Seller's Agent in 2023
Justin Scheeler
RE/MAX Results
(612) 805-5997
2 in this area
136 Total Sales
3401 N 2nd St Minneapolis, MN 55412
McKinley NeighborhoodEstimated Value: $284,000 - $286,000
5
Beds
3
Baths
2,792
Sq Ft
$102/Sq Ft
Est. Value
Highlights
- Corner Lot
- Forced Air Heating System
- Coin Laundry
- Patio
About This Home
As of September 2023HIGHEST & BEST DUE 12PM MONDAY. Large affordable cash-flowing triplex on double lot! 3 bdrm unit w/XL kitchen & full bath $1375/mo, & two 1 bdrm units $800/mo, all currently rented. Approx $3K/mo. EXPENSES ARE ESTIMATES. Total finished sf taken from tax records. Unit sf is estimated, not exact. Wood floors, updated vinyl windows & drywall. New forced air furnaces 2009. Seller owns both single family homes to the west at 208 34th Ave N. Open to package deal to include all 3 properties on combined .42 acres. Cool location across the river minutes from NE Mpls craft breweries, bars, art, shops & restaurants! To be conscientious to tenants, OPEN HOUSE TO BE HELD 12-3PM SAT 8/19 so interested parties can tour the property. Lower price reflects TLC needed on soffit & fascia as well as detached garage. Older roof. Seller pays taxes, insurance, trash, H2o & sewer all units, & gas & electric for unit 1 & common areas. Tenants in units 2 & 3 pay electric & gas.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,962
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 121x85x120x75
- Corner Lot
Parking
- 2 Car Garage
Home Design
- Triplex
Interior Spaces
- 2,792 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Outdoor Features
- Patio
Utilities
- Forced Air Heating System
- Cable TV Available
Listing and Financial Details
- The owner pays for insurance, grounds care, repairs, snow removal, taxes, trash collection, water
- Assessor Parcel Number 1002924210018
Community Details
Overview
- 3 Units
- Engmans Addition Subdivision
Amenities
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2023
Closed on
Sep 15, 2023
Sold by
Uliano Properties Inc
Bought by
Mohamed Hamza Ali
Seller's Agent
Justin Scheeler
RE/MAX Results
Buyer's Agent
Linda Vickerman
NFP Real Estate Services
List Price
$250,000
Sold Price
$265,000
Premium/Discount to List
$15,000
6%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,503
Avg. Annual Appreciation
1.83%
Purchase Details
Closed on
Mar 27, 2012
Sold by
Giguere John E and Giguere Marie T
Bought by
Uliano Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 8, 2002
Sold by
Giguere John E
Bought by
Uliano Properties Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mohamed Hamza Ali | $265,000 | Results Title | |
| Uliano Properties Inc | -- | Lti | |
| Uliano Properties Inc | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Uliano Properties Inc | $600,000 | |
| Previous Owner | Uliano Properties Inc | $69,000 | |
| Closed | Uliano Properties Inc | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2023 09/15/23 | Sold | $265,000 | +6.0% | $95 / Sq Ft |
| 08/21/2023 08/21/23 | Pending | -- | -- | -- |
| 08/18/2023 08/18/23 | For Sale | $250,000 | -- | $90 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,071 | $192,000 | $25,000 | $167,000 |
| 2022 | $2,956 | $184,000 | $25,000 | $159,000 |
| 2021 | $2,842 | $174,000 | $25,000 | $149,000 |
| 2020 | $2,845 | $174,000 | $24,000 | $150,000 |
| 2019 | $2,677 | $147,500 | $24,000 | $123,500 |
| 2018 | $3,062 | $134,000 | $24,000 | $110,000 |
| 2017 | $2,642 | $127,000 | $24,000 | $103,000 |
| 2016 | $2,571 | $119,000 | $24,000 | $95,000 |
| 2015 | $2,131 | $105,000 | $24,000 | $81,000 |
| 2014 | -- | $100,000 | $24,000 | $76,000 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Scheeler
-
Linda Vickerman
Buyer's Agent in 2023
Linda Vickerman
NFP Real Estate Services
(763) 913-4661
2 in this area
26 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6419298
APN: 10-029-24-21-0018
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