32%
Original Mortgage
$374,099
Outstanding Balance
$363,580
Interest Rate
7.12%
Mortgage Type
FHA
Estimated Equity
$3,968
Purchase Details
Closed on
Dec 18, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 29, 2002
Sold by
Bought by
Purchase Details
Closed on
Jul 7, 2000
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $371,000 | Great North Title | ||
| -- | First American Title Ins Co | ||
| $268,000 | First American Title Ins Co | ||
| $226,000 | -- | ||
| $188,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $374,099 | ||
| Previous Owner | $214,400 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/13/2023 10/13/23 | Sold | $381,000 | +0.3% | $229 / Sq Ft |
| 09/21/2023 09/21/23 | Pending | -- | -- | -- |
| 09/04/2023 09/04/23 | For Sale | $380,000 | -- | $228 / Sq Ft |
Source: NorthstarMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $9,489 | $388,800 | $116,000 | $272,800 |
| 2024 | $6,164 | $338,000 | $116,000 | $222,000 |
| 2023 | $5,406 | $338,000 | $116,000 | $222,000 |
| 2022 | $5,138 | $307,500 | $116,000 | $191,500 |
| 2021 | $4,941 | $302,500 | $55,000 | $247,500 |
| 2020 | $4,621 | $302,500 | $42,000 | $260,500 |
| 2019 | $4,157 | $252,000 | $28,000 | $224,000 |
| 2018 | $3,786 | $229,000 | $28,000 | $201,000 |
| 2017 | $3,365 | $179,500 | $25,500 | $154,000 |
| 2016 | $3,549 | $183,500 | $25,500 | $158,000 |
| 2015 | $3,105 | $153,000 | $25,500 | $127,500 |
| 2014 | -- | $133,000 | $28,100 | $104,900 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Webb
Map
Source: NorthstarMLS
MLS Number: 6416842
APN: 11-029-24-23-0092
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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