NOT LISTED FOR SALE

Estimated Value: $189,000 - $229,000

4 Beds
2 Baths
1,288 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 22, 2024

Last sale price $205,000 $159 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,366/month

87 Days on Market

Highlights

  • Deck
  • Coin Laundry
  • 4-minute walk to Perkins Hill Park
  • Forced Air Heating System

About This Home

As of August 2024

Lower unit now VACANT for potential owner occupant! Turnkey duplex with great rental history! These 2 bed 1 bath units feature updated kitchens & baths, new flooring, vinyl windows, and new entry way staircases. Amenities include a big fenced in backyard, shared deck, and an oversized two car garage with plenty of additional off street parking. Tenants are responsible for paying gas/heat. Upper unit is in a lease until 11/30/24 paying $1,000. Plenty of room to raise up to market rate!

Last Agent to Sell the Property

Bradley Szmiot

RE/MAX Results Listed on: 04/29/2024

RE/MAX Results

Last Buyer's Agent

Charlie Campos Donis

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 1918

Lot Details

  • Lot Dimensions are 157 x 46
  • Chain Link Fence

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,288 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Deck
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for electricity, sewer, trash collection
  • Assessor Parcel Number 1002924230044

Community Details

Overview

  • 2 Units
  • Bakers 4Th Add Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,108

Year Built

Built in 1918

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: Coin-op Laundry Owned
  • Year Built: 1918
  • Above Grade Finished Sq Ft: 1288
  • Water Sewer Expenses: 1948
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Unfinished
  • Living Area: 1288
  • Owner Pays: Electricity, Sewer, Trash Collection
  • Basement YN: Yes
  • Number Of Fireplaces: 0
  • Total Rooms: 6
  • Appliances: Range
  • Total Rooms: 5
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: Chain Link
  • Neighborhood: McKinley
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 616
  • Garage Door Height: 7

Utilities

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

Schools

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

Lot Info

  • Lot Size: 157 X 46
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1002924230044
  • Tax Annual Amount: 3108
  • TaxWithAssessments: 3108.0000

Multi Family

  • TenantPays: Gas
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Aug 22, 2024
Sold by
Greenpoint Holdings Llc
Bought by
Ortiz Sanchez Justin
Seller's Agent
Bradley Szmiot
RE/MAX Results
Buyer's Agent
Charlie Campos Donis
Coldwell Banker Realty
List Price
$254,900
Sold Price
$205,000
Premium/Discount to List
-$49,900
-19.58%
Views
19
Current Estimated Value
$212,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,280
Avg. Annual Appreciation
3.19%
Original Mortgage
$197,700
Outstanding Balance
$195,825
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$16,455

Purchase Details

Closed on
Sep 15, 2022
Sold by
Park Greg
Bought by
Greenpoint Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,903,500
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2018
Sold by
Paramount Investment Group Llc
Bought by
Park Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2018
Sold by
Paramount Investment Group Llc
Bought by
Park Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2017
Sold by
U S Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 29, 2017
Sold by
Rangel Mario H and Jimenez Araceli
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 31, 2000
Sold by
Carlson Ronald P
Bought by
Rangel Mario Herrera
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
Ortiz Sanchez Justin $205,000 --
Greenpoint Holdings Llc $3,000 None Listed On Document
Greenpoint Holdings Llc $3,000 West Title
Park Greg -- West Title Llc
Park Greg -- West Title Llc
Paramount Investment Group Llc -- West Title Llc
Park Greg $515 West Title Llc
Federal Home Loan Mortgage Corporation -- None Available
U S Bank National Association $103,112 None Available
Rangel Mario Herrera $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Sanchez Justin $197,700
Previous Owner Greenpoint Holdings Llc $1,903,500
Previous Owner Paramount Investment Group Llc $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $205,000 -2.3% $159 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
06/25/2024 06/25/24 Price Changed $209,900 -2.3% $163 / Sq Ft
05/14/2024 05/14/24 Price Changed $214,900 -15.7% $167 / Sq Ft
04/29/2024 04/29/24 For Sale $254,900 -- $198 / 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
2024 $2,896 $219,000 $21,000 $198,000
2023 $3,152 $197,000 $16,000 $181,000
2022 $3,279 $193,000 $14,000 $179,000
2021 $3,093 $193,000 $10,000 $183,000
2020 $2,564 $174,000 $10,800 $163,200
2019 $2,197 $145,000 $7,200 $137,800
2018 $1,861 $121,000 $7,200 $113,800
2017 $1,771 $94,500 $6,500 $88,000
2016 $1,827 $94,500 $6,500 $88,000
2015 $1,664 $82,000 $6,500 $75,500
2014 -- $78,000 $6,500 $71,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6514314

NorthstarMLS

APN: 10-029-24-23-0044