NOT LISTED FOR SALE

Estimated Value: $443,776 - $566,000

5 Beds
3 Baths
2,610 Sq Ft
$190/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $555,000 $213 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,130/month

44 Days on Market

Highlights

  • Deck
  • Hot Water Heating System
  • Property is Fully Fenced
  • Forced Air Heating System
  • Laundry Facilities
  • Wood Siding

About This Home

As of June 2024

Exceptionally 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.

Last Agent to Sell the Property

Anthony Miller

Lakes Sotheby's International Realty Listed on: 03/15/2024

Lakes Sotheby's International Realty

Last Buyer's Agent

Scott Hoefler

Side by Side Realty LLC

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
  • Wood Siding

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
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance, taxes, trash collection
  • Assessor Parcel Number 0102824240064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,430

Year Built

Built in 1914

Lot Details

0

Parking

3

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Laundry
  • Year Built: 1914
  • Above Grade Finished Sq Ft: 2610
  • 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: 2610
  • Owner Pays: Insurance, Taxes, Trash Collection
  • Basement YN: Yes
  • Appliances: Dishwasher,Range
  • Number Of Fireplaces: 0
  • Number Of Fireplaces: 0
  • Appliances: Range
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Fencing: Full, Wood
  • Neighborhood: Corcoran
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached
  • Other Parking Spaces: 0
  • Other Parking Spaces: 0

Utilities

  • Heating: Forced Air, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Three

Schools

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

Lot Info

  • Lot Size: 42x172
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0102824240064
  • Tax Annual Amount: 5430
  • TaxWithAssessments: 6025.2800

Multi Family

  • TenantPays: All Utilities
  • Number Of Refrigerators: Three

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
Anthony 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%
Views
31
Current Estimated Value
$497,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,806
Avg. Annual Appreciation
-6.89%
Original Mortgage
$519,497
Outstanding Balance
$513,056
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
-$15,862

Purchase Details

Listed on
Jul 2, 2014
Closed on
Aug 19, 2014
Sold by
Fannie Mae
Bought by
Rysdahl Gabriel
Seller's Agent
Claude Worrell
RE/MAX Results
Buyer's Agent
Holly Holt
Keller Williams Integrity Realty
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
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
Teresi Steven $555,000 --
Rysdahl Gabriel -- First Financial Title Agency
Vosika Elizabeth M $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teresi Steven $519,497
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
07/26/2014 07/26/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $187,900 -- $72 / 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
2024 $6,209 $425,000 $118,000 $307,000
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

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6504198

NorthstarMLS

APN: 01-028-24-24-0064