NOT LISTED FOR SALE

Estimated Value: $365,839 - $425,000

4 Beds
2 Baths
1,743 Sq Ft
$234/Sq Ft Est. Value

Last Sold August 16, 2023

Last sale price $416,000 $239 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,693/month

6 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • 4-minute walk to Marshall Terrace Park
  • Patio

About This Home

As of August 2023

*Multiple Offers.* Please have all offers in by Monday 7/24 at 2PM. Super clean and updated solar powered Northeast Minneapolis Duplex. Each unit features 2 bedrooms, in-unit laundry, separate entrances, and central a/c. With newer furnaces, a/c's, electrical panels, updated windows, new flooring, carpet, and nicely updated kitchens and bathrooms. The photovoltaic rooftop solar array covers most electric usage and bills, with 7 years remaining of annual bonus payments to homeowner. With potential for additional finished square feet in the basement. Two decks, Rare 2.5 stall garage, nice yard, set in charming Marshall Terrace. Perfect owner occupant setup or long term investment property. Steps to the parks, restaurants, and breweries of Northeast Minneapolis.

Last Agent to Sell the Property

Jim Dropps

Northeast Real Estate Group Listed on: 07/18/2023

Last Buyer's Agent

Diane Schray

Real Estate Masters, Ltd.

Real Estate Masters, Ltd.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,837

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 40x120
  • Chain Link Fence
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,743 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for insurance, taxes, trash collection, water
  • Assessor Parcel Number 1002924140041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,837

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
  • Association Amenities: Deck, Patio
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1743
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 1743
  • Owner Pays: Insurance, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Deck
  • Appliances: Dryer,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 5
  • Amenities: Deck
  • Appliances: Dryer
  • Total Rooms: 5
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Chain Link
  • Neighborhood: McKinley
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 572
  • Other Parking Spaces: 2
  • Other Parking Spaces: 2

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 40x120
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1002924140041
  • Tax Annual Amount: 4837
  • TaxWithAssessments: 5070.5200

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Aug 16, 2023
Sold by
Edwards Nathan James and Edwards Sabrina
Bought by
Galloway Sean
Seller's Agent
Jim Dropps
Northeast Real Estate Group
Buyer's Agent
Diane Schray
Real Estate Masters, Ltd.
List Price
$395,000
Sold Price
$416,000
Premium/Discount to List
$21,000
5.32%
Total Days on Market
6
Views
20
Current Estimated Value
$407,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,540
Avg. Annual Appreciation
-1.15%
Original Mortgage
$395,200
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2014
Closed on
Apr 14, 2014
Sold by
Banker John M
Bought by
Swanson Craig
Seller's Agent
Jason Reed
RE/MAX Results
Buyer's Agent
Nathan Plasch
Edina Realty, Inc.
List Price
$189,900
Sold Price
$186,000
Premium/Discount to List
-$3,900
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$189,900
Interest Rate
4.31%
Mortgage Type
VA

Purchase Details

Closed on
May 26, 2004
Sold by
Barnard Roberta
Bought by
Premier Home Network Llc

Purchase Details

Closed on
Jul 31, 2003
Sold by
Deutsche Bank National Trust
Bought by
Chadwick Lawrence E

Purchase Details

Closed on
May 5, 2003
Sold by
Chadwick Lawrence E
Bought by
Barnard Roberta

Purchase Details

Closed on
Mar 15, 1996
Sold by
Barnard Roberta J
Bought by
Grimmer Alvin L

Purchase Details

Closed on
Mar 21, 1995
Sold by
Chadwick Lawrence and Chadwick Eugene
Bought by
Barnard Roberta Jane
Source: Public Records

Similar Homes in Minneapolis, MN

  • 1134 Lincoln St NE, Minneapolis, MN 55413

    $369,000

    • 4 Beds
    • 2 Baths
    • 1,810 Sq Ft
    • 1134 Lincoln St NE
    • Minneapolis, MN

    Great Investment Opportunity in Northeast Minneapolis! This charming duplex offers a total of 4 bedrooms and 2 bathrooms, perfect for investors or owner-occupants looking to supplement their income. Located in a prime location, you’ll be close to all that Minneapolis has to offer, including shops, restaurants, parks, and more. A must-see rental property!

    Xai Xiong Home Sellers

    Section Image
  • 3426 Elliot Ave, Minneapolis, MN 55407

    $440,000

    • 5 Beds
    • 2 Baths
    • 3,885 Sq Ft
    • 3426 Elliot Ave
    • Minneapolis, MN

    True classic duplex with great cash flow! Updated paint, yard, granite countertops, roof and boiler. Upper level is ready to be converted into a third unit-ideal for owner occupant to cash flow immediately! Private fenced backyard! Original fireplaces! Quick drive downtown and right in the heart of Powderhorn park. Upper unit pays $1800, lower tenant previously paid $1650 and both tenants pay $25

    Melissa Clawson eXp Realty

    Section Image
  • 3345 31st Ave S, Minneapolis, MN 55406

    $390,000

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 3345 31st Ave S
    • Minneapolis, MN

    Classic up/down duplex with all plumbing, gas systems, floors and kitchen cabinets updated. All bathrooms remodeled. Both units share laundry in the basement. First floor unit is 1 bed/1 bath. Second floor unit is 2 bed/1 bath.

    Melissa Clawson eXp Realty

    Section Image
  • 2715 Marshall St NE, Minneapolis, MN 55418

    $398,000

    • 4 Beds
    • 2 Baths
    • 2,020 Sq Ft
    • 2715 Marshall St NE
    • Minneapolis, MN

    Prime Investment Opportunity in the high-demand Marshall Terrace Neighborhood! This versatile up/down duplex presents an exceptional opportunity for investors, house hackers, and those looking to generate passive income. It features two separate units, one on the main level and another upstairs with completely separate entrances. The property is ideal for long-term or short-term rentals or the

    Jason Huerkamp Keller Williams Preferred Rlty

    Section Image
  • 2405 Grand St NE, Minneapolis, MN 55418

    $399,000

    • 4 Beds
    • 2 Baths
    • 3,008 Sq Ft
    • 2405 Grand St NE
    • Minneapolis, MN

    Discover this side-by-side multi-family duplex in the heart of Northeast Minneapolis. Offering a total of 3,008 sq. ft., this property features 2 bedrooms and 1 bathroom per unit, providing ample space for tenants or owner-occupants. Completely renovated kitchens new appliances installed on both sides with Hardwood floors throughout both units. Separate entrances and utilities for each unit.

    Catherine McCauley-Campbell Coldwell Banker Realty

    Section Image
  • 3014 California St NE, Minneapolis, MN 55418

    $395,000

    • 3 Beds
    • 2 Baths
    • 1,568 Sq Ft
    • 3014 California St NE
    • Minneapolis, MN

    Your search ends here! Welcome to this charming duplex located in NE Minneapolis. A recently updated duplex in the amazing Marshall Terrace neighborhood. A great option for an owner occupant or investor. Main floor unit: 1 bed, 1 bath with potential for a 2nd bedroom. Upper unit: 2 bed, 1 bath. Both units have dual entry access. This is a turn-key rental with a washer/dryer in both units. The

    Brynn Denniston Keller Williams Integrity Realty

    Section Image
  • 2538 Jefferson St NE, Minneapolis, MN 55418

    $424,900

    • 4 Beds
    • 2 Baths
    • 2,130 Sq Ft
    • 2538 Jefferson St NE
    • Minneapolis, MN

    Historic Northeast Minneapolis Duplex – Unbeatable Charm with Vibrant PotentialA rare opportunity in the heart of Northeast Minneapolis’ Holland neighborhood, this 1916 duplex has been owned by only its second owner. Being owner-occupied its entire life, ensures it has been lovingly maintained and kept in excellent condition. The unfinished attic and basement offer endless possibilities for

    Adrianna Lonick Coldwell Banker Realty

    Section Image
  • 1619 2nd St NE, Minneapolis, MN 55413

    $310,000

    • 4 Beds
    • 2 Baths
    • 1,916 Sq Ft
    • 1619 2nd St NE
    • Minneapolis, MN

    Welcome to 1619 2nd Street NE, a beautifully maintained duplex nestled in the sought-after Sheridan neighborhood of Northeast Minneapolis! This delightful property boasts two refreshed units, each offering two spacious bedrooms and one bathroom. Both the main-floor and upper-level units are move-in ready and currently vacant, presenting an ideal opportunity for owner-occupancy or rental income.

    Paul Begich Compass

    Section Image
  • 1507 Main St NE, Minneapolis, MN 55413

    $335,000

    • 2 Beds
    • 2 Baths
    • 1,468 Sq Ft
    • 1507 Main St NE
    • Minneapolis, MN

    Welcome to this nicely updated all brick duplex in the NE Arts District. Nice and clean units with updated kitchens and baths, hardwoods floors, and newer appliances. Front and back porches, forced air furnaces, updated electrical panels. Set on an excellent oversized lot with off street parking and a great yard. Wonderful location in Sheridan, steps to the river and the restaurants, shops, and

    Jim Dropps Northeast Real Estate Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Galloway Sean $416,000 Titlesmart
Swanson Craig $189,900 North American Title Company
Premier Home Network Llc $134,000 --
Banker John M $158,000 --
Banker John M $158,000 --
Chadwick Lawrence E $44,400 --
Barnard Roberta $3,100 --
Grimmer Alvin L $38,500 --
Barnard Roberta Jane $3,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Galloway Sean $395,200
Closed Galloway Sean $395,200
Previous Owner Edwards Nathan James $19,243
Previous Owner Edwards Nathan James $335,000
Previous Owner Swanson Craig $189,900
Closed Grimmer Alvin L $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold $416,000 +5.3% $239 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $395,000 +112.4% $227 / Sq Ft
04/13/2014 04/13/14 Sold $186,000 -2.1% $117 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
03/09/2014 03/09/14 For Sale $189,900 -- $120 / 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 $4,939 $381,000 $99,000 $282,000
2022 $4,439 $371,000 $97,000 $274,000
2021 $4,305 $311,000 $48,000 $263,000
2020 $3,842 $311,000 $35,700 $275,300
2019 $3,310 $259,000 $23,800 $235,200
2018 $2,944 $235,500 $23,800 $211,700
2017 $2,565 $184,500 $21,600 $162,900
2016 $2,265 $162,000 $21,600 $140,400
2015 $1,893 $135,000 $21,600 $113,400
2014 -- $117,500 $21,600 $95,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6403919

NorthstarMLS

APN: 10-029-24-14-0041