NOT LISTED FOR SALE

Estimated Value: $522,000 - $625,630

6 Beds
3 Baths
3,100 Sq Ft
$182/Sq Ft Est. Value

Last Sold February 08, 2023

Last sale price $489,000 $158 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,923/month

254 Days on Market

Highlights

  • 1 Car Attached Garage
  • Hot Water Heating System
  • 4-minute walk to Mueller Park
  • Forced Air Heating System
  • Wood Fence

About This Home

As of February 2023

Cleaned and vacated. This duplex had long market time due to difficult tenants and original price. Exterior Painted Fall 2021, new entry carpet, upper level kitchen updated, new carpet on third floor, third floor bathroom reworked. Great opportunity to own this well appointed duplex in the convenient Wedge neighborhood. First floor 3 BR/1 BA unit with natural woodwork, formal dining, hardwood floors, Upper level 3 BR/ 2BA, living room with fireplace, formal dining, kitchen open to large sunroom with great deck. Large versatile 3rd level could be 4th bedroom, owners suite, office or 3rd living area. Cleaned and vacated.

Last Listed By

Jennifer Dille

Edina Realty, Inc. Listed on: 04/29/2022

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,505

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 40x128
  • Wood Fence

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Rubber Roof

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Hot Water Heating System

Community Details

  • 2 Units
  • Anderson Douglas & Co 1St Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, fuel, trash collection, water
  • The owner pays for grounds care, repairs, snow removal, taxes
  • Assessor Parcel Number 3302924130021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,505

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 3100
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic,Satellite
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 3100
  • Fireplace: No
  • Owner Pays: Grounds Care, Repairs, Snow Removal, Taxes
  • Basement YN: Yes
  • Amenities: Deck,Intercom System,Porch,Tile Floors
  • Appliances: Dishwasher,Dryer,Gas Water Heater,Range
  • Total Rooms: 9
  • Amenities: Deck,Other,Porch,Security System
  • Appliances: Dryer,Range
  • Total Rooms: 7
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt, Rubber
  • Fencing: Wood
  • ConstructionMaterialsDesc: Block
  • Neighborhood: Lowry Hill East

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Tuckunder Garage
  • Garage Square Feet: 300
  • Other Parking Spaces: 2

Utilities

  • Heating: Forced Air, Hot Water
  • Sewer: City Sewer/Connected
  • 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: 40x128
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 2478.0000

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 3302924130021
  • Tax Annual Amount: 9505
  • TaxWithAssessments: 9505.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Fuel, Trash Collection, Water
  • Resident Manager Expense: 1800
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Feb 7, 2023
Sold by
Jennings Catherine and Jennings Jason E
Bought by
Kelly Spencer and Kelly Van Ravenswaay
Seller's Agent
Jennifer Dille
Edina Realty, Inc.
Buyer's Agent
Keith Maahs
Coldwell Banker Realty
List Price
$599,000
Sold Price
$489,000
Premium/Discount to List
-$110,000
-18.36%
Total Days on Market
254
Views
10
Current Estimated Value
$562,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,658
Avg. Annual Appreciation
6.32%
Original Mortgage
$447,801
Outstanding Balance
$436,490
Interest Rate
6.48%
Mortgage Type
FHA
Estimated Equity
$126,168

Purchase Details

Closed on
Jul 15, 2004
Sold by
Anderson Walter F
Bought by
Jennings Jason E and Yankelevich Catherine

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
Kelly Spencer $489,000 Burnet Title
Jennings Jason E $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Spencer $447,801
Previous Owner Jennings Jason E $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2023 02/08/23 Sold $489,000 -0.2% $158 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
09/23/2022 09/23/22 Price Changed $489,900 -1.0% $158 / Sq Ft
07/20/2022 07/20/22 Price Changed $495,000 -1.0% $160 / Sq Ft
06/24/2022 06/24/22 Price Changed $500,000 -5.6% $161 / Sq Ft
06/15/2022 06/15/22 Price Changed $529,900 -3.7% $171 / Sq Ft
06/09/2022 06/09/22 Price Changed $550,000 -8.2% $177 / Sq Ft
04/29/2022 04/29/22 For Sale $599,000 -- $193 / 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 $9,291 $582,000 $164,000 $418,000
2022 $9,767 $562,000 $152,000 $410,000
2021 $9,505 $575,000 $131,000 $444,000
2020 $10,099 $571,000 $146,700 $424,300
2019 $9,425 $571,000 $97,800 $473,200
2018 $8,575 $519,000 $97,800 $421,200
2017 $8,366 $446,500 $88,900 $357,600
2016 $7,242 $375,000 $88,900 $286,100
2015 $7,591 $375,000 $88,900 $286,100
2014 -- $326,000 $84,300 $241,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6187416

NorthstarMLS

APN: 33-029-24-13-0021