NOT LISTED FOR SALE

Estimated Value: $325,812 - $423,000

4 Beds
2 Baths
1,568 Sq Ft
$239/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $340,000 $217 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,562/month

9 Days on Market

About This Home

As of April 2023

Lovely up and down duplex in the heart of Northeast Minneapolis offering many amazing restaurants, microbreweries, the Art District, quaint shops, great bars, and fun nightlife. Explore the Mississippi River with its many waterfront parks, walking trails and scenic views. Quick access to the bus line and there is handy off-street parking in the backyard just off the alley. A must see those looking for an owner/occupied duplex or another strong property to add to an investment portfolio. Both units are very nicely updated with current colors and decor features. Both units feature individual furnaces and water heaters. Main floor unit has a wonderful sunny porch. Large laundry area in the basement level. There is a shed in the backyard for additional storage options.

Last Agent to Sell the Property

Tony Stevens

Coldwell Banker Realty Brokerage Phone: 612-385-6100 Listed on: 03/10/2023

Coldwell Banker Realty

Last Buyer's Agent

Clark Lensing

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,699

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 41.5x120
  • Chain Link Fence
  • Few Trees

Home Design

  • Duplex

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Shared Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Murdoughs Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, fuel
  • The owner pays for insurance, grounds care, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 1002924140139

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,699

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: 1568
  • Water Sewer Expenses: 2352
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-385-6100
  • Attribution Contact: 612-385-6100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Shared Access, Unfinished
  • Living Area: 1568
  • Owner Pays: Insurance, Grounds Care, Repairs, Other, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s),Main Floor Primary Bedroom,Porch,Tile Floors
  • Appliances: Range
  • Number Of Fireplaces: 0
  • Total Rooms: 5
  • Appliances: Range
  • Total Rooms: 5
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • Fencing: Chain Link
  • Neighborhood: Marshall Terrace

Garage/Parking

  • Parking Features: Concrete, Open
  • Other Parking Spaces: 0
  • Other Parking Spaces: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: One Per Unit

Schools

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

Lot Info

  • Lot Size: 41.5x120
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: SquareFeet
  • 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: 1002924140139
  • Tax Annual Amount: 5699
  • TaxWithAssessments: 5939.1000

Multi Family

  • TenantPays: Cable TV, Electricity, Fuel
  • Number Of Refrigerators: One Per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Apr 21, 2023
Sold by
Rasco Investments Llc
Bought by
Burke Jack T
Seller's Agent
Tony Stevens
Coldwell Banker Realty
Buyer's Agent
Clark Lensing
RE/MAX Results
List Price
$312,900
Sold Price
$340,000
Premium/Discount to List
$27,100
8.66%
Current Estimated Value
$375,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,453
Avg. Annual Appreciation
2.03%
Original Mortgage
$312,300
Outstanding Balance
$305,844
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$49,957

Purchase Details

Closed on
Nov 17, 2010
Sold by
The Bank Of New York Mellon
Bought by
Rasco Investments Llc

Purchase Details

Closed on
Jan 25, 2007
Sold by
Ziebol Robert J and Ziebol Lois A
Bought by
Alonso Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2002
Sold by
Ziebol James W and Ziebol Andrey R
Bought by
Ziebol Robert J and Ziebol Lois A
Source: Public Records

Range of Values:

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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
Burke Jack T $340,000 Burnet Title
Rasco Investments Llc $72,500 --
Alonso Jose $180,000 --
Ziebol Robert J $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Jack T $312,300
Previous Owner Rasco Investments Llc $165,000
Previous Owner Alonso Jose $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $340,000 +8.7% $217 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $312,900 -- $200 / 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 $5,822 $364,000 $99,000 $265,000
2022 $5,262 $354,000 $98,000 $256,000
2021 $5,080 $295,000 $47,000 $248,000
2020 $4,619 $295,000 $42,500 $252,500
2019 $4,057 $246,000 $28,300 $217,700
2018 $3,695 $223,500 $28,300 $195,200
2017 $3,281 $175,000 $25,700 $149,300
2016 $3,094 $160,000 $25,700 $134,300
2015 $2,709 $133,500 $25,700 $107,800
2014 -- $116,000 $25,700 $90,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6341194

NorthstarMLS

APN: 10-029-24-14-0139