NOT LISTED FOR SALE

300 2nd Ave SW Austin, MN 55912

Estimated Value: $164,000 - $188,000

6 Beds
4 Baths
2,562 Sq Ft
$68/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $165,000 $64 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,162/month

10 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 5-minute walk to Todd Park

About This Home

As of June 2023

Great investment property. Well kept 4 plex apartment building. Single car garage.

Last Agent to Sell the Property

Lonnie Skalicky

Sterling Real Estate Listed on: 04/30/2023

Last Buyer's Agent

William Danielson

WMD Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,180

Year Built

  • Built in 1828

Lot Details

  • Lot Dimensions are 78x98
  • Corner Lot

Parking

  • 1 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Window Egress

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Community Details

  • 4 Units
  • Parker & Browns Add Subdivision

Listing and Financial Details

  • The owner pays for all utilities, grounds care, repairs
  • Assessor Parcel Number 345750300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,180

Year Built

Built in 1828

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Laundry
  • Year Built: 1828
  • Above Grade Finished Sq Ft: 1962
  • Water Sewer Expenses: 2000
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Egress Window(s), Finished, Walkout
  • Living Area: 2562
  • Below Grade Finished Sq Ft: 600
  • Owner Pays: All Utilities, Grounds Care, Repairs
  • Basement YN: Yes
  • Total Rooms: 5
  • Total Rooms: 5
  • Total Rooms: 4
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 240

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Four

Schools

  • Junior High Dist: Austin
  • SchoolDistrictNumber: 492
  • SchoolDistrictPhone: 507-460-1900

Lot Info

  • Topography: Level
  • Lot Size: 78x98
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding
  • Units Total: 4

Rental Info

  • Expenses: 12000.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 345750300
  • Tax Annual Amount: 2180
  • TaxWithAssessments: 2180.0000

Multi Family

  • ElectricExpense: 3216
  • FuelExpense: 1560
  • Number Of Refrigerators: Four

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2023
Closed on
Jun 12, 2023
Sold by
Dennis J Kelly Estate
Bought by
Austin Acres Llc
Seller's Agent
Lonnie Skalicky
Sterling Real Estate
Buyer's Agent
William Danielson
WMD Realty
List Price
$139,900
Sold Price
$165,000
Premium/Discount to List
$25,100
17.94%
Views
75
Current Estimated Value
$175,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,250
Avg. Annual Appreciation
3.75%
Source: Public Records

Similar Home in Austin, MN

  • 107 3rd Ave SW, Austin, MN 55912

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    • 3 Baths
    • 1,608 Sq Ft
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    • Austin, MN

    Triplex with tons of updates done! Significant investment completed in the last 2 years with new roof, new vinyl siding & new windows. 2 bedroom apartment on the main floor and 2x 1 bedroom apartments on the 2nd floor

    Jon Espy Infinity Real Estate

    Section Image

Range of Values:

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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
Austin Acres Llc $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Dennis J $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $165,000 +17.9% $64 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $139,900 -- $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
2024 $2,230 $140,000 $17,600 $122,400
2023 $2,180 $112,600 $17,600 $95,000
2022 $2,180 $108,500 $17,600 $90,900
2021 $2,022 $96,800 $17,600 $79,200
2020 $2,102 $84,800 $17,600 $67,200
2018 $681 $84,600 $17,600 $67,000
2017 $1,362 $0 $0 $0
2016 $1,410 $0 $0 $0
2015 $1,788 $0 $0 $0
2012 $1,788 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6362740

NorthstarMLS

APN: 34-575-0300