NOT LISTED FOR SALE

Estimated Value: $462,000 - $611,000

6 Beds
3 Baths
3,132 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $463,300 $148 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,751/month

10 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 5-minute walk to Audubon Park

About This Home

As of August 2022

Great up down duplex in NE Minneapolis for owner occupant or investor! Separate utilities with furnaces and great AC units! Lower main unit is 4 beds 2 baths and upper is 2 beds 1 bath. Both have double vanity sinks! 2 stall garage attached! Don't miss this great property in a great location!

Last Agent to Sell the Property

Malee Vang

Engel & Volkers Minneapolis Downtown Listed on: 07/25/2022

Engel & Volkers Minneapolis Downtown

Last Buyer's Agent

Erich Young

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,373

Year Built

  • Built in 1978

Lot Details

  • 6,970

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Flat Roof Shape

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Additional Features

  • Lot Dimensions are 55x126
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, fuel
  • The owner pays for insurance, taxes, water
  • Assessor Parcel Number 1202924120020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,373

Year Built

Built in 1978

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
  • Year Built: 1978
  • Above Grade Finished Sq Ft: 2288
  • Water Sewer Expenses: 2040
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Egress Window(s), Finished, Full
  • Living Area: 3132
  • Fireplace: No
  • Below Grade Finished Sq Ft: 844
  • Owner Pays: Insurance, Taxes, Water
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s)
  • Appliances: Dryer,Microwave,Range
  • Total Rooms: 6
  • Amenities: Ceiling Fan(s)
  • Appliances: Dryer,Range
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt, Flat
  • Fencing: None
  • Neighborhood: Audubon Park

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 440

Utilities

  • Heating: Forced Air
  • 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: 55x126
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco, Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 12408.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1202924120020
  • Tax Annual Amount: 7373
  • TaxWithAssessments: 7373.0000

Multi Family

  • TenantPays: Electricity, Fuel
  • FuelExpense: 1020
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Sep 28, 2022
Sold by
Goltermann Family Trust
Bought by
Hodgson Morgan
Seller's Agent
Malee Vang
Engel & Volkers Minneapolis Downtown
Buyer's Agent
Erich Young
Edina Realty, Inc.
List Price
$450,000
Sold Price
$463,300
Premium/Discount to List
$13,300
2.96%
Total Days on Market
10
Current Estimated Value
$527,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,033
Avg. Annual Appreciation
4.75%
Original Mortgage
$440,135
Outstanding Balance
$424,814
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$102,519

Purchase Details

Closed on
Mar 28, 2018
Sold by
Goltermann Carl P and Goltermann Stacie A
Bought by
Goltermann Carl P and Goltermann Stacie A

Purchase Details

Closed on
Jan 24, 2014
Sold by
Sl Property Holdings Llc
Bought by
Goltemann Carl P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2005
Sold by
Hendrickson Brian D and Hendrickson April E
Bought by
Harris Samuel and Harris Emelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 1, 2000
Sold by
Godfrey Gary Owen
Bought by
Hendrickson Brian D
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 Buyer Sale Price Title Company
Hodgson Morgan $463,300 Legacy Title
Goltermann Carl P -- None Available
Goltermann Carl P -- None Available
Goltemann Carl P $260,000 Multiple
Harris Samuel $310,000 --
Hendrickson Brian D $197,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodgson Morgan $440,135
Previous Owner Goltermann Carl P $252,848
Previous Owner Goltemann Carl P $255,290
Previous Owner Sl Property Holdings Llc $250,000
Previous Owner Lauderdale Propeties Inc $30,000
Previous Owner Harris Samuel E $248,000
Previous Owner Harris Sameul E $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $463,300 +3.0% $148 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $450,000 0.0% $144 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $450,000 -- $144 / 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 $9,626 $499,000 $154,000 $345,000
2022 $7,373 $442,000 $131,000 $311,000
2021 $6,788 $434,000 $97,000 $337,000
2020 $6,442 $415,500 $94,100 $321,400
2019 $6,017 $364,500 $62,700 $301,800
2018 $5,473 $331,500 $62,700 $268,800
2017 $5,182 $276,500 $57,000 $219,500
2016 $4,709 $243,500 $57,000 $186,500
2015 $4,298 $211,800 $57,000 $154,800
2014 -- $168,000 $57,000 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6239551

NorthstarMLS

APN: 12-029-24-12-0020