NOT LISTED FOR SALE

Estimated Value: $570,053 - $599,000

6 Beds
2 Baths
3,064 Sq Ft
$191/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $527,760 $172 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,688/month

78 Days on Market

Highlights

  • Guest Parking
  • Partially Fenced Property
  • 4-minute walk to Whittier Park

About This Home

As of December 2023

Huge opportunity for investor or owner occupant. Beautifully updated side by side duplex located in prime rental area in the heart of the “Wedge” area of Minneapolis between Hennepin and Lyndale. Close to Uptown and Lakes with easy access to public transportation. Main floor features beautifully updated kitchens with quartz counters, subway tile backsplash and stainless appliances. Stunning original hardwood floors/millwork. 2nd floors have updated full baths and 2 bedrooms with additional space for office in primary bedroom. 3rd floor features bedroom with additional office/storage/closet space. All windows replaced with energy efficient dual pane replacements in 2019. Yard is fenced with storage shed and deck. Units rent for $2150/month. One unit currently vacant and other has tenant with one year lease. Parking spaces

Last Agent to Sell the Property

Greg Lawrence

HomeAvenue Inc Listed on: 09/20/2023

Last Buyer's Agent

Scott Hoefler

Side by Side Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,438

Year Built

  • Built in 1906

Lot Details

  • Lot Dimensions are 67x85
  • Partially Fenced Property
  • Wood Fence
  • Irregular Lot
  • Few Trees

Parking

  • Guest Parking

Home Design

  • Duplex
  • Pitched Roof

Interior Spaces

  • 3,064 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Boiler Heating System

Community Details

  • 2 Units
  • Channell & Haywoods Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, fuel, grounds care
  • The owner pays for insurance, repairs, taxes, trash collection, water
  • Assessor Parcel Number 3302924410051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,438

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: None
  • Year Built: 1906
  • Above Grade Finished Sq Ft: 3064
  • Water Sewer Expenses: 1000
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 3064
  • Owner Pays: Insurance, Repairs, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Number Of Fireplaces: 0
  • Total Rooms: 12

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • Fencing: Partial, Wood
  • Neighborhood: Lowry Hill East
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Concrete, Guest Parking, Other, Paved
  • Carport Spaces: 3
  • Other Parking Spaces: 2

Utilities

  • Heating: Boiler, Radiator(s)
  • 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: 67x85
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 6060.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3302924410051
  • Tax Annual Amount: 6438
  • TaxWithAssessments: 8053.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Fuel, Grounds Care
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2017
Sold by
Handvidt Roger A and Gero Daniel
Bought by
Gero Daniel
Current Estimated Value
$584,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gero Daniel $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gero Daniel $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $527,760 +0.5% $172 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $524,999 -- $171 / 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
2024 $7,071 $480,000 $144,000 $336,000
2023 $8,324 $515,000 $179,000 $336,000
2022 $6,471 $490,000 $179,000 $311,000
2021 $6,247 $467,000 $142,000 $325,000
2020 $6,381 $466,500 $120,600 $345,900
2019 $7,431 $440,000 $80,400 $359,600
2018 $6,732 $497,500 $80,400 $417,100
2017 $7,782 $389,500 $73,100 $316,400
2016 $6,759 $324,500 $73,100 $251,400
2015 $6,210 $282,000 $73,100 $208,900
2014 -- $252,000 $56,200 $195,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6436285

NorthstarMLS

APN: 33-029-24-41-0051