NOT LISTED FOR SALE

Estimated Value: $282,000 - $300,000

3 Beds
3 Baths
2,324 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 08, 2013

Last sale price $139,000 $60 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,930/month

50 Days on Market

Highlights

  • 3 Car Detached Garage
  • Roosevelt Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of July 2013

Well Maintained Tri-plex that has many recent updates including, New roof, paint flooring in some units, a large 3 stall garage that has separate rental income of $125/month. This would be a fantastic owner occupied rental. The main floor is a large 1 bedroom unit with a large living room and bedroom, the lower unit is a spacious 1 bedroom, with an open floor plan, the upper unit is a smaller 1 bedroom with a large kitchen. There is a washer and dryer located in the basement that is accessible to all 3 units.

Last Agent to Sell the Property

Jason Beal

JBEAL REAL ESTATE GROUP License #20276087 Listed on: 04/01/2013

Last Buyer's Agent

Christa Wolner

Connect Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,786

Year Built

  • 1926

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x161

Parking

  • 3 Car Detached Garage
  • 2 Parking Spaces Included

Home Design

  • Triplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,324 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Finished Basement

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

Location

  • Ground Level
  • Lower Level
  • Upper Level

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Phone Available

Community Details

  • Gross Income $20,700

Listing and Financial Details

  • Tenant pays for broadband, cable TV
  • The owner pays for lawn, maint/repair, trash, water/sewer
  • Assessor Parcel Number R01.08.13.183.014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,786

Year Built

1926

Lot Details

0

Parking

3

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Triplex
  • Construction: Previously Owned
  • Foundation Size: 920
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R01.08.13.183.014
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Estimated Number of Acres: 0.18
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1926

Interior Features

  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Basement Features: Egress Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1524
  • Total Fin Square Footage: 2324
  • Total Square Footage: 2444
  • Below Grade Finished Sq Ft: 800

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 3
  • Number Off Street Parking: 3

Utilities

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

Lot Info

  • Lot/Land Description: Paved Streets, Telephone, Underground Utilities
  • Estimated Lot Dimensions: 50x161

Rental Info

  • Owner Expense: Lawn, Maint/Repair, Trash, Water/Sewer
  • Tenant Expense: Broadband, Cable TV
  • Type of Tenancy: Month to Month

Multi Family

  • Est Annual Gross Income: 20700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2014
Sold by
Gay Rodney R and Gay Tamara J
Bought by
4Gs Properties Llc
Current Estimated Value
$290,772

Purchase Details

Listed on
Apr 1, 2013
Closed on
Jul 1, 2013
Sold by
Schmidt Chad J and Schmidt Andrea Loken
Bought by
Gay Rodney R
Seller's Agent
Jason Beal
JBEAL REAL ESTATE GROUP
Buyer's Agent
Christa Wolner
Connect Real Estate Group
List Price
$159,900
Sold Price
$139,000
Premium/Discount to List
-$20,900
-13.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$103,500
Interest Rate
3.83%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
4Gs Properties Llc -- --
Gay Rodney R $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gay Rodney R $103,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2013 07/08/13 Sold $139,000 -13.1% $60 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $159,900 -- $69 / 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
2025 $4,786 $292,500 $25,500 $267,000
2024 $4,786 $277,800 $25,500 $252,300
2023 $4,632 $269,100 $25,500 $243,600
2022 $3,370 $259,100 $25,500 $233,600
2021 $3,172 $218,000 $25,500 $192,500
2020 $2,970 $191,300 $25,500 $165,800
2019 $2,726 $191,300 $25,500 $165,800
2018 $2,598 $175,000 $25,500 $149,500
2017 $2,276 $168,100 $25,500 $142,600
2016 $2,310 $152,900 $25,500 $127,400
2015 $21 $155,600 $25,500 $130,100
2014 $2,118 $141,900 $25,500 $116,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7001899

REALTOR® Association of Southern Minnesota

APN: R01-08-13-183-014