$416,000
SOLD AUG 16, 2023
4 Beds
2 Baths
1,743 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$239 Per Sq Ft

5% Above List Price

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%
Views
20
Current Estimated Value
$403,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,861
Avg. Annual Appreciation
-1.05%
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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $416,000 Titlesmart
Warranty Deed $189,900 North American Title Company
Warranty Deed $134,000 --
Warranty Deed $158,000 --
Warranty Deed $158,000 --
Trustee Deed $44,400 --
Warranty Deed $3,100 --
Deed $38,500 --
Deed $3,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $395,200 New Conventional
Closed $395,200 New Conventional
Previous Owner $19,243 New Conventional
Previous Owner $335,000 New Conventional
Previous Owner $189,900 VA
Closed $0 No Value Available
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

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Map

Source: NorthstarMLS

MLS Number: 6403919

NorthstarMLS

APN: 10-029-24-14-0041