NOT LISTED FOR SALE

Estimated Value: $521,000 - $625,000

7 Beds
3 Baths
3,720 Sq Ft
$153/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $579,000 $156 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,812/month

54 Days on Market

About This Home

As of March 2024

Operated as a duplex but built as a triplex. Great investment or future owner occupant property. 7 beds in all, 3 on 1st, 2 on 2nd and 2 on 3rd floor. Currently operated as a duplex with a 3-bed lower unit and a 2-story, 4-bed upper unit. 1st and 2nd floor have very large floorplans and each floor has a full bath. Updated kitchens with stainless appliances on 1st and 2nd floors. 3rd floor would need a kitchen added. All 3 floors have separate front and back entrances. Floors 1 and 2 have lots of living space including open air front porches and enclosed back porches and 2nd floor has an open-air deck in the back. 2 boilers, one new boiler in 2004. Large parking pad with alley access and nicely shaded back yard. The current rent for the 1st floor is $1,850. 2nd and 3rd floor are rented together at $2,450/mon. Located on Pleasant Avenue, the location provides easy access to downtown MPLS, 35w, Uptown and the lakes.

Last Agent to Sell the Property

Jerry Lindeen

Metro Group Real Estate Listed on: 01/19/2024

Last Buyer's Agent

Brady Simon

Keller Williams Classic Rlty NW

Keller Williams Classic Rlty NW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,570

Year Built

  • Built in 1906

Lot Details

  • 7,405

Home Design

  • Duplex
  • Architectural Shingle Roof

Interior Spaces

  • 3,720 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Additional Features

  • Lot Dimensions are 44 x 165
  • Hot Water Heating System

Community Details

  • 2 Units
  • J T Blaisdells Rev Add Subdivision

Listing and Financial Details

  • The owner pays for electricity, insurance, taxes, trash collection, water
  • Assessor Parcel Number 3402924240071

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,570

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Association Amenities: Laundry
  • Year Built: 1906
  • Above Grade Finished Sq Ft: 3720
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Full
  • Living Area: 3720
  • Owner Pays: Electricity, Insurance, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Countertops-Granite,Porch
  • Appliances: Dishwasher,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 7
  • Amenities: Countertops-Granite,Deck,Porch
  • Appliances: Dishwasher,Range,Stainless Steel Appliances
  • Total Rooms: 11
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle
  • Fencing: None
  • ConstructionMaterialsDesc: Frame
  • Neighborhood: Whittier
  • PatioPorchType: Enclosed,Front Porch,Rear Porch,Terrace

Garage/Parking

  • Parking Features: Concrete

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer - In Street
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 44 x 165
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3402924240071
  • Tax Annual Amount: 6570
  • TaxWithAssessments: 6570.0000

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Mar 28, 2024
Sold by
Asan Nancy
Bought by
Positive Developments Llc
Seller's Agent
Jerry Lindeen
Metro Group Real Estate
Buyer's Agent
Brady Simon
Keller Williams Classic Rlty NW
List Price
$619,900
Sold Price
$579,000
Premium/Discount to List
-$40,900
-6.6%
Views
70
Current Estimated Value
$597,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,078
Avg. Annual Appreciation
-1.17%

Purchase Details

Closed on
Apr 4, 2019
Sold by
Acker Scott J
Bought by
Asan Nancy

Purchase Details

Closed on
Sep 30, 2003
Sold by
Christenson Ronald A and Christenson Gloria J
Bought by
Acker Scott
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
Positive Developments Llc $579,000 Titlesmart
Asan Nancy $445,000 Burnet Title
Acker Scott $338,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acker Scott J $241,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $579,000 +23532.7% $156 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
02/12/2024 02/12/24 Rented $2,450 0.0% --
02/02/2024 02/02/24 Price Changed $599,900 0.0% $161 / Sq Ft
01/19/2024 01/19/24 Price Changed $2,450 0.0% $1 / Sq Ft
01/19/2024 01/19/24 For Sale $619,900 0.0% $167 / Sq Ft
11/15/2023 11/15/23 For Rent $2,500 +35.1% --
10/01/2022 10/01/22 Rented $1,850 -2.6% --
09/20/2022 09/20/22 For Rent $1,900 -- --
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 $6,514 $500,000 $159,000 $341,000
2022 $8,560 $500,000 $159,000 $341,000
2021 $7,531 $504,000 $150,000 $354,000
2020 $8,144 $460,500 $117,500 $343,000
2019 $8,362 $460,500 $78,300 $382,200
2018 $7,345 $460,500 $78,300 $382,200
2017 $6,792 $362,500 $71,200 $291,300
2016 $6,083 $315,000 $71,200 $243,800
2015 $5,729 $283,000 $71,200 $211,800
2014 -- $251,000 $71,200 $179,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6478917

NorthstarMLS

APN: 34-029-24-24-0071