NOT LISTED FOR SALE

Estimated Value: $258,000 - $379,000

5 Beds
2 Baths
2,863 Sq Ft
$104/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $249,900 $87 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,911/month

5 Days on Market

About This Home

As of May 2023

Property Id: 1615903

Located just 5 minutes from downtown Minneapolis, this beautifully renovated 2,000 sq ft duplex offers the perfect blend of comfort and convenience. With 4 spacious bedrooms and 2 modern bathrooms, this unit has been completely updated to fit your lifestyle needs.

The home features a brand-new kitchen with stainless steel appliances, hardwood floors throughout, and stylishly redone bathrooms. Enjoy the fresh air with a private yard, perfect for pets and relaxation. You'll also have easy access to nearby walking trails and parks, ideal for outdoor enthusiasts.

Water and trash are included in the rent of $2,300 per month. A deposit is required. Don't miss out on this rare find—schedule your tour today!

Last Agent to Sell the Property

Bryan Cox

True Neighbor Realty Listed on: 04/21/2023

Last Buyer's Agent

Susan Snyder

Lakes Sotheby's International

Lakes Sotheby's International

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,172

Year Built

  • Built in 1916

Lot Details

  • Lot Dimensions are 45 x 127
  • Wood Fence

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,863 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Boiler Heating System

Community Details

  • 2 Units
  • Silver Lake Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0902924130048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,172

Year Built

Built in 1916

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: 1916
  • Above Grade Finished Sq Ft: 2863
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 2863
  • Basement YN: Yes
  • Appliances: Dryer,Range
  • Total Rooms: 5
  • Appliances: Dishwasher,Dryer,Range
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Architecural Shingle
  • Fencing: Wood
  • Neighborhood: Folwell

Garage/Parking

  • Garage Square Feet: 345

Utilities

  • Heating: Boiler
  • 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: 45 X 127
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • 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: 0902924130048
  • Tax Annual Amount: 3172
  • TaxWithAssessments: 3172.0000

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
May 23, 2023
Sold by
True Neighbor Investments Llc
Bought by
Merritt Latrice
Seller's Agent
Bryan Cox
True Neighbor Realty
Buyer's Agent
Susan Snyder
Lakes Sotheby's International
List Price
$249,900
Sold Price
$249,900
Views
54
Current Estimated Value
$297,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,869
Avg. Annual Appreciation
2.70%
Original Mortgage
$199,920
Outstanding Balance
$195,535
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$69,161

Purchase Details

Listed on
Apr 21, 2023
Closed on
Mar 31, 2023
Sold by
Flagg James T
Bought by
True Neighbor Investments Llc
Seller's Agent
Bryan Cox
True Neighbor Realty
Buyer's Agent
Susan Snyder
Lakes Sotheby's International
List Price
$249,900
Sold Price
$249,900
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,920
Outstanding Balance
$195,535
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$69,161

Purchase Details

Closed on
Aug 1, 2016
Sold by
Keomaniphone Veomany Veomany
Bought by
Flagg James James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,546
Interest Rate
3.48%

Purchase Details

Closed on
Aug 26, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Not Provided

Purchase Details

Closed on
Feb 7, 2003
Sold by
Wise Bey Belinda
Bought by
Arrington James

Purchase Details

Closed on
Apr 3, 2002
Sold by
Goldenstein Paulene E
Bought by
Potts Melvin and Potts Vassie

Purchase Details

Closed on
Dec 13, 2001
Sold by
Cox Charles E and Cox Tyrize Chanel
Bought by
Wise Bey Belinda

Purchase Details

Closed on
Jul 10, 2000
Sold by
Neal Latoya
Bought by
Cox Charles E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Merritt Latrice $249,900 --
True Neighbor Investments Llc $182,000 Gibraltar Title
Flagg James James $129,900 --
Not Provided $17,000 --
Arrington James $205,000 --
Potts Melvin $79,000 --
Wise Bey Belinda $177,000 --
Cox Charles E $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merritt Latrice $199,920
Previous Owner True Neighbor Investments Llc $168,832
Previous Owner Flagg James T $161,435
Previous Owner Flagg James T $165,191
Previous Owner Flagg James James $127,546
Previous Owner Keomaniphone Veomany $87,301
Previous Owner Keomaniphone Veomany $54,425
Closed Cox Charles E --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Off Market $2,300 -- --
01/23/2025 01/23/25 For Rent -- -- --
10/15/2024 10/15/24 For Rent $2,300 0.0% --
10/08/2024 10/08/24 Off Market $2,300 -- --
05/23/2023 05/23/23 Sold $249,900 0.0% $87 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $249,900 -- $87 / 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 $3,146 $254,000 $16,000 $238,000
2022 $3,071 $254,000 $13,000 $241,000
2021 $2,643 $236,000 $10,000 $226,000
2020 $2,358 $213,500 $8,900 $204,600
2019 $1,950 $181,000 $5,900 $175,100
2018 $1,566 $151,000 $5,900 $145,100
2017 $1,353 $111,500 $5,400 $106,100
2016 $1,657 $117,500 $5,400 $112,100
2015 $1,299 $102,000 $5,400 $96,600
2014 -- $92,500 $7,700 $84,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6357304

NorthstarMLS

APN: 09-029-24-13-0048