NOT LISTED FOR SALE

2605 138th Ave NW Andover, MN 55304

6 Beds
4 Baths
3,268 Sq Ft
0.56 Acres

Last Sold January 10, 2024

Last sale price $655,000 $200 Per Sq Ft

26 Days on Market

Highlights

  • Home fronts a pond
  • Forced Air Heating System
  • 5-minute walk to 138th Avenue Park
  • Crooked Lake Elementary School Rated A-

About This Home

As of January 2024

Here is a great opportunity to own a great income producing property in Andover. All of the units wererenovated between 2020 and 2022. Most pictures are of the vacant unit, but that is representative of what all of the other units look like. The solar system is paid for and frequently zeros out the electric billand produces extra income monthly.The vacant unit is available for showings, the rest of the units can be toured after an offer is received.

Last Agent to Sell the Property

Tanner Nordlund

Parcel Real Estate Inc. Listed on: 11/14/2023

Last Buyer's Agent

Kary Olson

National Realty Guild

National Realty Guild

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,548

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 110 x 220
  • Home fronts a pond

Home Design

  • Quadruplex
  • Bi-Level Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • 200+ Amp Service
  • Well

Additional Features

  • Basement

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • The owner pays for insurance, grounds care, repairs, snow removal, taxes, water
  • Assessor Parcel Number 333224130017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,548

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1972
  • Above Grade Finished Sq Ft: 1634
  • Water Sewer Expenses: 1200
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • FoundationDimensions: 60 x 30
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Living Area: 3268
  • Below Grade Finished Sq Ft: 1634
  • Owner Pays: Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Water
  • Basement YN: Yes
  • Total Rooms: 4
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Four

Schools

  • Junior High Dist: Anoka-Hennepin
  • SchoolDistrictNumber: 11
  • SchoolDistrictPhone: 763-506-1000

Lot Info

  • Waterfront YN: No
  • Lot Size: 110 x 220
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding
  • Units Total: 4

Rental Info

  • Expenses: 3150.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 333224130017
  • Tax Annual Amount: 4548
  • TaxWithAssessments: 4548.0000

Multi Family

  • TenantPays: Electricity, Trash Collection
  • WaterfrontFeatures: Pond
  • Number Of Refrigerators: Four

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

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $655,000 +0.8% $200 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
12/03/2023 12/03/23 For Sale $650,000 0.0% $199 / Sq Ft
12/02/2023 12/02/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $650,000 -- $199 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6459814

NorthstarMLS