NOT LISTED FOR SALE

Estimated Value: $474,000 - $527,000

4 Beds
2 Baths
3,112 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 14, 2014

Last sale price $311,000 $100 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,561/month

111 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Woodwork
  • Washburn High School Rated A-

About This Home

As of August 2014

Time to capitalize on the hot rental market! This true up/down duplex always attracts buyers with its spacious rooms, fireplaces, hardwood floors and gorgeous front sun room. Owner-occupy and the tenant could pay almost all of your martgage!

Last Agent to Sell the Property

Michael McGee

Coldwell Banker Burnet Listed on: 04/23/2014

Last Buyer's Agent

Scott Parkin

Verve Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,780

Year Built

  • Built in 1923

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 51x164

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 3,112 Sq Ft Home
  • Woodwork
  • Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Utilities

  • Window Unit Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel
  • The owner pays for lawn, maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,780

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 199
  • Assessments: Yes
  • Construction: Previously Owned
  • Projected Closed Date: 08/29/2014
  • Taxes With Assessments: 4979
  • Estimated Number of Acres: 0.19
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3112
  • Total Fin Square Footage: 3112

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 51x164

Rental Info

  • Owner Expense: Lawn, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Fuel

Building Info

  • Year Built: 1923

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2014
  • Tax Value: 4780

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2014
Closed on
Aug 14, 2014
Sold by
Houser Gregory J
Bought by
Tauer David A
Seller's Agent
Michael McGee
Coldwell Banker Burnet
Buyer's Agent
Scott Parkin
Verve Realty
List Price
$310,000
Sold Price
$311,000
Premium/Discount to List
$1,000
0.32%
Current Estimated Value
$505,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,127
Avg. Annual Appreciation
4.45%
Original Mortgage
$305,367
Outstanding Balance
$220,450
Interest Rate
2.75%
Mortgage Type
FHA
Estimated Equity
$284,677
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tauer David A $385,000 Viking Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tauer David A $305,367
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2014 08/14/14 Sold $311,000 +0.3% $100 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $310,000 -- $100 / 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
2024 $10,591 $419,000 $123,000 $296,000
2023 $7,502 $469,000 $123,000 $346,000
2022 $10,198 $426,000 $120,000 $306,000
2021 $5,946 $400,000 $111,000 $289,000
2020 $6,434 $364,000 $105,200 $258,800
2019 $6,607 $364,000 $70,100 $293,900
2018 $5,803 $364,000 $70,100 $293,900
2017 $5,155 $275,000 $63,700 $211,300
2016 $5,918 $275,000 $63,700 $211,300
2015 $4,850 $239,000 $63,700 $175,300
2014 -- $223,000 $49,000 $174,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4606515

REALTOR® Association of Southern Minnesota

APN: 03-028-24-24-0038