$425,000
SOLD AUG 30, 2024
4 Beds
2 Baths
2,164 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$196 Per Sq Ft

24 Days on Market

Highlights

  • Multiple Garages
  • Patio
  • 2-minute walk to Corcoran Park
  • 3 Car Attached Garage
  • Property is Fully Fenced

About This Home

As of August 2024

Beautiful Classic 2-story up and down duplex across the street from Corcoran Park. Both units have thesame layout with hardwood floors, dining room built-in buffet cabinets, 2 bedrooms and 1 bathroom, and anicely fenced-in back yard with a shared patio and fountain water feature. Lots of storage in thebasement where the laundry is located. Tuck-Under 2-car garage and detached 1-car garage are not includedin current leases. Each unit has separate Boilers, Water Heaters, and Electric panels, but ownercurrently pays for all utilities (except internet and cable TV). Lease for main floor unit ends August31st, 2024. Lease for upper floor unit ends June 30th, 2024. Huge Value-Add opportunity! 24-hour noticerequired for showings. Come see quick!

Last Agent to Sell the Property

Stephen Howe

Re/Max Advantage Plus

Re/Max Advantage Plus

Last Buyer's Agent

Samantha Chambers

Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,209

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 41x125
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Chain Link Fence

Parking

  • 3 Car Attached Garage
  • Multiple Garages
  • Tuck Under Garage

Home Design

  • Duplex
  • Pitched Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,164 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Patio

Utilities

  • Boiler Heating System
  • Radiant Heating System
  • 100 Amp Service

Community Details

  • 2 Units
  • Mcintyre Bros Cottage Grove Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for electricity, fuel, insurance, grounds care, repairs, taxes, trash collection
  • Assessor Parcel Number 0102824320065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,209

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Patio
  • Year Built: 1926
  • Above Grade Finished Sq Ft: 2164
  • Water Sewer Expenses: 1980
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Full
  • Living Area: 2164
  • Owner Pays: Electricity, Fuel, Insurance, Grounds Care, Repairs, Taxes, Trash Collection
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s)
  • Appliances: Range
  • Total Rooms: 6
  • Amenities: Ceiling Fan(s)
  • Appliances: Range
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years, Architectural Shingle, Asphalt, Pitched
  • Fencing: Chain Link, Full, Privacy, Wood
  • ConstructionMaterialsDesc: Block,Frame
  • Neighborhood: Powderhorn Park
  • PatioPorchType: Awning(s),Patio

Garage/Parking

  • Parking Features: Attached Garage, Detached, Concrete, Multiple Garages, Tuckunder Garage
  • Garage Square Feet: 634

Utilities

  • Heating: Boiler, Radiant
  • 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: 41x125
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco
  • Units Total: 2

Rental Info

  • Expenses: 8172.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0102824320065
  • Tax Annual Amount: 5209
  • TaxWithAssessments: 5475.0000

Multi Family

  • TenantPays: Cable TV
  • ElectricExpense: 1599.66
  • FuelExpense: 2646.67
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Aug 30, 2024
Sold by
Becker Brandon and Becker Jennifer
Bought by
Alexander Wendi
Seller's Agent
Stephen Howe
Re/Max Advantage Plus
Buyer's Agent
Samantha Chambers
Real Broker, LLC
List Price
$425,000
Sold Price
$425,000
Total Days on Market
24
Views
12
Current Estimated Value
$427,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,595
Avg. Annual Appreciation
0.86%
Original Mortgage
$340,000
Outstanding Balance
$337,924
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$89,671

Purchase Details

Listed on
Sep 3, 2013
Closed on
Oct 30, 2013
Sold by
York Shana Dooley
Bought by
Becker Brandon J and Becker Jennifer
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$218,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1998
Sold by
Johnson Mary Kay
Bought by
Pena Benjamin and Dooley Shana Marie

Map

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 Type Sale Price Title Company
Deed $425,000 --
Warranty Deed $225,000 Stewart Title Of Minnesota
Warranty Deed $107,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 New Conventional
Previous Owner $218,250 New Conventional
Previous Owner $197,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $425,000 0.0% $196 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $425,000 +88.9% $196 / Sq Ft
10/31/2013 10/31/13 Sold $225,000 0.0% $104 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
09/03/2013 09/03/13 For Sale $225,000 -- $104 / Sq Ft
Source: NorthstarMLS

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 $5,798 $347,000 $95,000 $252,000
2022 $5,299 $324,000 $84,000 $240,000
2021 $5,078 $312,000 $51,000 $261,000
2020 $5,279 $310,500 $38,400 $272,100
2019 $4,930 $298,500 $25,600 $272,900
2018 $4,328 $271,500 $25,600 $245,900
2017 $2,995 $210,500 $23,300 $187,200
2016 $3,007 $205,500 $23,300 $182,200
2015 $2,669 $178,500 $23,300 $155,200
2014 -- $186,000 $23,300 $162,700
Source: Public Records

Source: NorthstarMLS

MLS Number: 6536462

NorthstarMLS

APN: 01-028-24-32-0065