NOT LISTED FOR SALE

310 4th Ave SE Mapleton, MN 56065

Estimated Value: $217,000 - $283,000

3 Beds
2 Baths
2,040 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $195,000 $96 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,559/month

Highlights

  • Deck
  • 1 Car Detached Garage
  • Woodwork
  • Wood Flooring
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of August 2022

What a transformation! This duplex went from “bland to grand!” Since purchase the current owner has done an extensive list of updates… that include: new windows, exterior doors, new vinyl siding on the house and garage, rebuilt the exterior stairs to the upper level, adjusted the entry doors on the back of the property for more private access and logical “flow.” In addition, the main floor bathroom and kitchen were remodeled, and a laundry room was added. The upstairs unit received updated flooring, the bathroom vanity was updated, and it too received its own laundry service. The entire property was painted throughout, and asbestos was professionally removed from the basement. The electrical and gas services were split so that each unit has its own service, and two new furnaces and a water heater were updated. Not stopping … 90% of the plumbing has been updated, as well as various new light fixtures throughout the house. A private deck/balcony was added on the front of the home for the upper level unit, and a side porch was enclosed to offer the main level unit a walk in closet in the master bedroom. The property still maintains some of its original charm and character; now showcased so well surrounded by the wonderful, much needed updates. The work done to this property is breathtaking, and so appreciated by all that have encountered the change. This is a turn-key investment property with great rental history; be the beneficiary of all that this property has to offer.

Last Agent to Sell the Property

Michelle Starkey

TRUE REAL ESTATE Listed on: 03/12/2022

TRUE REAL ESTATE

Last Buyer's Agent

Shawna Wolfe

Keller Williams Premier Realty License #20215401

Keller Williams Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,132

Year Built

  • 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 74 x 100
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Flooring
  • Walkup Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Water Softener is Owned

Additional Features

  • Deck
  • Upper Level

Listing and Financial Details

  • Tenant pays for cable TV, electric
  • The owner pays for trash, water/sewer
  • Assessor Parcel Number R15.24.04.412.011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,132

Year Built

1900

Lot Details

0

Parking

1

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Foundation Size: 1020
  • L V T Date: 03/13/2022
  • Mechanicals: Water Heater - Electric, Water Softner - Owned, Sump Pump
  • Parcel Number: R15.24.04.412.011
  • Price Per Square Foot: 63.73
  • Stories: 2 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 4180
  • Estimated Number of Acres: 0.17
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Basement Features: Sump Pump, Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2040
  • Total Square Footage: 3060

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Exterior Amenities: Deck, Driveway - Gravel

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1

Utilities

  • Fuel: Natural Gas
  • Heat: Baseboard, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Maple River #2135

Lot Info

  • Lot/Land Description: Tree Coverage - Medium
  • Estimated Lot Dimensions: 74 x 100

Rental Info

  • Owner Expense: Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric
  • Type of Tenancy: Month to Month

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2022
Closed on
Aug 31, 2022
Sold by
310 4Th Ave Se Llc
Bought by
Compton Ian
Seller's Agent
Michelle Starkey
TRUE REAL ESTATE
Buyer's Agent
Shawna Wolfe
Keller Williams Premier Realty
List Price
$229,000
Sold Price
$195,000
Premium/Discount to List
-$34,000
-14.85%
Current Estimated Value
$244,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,664
Avg. Annual Appreciation
7.62%
Original Mortgage
$156,000
Outstanding Balance
$149,379
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$95,285

Purchase Details

Listed on
Jul 28, 2016
Closed on
Jul 14, 2017
Sold by
Bauleke Dezirae M and Nicholas Nick
Bought by
310 4Th Ave Se Llc
Seller's Agent
Jon Kietzer
LANDMARK REAL ESTATE
Buyer's Agent
BILL BICKETT
MIDWEST REALTY
List Price
$89,900
Sold Price
$41,500
Premium/Discount to List
-$48,400
-53.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.89%
Original Mortgage
$33,200
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 28, 2016
Closed on
Jun 30, 2017
Sold by
March Jeanne M
Bought by
Bauleke Dezirae and Eilrich Nick
Seller's Agent
Jon Kietzer
LANDMARK REAL ESTATE
Buyer's Agent
BILL BICKETT
MIDWEST REALTY
List Price
$89,900
Sold Price
$41,500
Premium/Discount to List
-$48,400
-53.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,200
Interest Rate
3.94%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Compton Ian $195,000 --
310 4Th Ave Se Llc -- --
Bauleke Dezirae $41,500 Title Resources
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Compton Ian $156,000
Previous Owner Bauleke Dezirae $33,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $195,000 -11.3% $96 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
04/25/2022 04/25/22 Price Changed $219,900 -4.0% $108 / Sq Ft
03/12/2022 03/12/22 For Sale $229,000 +451.8% $112 / Sq Ft
06/30/2017 06/30/17 Sold $41,500 -16.8% $55 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
05/26/2017 05/26/17 Price Changed $49,900 -44.5% $66 / Sq Ft
07/28/2016 07/28/16 For Sale $89,900 -- $119 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,132 $236,600 $12,600 $224,000
2024 $3,132 $230,000 $12,600 $217,400
2023 $3,712 $225,400 $12,600 $212,800
2022 $4,180 $248,700 $12,600 $236,100
2021 $3,960 $187,200 $12,600 $174,600
2020 $3,162 $167,800 $12,600 $155,200
2019 $2,902 $167,800 $12,600 $155,200
2018 $2,080 $151,200 $12,600 $138,600
2017 $1,922 $105,000 $12,600 $92,400
2016 $1,906 $91,900 $12,600 $79,300
2015 $19 $88,700 $12,600 $76,100
2014 $2,126 $96,300 $12,600 $83,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7029201

REALTOR® Association of Southern Minnesota

APN: R15-24-04-412-011