NOT LISTED FOR SALE

Estimated Value: $349,000 - $425,000

4 Beds
2 Baths
1,870 Sq Ft
$203/Sq Ft Est. Value

Last Sold March 26, 2013

Last sale price $136,000 $73 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $2,483/month

78 Days on Market

Highlights

  • Property is near public transit
  • Woodwork
  • Community Deck or Porch
  • 3 Car Detached Garage
  • Central Air

About This Home

As of March 2013

THIS A NICE FIRST TIME HOME BUYER OPPORTUNITY-OR INVESTOR FOR A SOLID RENTAL PROPERTY. THIS IS A SHORT SALE- EXPERIENCED SHORT SALE AGENT-

Last Agent to Sell the Property

Christopher Hansen

Lakes Area Realty G.V. Listed on: 12/12/2012

Last Buyer's Agent

Bruce Hendrickson

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,197

Year Built

  • Built in 1911

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 45x157
  • Property fronts a private road
  • Few Trees

Parking

  • 3 Car Detached Garage

Home Design

  • Duplex
  • Metal Siding

Interior Spaces

  • 1,870 Sq Ft Home
  • Woodwork
  • Unfinished Basement

Kitchen

  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Utilities

  • Central Air
  • Boiler Heating System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Short Sale
  • The owner pays for electric, fuel, lawn, maint/repair, snow, trash, water/sewer
  • Assessor Parcel Number 0102824110070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,197

Year Built

Built in 1911

Lot Details

0

Parking

3

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Parcel Number: 0102824110070
  • Potential Short Sale: Yes
  • Projected Closed Date: 03/26/2013
  • Taxes With Assessments: 3197
  • Estimated Number of Acres: 0.16
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Cooktop, Dishwasher, Freezer, Microwave, Refrigerator, Washer
  • Basement Features: Unfinished
  • Finished Above Grade Sq Ft: 1420
  • Total Fin Square Footage: 1870
  • Below Grade Finished Sq Ft: 450

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Private
  • Exterior: Metal

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 3

Utilities

  • Heat: Boiler

Condo/Co-op/Association

  • Shared: Deck, Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 45x157

Rental Info

  • Owner Expense: Electric, Fuel, Lawn, Maint/Repair, Snow, Trash, Water/Sewer

Building Info

  • Year Built: 1911

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 28000

Tax Info

  • Year: 2012
  • Tax Value: 3197

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2012
Closed on
Mar 21, 2013
Sold by
Mccarty Gloria J
Bought by
Kron Sarah R
Seller's Agent
Christopher Hansen
Lakes Area Realty G.V.
Buyer's Agent
Bruce Hendrickson
Edina Realty, Inc.
List Price
$129,900
Sold Price
$136,000
Premium/Discount to List
$6,100
4.7%
Total Days on Market
78
Current Estimated Value
$379,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,429
Avg. Annual Appreciation
8.76%
Original Mortgage
$134,000
Interest Rate
3.54%

Purchase Details

Closed on
Jan 22, 2013
Sold by
Mccarty Gloria J
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
3.54%
Source: Public Records

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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
Kron Sarah R $132,000 Global Closing & Title Svcs
Kron Sarah Sarah $136,000 --
Wells Fargo Bank Na $105,908 --
Wells Fargo Bank Na $105,908 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Sarah R $70,000
Previous Owner Kron Sarah Sarah $134,000
Previous Owner Kron Sarah R $114,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2013 03/26/13 Sold $136,000 +4.7% $73 / Sq Ft
02/28/2013 02/28/13 Pending -- -- --
12/12/2012 12/12/12 For Sale $129,900 -- $69 / 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
2023 $5,630 $352,000 $121,000 $231,000
2022 $4,000 $353,000 $111,000 $242,000
2021 $3,654 $298,000 $86,000 $212,000
2020 $3,874 $283,500 $79,500 $204,000
2019 $3,583 $278,000 $53,000 $225,000
2018 $3,195 $252,500 $53,000 $199,500
2017 $2,938 $207,000 $48,200 $158,800
2016 $3,037 $207,000 $48,200 $158,800
2015 $3,189 $207,000 $48,200 $158,800
2014 -- $197,000 $46,400 $150,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4424621

REALTOR® Association of Southern Minnesota

APN: 01-028-24-11-0070