NOT LISTED FOR SALE

Estimated Value: $405,000 - $454,000

3 Beds
3 Baths
2,788 Sq Ft
$153/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $505,000 $181 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $2,756/month

10 Days on Market

Highlights

  • Sauna
  • Deck
  • Forced Air Heating System
  • Washburn High School Rated A-

About This Home

As of November 2023

Phenomenal owner occupied duplex. It lives like a single family home, BUT with the added ability to rent the garden level 1 BR apartment (with private entrance) as an Air B&B, or for long term tenancy. Pride of ownership shows from top-to-bottom, and inside-and-out. Originally built in 1904, this home still features many beautiful vintage woodwork details & fixtures. Over the years, the current owner upgraded the exterior (structure, roof, windows/doors, insulation & siding), along with the interior including: a spectacular two-story atrium, marble floors on main, a top-notch TreHus kitchen remodel, apartment remodel, heating and cooling for both units, electrical, sauna, and so much more. There is detached two car garage. The backyard is a secure oasis featuring wonderful landscaping and a large deck for entertaining, This is a must see property.

Last Agent to Sell the Property

Brian Severts

Edina Realty, Inc. Listed on: 09/06/2023

Edina Realty, Inc.

Last Buyer's Agent

Erin Zosel

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,319

Year Built

  • Built in 1904

Lot Details

  • Lot Dimensions are 40x118
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Flat Roof Shape
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • Sauna
  • Basement
  • Stone or Rock in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Boiler Heating System
  • Cable TV Available

Community Details

  • 2 Units
  • Nichols & Saegers Add Subdivision

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 0202824230148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,319

Year Built

Built in 1904

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
  • Association Amenities: Laundry, Other, Sauna
  • Year Built: 1904
  • Above Grade Finished Sq Ft: 2132
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Stone/Rock
  • Living Area: 2788
  • Below Grade Finished Sq Ft: 656
  • Owner Pays: Water
  • Basement YN: Yes
  • Amenities: Deck,Sauna,Tile Floors,Walk-Up Attic
  • Appliances: Dishwasher,Dryer,Gas Water Heater,Microwave,Range,Stainless Steel Appliances
  • FamilyRoomRoomFeatures: Family Room,Loft
  • Number Of Fireplaces: 1
  • Total Rooms: 12
  • Amenities: Sauna,Tile Floors
  • Appliances: Dishwasher,Microwave,Range
  • Total Rooms: 5
  • Shared Rooms: Other
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Flat, Rubber
  • Fencing: Chain Link
  • ConstructionMaterialsDesc: Frame
  • Neighborhood: Central
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached, Garage Door Opener
  • Garage Square Feet: 342
  • Other Parking Spaces: 0

Utilities

  • Heating: Boiler, Ductless Mini-Split, Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric,Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Topography: Level
  • Lot Size: 40x118
  • 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: Cedar, Fiber Cement, Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0202824230148
  • Tax Annual Amount: 4319
  • TaxWithAssessments: 4319.0000

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 24, 2023
Sold by
Hustad John C
Bought by
Ross Ryan and Partyka Shawn
Seller's Agent
Brian Severts
Edina Realty, Inc.
Buyer's Agent
Erin Zosel
Compass
List Price
$495,000
Sold Price
$505,000
Premium/Discount to List
$10,000
2.02%
Views
218
Current Estimated Value
$426,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,334
Avg. Annual Appreciation
-9.20%
Original Mortgage
$411,070
Outstanding Balance
$403,994
Interest Rate
7.31%
Mortgage Type
FHA
Estimated Equity
$22,975
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
Ross Ryan $505,000 Edina Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Ryan Tyler $137,260
Open Ross Ryan $411,070
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold $505,000 +2.0% $181 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $495,000 -- $178 / 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 $4,801 $372,000 $51,000 $321,000
2022 $3,939 $335,000 $51,000 $284,000
2021 $4,026 $294,000 $26,000 $268,000
2020 $3,806 $309,000 $23,600 $285,400
2019 $3,520 $273,500 $15,700 $257,800
2018 $3,010 $248,500 $15,700 $232,800
2017 $3,087 $216,000 $14,300 $201,700
2016 $3,383 $227,500 $14,300 $213,200
2015 $2,984 $196,000 $14,300 $181,700
2014 -- $184,500 $14,300 $170,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6426097

NorthstarMLS

APN: 02-028-24-23-0148