NOT LISTED FOR SALE

32 N Vine St Waconia, MN 55387

5 Beds
4 Baths
4,500 Sq Ft
9,148 Sq Ft Lot

Last Sold May 25, 2023

Last sale price $850,000 $189 Per Sq Ft

6 Days on Market

Highlights

  • Lake View
  • Forced Air Heating System
  • 5-minute walk to Richie Wagener Community Playground
  • Bayview Elementary School Rated A-
  • Coin Laundry

About This Home

As of May 2023

*** 5 total units! *** Turn Key 5 plex apartment building one block off of Lake Waconia
Fantastic cash flow
Recently renovated units
Common room with coin-operated laundry on main level
5th unit is on 3rd level, largest unit at 1200 sq ft, 2 bed, 1 full bath, laundry in unit.
Unit #4 also has laundry in unit.

Last Listed By

Jay A. Hancock

Keller Williams Realty Integrity Listed on: 03/16/2023

Keller Williams Realty Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,656

Year Built

  • Built in 1915

Lot Details

  • 9,148

Parking

  • Assigned Parking

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Lake Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Lot Dimensions are 58x165
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, fuel, insurance
  • The owner pays for grounds care, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 75050358

Community Details

Overview

  • 4 Units
  • City Lts Of Waconia Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,656

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Other
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Common Laundry, Coin-op Laundry Owned
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 4500
  • Water Body Name: Waconia
  • Water Sewer Expenses: 1800
  • 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, Unfinished
  • Living Area: 4500
  • Owner Pays: Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Countertops-Solid Surface
  • Appliances: Dishwasher,Microwave,Range
  • Total Rooms: 4
  • Amenities: Coffered Ceilings
  • Appliances: Range
  • Total Rooms: 3
  • Number Of Fireplaces: 0
  • Amenities: Deck
  • Appliances: Range
  • Total Rooms: 4
  • Amenities: Deck
  • Appliances: Dishwasher,Dryer,Microwave,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • View: Lake
  • Lake Acres: 3080
  • LakeChain: N

Garage/Parking

  • Parking Features: Assigned, Shared Driveway, Gravel, Open

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Five

Schools

  • Junior High Dist: Waconia
  • SchoolDistrictNumber: 110
  • SchoolDistrictPhone: 952-442-0600

Lot Info

  • Waterfront YN: No
  • Lot Size: 58x165
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 4

Rental Info

  • Expenses: 14520.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 75050358
  • Tax Annual Amount: 7656
  • TaxWithAssessments: 7656.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Fuel, Insurance
  • ElectricExpense: 360
  • FuelExpense: 260
  • WaterfrontFeatures: Lake View
  • Number Of Refrigerators: Five

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $850,000 -5.6% $189 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $899,999 -- $200 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6343076

NorthstarMLS

APN: 75-0503580