NOT LISTED FOR SALE

Estimated Value: $481,000 - $528,000

6 Beds
4 Baths
2,986 Sq Ft
$168/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $530,000 $177 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,353/month

36 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • 2-minute walk to Marshall Terrace Park

About This Home

As of April 2024

Great investment opportunity! Perfect owner occupant opportunity as well! This 1980s side by side rambler duplex is one of the newer built homes in the area. One side was just recently updated and vacant, while the other has tenants renting for $2250 until the end of July. (Seller allowed tenant to go month to month with a 30 day notice after July). Newer AC and Furnace as well as a brand new roof in 2017. Don’t miss out on this opportunity!

Last Agent to Sell the Property

Robert Smothers

RE/MAX Advantage Plus Listed on: 02/08/2024

RE/MAX Advantage Plus

Last Buyer's Agent

Daniel Desrochers

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,004

Year Built

  • Built in 1985

Lot Details

  • 6,970

Parking

  • 2 Car Garage
  • Common or Shared Parking

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Additional Features

  • Lot Dimensions are 60x118
  • Forced Air Heating System

Community Details

  • 2 Units
  • East Riverside Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1002924110151

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,004

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 1736
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Full, Sump Pump
  • Living Area: 2986
  • Below Grade Finished Sq Ft: 1250
  • Basement YN: Yes
  • Appliances: Microwave,Range
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Neighborhood: Marshall Terrace

Garage/Parking

  • Parking Features: Detached, Concrete, Shared Garage/Stall
  • Garage Square Feet: 520

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

  • Lot Size: 60x118
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

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

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1002924110151
  • Tax Annual Amount: 7004
  • TaxWithAssessments: 7004.0000

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2023
Sold by
Paradise Thomas Anthony and Paradise Kathryn Sikora
Bought by
T & K Rental Properties Llc
Current Estimated Value
$501,917

Purchase Details

Closed on
Mar 15, 1999
Sold by
Moosbrugger William Joseph
Bought by
Paradise Thomas A and Paradise Kathryn S

Purchase Details

Closed on
Sep 23, 1998
Sold by
Norwest Bank Minnesota
Bought by
Moosbrugger William Joseph
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
T & K Rental Properties Llc $500 None Listed On Document
Paradise Thomas A $139,000 --
Moosbrugger William Joseph $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paradise Kathryn S $185,000
Previous Owner Paradise Thomas A $148,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $530,000 0.0% $177 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/13/2024 03/13/24 Off Market $530,000 -- --
02/26/2024 02/26/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $509,900 -- $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
2023 $7,662 $479,000 $118,000 $361,000
2022 $5,912 $435,000 $115,000 $320,000
2021 $5,685 $348,000 $56,000 $292,000
2020 $5,126 $348,000 $52,800 $295,200
2019 $4,783 $290,000 $35,200 $254,800
2018 $4,355 $263,500 $35,200 $228,300
2017 $3,964 $211,500 $32,000 $179,500
2016 $3,838 $198,500 $32,000 $166,500
2015 $3,358 $165,500 $32,000 $133,500
2014 -- $144,000 $32,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6487059

NorthstarMLS

APN: 10-029-24-11-0151