NOT LISTED FOR SALE

Estimated Value: $309,490 - $417,000

2 Beds
1 Bath
2,280 Sq Ft
$166/Sq Ft Est. Value

Last Sold May 01, 2012

Last sale price $120,000 $53 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $2,393/month

364 Days on Market

About This Home

As of May 2012

Great investment for owner occupied or rental property. Both units are rented now!

Last Agent to Sell the Property

Lawrence Lees

RE/MAX Results Listed on: 04/27/2011

Last Buyer's Agent

Kiran Kavati

Bridge Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,685

Year Built

  • 1911

Lot Details

  • Lot Dimensions are 50.00 x 150.00

Home Design

  • 2,280 Sq Ft Home
  • Duplex
  • Wood Siding

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,685

Year Built

1911

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 04/27/2012
  • Taxes With Assessments: 4626.64
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1911

Interior Features

  • Basement Features: Unfinished
  • Finished Above Grade Sq Ft: 2280
  • Total Fin Square Footage: 2280

Exterior Features

  • Exterior: Wood

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 50.00 X 150.00

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 4700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2012
Sold by
Anderson Robert M
Bought by
Anderson Robert M and The Robert M Anderson Tr
Total Days on Market
364
Current Estimated Value
$377,497

Purchase Details

Closed on
Sep 15, 2010
Sold by
Tjosvold Dale S
Bought by
Anderson Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.25%
Mortgage Type
Land Contract Argmt. Of Sale
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 Buyer Sale Price Title Company
Anderson Robert M -- None Available
Anderson Robert M -- None Available
Anderson Robert M $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kavati Kiran $200,000
Closed Kavati Kiran $120,000
Closed Kavati Kiran $50,000
Previous Owner Anderson Robert M $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2012 05/01/12 Sold $120,000 -33.3% $53 / Sq Ft
04/25/2012 04/25/12 Pending -- -- --
04/27/2011 04/27/11 For Sale $179,900 -- $79 / 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
2023 $4,685 $269,000 $83,000 $186,000
2022 $4,159 $261,000 $74,000 $187,000
2021 $3,845 $221,000 $50,000 $171,000
2020 $4,137 $210,000 $63,600 $146,400
2019 $3,904 $210,000 $42,400 $167,600
2018 $3,601 $191,000 $42,400 $148,600
2017 $3,391 $156,500 $38,500 $118,000
2016 $2,882 $149,000 $38,500 $110,500
2015 $2,729 $134,500 $38,500 $96,000
2014 -- $127,500 $29,600 $97,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3588490

REALTOR® Association of Southern Minnesota

APN: 01-028-24-14-0016