NOT LISTED FOR SALE

Estimated Value: $536,000 - $722,000

5 Beds
3 Baths
2,673 Sq Ft
$244/Sq Ft Est. Value

Last Sold December 31, 2014

Last sale price $397,900 $149 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,218/month

60 Days on Market

Highlights

  • Property is near public transit
  • Community Deck or Porch
  • Wood Siding
  • 3 Car Detached Garage

About This Home

As of December 2014

Very nice condition up & down duplex. Superb Uptown location, steps to lakes and heart of Uptown in ECCO neighborhood. Main floor unit has great kitchen and finished lower level. Upper unit is open and airy. Two decks. Each unit has in-unit laundry.

Last Agent to Sell the Property

Brigg Backer

Coldwell Banker Burnet Listed on: 10/03/2014

Last Buyer's Agent

Ben Ganje

Lakes Sotheby's International

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,186

Year Built

  • Built in 1905

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x128
  • Few Trees

Parking

  • 3 Car Detached Garage

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,673 Sq Ft Home
  • Finished Basement
  • Basement Window Egress

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Additional Features

  • Property is near public transit
  • Window Unit Cooling System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,186

Year Built

Built in 1905

Lot Details

0

Parking

3

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 12/31/2014
  • Taxes With Assessments: 9186
  • Estimated Number of Acres: 0.14
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Egress Windows, Finished
  • Finished Above Grade Sq Ft: 2188
  • Total Fin Square Footage: 2673
  • Below Grade Finished Sq Ft: 485

Exterior Features

  • Frontage Road: City
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 3

Condo/Co-op/Association

  • Shared: Deck

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 50x128

Rental Info

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

Building Info

  • Year Built: 1905

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2014
  • Tax Value: 9186

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2018
Sold by
3329 Irving Avenue S Llc
Bought by
Blum Zachary Donald and Blum Melissa Lynne
Total Days on Market
60
Current Estimated Value
$652,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2014
Closed on
Dec 31, 2014
Sold by
Jepsen William E
Bought by
929 Portland Avenue South 2601 Llc
Seller's Agent
Brigg Backer
Coldwell Banker Burnet
Buyer's Agent
Ben Ganje
Lakes Sotheby's International
List Price
$465,000
Sold Price
$397,900
Premium/Discount to List
-$67,100
-14.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$306,500
Interest Rate
3.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 2005
Sold by
Peck Jeffrey A
Bought by
Jepsen William E

Purchase Details

Closed on
Jul 31, 1997
Sold by
Chorn Erwin
Bought by
Peck Jeff and Mcgushin Peck Kelli
Source: Public Records

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Range of Values:

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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
Blum Zachary Donald $600,000 North American Title Co
929 Portland Avenue South 2601 Llc $397,900 Watermark Title Agency Llc
Jepsen William E $450,000 --
Peck Jeff $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blum Zachary Donald $537,500
Closed Blum Zachary Donald $540,000
Closed Blum Zachary D $544,000
Previous Owner Blum Zachary Donald $570,000
Previous Owner 929 Portland Avenue South 2601 Llc $20,000
Previous Owner 929 Portland Avenue South 2601 Llc $306,500
Previous Owner Jepsen William E $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2014 12/31/14 Sold $397,900 -14.4% $149 / Sq Ft
12/02/2014 12/02/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $465,000 -- $174 / 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 $9,052 $659,000 $300,000 $359,000
2022 $11,193 $659,000 $290,000 $369,000
2021 $9,149 $659,000 $304,000 $355,000
2020 $9,418 $650,000 $321,900 $328,100
2019 $8,722 $622,500 $214,900 $407,600
2018 $9,399 $569,000 $191,100 $377,900
2017 $9,701 $512,500 $173,700 $338,800
2016 $9,423 $488,000 $173,700 $314,300
2015 $9,972 $463,000 $173,700 $289,300
2014 -- $422,000 $167,100 $254,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4680972

REALTOR® Association of Southern Minnesota

APN: 04-028-24-24-0194