NOT LISTED FOR SALE

2520 23rd Ave N Minneapolis, MN 55411

Willard-Hay Neighborhood

Estimated Value: $215,532 - $266,000

4 Beds
2 Baths
2,640 Sq Ft
$91/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $75,000 $28 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $1,506/month

284 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Community Deck or Porch

About This Home

As of July 2014

This is a great duplex for an owner occupied buyer or investor. Great cash flow opportunity!! 100% Occupied 24 hr notice require through June 30th. Unit #2 (upper) moving, perfect for owner occupied unit! New C of O in June 2014!

Last Agent to Sell the Property

Todd Harrington

EXIT Realty Metro Listed on: 09/27/2013

Last Buyer's Agent

Ian Alexander

Lakes Area Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,643

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Corner Lot
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel
  • The owner pays for lawn, maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,643

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessments: Yes
  • Construction: Previously Owned
  • Stories: 2 Story
  • Street Designation: Avenue
  • Estimated Number of Acres: 0.17
  • Comp Dev Subdiv Name: Willard - Hay
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2640
  • Total Fin Square Footage: 2640

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Porch

Lot Info

  • Lot/Land Description: Corner Lot, Tree Coverage - Light
  • Estimated Lot Dimensions: 60x120

Rental Info

  • Owner Expense: Lawn, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Fuel

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 1

Tax Info

  • Year: 2013
  • Tax Value: 1643

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2013
Closed on
Jul 25, 2014
Bought by
Porter Kristel Kristel
Seller's Agent
Todd Harrington
EXIT Realty Metro
Buyer's Agent
Ian Alexander
Lakes Area Realty
List Price
$109,900
Sold Price
$75,000
Premium/Discount to List
-$34,900
-31.76%
Current Estimated Value
$241,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,383
Avg. Annual Appreciation
10.82%
Original Mortgage
$74,000
Outstanding Balance
$56,302
Interest Rate
4.13%
Estimated Equity
$185,081

Purchase Details

Closed on
Oct 26, 2010
Sold by
Bradford Properties Llc
Bought by
Marpe Holdings Ii Llc

Purchase Details

Closed on
Sep 28, 2007
Sold by
Us Bank Na
Bought by
Triumphant Properties Llc

Purchase Details

Closed on
Sep 17, 2002
Sold by
Ebohon Babatunde F
Bought by
Senior Wayne A

Purchase Details

Closed on
Mar 19, 2001
Sold by
Cross Melvin L
Bought by
Ebohon Babatunde F
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
Porter Kristel Kristel $75,000 --
Marpe Holdings Ii Llc $96,000 --
Triumphant Properties Llc $72,000 --
Senior Wayne A $152,500 --
Ebohon Babatunde F $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porter Kristel Kristel $74,000
Closed Marpe Holdings Ii Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2014 07/25/14 Sold $75,000 -31.8% $28 / Sq Ft
07/08/2014 07/08/14 Pending -- -- --
09/27/2013 09/27/13 For Sale $109,900 -- $42 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $8,083 $198,000 $18,000 $180,000
2023 $2,553 $189,000 $18,000 $171,000
2022 $4,702 $172,000 $18,000 $154,000
2021 $1,615 $140,000 $12,000 $128,000
2020 $1,696 $117,000 $18,000 $99,000
2019 $1,116 $114,500 $12,000 $102,500
2018 $856 $99,500 $12,000 $87,500
2017 $883 $83,500 $10,900 $72,600
2016 $990 $88,000 $10,900 $77,100
2015 $798 $73,500 $10,900 $62,600
2014 -- $71,500 $10,900 $60,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Todd Harrington

    EXIT Realty Metro

  • I

    Buyer's Agent in 2014

    Ian Alexander

    Lakes Area Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4544140

REALTOR® Association of Southern Minnesota

APN: 17-029-24-11-0116

Minnesota Hennepin County Minneapolis 55411 Willard-Hay

2520 23rd Ave N, Minneapolis, MN

Not Listed for Sale

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