NOT LISTED FOR SALE

Estimated Value: $591,000 - $697,000

7 Beds
3 Baths
3,110 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 06, 2013

Last sale price $422,700 $136 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,294/month

18 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • 1 Car Detached Garage
  • Wood Flooring
  • Fenced Yard
  • Fireplace

About This Home

As of August 2013

REALLY A VERY NICE TRI-PLEX WITH LOCATION! LOCATION! LOCATION! BLOCKS TO LAKE HARRIET, LAKE CALHOUN OR THE UPTOWN AREA. NICELY MAINTAINED BUILDING WITH EXCELLENT INCOME POTENTIAL!

Last Listed By

Skip Thomas

RE/MAX Results Listed on: 06/13/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,511

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 33x128
  • Fenced Yard
  • Corner Lot
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 3,110 Sq Ft Home
  • Woodwork
  • Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Location

  • Property is near public transit

Community Details

  • 3 Units
  • Coin Laundry

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,511

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessment Balance: 201.84
  • Construction: Previously Owned
  • Projected Closed Date: 08/30/2013
  • Stories: 2.25 - 2.75 Story
  • Taxes With Assessments: 7309
  • Estimated Number of Acres: 0.11
  • Comp Dev Subdiv Name: UPTOWN AREA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3110
  • Total Fin Square Footage: 3110

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Exterior: Stucco, Wood
  • Roof: Asphalt Shingles
  • Exterior Amenities: Fenced Yard - Full

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium
  • Estimated Lot Dimensions: 33x128

Rental Info

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

Building Info

  • Year Built: 1910

Multi Family

  • Total Units Available: 3

Tax Info

  • Year: 2013
  • Tax Value: 7511

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2021
Sold by
Larson Garrett
Bought by
Nyquist Caleb and Nyquist Shelby
Total Days on Market
18
Current Estimated Value
$643,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,369
Outstanding Balance
$553,363
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$90,358

Purchase Details

Closed on
Jan 19, 2016
Sold by
Williams Eliza and Petersen Michael
Bought by
Larson Garrett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,215
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 13, 2013
Closed on
Jul 24, 2013
Sold by
Mounds Park Investment Partners Llc
Bought by
Williams Eliza and Petersen Michael
Seller's Agent
Skip Thomas
RE/MAX Results
Buyer's Agent
Blake Hanson
Keller Williams Integrity Realty
List Price
$399,900
Sold Price
$422,700
Premium/Discount to List
$22,800
5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%
Original Mortgage
$317,025
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2009
Sold by
Fatourechi Leyla
Bought by
Mounds Park Investment Partners Llc

Purchase Details

Closed on
Oct 2, 2006
Sold by
Backstreet Properties Llc
Bought by
Fatourechi Leyla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,000
Interest Rate
8.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 7, 2005
Sold by
Hsbc Bank Usa
Bought by
Backstreet Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
5.98%
Mortgage Type
Unknown

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
Nyquist Caleb $614,500 West Title Llc
Larson Garrett $499,900 Dca Title
Williams Eliza $422,700 Home Title
Mounds Park Investment Partners Llc $308,983 --
Fatourechi Leyla $580,000 --
Backstreet Properties Llc $339,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nyquist Caleb $603,369
Previous Owner Larson Garrett $483,215
Previous Owner Williams Eliza $317,025
Previous Owner Fatourechi Leyla $551,000
Previous Owner Backstreet Properties Llc $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2013 08/06/13 Sold $422,700 +5.7% $136 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $399,900 -- $129 / 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
2023 $8,286 $610,000 $171,000 $439,000
2022 $10,278 $610,000 $132,000 $478,000
2021 $9,875 $605,000 $101,000 $504,000
2020 $12,198 $604,500 $103,800 $500,700
2019 $10,574 $604,500 $75,600 $528,900
2018 $9,077 $549,500 $75,600 $473,900
2017 $9,278 $495,000 $68,700 $426,300
2016 $8,324 $430,500 $68,700 $361,800
2015 $8,543 $421,000 $68,700 $352,300
2014 -- $366,000 $62,200 $303,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4494040

REALTOR® Association of Southern Minnesota

APN: 04-028-24-13-0111