NOT LISTED FOR SALE

Estimated Value: $307,000 - $642,000

6 Beds
3 Baths
2,808 Sq Ft
$196/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $198,750 $71 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $3,586/month

32 Days on Market

Highlights

  • Corner Lot
  • Partially Fenced Property
  • 3-minute walk to Tower Hill Park

About This Home

As of November 2023

Premier setting in the Park. Unique lot at the bend, you can take in the wonderful views of the neighborhood. Property has fire and water damage. Still retains a lot of the original character and details, wonderful porches. Generous floor plans, brick driveway and 2 car garage. Charming yard surrounds the house. As-is sale, cash offers only, and buyer to assume required city code compliance. Contact your agent to understand showing requirements.

Last Agent to Sell the Property

Julie Glass-Yares

Edina Realty, Inc. Listed on: 10/19/2023

Edina Realty, Inc.

Co-Listed By

Michael Korby

Edina Realty, Inc.

Last Buyer's Agent

Collin Matzoll

Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • Lot Dimensions are 69 x 121
  • Partially Fenced Property
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Pitched Roof

Interior Spaces

  • 2,808 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Boiler Heating System

Community Details

  • 3 Units
  • Prospect Park 1St Div Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3002923420121

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

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: 1906
  • Above Grade Finished Sq Ft: 2808
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Living Area: 2808
  • Basement YN: Yes
  • Amenities: Paneled Doors,Porch
  • Total Rooms: 5
  • Total Rooms: 5
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt, Pitched
  • Fencing: Other, Partial
  • ConstructionMaterialsDesc: Frame
  • Neighborhood: Prospect Park - East River Road
  • PatioPorchType: Covered,Front Porch,Screened,Side Porch

Garage/Parking

  • Parking Features: Detached, Driveway - Other Surface
  • Garage Square Feet: 400

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

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

Lot Info

  • Lot Size: 69 x 121
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Heavy
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement, Fiber Board, Wood Siding
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3002923420121
  • Tax Annual Amount: 6627
  • TaxWithAssessments: 6627.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Alvarado Properties Llc
Bought by
Robb Zachary
Current Estimated Value
$549,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Outstanding Balance
$463,516
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$86,453

Purchase Details

Listed on
Oct 19, 2023
Closed on
Nov 22, 2023
Sold by
Karason J. and Wattman David
Bought by
Alvarado Properties Llc
Seller's Agent
Julie Glass-Yares
Edina Realty, Inc.
Buyer's Agent
Collin Matzoll
Real Broker, LLC
List Price
$250,000
Sold Price
$198,750
Premium/Discount to List
-$51,250
-20.5%
Views
107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.58%
Original Mortgage
$128,750
Interest Rate
7.57%
Mortgage Type
New Conventional
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
Robb Zachary $625,000 Legacy Title
Alvarado Properties Llc $198,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robb Zachary $468,750
Previous Owner Alvarado Properties Llc $51,500
Previous Owner Alvarado Properties Llc $128,750
Previous Owner Wattman Karason J $48,000
Previous Owner Wattman David B $50,000
Previous Owner Karason James J $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $198,750 -20.5% $71 / Sq Ft
10/20/2023 10/20/23 For Sale $250,000 -- $89 / 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 $7,358 $552,000 $226,000 $326,000
2022 $7,100 $503,000 $153,000 $350,000
2021 $6,403 $510,000 $165,000 $345,000
2020 $6,487 $474,000 $67,400 $406,600
2019 $6,200 $443,000 $57,200 $385,800
2018 $5,594 $402,500 $57,200 $345,300
2017 $5,244 $333,000 $52,000 $281,000
2016 $5,415 $333,000 $52,000 $281,000
2015 $5,917 $333,000 $52,000 $281,000
2014 -- $302,500 $63,100 $239,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6427711

NorthstarMLS

APN: 30-029-23-42-0121