NOT LISTED FOR SALE

Estimated Value: $287,000 - $322,000

2 Beds
2 Baths
1,440 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $297,000 $206 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,019/month

12 Days on Market

Highlights

  • Porch
  • Property is Fully Fenced
  • 3-minute walk to Gluek Park
  • Baseboard Heating

About This Home

As of June 2024

Unbelievable opportunity in Northeast Minneapolis duplex. Each unit features 1 bedroom, a full bath, living room, dining room and kitchen. Shared laundry and storage in the lower level. 2 stoves, 2 refrigerators and environmentally efficient electric heat. Units had long term renters, likely well under current rental rates. Fill with 2 new tenants or house hack by living in one and renting the other! Maintenance free stucco exterior, full privacy fenced backyard, back porch and storage shed. 2 electrical panels, 2 water heaters (new 2019), 2 off-street parking spots (plenty of room for adding a garage). Home pre-inspected & warranty provided.

Last Agent to Sell the Property

Steve Smillie

Edina Realty, Inc. Listed on: 04/09/2024

Edina Realty, Inc.

Co-Listed By

Matthew Keil

Edina Realty, Inc.

Last Buyer's Agent

Steve Smillie

Edina Realty, Inc. Listed on: 04/09/2024

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,510

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 40x125
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence

Home Design

  • Duplex

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Porch
  • Baseboard Heating

Community Details

  • 2 Units
  • Northern Pacific Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1002924410070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,510

Year Built

Built in 1910

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: 1910
  • Above Grade Finished Sq Ft: 1440
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 1440
  • Basement YN: Yes
  • Total Rooms: 5
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • Fencing: Full, Privacy, Wood
  • Neighborhood: Bottineau
  • PatioPorchType: Porch

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 40x125
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1002924410070
  • Tax Annual Amount: 4510
  • TaxWithAssessments: 4510.0000

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jun 17, 2024
Sold by
Sung Marcq and Matze Mary
Bought by
Seiffert Bryan and Seiffert Cheryl
Seller's Agent
Steve Smillie
Edina Realty, Inc.
Buyer's Agent
Steve Smillie
Edina Realty, Inc.
List Price
$300,000
Sold Price
$297,000
Premium/Discount to List
-$3,000
-1%
Views
61
Current Estimated Value
$302,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,084
Avg. Annual Appreciation
1.44%
Original Mortgage
$237,600
Outstanding Balance
$235,087
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$66,997

Purchase Details

Listed on
May 17, 2013
Closed on
Sep 20, 2013
Sold by
Wilsey Sharon J
Bought by
Sung Marc H
Seller's Agent
Paul St Andrew
RE/MAX Results
Buyer's Agent
Steve Smillie
Edina Realty, Inc.
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$86,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2012
Sold by
Boggs Jerry M
Bought by
Wilsey Donald A and Wilsey Sharon J

Purchase Details

Closed on
May 16, 2012
Sold by
Wilsey Cynthia J
Bought by
Wilsey Donald A and Wilsey Sharon J

Purchase Details

Closed on
Oct 8, 2003
Sold by
Wilsey Cynthia J
Bought by
Boggs Dawn J and Boggs Jerry M
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
Seiffert Bryan $297,000 --
Sung Marc H $115,000 Liberty Title Inc
Wilsey Donald A -- None Available
Wilsey Donald A -- None Available
Boggs Dawn J $45,747 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seiffert Bryan $237,600
Previous Owner Matze Mary $120,000
Previous Owner Sung Marc H $86,250
Closed Boggs Dawn J --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $297,000 -1.0% $206 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $300,000 +160.9% $208 / Sq Ft
09/20/2013 09/20/13 Sold $115,000 -4.1% $80 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $119,900 -- $83 / 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 $4,511 $282,000 $106,000 $176,000
2022 $4,029 $279,000 $106,000 $173,000
2021 $3,410 $223,000 $59,000 $164,000
2020 $3,183 $193,500 $40,700 $152,800
2019 $3,270 $165,500 $27,100 $138,400
2018 $2,733 $165,500 $27,100 $138,400
2017 $2,427 $129,500 $24,600 $104,900
2016 $2,272 $117,500 $24,600 $92,900
2015 $1,988 $98,000 $24,600 $73,400
2014 -- $89,000 $22,800 $66,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6505430

NorthstarMLS

APN: 10-029-24-41-0070