NOT LISTED FOR SALE

Estimated Value: $175,000 - $253,000

4 Beds
2 Baths
1,961 Sq Ft
$111/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $142,000 $72 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,406/month

Highlights

  • 2 Car Detached Garage
  • Fireplace
  • Forced Air Heating and Cooling System
  • Franklin Elementary School Rated A
  • Patio
  • Water Softener is Owned

About This Home

As of February 2014

Investor purchase or owner occupied with some help with the mortgage. This is a up/down duplex with an excellent rental history. Both apartments are 2 bedroom/1 bath and share the basement for storage and laundry. Current owner rents out both units but if you are looking to live here and rent the upstairs you will see the meticulous care and upkeep on this home. The main level has a separate dining room and a fireplace. The extra large 2 stall garage was added in 2005 and rented separately for the upstairs but included with the lower level unit. This duplex does have the 5 person unrelated license good through Dec 31, 2016.

Last Agent to Sell the Property

Richard Draheim

WEICHERT REALTORS, COMMUNITY GROUP Listed on: 01/21/2014

WEICHERT REALTORS, COMMUNITY GROUP

Last Buyer's Agent

Christa Wolner

Connect Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • 1930

Lot Details

  • 3,485

Parking

  • 2 Car Detached Garage
  • 2 Parking Spaces Included
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Structural Insulated Panel System
  • Asphalt Shingled Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,961 Sq Ft Home
  • 2-Story Property
  • Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Location

  • Ground Level
  • Upper Level

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Water Softener is Owned

Additional Features

  • Patio
  • 3,485 Sq Ft Lot

Community Details

  • 2 Units
  • Gross Income $20,400

Listing and Financial Details

  • Tenant pays for cable TV, electric, trash, water/sewer, fuel
  • The owner pays for lawn, snow
  • Assessor Parcel Number R01.09.07.411.002 & R01.09.07.411.003

Property Details

Home Type

Multi-Family

Year Built

1930

Lot Details

0

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Foundation Size: 1000
  • Mechanicals: Furnace Humidifier, Water Softner - Owned
  • Parcel Number: R01.09.07.411.002 & R01.09.07.411.003
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Estimated Number of Acres: 0.08
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1961
  • Total Fin Square Footage: 1961
  • Total Square Footage: 2961

Exterior Features

  • Frontage Road: City
  • Construction Type: Concrete Block, Struct. Insulated Panel
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Concrete, Patio

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2
  • Number Off Street Parking: 2

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 66x33 and 50x35

Rental Info

  • Owner Expense: Lawn, Snow
  • Tenant Expense: Cable TV, Electric, Trash, Water/Sewer, Fuel
  • Type of Tenancy: One Year Lease

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 1968
  • Est Annual Gross Income: 20400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2015
Sold by
Kuklinski Andrew D
Bought by
Brandon Kelly M
Current Estimated Value
$217,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2014
Closed on
Feb 28, 2014
Sold by
Heartland Home Properties Llc
Bought by
Brandon Kelly M and Kuklinski Andrew D
Seller's Agent
Richard Draheim
WEICHERT REALTORS, COMMUNITY GROUP
Buyer's Agent
Christa Wolner
Connect Real Estate Group
List Price
$149,900
Sold Price
$142,000
Premium/Discount to List
-$7,900
-5.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Original Mortgage
$139,428
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 2, 2012
Closed on
May 9, 2012
Sold by
Drummer Construction Inc
Bought by
Heartland Home Properties Llc
Seller's Agent
Andrew Kolars
REALTY EXECUTIVES ASSOCIATES
Buyer's Agent
Christa Wolner
Connect Real Estate Group
List Price
$140,000
Sold Price
$127,900
Premium/Discount to List
-$12,100
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$127,000
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brandon Kelly M -- Title Resources
Brandon Kelly M $142,000 St Andrews Title
Heartland Home Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brandon Kelly M $137,600
Previous Owner Brandon Kelly M $139,428
Previous Owner Heartland Home Properties Llc $127,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2014 02/28/14 Sold $142,000 -5.3% $72 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $149,900 +17.2% $76 / Sq Ft
04/06/2012 04/06/12 Sold $127,900 -8.6% $77 / Sq Ft View Prior Sale
03/23/2012 03/23/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $140,000 -- $84 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,996 $219,200 $16,700 $202,500
2024 $2,996 $216,200 $16,700 $199,500
2023 $2,716 $205,200 $16,700 $188,500
2022 $2,362 $190,200 $16,700 $173,500
2021 $2,344 $152,500 $16,700 $135,800
2020 $2,236 $143,600 $16,700 $126,900
2019 $2,156 $143,600 $16,700 $126,900
2018 $2,086 $138,100 $16,700 $121,400
2017 $1,886 $134,600 $16,700 $117,900
2016 $1,764 $126,500 $16,700 $109,800
2015 $17 $118,400 $16,700 $101,700
2014 $1,224 $115,200 $16,700 $98,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7004361

REALTOR® Association of Southern Minnesota

APN: R01-09-07-411-002