NOT LISTED FOR SALE

Estimated Value: $329,000 - $360,000

3 Beds
2 Baths
1,690 Sq Ft
$201/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $317,500 $188 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,171/month

30 Days on Market

About This Home

As of April 2023

Don't miss this cash flowing duplex opportunity in the Harrison neighborhood! Located on a quiet street, just a block off of Glenwood Ave, with easy access to downtown, uptown, I-94 & I-394, this property currently has short term under-market leases in place, that can be extended or vacated for an owner/occupant. Detached garage and lower level provide bonus storage spaces. Walking distance to neighborhood favorites La Dona & Royal Foundry Distillery! This property is located in a federally qualified Opportunity Zone.

Last Agent to Sell the Property

Aaron Goldstein

Gold Group Realty, LLC Listed on: 03/24/2023

Gold Group Realty, LLC

Co-Listed By

Louis Puchtel

Gold Group Realty, LLC

Last Buyer's Agent

Jennifer Bush

Keller Williams Realty Integrity Lakes

Keller Williams Realty Integrity Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,848

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 40 x 128
  • Chain Link Fence

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,690 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Boiler Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, fuel
  • The owner pays for trash collection, water
  • Assessor Parcel Number 2102924340054

Community Details

Overview

  • 2 Units
  • Byrnes Add Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,848

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 1690
  • Water Sewer Expenses: 1800
  • 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
  • Living Area: 1690
  • Owner Pays: Trash Collection, Water
  • Basement YN: Yes
  • Appliances: Dishwasher,Gas Water Heater,Range
  • Total Rooms: 5
  • Amenities: Walk-Up Attic
  • Appliances: Dishwasher,Range
  • Total Rooms: 5
  • Shared Rooms: Sun Room

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Chain Link
  • Neighborhood: Harrison

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 529

Utilities

  • Heating: Boiler, Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric
  • Number of Ranges: One Per Unit

Schools

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

Lot Info

  • Lot Size: 40 x 128
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other
  • Units Total: 2

Rental Info

  • Expenses: 7388.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2102924340054
  • Tax Annual Amount: 3848
  • TaxWithAssessments: 3848.4600

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 24, 2023
Closed on
Apr 25, 2023
Sold by
Ofstedal Daniel Paul
Bought by
Herman Emily
Seller's Agent
Aaron Goldstein
Gold Group Realty, LLC
Buyer's Agent
Jennifer Bush
Keller Williams Realty Integrity Lakes
List Price
$325,000
Sold Price
$317,500
Premium/Discount to List
-$7,500
-2.31%
Views
80
Current Estimated Value
$339,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,134
Avg. Annual Appreciation
2.88%
Original Mortgage
$15,875
Outstanding Balance
$2,266
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$337,368

Purchase Details

Closed on
Jan 28, 2011
Sold by
Kim Sandra
Bought by
Ofstedal Daniel Paul

Purchase Details

Closed on
Oct 1, 1999
Sold by
Romais Luiz G and Romais Julieta C
Bought by
Ofstedal Daniel P and Kim Sandra
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
Herman Emily $317,500 Midland Title
Ofstedal Daniel Paul -- None Available
Ofstedal Daniel P $51,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herman Emily $15,875
Open Herman Emily $285,750
Previous Owner Ofstedal Daniel P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $317,500 -2.3% $188 / Sq Ft
03/28/2023 03/28/23 For Sale $325,000 -- $192 / 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 $4,015 $251,000 $67,000 $184,000
2022 $3,296 $239,000 $57,000 $182,000
2021 $2,639 $194,000 $35,000 $159,000
2020 $2,855 $161,500 $20,100 $141,400
2019 $2,669 $161,500 $13,400 $148,100
2018 $2,265 $147,000 $13,400 $133,600
2017 $2,315 $123,500 $12,200 $111,300
2016 $2,195 $113,500 $12,200 $101,300
2015 $2,699 $126,000 $12,200 $113,800
2014 -- $109,500 $10,700 $98,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6346784

NorthstarMLS

APN: 21-029-24-34-0054