NOT LISTED FOR SALE

302 4th St N Waverly, MN 55390

Estimated Value: $192,000 - $282,952

4 Beds
2 Baths
1,680 Sq Ft
$137/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $202,000 $120 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,393/month

13 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Baseboard Heating

About This Home

As of April 2024

This late 1800s duplex offers a prime investment opportunity with high rental demand. Each unit features 2 bedrooms, a full bathroom, and separate laundry, ensuring tenant comfort. Recent updates including paint, washer/dryer installations, sewer repair, and toilet installation enhance its appeal. Modern flooring and furnace seamlessly blend with historic charm. Situated near Waverly Lake and Waterfront Park, residents enjoy easy access to outdoor activities. Whether pursued as a traditional rental or through house hacking, this property promises excellent returns in a thriving rental market. Don't miss out on this chance to maximize your investment potential while enjoying the benefits of homeownership.

Last Agent to Sell the Property

Daniel Desrochers

eXp Realty Listed on: 02/16/2024

eXp Realty

Co-Listed By

Carter Nelson

eXp Realty

Last Buyer's Agent

Jesse Rock

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,912

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 85x80
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement
  • Stone or Rock in Basement

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • 2 Units
  • Original Waverly Subdivision

Listing and Financial Details

  • Assessor Parcel Number 116010015080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,912

Year Built

Built in 1890

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: 1890
  • Above Grade Finished Sq Ft: 1680
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Single Tenant Access, Stone/Rock, Unfinished
  • Living Area: 1680
  • Basement YN: Yes
  • Amenities: Porch
  • Appliances: Range
  • Total Rooms: 5
  • Appliances: Range
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 4

Garage/Parking

  • Parking Features: Concrete
  • Garage Square Feet: 0

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Electric,Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Howard Lake-Waverly-Winsted
  • SchoolDistrictNumber: 2687
  • SchoolDistrictPhone: 320-543-3521

Lot Info

  • Lot Size: 85x80
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 116010015080
  • Tax Annual Amount: 1912
  • TaxWithAssessments: 1912.0000

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2020
Sold by
Cromie Sheppard Linda S
Bought by
Young Jackson
Current Estimated Value
$229,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 10, 2014
Closed on
Apr 7, 2015
Sold by
Hudson Judith Judith
Bought by
Byron Linda
Seller's Agent
Linda Splettstoeszer
Edina Realty, Inc.
Buyer's Agent
Tracy Braun
Edina Realty, Inc.
List Price
$98,500
Sold Price
$59,900
Premium/Discount to List
-$38,600
-39.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%

Purchase Details

Closed on
Mar 30, 1998
Sold by
Brings Christopher L
Bought by
Hudson George E and Hudson Judith A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Young Jackson $133,000 All American Title
Byron Linda $59,900 --
Hudson George E $63,860 --
Jackson Jackson $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Jackson $106,400
Closed Jackson Jackson $106,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2024 04/03/24 Sold $202,000 -8.2% $120 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $220,000 +267.3% $131 / Sq Ft
04/07/2015 04/07/15 Sold $59,900 -39.2% $36 / Sq Ft View Prior Sale
03/25/2015 03/25/15 Pending -- -- --
07/10/2014 07/10/14 For Sale $98,500 -- $59 / 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
2025 $2,066 $163,500 $52,000 $111,500
2024 $1,767 $154,900 $38,400 $116,500
2023 $1,912 $145,400 $28,200 $117,200
2022 $1,970 $147,600 $41,800 $105,800
2021 $2,140 $124,700 $24,800 $99,900
2020 $2,102 $130,300 $19,700 $110,600
2019 $1,928 $123,200 $0 $0
2018 $1,418 $108,800 $0 $0
2017 $1,422 $74,700 $0 $0
2016 $926 $0 $0 $0
2015 $1,074 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6489545

NorthstarMLS

APN: 116-010-015080