$430,000
SOLD MAR 14, 2025
4 Beds
4 Baths
3,702 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

1% Above List Price

33 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Patio
  • Elevator
  • 1 Car Attached Garage
  • Guest Parking

About This Home

As of March 2025

This property is JUST what you've been hoping for, but without the inflated price tag! Write us an Offer! Nestled into a beautiful part of South Minneapolis just off W river Pkwy. Lot is home to a multitude of rare wood species trees and a privacy fenced "Secret Garden-esque" back yard with ample private parking and tons of street parking. The options are seemingly endless with 1 of the units being 2 level and fully ADA compliant when it was remodeled some years back. Bring your vision and dare to dream. Why not live in one of the two other units and utilize Unit #1 for wheel chair accessibility to serve a broader potential for tenants. Don't WAIT, So many options!!! Schedule a private showing today!!!

Last Agent to Sell the Property

Garrett Hilton

Bridge Realty, LLC Listed on: 01/22/2025

Bridge Realty, LLC

Last Buyer's Agent

Steven Olson

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,438

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 40x134
  • Privacy Fence
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Basement

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

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Boiler Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for gas
  • Assessor Parcel Number 3102923230093

Community Details

Overview

  • 3 Units
  • Rgt Falls City Addn Blks E F G H T &U Subdivision

Amenities

  • Elevator

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,438

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 1
  • Accessibility Features: Reduced Height Counters, Doors 36"+, Accessible Elevator Installed, Fully Wheelchair, Grab Bars In Bathroom, Door Lever Handles, Reduced Height Cabinets, Lowered Switches/Controls
  • Water Source: City Water/Connected
  • Association Amenities: Deck, Elevator(s), Patio, Porch
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 2646
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 59x35
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Egress Window(s), Full
  • Living Area: 3702
  • Below Grade Finished Sq Ft: 1056
  • Owner Pays: Gas
  • Basement YN: Yes
  • Amenities: Countertops-Solid Surface,City View
  • Appliances: Microwave
  • FamilyRoomRoomFeatures: Family Room
  • Total Rooms: 4
  • Amenities: Built-In Bookcases,Ceiling Fan(s),Countertops-Solid Surface,City View
  • Total Rooms: 4
  • Amenities: Cable,City View,Walk-In Closet
  • Appliances: Range
  • Number Of Fireplaces: 0
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: Privacy
  • ConstructionMaterialsDesc: Block,Brick,Concrete,Frame
  • Neighborhood: Seward
  • PatioPorchType: Covered,Deck,Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Guest Parking
  • Garage Square Feet: 252
  • Garage Door Height: 6

Utilities

  • Heating: Boiler, Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Schools

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

Lot Info

  • Topography: Level
  • Lot Size: 40x134
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3102923230093
  • Tax Annual Amount: 8438
  • TaxWithAssessments: 8437.9200

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Mar 14, 2025
Sold by
Northern Value Group Llc
Bought by
Macmillan Lindsey and Giossi Marcos
Seller's Agent
Garrett Hilton
Bridge Realty, LLC
Buyer's Agent
Steven Olson
eXp Realty
List Price
$424,900
Sold Price
$430,000
Premium/Discount to List
$5,100
1.2%
Views
71
Current Estimated Value
$441,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,819
Avg. Annual Appreciation
8.98%
Original Mortgage
$380,000
Outstanding Balance
$379,680
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$63,459

Purchase Details

Closed on
Aug 30, 2024
Sold by
Emerson Carolyn R and Reece Janet L
Bought by
Northern Value Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.78%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $430,000 Titlenexus
Administrators Deed $500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 New Conventional
Previous Owner $340,000 Construction
Previous Owner $241,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $430,000 +1.2% $116 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $424,900 -- $115 / 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
2023 $8,438 $477,000 $148,000 $329,000
2022 $10,685 $435,000 $135,000 $300,000
2021 $5,943 $435,000 $84,000 $351,000
2020 $5,505 $458,000 $76,200 $381,800
2019 $5,091 $395,000 $50,800 $344,200
2018 $4,734 $359,000 $50,800 $308,200
2017 $4,852 $323,500 $46,200 $277,300
2016 $4,590 $299,000 $46,200 $252,800
2015 $4,112 $260,000 $46,200 $213,800
2014 -- $226,000 $46,200 $179,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6652163

NorthstarMLS

APN: 31-029-23-23-0093