NOT LISTED FOR SALE

Estimated Value: $526,327 - $576,000

8 Beds
4 Baths
3,012 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $525,000 $174 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,821/month

48 Days on Market

About This Home

As of April 2024

Perfect for an owner occupant or investor, this huge duplex will impress even the pickiest of buyers! Updated finishes, plumbing, furnaces, new drain tile and sump pump! Gas and Electric have been separated to lower expenses for new owner. Both units are vacant and ready for new tenants and/or owner occupant. Clean TISH, detached two car garage, and within walking distance to everything Uptown has to offer!

Last Listed By

Zachary Kirchoff

Lakes Sotheby's International Realty Listed on: 02/16/2024

Lakes Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,016

Year Built

  • Built in 1922

Lot Details

  • 5,227

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry

Home Design

  • Duplex

Interior Spaces

  • 3,012 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Lot Dimensions are 40x130
  • Forced Air Heating System

Community Details

  • 2 Units
  • Remingtons 2Nd Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, fuel
  • The owner pays for repairs, taxes, trash collection, water
  • Assessor Parcel Number 0402824130119

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,016

Year Built

Built in 1922

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: 1922
  • Above Grade Finished Sq Ft: 3012
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Storage Space, Unfinished
  • Living Area: 3012
  • Owner Pays: Repairs, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: French Doors
  • Appliances: Dishwasher,Dryer,Fuel Tank - Owned,Gas Water Heater,Microwave,Range
  • Total Rooms: 10
  • Appliances: Dishwasher,Dryer,Gas Water Heater,Microwave,Range,Stainless Steel Appliances
  • Total Rooms: 10

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Age 8 Years or Less
  • ConstructionMaterialsDesc: Concrete,Frame
  • Neighborhood: South Uptown

Garage/Parking

  • Parking Features: Detached, Storage
  • Garage Square Feet: 600
  • Other Parking Spaces: 1

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 40x130
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0402824130119
  • Tax Annual Amount: 9016
  • TaxWithAssessments: 9016.0000

Multi Family

  • TenantPays: Electricity, Fuel
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 24, 2024
Sold by
Minneapolis Real Estate Holdings Ii Llc
Bought by
Agudo Agudo Manuel Manuel and Velez Narvaez Concepcion
Seller's Agent
Zachary Kirchoff
Lakes Sotheby's International Realty
Buyer's Agent
Jonathan Soto
RE/MAX Results
List Price
$525,000
Sold Price
$525,000
Total Days on Market
48
Views
50
Current Estimated Value
$542,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,332
Avg. Annual Appreciation
3.05%
Original Mortgage
$515,490
Outstanding Balance
$510,459
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$31,873

Purchase Details

Closed on
Mar 30, 2022
Sold by
Klp Real Estate Llc
Bought by
Minneapolis Real Estate Holdings Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2011
Sold by
Ipanis William
Bought by
Klp Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.53%
Mortgage Type
Unknown

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
Agudo Agudo Manuel Manuel $525,000 --
Minneapolis Real Estate Holdings Ii Llc $550,000 None Listed On Document
Klp Real Estate Llc $215,000 Burnet Title
Klp Real Estate Llc $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agudo Agudo Manuel Manuel $515,490
Previous Owner Minneapolis Real Estate Holdings Ii Llc $440,000
Previous Owner Klp Real Estate Llc $3,500,000
Previous Owner Klp Real Estate Llc $195,000
Previous Owner Klp Real Estate Llc $2,300,000
Previous Owner Klp Real Estate Llc $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $525,000 0.0% $174 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $525,000 -- $174 / 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 $9,421 $574,000 $201,000 $373,000
2022 $9,105 $560,000 $157,000 $403,000
2021 $9,688 $536,000 $121,000 $415,000
2020 $9,792 $593,000 $143,600 $449,400
2019 $8,975 $554,000 $104,300 $449,700
2018 $8,169 $494,500 $104,300 $390,200
2017 $7,731 $412,500 $94,800 $317,700
2016 $6,932 $358,500 $94,800 $263,700
2015 $6,696 $330,000 $94,800 $235,200
2014 -- $300,000 $85,200 $214,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6490419

NorthstarMLS

APN: 04-028-24-13-0119