NOT LISTED FOR SALE

Estimated Value: $561,000 - $614,102

5 Beds
2 Baths
2,692 Sq Ft
$216/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $475,000 $176 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,042/month

171 Days on Market

Highlights

  • Porch
  • Hot Water Heating System
  • Partially Fenced Property
  • Patio

About This Home

As of December 2022

Great duplex for owner occupant or investor. Start your ownership efforts by living in and collecting rent or invest in a solid duplex.

Last Listed By

Thomas Keating

MRG Realty Partners, LLC Listed on: 06/03/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,308

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 46x128
  • Partially Fenced Property
  • Privacy Fence

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Duplex

Interior Spaces

  • 2,692 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Hot Water Heating System
  • Boiler Heating System

Community Details

  • 2 Units
  • Remingtons 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0402824120094

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,308

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Patio, Porch
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 2692
  • Water Sewer Expenses: 1816.19
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Living Area: 2692
  • Fireplace: No
  • Basement YN: Yes
  • Total Rooms: 6
  • Total Rooms: 7

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt
  • Fencing: Partial, Privacy
  • Neighborhood: South Uptown

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener
  • Garage Square Feet: 0

Utilities

  • Heating: Boiler, Hot Water
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 46x128
  • Land Lease: No
  • Lot Features: Tree Coverage - Heavy
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 24474.8900

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 0402824120094
  • Tax Annual Amount: 8308
  • TaxWithAssessments: 8409.0000

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Dec 16, 2022
Sold by
Peter Seth and Peter Christine
Bought by
Larson Nathaniel
Seller's Agent
Thomas Keating
MRG Realty Partners, LLC
Buyer's Agent
Joseph Struyk
Coldwell Banker Realty
List Price
$590,000
Sold Price
$475,000
Premium/Discount to List
-$115,000
-19.49%
Total Days on Market
171
Current Estimated Value
$582,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,526
Avg. Annual Appreciation
8.69%
Original Mortgage
$451,250
Outstanding Balance
$260,001
Interest Rate
6.95%
Mortgage Type
Balloon
Estimated Equity
$322,525

Purchase Details

Closed on
Oct 21, 2016
Sold by
Deresa Solomon
Bought by
Peter Seth W and Peter Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,750
Interest Rate
2.76%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Larson Nathaniel $475,000 --
Larson Nathaniel D $475,000 Executive Title
Peter Seth W $401,000 Liberty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Nathaniel D $451,250
Closed Larson Nathaniel $451,250
Previous Owner Peter Seth W $300,750
Previous Owner Deressa Solomon $415,024
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $475,000 -11.2% $176 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
09/25/2022 09/25/22 Price Changed $534,900 -2.6% $199 / Sq Ft
08/19/2022 08/19/22 Price Changed $549,000 -2.8% $204 / Sq Ft
07/19/2022 07/19/22 Price Changed $565,000 -4.2% $210 / Sq Ft
06/03/2022 06/03/22 For Sale $590,000 -- $219 / 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
2023 $9,371 $572,000 $214,000 $358,000
2022 $8,607 $550,000 $168,000 $382,000
2021 $8,409 $501,000 $130,000 $371,000
2020 $9,089 $508,000 $138,800 $369,200
2019 $8,235 $508,000 $92,500 $415,500
2018 $7,492 $453,500 $92,500 $361,000
2017 $6,281 $408,500 $84,100 $324,400
2016 $5,566 $355,000 $84,100 $270,900
2015 $5,837 $355,000 $84,100 $270,900
2014 -- $331,500 $84,100 $247,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6216344

NorthstarMLS

APN: 04-028-24-12-0094