NOT LISTED FOR SALE

Estimated Value: $513,000 - $590,000

4 Beds
3 Baths
2,014 Sq Ft
$280/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $550,000 $273 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,680/month

About This Home

As of October 2022

Great opportunity to own a side-by-side duplex within walking distance of lake Bde Maka Ska. Unit number one is two levels and includes three bedrooms, two baths, a formal dining room, and main floor laundry. Unit number two is one bedroom and one bath with an eat-in kitchen. Hardwood floors, high ceilings, updated kitchens, and nice-sized bathrooms in both units. Spend your evenings on the spacious rear deck or quaint front porch. Detached, two car garage plus additional off-street parking space. Enjoy the entire building yourself or rent one side for extra income.

Last Agent to Sell the Property

Stephanie Gruver

RE/MAX Results Listed on: 09/30/2022

RE/MAX Results

Co-Listed By

John Newhall

Results Support Services, Inc

Last Buyer's Agent

Phillip Holm

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,873

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 40x130
  • Partially Fenced Property
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Pitched Roof

Interior Spaces

  • 2,014 Sq Ft Home
  • 1.5-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Hot Water Heating System
  • Boiler Heating System
  • 100 Amp Service

Community Details

  • 2 Units
  • Mccrorys Rgt Blks 48 49 Calhou Subdivision

Listing and Financial Details

  • The owner pays for fuel, insurance, grounds care, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 0402824240212

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,873

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1901
  • Above Grade Finished Sq Ft: 2014
  • Water Sewer Expenses: 1498
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Living Area: 2014
  • Fireplace: No
  • Owner Pays: Fuel, Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Deck,Porch
  • Appliances: Dishwasher,Dryer,Range
  • Total Rooms: 9
  • Total Rooms: 4
  • Shared Rooms: Other

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt, Pitched
  • Fencing: Partial
  • Neighborhood: ECCO

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 420
  • Garage Door Height: 7

Utilities

  • Heating: Boiler, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • 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: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0402824240212
  • Tax Annual Amount: 6873
  • TaxWithAssessments: 6873.0000

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Oct 17, 2022
Sold by
Norma J Schlemmer Trust
Bought by
Elliott Meghan M and Eldred David M
Seller's Agent
Stephanie Gruver
RE/MAX Results
Buyer's Agent
Phillip Holm
Edina Realty, Inc.
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Total Days on Market
0
Current Estimated Value
$562,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,934
Avg. Annual Appreciation
0.91%
Original Mortgage
$385,000
Outstanding Balance
$374,912
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$188,022

Purchase Details

Closed on
Oct 5, 2011
Sold by
Schlemmer Norma J
Bought by
Norma J Schlemmer Trust
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
Elliott Meghan M $550,000 --
Norma J Schlemmer Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Meghan M $385,000
Previous Owner Schlemmer Norma J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $550,000 -4.3% $273 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $575,000 -- $286 / 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 $8,318 $521,000 $304,000 $217,000
2022 $6,873 $521,000 $293,000 $228,000
2021 $6,039 $496,000 $308,000 $188,000
2020 $6,229 $451,000 $251,900 $199,100
2019 $6,104 $429,500 $167,900 $261,600
2018 $5,483 $409,000 $167,900 $241,100
2017 $5,618 $368,500 $152,600 $215,900
2016 $5,498 $351,000 $152,600 $198,400
2015 $5,398 $330,500 $152,600 $177,900
2014 -- $311,000 $152,600 $158,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6254211

NorthstarMLS

APN: 04-028-24-24-0212