NOT LISTED FOR SALE

Estimated Value: $404,000 - $413,000

5 Beds
2 Baths
1,936 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $390,000 $201 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,671/month

8 Days on Market

Highlights

  • Forced Air Heating System
  • Partially Fenced Property
  • 4-minute walk to Marshall Terrace Park

About This Home

As of June 2023

Lovely up and down duplex in the heart of Northeast Minneapolis offering amazing restaurants, microbreweries, the Art District, quaint shops, great bars, and fun nightlife. Explore the Mississippi River with its many waterfront parks, walking trails, and scenic views. Quick access to the bus line for trips to the U of M or commuting to both downtowns. A must see for those looking for an owner/occupied duplex or another strong property to add to an investment portfolio. Desirable 3-bedroom 1-bath floor plan on the main level & 2-bedroom plus office nook and 1 bath on the upper-level floor plan. Both units are very nicely updated with Stainless appliances, current colors & striking décor features. Wonderful large primary bedrooms, great-sized closets plus an open modern feel with tons of windows. Both the units also feature in-unit laundry room with washer & dryer. There is a wonderful front porch & deck out back to enjoy the changing of the seasons. Twin storage shed for extra storage.

Last Agent to Sell the Property

Tony Stevens

Coldwell Banker Realty Brokerage Phone: 612-385-6100 Listed on: 05/18/2023

Coldwell Banker Realty

Last Buyer's Agent

Enyi Okwulehie

Northstar Real Estate Associates

Northstar Real Estate Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,320

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 40x119
  • Partially Fenced Property
  • Wood Fence
  • Few Trees

Home Design

  • Duplex

Interior Spaces

  • 1,936 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • East Riverside Add Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, cable TV
  • The owner pays for insurance, grounds care, repairs, taxes, trash collection, water
  • Assessor Parcel Number 1002924110142

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,320

Year Built

Built in 1910

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: 1910
  • Above Grade Finished Sq Ft: 1936
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Attribution Contact: 612-385-6100
  • Attribution Contact: 612-385-6100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Partial, Unfinished
  • Living Area: 1936
  • Owner Pays: Insurance, Grounds Care, Repairs, Other, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Kitchen Center Island
  • Appliances: Dryer,Gas Water Heater,Microwave,Range,Stainless Steel Appliances
  • Total Rooms: 6
  • Amenities: Tile Floors,Walk-In Closet
  • Appliances: Dishwasher,Dryer,Gas Water Heater,Stainless Steel Appliances
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Fencing: Partial, Wood
  • Neighborhood: Marshall Terrace
  • PatioPorchType: Deck,Front Porch

Garage/Parking

  • Parking Features: Concrete, Open
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: One

Schools

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

Lot Info

  • Topography: Level
  • Lot Size: 40x119
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Additional Parcels: No
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1002924110142
  • Tax Annual Amount: 5320
  • TaxWithAssessments: 5319.6000

Multi Family

  • TenantPays: All Utilities, Cable TV
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
Okafor Chukwuemeka
Bought by
Jisike Investment Group Llc
Current Estimated Value
$408,805

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 29, 2023
Sold by
Rasco Investments Llc
Bought by
Okafor Chukwuemeka
Seller's Agent
Tony Stevens
Coldwell Banker Realty
Buyer's Agent
Enyi Okwulehie
Northstar Real Estate Associates
List Price
$369,900
Sold Price
$390,000
Premium/Discount to List
$20,100
5.43%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.69%
Original Mortgage
$292,500
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 8, 2023
Sold by
Rasco Investments Llc
Bought by
Okafor Chukwuemeka
Seller's Agent
Tony Stevens
Coldwell Banker Realty
Buyer's Agent
Enyi Okwulehie
Northstar Real Estate Associates
List Price
$369,900
Sold Price
$390,000
Premium/Discount to List
$20,100
5.43%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2014
Closed on
Dec 19, 2014
Sold by
O F Investments Llp
Bought by
Rasco Investments Llc
Seller's Agent
Brigg Backer
Coldwell Banker Burnet
Buyer's Agent
Tony Stevens
Coldwell Banker Burnet
List Price
$185,000
Sold Price
$136,000
Premium/Discount to List
-$49,000
-26.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.15%
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
Jisike Investment Group Llc $500 Bankers Title
Okafor Chukwuemeka $390,000 --
Okafor Chukwuemeka $390,000 Burnet Title
Rasco Investments Llc $136,000 Watermark Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Okafor Chukwuemeka $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $390,000 +5.4% $201 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $369,900 +172.0% $191 / Sq Ft
12/19/2014 12/19/14 Sold $136,000 -26.5% $70 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
07/22/2014 07/22/14 For Sale $185,000 -- $96 / 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 $5,197 $311,000 $98,000 $213,000
2022 $4,803 $316,000 $96,000 $220,000
2021 $5,045 $268,500 $48,000 $220,500
2020 $4,721 $268,500 $38,600 $229,900
2019 $4,225 $227,500 $25,700 $201,800
2018 $3,917 $207,000 $25,700 $181,300
2017 $3,589 $162,000 $23,400 $138,600
2016 $3,133 $162,000 $23,400 $138,600
2015 $2,740 $135,000 $23,400 $111,600
2014 -- $117,500 $23,400 $94,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6372838

NorthstarMLS

APN: 10-029-24-11-0142