NOT LISTED FOR SALE

Estimated Value: $441,000 - $509,094

10 Beds
3 Baths
3,554 Sq Ft
$132/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $432,250 $122 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,088/month

15 Days on Market

About This Home

As of January 2023

Amazing investment opportunity on this triplex! 2 four bedroom units and 1 two bedroom unit. Unit 1 and 3 have been intentionally left vacant. New flooring and paint in the vacant units. Move in ready! Detached 2 car garage.

Last Agent to Sell the Property

Nicole Stone

RE/MAX Results Listed on: 12/15/2022

RE/MAX Results

Last Buyer's Agent

Ivonne Delgado Kuri

National Realty Guild

National Realty Guild

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,759

Year Built

  • Built in 1900

Lot Details

  • 4,792

Parking

  • 2 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 3,554 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Bathrooms

Additional Features

  • Lot Dimensions are 41 x 117.9
  • Forced Air Heating System

Community Details

  • 3 Units
  • Wood & Smith Sub 1 Emersons Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for grounds care, snow removal, trash collection, water
  • Assessor Parcel Number 3502924330150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,759

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 3554
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Living Area: 3554
  • Owner Pays: Grounds Care, Snow Removal, Trash Collection, Water
  • Basement YN: Yes
  • Appliances: Range
  • Total Rooms: 7
  • Appliances: Range
  • Total Rooms: 7
  • Appliances: Range
  • Total Rooms: 3

Beds/Baths

  • Total Bedrooms: 10

Exterior Features

  • Roof: Asphalt
  • Neighborhood: Phillips West

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: One Per Unit

Schools

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

Lot Info

  • Lot Size: 41 X 117.9
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3502924330150
  • Tax Annual Amount: 5759
  • TaxWithAssessments: 5759.0000

Multi Family

  • TenantPays: Electricity, Gas
  • Number Of Refrigerators: One Per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Jan 23, 2023
Sold by
Delmon Investments Llc
Bought by
Cele Pablo Loja
Seller's Agent
Nicole Stone
RE/MAX Results
Buyer's Agent
Ivonne Delgado Kuri
National Realty Guild
List Price
$425,000
Sold Price
$432,250
Premium/Discount to List
$7,250
1.71%
Views
45
Current Estimated Value
$468,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,774
Avg. Annual Appreciation
1.83%
Original Mortgage
$324,187
Outstanding Balance
$199,858
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$252,330

Purchase Details

Listed on
Dec 15, 2022
Closed on
Jan 18, 2023
Sold by
Ccf2 Mn Llc
Bought by
Delman Investments Llc
Seller's Agent
Nicole Stone
RE/MAX Results
Buyer's Agent
Ivonne Delgado Kuri
National Realty Guild
List Price
$425,000
Sold Price
$432,250
Premium/Discount to List
$7,250
1.71%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,187
Outstanding Balance
$199,858
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$252,330

Purchase Details

Closed on
Dec 6, 2019
Sold by
Ccf2 Llc
Bought by
Ccf2 Mn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,750,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 3, 2015
Sold by
Residential Home Group Llc
Bought by
Ccf2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2014
Sold by
Isl Properties Llc
Bought by
Residential Home Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 20, 2012
Closed on
Apr 29, 2013
Sold by
Ibrahim Duri H and Basam Aziza O
Bought by
Isl Properties Llc
Seller's Agent
Kamal Ibrahim
Greater Midwest Realty
Buyer's Agent
Kevinn Tam
Edina Realty, Inc.
List Price
$195,900
Sold Price
$149,900
Premium/Discount to List
-$46,000
-23.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$112,500
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2006
Sold by
Hunt Vincent and Hunt Kathryn
Bought by
Ibrahim Duri H and Basam Aziza O

Purchase Details

Closed on
Dec 30, 2002
Sold by
Olson Kent S and Olson Rhonda A
Bought by
Hunt Vincent and Hunt Kathryn

Purchase Details

Closed on
Sep 21, 2001
Sold by
Swervo Development Corp
Bought by
Olson Kent S and Olson Rhonda R

Purchase Details

Closed on
Mar 22, 2001
Sold by
Romero Manuel J and Dutan Elsa M
Bought by
Swervo Development Corp

Purchase Details

Closed on
Jun 13, 2000
Sold by
Hultquist Walter J and Hultquist Vesta J
Bought by
Romero Manuel J and Dutan Elsa M
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
Cele Pablo Loja $432,250 --
Delman Investments Llc $432,250 All American Title
Ccf2 Mn Llc -- All American Commercial Ttl
Ccf2 Mn Llc -- All American Commercial Ttl
Ccf2 Llc $447,000 All American Title Company
Residential Home Group Llc $500,000 Liberty Title Inc
Residential Home Group Llc -- Liberty Title Inc
Isl Properties Llc $144,617 Liberty Title Inc
Ibrahim Duri H $347,000 --
Hunt Vincent $320,000 --
Olson Kent S $272,000 --
Swervo Development Corp $18,000 --
Romero Manuel J $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delman Investments Llc $324,187
Previous Owner Ccf2 Mn Llc $6,750,000
Previous Owner Ccf2 Llc $360,000
Previous Owner Residential Home Group Llc $425,000
Previous Owner Residential Home Group Llc $40,000
Previous Owner Isl Properties Llc $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $432,250 0.0% $122 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
12/27/2022 12/27/22 Off Market $432,250 -- --
12/15/2022 12/15/22 For Sale $425,000 +183.5% $120 / Sq Ft
04/29/2013 04/29/13 Sold $149,900 -23.5% $42 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
12/20/2012 12/20/12 For Sale $195,900 -- $55 / 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 $5,950 $372,000 $33,000 $339,000
2022 $5,759 $372,000 $24,000 $348,000
2021 $5,268 $339,000 $17,000 $322,000
2020 $5,533 $322,500 $18,900 $303,600
2019 $5,163 $313,000 $12,600 $300,400
2018 $4,346 $284,500 $12,600 $271,900
2017 $4,227 $225,500 $11,500 $214,000
2016 $4,042 $209,000 $11,500 $197,500
2015 $3,683 $181,500 $11,500 $170,000
2014 -- $169,000 $11,500 $157,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6317225

NorthstarMLS

APN: 35-029-24-33-0150