NOT LISTED FOR SALE

Estimated Value: $443,653 - $520,000

3 Beds
3 Baths
2,110 Sq Ft
$224/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $425,000 $201 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,119/month

35 Days on Market

About This Home

As of March 2023

This turnkey up/down duplex is a perfect for owner occupant or investment property! The main level one bedroom unit is full of old world charm with today's conveniences including an updated kitchen. The very unique upper unit is a 2-level. Its updated with a bedroom, living room,bathroom, kitchen and sunroom. Above is an owner's suite with a large bedroom, closets and bathroom. Don't miss out on this fantastic location with walking distance to shops, parks, and city lakes! A two car garage with an extra parking space has alley access.

Last Listed By

Susan Durfee

Lakes Area Realty Listed on: 01/11/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,947

Year Built

  • Built in 1906

Lot Details

  • Lot Dimensions are 42x128

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,110 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Boiler Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for fuel, insurance, grounds care, repairs, snow removal, trash collection, water
  • Assessor Parcel Number 0402824410018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,947

Year Built

Built in 1906

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: Common Laundry
  • Year Built: 1906
  • Above Grade Finished Sq Ft: 2110
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Living Area: 2110
  • Owner Pays: Fuel, Insurance, Grounds Care, Repairs, Snow Removal, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Main Floor Primary Bedroom
  • Appliances: Dishwasher,Range
  • Total Rooms: 4
  • Appliances: Dishwasher,Microwave,Range
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Neighborhood: South Uptown

Garage/Parking

  • Parking Features: None
  • Garage Square Feet: 495

Utilities

  • Heating: Boiler, 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: 42X128
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0402824410018
  • Tax Annual Amount: 5947
  • TaxWithAssessments: 5947.0000

Multi Family

  • TenantPays: Cable TV, Electricity
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Mar 27, 2023
Sold by
Kelley Michael G
Bought by
Ormberg Colleen and Hite Harrison
Seller's Agent
Susan Durfee
Lakes Area Realty
Buyer's Agent
Karen Beese
Lakes Area Realty
List Price
$498,000
Sold Price
$425,000
Premium/Discount to List
-$73,000
-14.66%
Total Days on Market
35
Views
66
Current Estimated Value
$472,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,663
Avg. Annual Appreciation
5.07%
Original Mortgage
$340,000
Outstanding Balance
$332,145
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$140,518

Purchase Details

Closed on
Nov 17, 2000
Sold by
Austhof Bret Aaron
Bought by
Kelley Michael G

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
Ormberg Colleen $425,000 Titlesmart
Kelley Michael G $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ormberg Colleen $340,000
Previous Owner Kelley Michael G $42,000
Previous Owner Kelley Michael G $188,599
Previous Owner Kelley Michael G $50,000
Previous Owner Kelley Michael G $400,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $425,000 -5.6% $201 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
02/06/2023 02/06/23 Price Changed $450,000 -5.3% $213 / Sq Ft
01/24/2023 01/24/23 Price Changed $475,000 -4.6% $225 / Sq Ft
01/19/2023 01/19/23 For Sale $498,000 +17.2% $236 / Sq Ft
01/13/2023 01/13/23 Off Market $425,000 -- --
01/11/2023 01/11/23 For Sale $498,000 -- $236 / 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 $5,693 $437,000 $188,000 $249,000
2022 $5,931 $431,000 $143,000 $288,000
2021 $5,698 $428,000 $126,000 $302,000
2020 $5,691 $425,500 $145,500 $280,000
2019 $5,185 $394,000 $97,600 $296,400
2018 $4,648 $352,000 $97,600 $254,400
2017 $4,514 $302,000 $88,700 $213,300
2016 $4,350 $284,000 $88,700 $195,300
2015 $4,402 $275,000 $88,700 $186,300
2014 -- $251,500 $83,000 $168,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6322975

NorthstarMLS

APN: 04-028-24-41-0018