$285,000
SOLD DEC 18, 2024
5 Beds
2 Baths
2,007 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$142 Per Sq Ft

36 Days on Market

About This Home

As of December 2024

Here's an investment opportunity that stands out! This newly remodeled 2-unit duplex is perfect for generating income. Both units have been professionally updated with new countertops, windows, steel roofing, plumbing, gas lines, fresh paint, and new flooring—everything is ready for you or your tenants to move in. Each unit offers off-street parking, and there's a two-car garage for added convenience. Plus, each unit has its own laundry, a feature your future renters will love. With everything already updated and modernized, you can start earning revenue right away.

Last Agent to Sell the Property

Kris Lindahl

Kris Lindahl Real Estate Listed on: 10/14/2024

Kris Lindahl Real Estate

Co-Listed By

Joshua McDonald

Kris Lindahl Real Estate

Last Buyer's Agent

Emily Duea

ATD Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 1901

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry

Home Design

  • Duplex
  • Metal Roof
  • Steel Siding

Interior Spaces

  • 2,007 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 46x157x46x157
  • Forced Air Heating System

Community Details

  • 2 Units
  • Bakers 4Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1002924230126

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,800

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1901
  • Above Grade Finished Sq Ft: 2007
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Storage Space, Unfinished
  • Living Area: 2007
  • Basement YN: Yes
  • Appliances: Dishwasher,Dryer,Range
  • Amenities: Deck
  • Appliances: Dryer,Range

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Metal
  • Neighborhood: McKinley

Garage/Parking

  • Parking Features: Detached, Storage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

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

Lot Info

  • Lot Size: 46x157x46x157
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1002924230126
  • Tax Annual Amount: 2800
  • TaxWithAssessments: 2800.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Nov 20, 2024
Sold by
Jmt 3404 Fremont Llc
Bought by
Montiel Maritza Iracema and Penalosa Nelso Villa
Seller's Agent
Kris Lindahl
Kris Lindahl Real Estate
Buyer's Agent
Emily Duea
ATD Realty
List Price
$285,000
Sold Price
$285,000
Views
48
Current Estimated Value
$292,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,340
Avg. Annual Appreciation
3.00%
Original Mortgage
$28,500
Outstanding Balance
$18,038
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$274,302

Purchase Details

Closed on
Sep 25, 2020
Sold by
Cates Elaina N and Cates James
Bought by
Scott Wayne and Scott Karina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2009
Sold by
Garner Lawrence D
Bought by
Jmt 3404 Freemont Llc
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 Type Sale Price Title Company
Warranty Deed $285,000 Trademark Title
Warranty Deed $205,000 Burnet Title
Warranty Deed $136,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $28,500 New Conventional
Open $247,252 FHA
Previous Owner $10,000 New Conventional
Previous Owner $198,158 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2024 12/18/24 Sold $285,000 0.0% $142 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $285,000 -- $142 / 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 $2,771 $201,000 $24,000 $177,000
2023 $2,800 $175,000 $18,000 $157,000
2022 $2,446 $152,000 $15,000 $137,000
2021 $2,026 $144,000 $12,000 $132,000
2020 $1,857 $124,000 $12,200 $111,800
2019 $1,588 $105,000 $8,100 $96,900
2018 $1,348 $87,500 $8,100 $79,400
2017 $1,199 $64,000 $7,400 $56,600
2016 $1,238 $64,000 $7,400 $56,600
2015 $1,126 $55,500 $7,400 $48,100
2014 -- $53,000 $7,400 $45,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6602196

NorthstarMLS

APN: 10-029-24-23-0126