NOT LISTED FOR SALE

Estimated Value: $600,000 - $763,000

8 Beds
3 Baths
5,112 Sq Ft
$131/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $515,000 $101 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,254/month

7 Days on Market

About This Home

As of December 2022

Spacious duplex in the heart of Uptown just steps to Lake Bde Mka Ska, shopping, restaurants and walking/biking trails! This home boasts over 5100 finished square feet, hardwood floors, built-in buffet's and china cabinets, box beamed ceilings and wood burning fireplaces with custom woodwork mantles. The main level unit has 3 large bedrooms and huge room spaces including spacious sunroom. The upper unit has an identical floor plan but features an attached third level with an additional 2 bedrooms, 1 bath and additional living space and bonus kitchen. This is an ideal home to owner-occupy or for investment as the third level has potential to make the home a tri-plex.

Last Agent to Sell the Property

Michael Wasem

Edina Realty, Inc. Listed on: 11/01/2022

Edina Realty, Inc.

Co-Listed By

Michael Wasem

Edina Realty, Inc.

Last Buyer's Agent

Michael Wasem

Edina Realty, Inc. Listed on: 11/01/2022

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,799

Year Built

  • Built in 1912

Lot Details

  • 6,098

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Pitched Roof

Interior Spaces

  • 5,112 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Additional Features

  • Lot Dimensions are 46x128
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for insurance, grounds care, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 0402824210148

Community Details

Overview

  • 2 Units
  • Calhoun Park Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,799

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Year Built: 1912
  • Above Grade Finished Sq Ft: 5112
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 5112
  • Owner Pays: Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Total Rooms: 9
  • Total Rooms: 13

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • Fencing: None
  • Neighborhood: ECCO

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 440

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

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

Building Info

  • Construction Materials: Brick/Stone, Stucco
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0402824210148
  • Tax Annual Amount: 9799
  • TaxWithAssessments: 9799.0000

Multi Family

  • TenantPays: Cable TV, Electricity
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Dec 15, 2022
Sold by
The Estate Of Edward Barton Chapin Jr
Bought by
Yesil Korhan
Seller's Agent
Michael Wasem
Edina Realty, Inc.
Buyer's Agent
Michael Wasem
Edina Realty, Inc.
List Price
$500,000
Sold Price
$515,000
Premium/Discount to List
$15,000
3%
Views
1
Current Estimated Value
$671,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,902
Avg. Annual Appreciation
9.89%
Original Mortgage
$437,750
Outstanding Balance
$424,614
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$247,288

Purchase Details

Listed on
Nov 1, 2022
Closed on
Dec 12, 2022
Sold by
Chapin Edward B
Bought by
Yesil Korhan
Seller's Agent
Michael Wasem
Edina Realty, Inc.
Buyer's Agent
Michael Wasem
Edina Realty, Inc.
List Price
$500,000
Sold Price
$515,000
Premium/Discount to List
$15,000
3%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,750
Outstanding Balance
$424,614
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$247,288
Source: Public Records

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
Yesil Korhan $515,000 --
Yesil Korhan $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yesil Korhan $437,750
Closed Yesil Korhan $437,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2022 12/15/22 Sold $515,000 +3.0% $101 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $500,000 -- $98 / 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
2024 $8,139 $540,000 $258,000 $282,000
2023 $7,392 $540,000 $276,000 $264,000
2022 $9,799 $661,000 $285,000 $376,000
2021 $8,381 $669,000 $249,000 $420,000
2020 $9,074 $603,000 $256,400 $346,600
2019 $8,820 $603,000 $170,900 $432,100
2018 $7,835 $574,500 $158,700 $415,800
2017 $8,025 $517,500 $144,300 $373,200
2016 $7,830 $493,000 $144,300 $348,700
2015 $7,821 $469,500 $144,300 $325,200
2014 -- $447,000 $136,900 $310,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6304615

NorthstarMLS

APN: 04-028-24-21-0148