NOT LISTED FOR SALE

Estimated Value: $328,000 - $333,000

6 Beds
2 Baths
1,970 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $296,000 $150 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,990/month

8 Days on Market

About This Home

As of May 2023

Amazing opportunity for owner occupied rental. Both units recently renovated and has all new stainless appliances & flooring in each unit. Huge potential as each unit was rented for $1,850/unit. Each unit boasts 3 bedrooms and 1 full bathroom on a nice quiet street. Come check it out!

Last Agent to Sell the Property

Scott Swennes

RE/MAX Results Listed on: 03/29/2023

RE/MAX Results

Last Buyer's Agent

Michael Jimenez

LPT Realty, LLC

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,220

Year Built

  • Built in 1907

Lot Details

  • 5,227

Home Design

  • Duplex

Interior Spaces

  • 1,970 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 42x127
  • Forced Air Heating System

Community Details

  • 2 Units
  • Fairmount Park Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, fuel
  • The owner pays for grounds care, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 0902924430016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,220

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1907
  • Above Grade Finished Sq Ft: 1970
  • Water Sewer Expenses: 1
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 1970
  • Owner Pays: Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Cathedral Ceilings,Deck,Porch
  • Total Rooms: 6
  • Amenities: Deck,Main Floor Primary Bedroom,Porch
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt
  • Neighborhood: Hawthorne
  • PatioPorchType: Deck,Front Porch

Garage/Parking

  • Parking Features: Shared Driveway
  • Garage Square Feet: 0
  • Other Parking Spaces: 1
  • Other Parking Spaces: 1

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

  • Topography: Level
  • Lot Size: 42x127
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding
  • Units Total: 2

Rental Info

  • Expenses: 1.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0902924430016
  • Tax Annual Amount: 3220
  • TaxWithAssessments: 3220.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Fuel
  • ElectricExpense: 1
  • FuelExpense: 1
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 4, 2023
Sold by
Assertive Mpls Properties Iv Llc
Bought by
Chacon Gutierrez Erbelyn
Seller's Agent
Scott Swennes
RE/MAX Results
Buyer's Agent
Michael Jimenez
LPT Realty, LLC
List Price
$275,000
Sold Price
$296,000
Premium/Discount to List
$21,000
7.64%
Views
79
Current Estimated Value
$331,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,281
Avg. Annual Appreciation
4.88%
Original Mortgage
$290,638
Outstanding Balance
$283,215
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$48,488

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 2, 2023
Sold by
Assertive Mpls Properties Iv Llc
Bought by
Gutierrez Erbelyn Daniela Chac
Seller's Agent
Scott Swennes
RE/MAX Results
Buyer's Agent
Michael Jimenez
LPT Realty, LLC
List Price
$275,000
Sold Price
$296,000
Premium/Discount to List
$21,000
7.64%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,638
Outstanding Balance
$283,215
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$48,488

Purchase Details

Closed on
Aug 6, 2015
Sold by
Mission Minnesota Inc
Bought by
Assertive Mpls Properties Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2008
Sold by
La Salle Bank Na
Bought by
Mission Inn Minnesota

Purchase Details

Closed on
Mar 28, 2006
Sold by
Vyalkin Tatyana and Vyalkin Servey
Bought by
Coats Louis

Purchase Details

Closed on
Sep 13, 2002
Sold by
C & C Development
Bought by
Vyalkin Tatyana

Purchase Details

Closed on
Apr 2, 1998
Sold by
Kedrowski Roger D
Bought by
Heflin Robert G and Heflin Jesse Lee

Purchase Details

Closed on
Jan 31, 1997
Sold by
Kedrowski Roger D
Bought by
Heflin Robert G and Heflin Jesse L
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Chacon Gutierrez Erbelyn $296,000 --
Gutierrez Erbelyn Daniela Chac $296,000 Titlesmart
Assertive Mpls Properties Iv Llc $490,000 Land Title Inc
Mission Inn Minnesota $36,500 --
Coats Louis $260,000 --
Vyalkin Tatyana $169,500 --
Heflin Robert G $35,000 --
Heflin Robert G $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chacon Gutierrez Erbelyn $290,638
Closed Gutierrez Erbelyn Daniela Chac $290,638
Previous Owner Assertive Mpls Properties Iv Llc $899,500
Previous Owner Assertive Mpls Properties Iv Llc $420,000
Closed Heflin Robert G --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $296,000 +7.6% $150 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $275,000 -- $140 / 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 $2,878 $235,000 $16,000 $219,000
2022 $2,838 $200,000 $14,000 $186,000
2021 $2,279 $167,000 $11,000 $156,000
2020 $2,148 $139,500 $8,100 $131,400
2019 $1,969 $121,500 $5,400 $116,100
2018 $1,669 $108,500 $5,400 $103,100
2017 $1,635 $82,500 $4,900 $77,600
2016 $1,683 $87,000 $4,900 $82,100
2015 $1,471 $72,500 $4,900 $67,600
2014 -- $69,000 $4,900 $64,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6348661

NorthstarMLS

APN: 09-029-24-43-0016