NOT LISTED FOR SALE

Estimated Value: $394,000 - $658,000

6 Beds
3 Baths
2,410 Sq Ft
$220/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $670,000 $278 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $3,663/month

105 Days on Market

Highlights

  • 1 Car Attached Garage
  • 1-Story Property
  • 4-minute walk to Franklin Oval Park
  • Patio
  • Forced Air Heating System

About This Home

As of April 2024

This stunning triplex boasts an ideal location, nestled in the heart of Prospect Park. This property is a quick 10 minutes or less to both downtowns, the U of M, and the Mississippi river! This property has three distinct units, each with its own unique appeal and updates. Each unit has a private entrance making each unit feel like a home. All three units have updated HVAC, stainless steel appliances and in-unit laundry. The exterior is well maintained with fresh paint, a new roof, and solar panels! The backyard is perfect place for unwinding and relaxing. Come see this high performing investment property.

Last Agent to Sell the Property

Shelbie Walsh

Real Broker, LLC Listed on: 11/10/2023

Real Broker, LLC

Last Buyer's Agent

Rose Moua

Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,270

Year Built

  • Built in 1953

Lot Details

  • 9,583

Parking

  • 1 Car Attached Garage

Home Design

  • Triplex
  • Shake Siding

Interior Spaces

  • 1-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • 200+ Amp Service

Additional Features

  • Patio
  • Lot Dimensions are 75 x 128

Community Details

  • 3 Units
  • Prospect Park 2Nd Div Rev Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for trash collection, water
  • Assessor Parcel Number 3002923440075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,270

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1953
  • Above Grade Finished Sq Ft: 1534
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Living Area: 2410
  • Below Grade Finished Sq Ft: 876
  • Owner Pays: Trash Collection, Water
  • Basement YN: Yes
  • Appliances: Dishwasher,Dryer,Range,Stainless Steel Appliances
  • Total Rooms: 6
  • Appliances: Dryer,Microwave,Range,Stainless Steel Appliances
  • Total Rooms: 5
  • Appliances: Dryer,Range,Stainless Steel Appliances
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age 8 Years or Less
  • Neighborhood: Prospect Park - East River Road
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 0

Utilities

  • Heating: Ductless Mini-Split, Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Electric,Natural Gas
  • Number of Ranges: Three

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 75 x 128
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding, Wood Siding
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3002923440075
  • Tax Annual Amount: 8270
  • TaxWithAssessments: 8270.0000

Multi Family

  • TenantPays: Electricity, Gas
  • Number Of Refrigerators: Three

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2021
Sold by
K & T North Saint Paul Investments Llc
Bought by
Johnson Monica
Current Estimated Value
$530,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,550
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 11, 2016
Sold by
Cerny Susan M
Bought by
K & T North Saint Paul Investments Llc
Source: Public Records

Range of Values:

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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
Johnson Monica $395,000 Trademark Title Services Inc
K & T North Saint Paul Investments Llc $230,000 Network Title Inc
Johnson Monica Monica $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Real-Estate Investments Alpha $690,000
Closed Johnson Monica $545,550
Previous Owner Cerny Susan M $33,450
Closed Johnson Monica Monica $371,409
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $670,000 -2.9% $278 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/01/2024 02/01/24 Price Changed $690,000 0.0% $286 / Sq Ft
02/01/2024 02/01/24 For Sale $690,000 +3.0% $286 / Sq Ft
12/22/2023 12/22/23 Off Market $670,000 -- --
11/14/2023 11/14/23 For Sale $725,000 -- $301 / 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
2023 $9,326 $675,000 $254,000 $421,000
2022 $7,203 $605,000 $172,000 $433,000
2021 $6,298 $424,000 $183,000 $241,000
2020 $6,311 $385,500 $136,400 $249,100
2019 $6,480 $357,000 $108,100 $248,900
2018 $5,593 $357,000 $108,100 $248,900
2017 $4,761 $254,000 $98,300 $155,700
2016 $4,010 $248,500 $98,300 $150,200
2015 $4,513 $248,500 $98,300 $150,200
2014 -- $232,500 $89,100 $143,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6455696

NorthstarMLS

APN: 30-029-23-44-0075