NOT LISTED FOR SALE
1 Bed
1 Bath
3,712 Sq Ft
5,663 Sq Ft Lot

Last Sold March 30, 2012

Last sale price $246,000 $66 Per Sq Ft

38 Days on Market

Highlights

  • Property is near public transit
  • 4 Car Detached Garage
  • Community Deck or Porch
  • Wood Flooring
  • Coin Laundry
  • 5-minute walk to Powderhorn Park

About This Home

As of March 2012

Great investment opportunity! Clean 4 plex across from Powderhorn Park & Powderhorn Lake. 4 good sized 1 bedroom & 1 bath units. Fully rented with great rental history. Huge basement with lots of storage plus 4 car detached garage is a bonus.

Last Agent to Sell the Property

Dan Price

Arrow Real Estate Corp Listed on: 01/10/2012

Last Buyer's Agent

Laurie Allen

Coldwell Banker Burnet

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,281

Year Built

  • Built in 1927

Lot Details

  • 5,663

Parking

  • 4 Car Detached Garage

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof
  • Stucco Exterior

Interior Spaces

  • 3,712 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range

Additional Features

  • Lot Dimensions are 45.00 x 127.00
  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for electric, fuel, lawn, maint/repair, snow, trash, water/sewer

Community Details

Overview

  • 4 Units

Amenities

  • Community Deck or Porch
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,281

Year Built

Built in 1927

Lot Details

0

Parking

4

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 03/30/2012
  • Stories: 2 Story
  • Taxes With Assessments: 5281.44
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3712
  • Total Fin Square Footage: 3712

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Flat, Tar/Gravel

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 4

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned, Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks)
  • Estimated Lot Dimensions: 45.00 X 127.00

Rental Info

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

Building Info

  • Year Built: 1927

Multi Family

  • Total Units Available: 4

Tax Info

  • Year: 2011
  • Tax Value: 5281

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2012
Closed on
Mar 30, 2012
Sold by
Hanten George M and Hanten Donna
Bought by
Jcj Investments Llc
Seller's Agent
Dan Price
Arrow Real Estate Corp
Buyer's Agent
Laurie Allen
Coldwell Banker Burnet
List Price
$260,000
Sold Price
$246,000
Premium/Discount to List
-$14,000
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$26,027
Interest Rate
3.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 15, 2003
Sold by
Carlson Kenneth D
Bought by
Wittanten George
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jcj Investments Llc $246,000 Burnet Title
Wittanten George $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jcj Investments Llc $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2012 03/30/12 Sold $246,000 -5.4% $66 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $260,000 -- $70 / 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
2024 $1,893 $437,000 $79,900 $357,100
2023 $7,855 $474,000 $79,900 $394,100
2022 $8,745 $473,000 $79,900 $393,100
2021 $8,381 $498,000 $72,900 $425,100
2020 $8,245 $513,000 $48,600 $464,400
2019 $7,559 $466,500 $48,600 $417,900
2018 $6,474 $416,500 $24,300 $392,200
2017 $6,129 $327,000 $22,100 $304,900
2016 $6,024 $311,500 $22,100 $289,400
2015 $5,499 $271,000 $22,100 $248,900
2014 -- $249,000 $22,100 $226,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3593228

REALTOR® Association of Southern Minnesota

APN: 02-028-24-12-0185