NOT LISTED FOR SALE

Estimated Value: $507,000 - $585,000

3 Beds
2 Baths
3,300 Sq Ft
$165/Sq Ft Est. Value

Last Sold April 09, 2013

Last sale price $208,000 $63 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $3,453/month

290 Days on Market

About This Home

As of April 2013

Negotiated SS! Multi-family house with one 2-bedroom unit, 3 efficiency units on the second level, and shared livable common space in the basement. Zoned as a duplex and could easily be converted to just 2 units. 12 hours notice is required for showings.

Last Agent to Sell the Property

Michael Gross

RE/MAX Home Realty Listed on: 06/03/2012

Last Buyer's Agent

Martha Gaarder

Coldwell Banker Burnet

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,749

Year Built

  • Built in 1917

Lot Details

  • 5,227

Parking

  • 3 Car Detached Garage

Home Design

  • Metal Siding

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Cooktop
  • Finished Basement

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 3102923220102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,749

Year Built

Built in 1917

Lot Details

0

Parking

3

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Construction: Previously Owned
  • Parcel Number: 3102923220102
  • Potential Short Sale: Yes
  • Projected Closed Date: 04/15/2013
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 4749
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Cooktop, Range/Stove, Refrigerator
  • Basement Features: Finished
  • Finished Above Grade Sq Ft: 2600
  • Total Fin Square Footage: 3300
  • Below Grade Finished Sq Ft: 700

Exterior Features

  • Exterior: Metal

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 3

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: S 40 X 130

Building Info

  • Year Built: 1917

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2011
  • Tax Value: 4749

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2012
Closed on
Apr 9, 2013
Sold by
Abdelal Ahmed M and Mohamed Mona
Bought by
Ramstad Otto
Seller's Agent
Michael Gross
RE/MAX Home Realty
Buyer's Agent
Martha Gaarder
Coldwell Banker Burnet
List Price
$264,900
Sold Price
$208,000
Premium/Discount to List
-$56,900
-21.48%
Current Estimated Value
$525,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,599
Avg. Annual Appreciation
7.44%

Purchase Details

Closed on
Jul 30, 2004
Sold by
Abdelal Amro M
Bought by
Abdelal Ahmed M and Abdelal Mona
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
Ramstad Otto $201,882 Midland Title
Abdelal Ahmed M $284,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramstad Otto W $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2013 04/09/13 Sold $208,000 -21.5% $63 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
06/03/2012 06/03/12 For Sale $264,900 -- $80 / 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 $6,895 $523,000 $157,000 $366,000
2022 $6,320 $484,000 $149,000 $335,000
2021 $6,427 $456,000 $103,000 $353,000
2020 $6,508 $480,500 $85,700 $394,800
2019 $6,085 $449,000 $57,100 $391,900
2018 $5,680 $408,000 $57,100 $350,900
2017 $5,821 $367,500 $51,900 $315,600
2016 $5,453 $335,000 $51,900 $283,100
2015 $5,125 $302,000 $51,900 $250,100
2014 -- $251,000 $54,800 $196,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4275982

REALTOR® Association of Southern Minnesota

APN: 31-029-23-22-0102