NOT LISTED FOR SALE

Estimated Value: $310,000 - $439,000

4 Beds
2 Baths
2,720 Sq Ft
$137/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $340,000 $125 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,297/month

31 Days on Market

Highlights

  • Hot Water Heating System
  • Wood Fence
  • 4-minute walk to Clinton Field Park

About This Home

As of April 2024

Great opportunity to own an income producing duplex at an affordable price point. 2 units. 1 bedroom down and 3 bedrooms up. Newer roof, large front porch, on-site laundry in basement, 2-car garage. Excellent location walking distance from Eat Street, the Minneapolis Art Institute and the Minneapolis College of Are and Design.

Last Agent to Sell the Property

James Kantorowicz

Edina Realty, Inc. Listed on: 03/15/2024

Edina Realty, Inc.

Last Buyer's Agent

Clayton Chessen

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,994

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 53.10x128.00
  • Wood Fence

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Hot Water Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for fuel, insurance, sewer, taxes, trash collection
  • Assessor Parcel Number 3402924420003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,994

Year Built

Built in 1900

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
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2720
  • Water Sewer Expenses: 2100
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 21x55
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: 8 ft+ Pour
  • Living Area: 2720
  • Owner Pays: Fuel, Insurance, Sewer, Taxes, Trash Collection
  • Basement YN: Yes
  • Total Rooms: 5
  • Total Rooms: 7

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: Wood
  • Neighborhood: Whittier

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 400
  • Garage Door Height: 7

Utilities

  • Heating: 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: 53.10x128.00
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 9911.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3402924420003
  • Tax Annual Amount: 3994
  • TaxWithAssessments: 4196.3200

Multi Family

  • TenantPays: Electricity
  • ElectricExpense: 1500
  • FuelExpense: 2330
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 17, 2024
Sold by
Peterson Duane and Hagler Susan
Bought by
Andre Phillip
Seller's Agent
James Kantorowicz
Edina Realty, Inc.
Buyer's Agent
Clayton Chessen
RE/MAX Results
List Price
$340,000
Sold Price
$340,000
Views
33
Current Estimated Value
$352,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,540
Avg. Annual Appreciation
0.93%
Original Mortgage
$323,000
Outstanding Balance
$319,931
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$24,141

Purchase Details

Closed on
May 1, 2002
Sold by
Knough Korbet
Bought by
Hagler Susan and Peterson Duane A

Purchase Details

Closed on
Nov 24, 1999
Sold by
Donn John E
Bought by
Krough Korbet L
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
Andre Phillip $340,000 --
Hagler Susan $24,000 --
Krough Korbet L $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andre Phillip $323,000
Previous Owner Peterson Duane A $175,000
Closed Krough Korbet L --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $340,000 0.0% $125 / Sq Ft
04/04/2024 04/04/24 Off Market $340,000 -- --
03/21/2024 03/21/24 For Sale $340,000 -- $125 / 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 $4,196 $306,000 $99,000 $207,000
2022 $4,152 $294,000 $77,000 $217,000
2021 $4,015 $284,000 $74,000 $210,000
2020 $4,109 $283,500 $96,400 $187,100
2019 $3,844 $283,500 $96,400 $187,100
2018 $3,793 $257,500 $96,400 $161,100
2017 $3,888 $252,500 $87,600 $164,900
2016 $4,230 $266,000 $87,600 $178,400
2015 $4,058 $243,000 $87,600 $155,400
2014 -- $211,500 $74,100 $137,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6490457

NorthstarMLS

APN: 34-029-24-42-0003