3211 22nd Ave S Minneapolis, MN 55407
Corcoran Neighborhood
5
Beds
3
Baths
2,610
Sq Ft
6,970
Sq Ft Lot
Highlights
- Deck
- Hot Water Heating System
- Property is Fully Fenced
- Forced Air Heating System
About This Home
As of June 2024Exceptionally maintained with a strong rental history, this Corcoran Neighborhood triplex is perfect for either an investor or owner occupant. Walkable to numerous restaurants, shops, Powderhorn and other City parks, the light rail transit system, and more it's location is truly ideal. Property highlights: updated kitchens, original hardwood floors, brand new heated 3 car garage with 220 volt hookup and large attic space above that could function as a workshop/studio/etc, shared fenced backyard with perennial gardens. Although zoned as a duplex, the property features a third unit giving added income potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,430
Year Built
- Built in 1914
Lot Details
- Lot Dimensions are 42x172
- Property is Fully Fenced
- Wood Fence
- Few Trees
Parking
- 3 Car Garage
Home Design
- Triplex
Interior Spaces
- 2,610 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Outdoor Features
- Deck
Utilities
- Forced Air Heating System
- Hot Water Heating System
Community Details
- 3 Units
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for insurance, taxes, trash collection
- Assessor Parcel Number 0102824240064
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2024
Closed on
Jun 7, 2024
Sold by
Rysdahl Gabriel
Bought by
Teresi Steven and Teresi Kathryn
Seller's Agent
Tony Miller
Lakes Sotheby's International Realty
Buyer's Agent
Scott Hoefler
Side by Side Realty LLC
List Price
$550,000
Sold Price
$555,000
Premium/Discount to List
$5,000
0.91%
Total Days on Market
44
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,095
Avg. Annual Appreciation
1.76%
Original Mortgage
$519,497
Outstanding Balance
$515,267
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$48,828
Purchase Details
Listed on
Jul 2, 2014
Closed on
Aug 19, 2014
Sold by
Fannie Mae
Bought by
Rysdahl Gabriel
List Price
$187,900
Sold Price
$195,000
Premium/Discount to List
$7,100
3.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Purchase Details
Closed on
Mar 22, 2005
Sold by
Passi Jon D
Bought by
Vosika Elizabeth M and Vosika Michael T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.71%
Mortgage Type
New Conventional
Map
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Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $555,000 | -- | |
| Limited Warranty Deed | -- | First Financial Title Agency | |
| Warranty Deed | $315,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $519,497 | New Conventional | |
| Previous Owner | $95,000 | Commercial | |
| Previous Owner | $245,000 | New Conventional | |
| Previous Owner | $243,000 | New Conventional | |
| Previous Owner | $24,676 | Credit Line Revolving | |
| Previous Owner | $7,748 | Negative Amortization | |
| Previous Owner | $252,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2024 06/07/24 | Sold | $555,000 | +0.9% | $213 / Sq Ft |
| 04/29/2024 04/29/24 | Pending | -- | -- | -- |
| 03/15/2024 03/15/24 | For Sale | $550,000 | +182.1% | $211 / Sq Ft |
| 08/25/2014 08/25/14 | Sold | $195,000 | +3.8% | $75 / Sq Ft |
| 07/26/2014 07/26/14 | Pending | -- | -- | -- |
| 07/02/2014 07/02/14 | For Sale | $187,900 | -- | $72 / Sq Ft |
Source: NorthstarMLS
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 | $6,025 | $416,000 | $109,000 | $307,000 |
| 2022 | $4,899 | $403,000 | $97,000 | $306,000 |
| 2021 | $4,181 | $358,000 | $61,000 | $297,000 |
| 2020 | $4,663 | $320,000 | $42,800 | $277,200 |
| 2019 | $4,322 | $328,500 | $28,500 | $300,000 |
| 2018 | $3,503 | $298,500 | $28,500 | $270,000 |
| 2017 | $3,403 | $235,000 | $25,900 | $209,100 |
| 2016 | $3,414 | $229,000 | $25,900 | $203,100 |
| 2015 | $3,646 | $199,000 | $25,900 | $173,100 |
| 2014 | -- | $188,000 | $28,100 | $159,900 |
Source: Public Records
Source: NorthstarMLS
MLS Number: 6504198
APN: 01-028-24-24-0064
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