3118 Newton Ave N Minneapolis, MN 55411
Jordan Neighborhood
4
Beds
2
Baths
1,730
Sq Ft
5,227
Sq Ft Lot
About This Home
As of June 2024Come checkout this recently renovated duplex 2bed/1bath each unit Up/Down Duplex. Great opportunity for potential cashflow, or owner occ. Units consist of new kitchens with granite counters & stainless steel appliances in the lower unit. Brand new bathrooms, new flooring & paint throughout. Awesome spacious unit with 18x12 living/dining room + 2 large bedrooms. Upper unit is rental ready & includes a full bathroom + bonus storage/laundry room. Over-sized 1 car garage measures 18x13. Another bonus for the owner, or generate extra income by renting it out. Room for more parking in back on asphalt driveway. Well-maintained property. Blocks from Jordan Park, Cleveland Park & minutes to Theodore Wirth Regional Park. Easy access to NE Arts district down Lowry and just minutes to downtown MPLS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,907
Year Built
- Built in 1914
Lot Details
- Lot Dimensions are 41x127
Parking
- 1 Car Garage
Home Design
- Duplex
- Pitched Roof
Interior Spaces
- 1,730 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Hot Water Heating System
- Boiler Heating System
Community Details
- 2 Units
- Hamischs 3Rd Add Subdivision
Listing and Financial Details
- Tenant pays for cable TV, electricity
- The owner pays for fuel, insurance, taxes, water
- Assessor Parcel Number 0902924320150
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2024
Closed on
Jun 24, 2024
Sold by
Mekuria Elias
Bought by
Wright Vivian
Seller's Agent
Chauncee Hollingsworth
eXp Realty
Buyer's Agent
Mark Heinzman
Coldwell Banker Realty
List Price
$330,000
Sold Price
$339,000
Premium/Discount to List
$9,000
2.73%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,288
Avg. Annual Appreciation
-1.06%
Original Mortgage
$324,730
Outstanding Balance
$322,320
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$12,618
Purchase Details
Closed on
Jun 17, 2021
Sold by
Assertive Mpls Properties V Llc
Bought by
Mekuria Elias
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,381
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 1, 2017
Sold by
Vang Chong T
Bought by
Mpls Properties V Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.19%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 6, 2014
Bought by
Vang Chong Chong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
4.14%
Purchase Details
Closed on
Jul 29, 2008
Sold by
National Asset Management
Bought by
Np Property Inc
Purchase Details
Closed on
Sep 12, 2005
Sold by
Cox Bryan
Bought by
Yanchel Paul
Purchase Details
Closed on
Jan 13, 2005
Sold by
Carpio Lourdes Y and Orellana Johni
Bought by
Cox Bryan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
6.49%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 9, 1999
Sold by
Kirchner Rena
Bought by
Burton Ronald A and Burton Sharon P
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $339,000 | -- | |
| Warranty Deed | $255,000 | West Title Llc | |
| Warranty Deed | $100,000 | None Available | |
| Deed | $122,000 | -- | |
| Warranty Deed | $37,000 | -- | |
| Warranty Deed | $225,000 | -- | |
| Warranty Deed | $167,000 | -- | |
| Warranty Deed | $73,000 | -- | |
| Warranty Deed | $69,000 | -- | |
| Deed | $255,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $324,730 | New Conventional | |
| Previous Owner | $250,381 | FHA | |
| Previous Owner | $75,000 | Commercial | |
| Previous Owner | $97,600 | No Value Available | |
| Previous Owner | $133,600 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $33,400 | Stand Alone Second | |
| Closed | $250,381 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2024 06/28/24 | Sold | $339,000 | +2.7% | $196 / Sq Ft |
| 05/16/2024 05/16/24 | Pending | -- | -- | -- |
| 04/26/2024 04/26/24 | For Sale | $330,000 | -- | $191 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,021 | $246,000 | $16,000 | $230,000 |
| 2022 | $1,790 | $236,000 | $13,000 | $223,000 |
| 2021 | $2,457 | $151,000 | $10,000 | $141,000 |
| 2020 | $2,533 | $151,000 | $10,200 | $140,800 |
| 2019 | $2,559 | $144,000 | $6,800 | $137,200 |
| 2018 | $1,914 | $125,000 | $6,800 | $118,200 |
| 2017 | $2,458 | $91,500 | $6,200 | $85,300 |
| 2016 | $2,101 | $85,500 | $6,200 | $79,300 |
| 2015 | $1,497 | $74,500 | $6,200 | $68,300 |
| 2014 | -- | $67,500 | $6,200 | $61,300 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Chauncee Hollingsworth
eXp Realty
(314) 698-1756
5 in this area
133 Total Sales
-
Seller Co-Listing Agent in 2024
Matthew Ogembo
eXp Realty
(952) 486-0688
1 in this area
11 Total Sales
-
Buyer's Agent in 2024
Mark Heinzman
Coldwell Banker Burnet
(952) 693-5660
1 in this area
77 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6479055
APN: 09-029-24-32-0150
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