NOT LISTED FOR SALE

Estimated Value: $375,000 - $404,000

3 Beds
2 Baths
1,782 Sq Ft
$220/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $380,000 $213 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,621/month

17 Days on Market

About This Home

As of August 2024

This "duplexed bungalow" retains its original character with natural woodwork, built-ins, hardwood floors, and porches/sunrooms on the first floor 2BR/1BA. The building has an active rental license, so you can rent the 1BR/1BA upper unit, or use it as an office / guest suite, great if you work from home – current owners have done both! The exterior and interior entrances to the upper unit are very versatile for multiple uses over time. Just four blocks from the river and one block to the Greenway and Brackett Park, the home boasts an amazing 3-car garage (very rare in the city), new central air and furnace for main level unit (2023), 100-amp electrical service to each unit (2008), a new gas water heater (2023), and productive blueberry and raspberry plantings. The kitchens and bathrooms are vintage, so if you're not ready for updates, consider a loan for renovations or enjoy what's there and update over time. The upper unit has a large kitchen, spacious closets, and a nice living area.

Last Agent to Sell the Property

Linda Alter

Coldwell Banker Realty Listed on: 07/02/2024

Coldwell Banker Realty

Last Buyer's Agent

Drew Hoefler

Side by Side Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,861

Year Built

  • Built in 1919

Lot Details

  • Lot Dimensions are 40 x 129

Parking

  • 3 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,782 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Community Details

  • 2 Units
  • River Side Short Line Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 3102923310071

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,861

Year Built

Built in 1919

Lot Details

0

Parking

3

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1919
  • Above Grade Finished Sq Ft: 1782
  • Water Sewer Expenses: 1200
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable,DSL,Fiber Optic
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Shared Access, Single Tenant Access, Unfinished
  • Living Area: 1782
  • Basement YN: Yes
  • Amenities: Historic/Period Millwork,Main Floor Primary Bedroom,Porch
  • Appliances: Dishwasher,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 7
  • Appliances: Range
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Neighborhood: Seward
  • PatioPorchType: Front Porch,Rear Porch

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 0
  • Other Parking Spaces: 1

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 40 x 129
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3102923310071
  • Tax Annual Amount: 5861
  • TaxWithAssessments: 5860.6400

Multi Family

  • TenantPays: Electricity, Gas
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Aug 15, 2024
Sold by
Rossi Robert and Schwartz Sara
Bought by
Walbolt David and Walbolt Brooke
Seller's Agent
Linda Alter
Coldwell Banker Realty
Buyer's Agent
Drew Hoefler
Side by Side Realty LLC
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Views
20
Current Estimated Value
$391,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,383
Avg. Annual Appreciation
2.94%
Original Mortgage
$364,904
Outstanding Balance
$361,483
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$29,900

Purchase Details

Closed on
Oct 25, 2006
Sold by
Steinhoff Robert L
Bought by
Rossi Robert C and Schwartz Sara A
Source: Public Records

Range of Values:

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Average Value
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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
Walbolt David $380,000 --
Rossi Robert C $268,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walbolt David $364,904
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $380,000 +1.3% $213 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $375,000 0.0% $210 / Sq Ft
07/10/2024 07/10/24 Off Market $375,000 -- --
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 $5,861 $449,000 $175,000 $274,000
2022 $4,614 $390,000 $142,000 $248,000
2021 $4,715 $339,000 $98,000 $241,000
2020 $4,742 $357,000 $65,600 $291,400
2019 $4,395 $333,500 $43,700 $289,800
2018 $3,933 $303,000 $43,700 $259,300
2017 $4,034 $273,000 $39,700 $233,300
2016 $3,740 $248,000 $39,700 $208,300
2015 $3,450 $221,500 $39,700 $181,800
2014 -- $193,500 $39,700 $153,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6560790

NorthstarMLS

APN: 31-029-23-31-0071