NOT LISTED FOR SALE

Estimated Value: $369,000 - $429,000

4 Beds
2 Baths
1,940 Sq Ft
$205/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $353,000 $182 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,472/month

Highlights

  • Parking Storage or Cabinetry
  • Coin Laundry
  • 2-minute walk to Corcoran Park
  • Forced Air Heating System
  • Property is Fully Fenced

About This Home

As of July 2022

Turn-key Duplex! Opportunity for immediate owner occupancy or full rental! Newer furnace/AC (lower unit), ductless mini-splits (upper unit), many newer windows, slider, deck, full chain link fencing. Solar panels reduce electric bill to almost no annual expense! Vinyl siding, roof 2007. Deck-2019, 2018-built 3-car garage (extra income generator?) with locked workshop/storage room, one extra off-street parking spot. Coin washer/dryer in shared basement level. Awesome location on quiet street in desirable neighborhood close to light rail, convenient to downtown and the airport! It's not often that you find an investment property with this many improvements! Schedule a showing today!

Last Listed By

Kimberly Black

RE/MAX Results Listed on: 05/27/2022

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,622

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 63x125
  • Property is Fully Fenced
  • Chain Link Fence
  • Few Trees

Parking

  • 3 Car Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Duplex

Interior Spaces

  • 1,940 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for electricity, fuel, insurance, janitorial service, grounds care, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 0102824320103

Community Details

Overview

  • 2 Units
  • Wilbers 2Nd Add Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,622

Year Built

Built in 1900

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: Coin-op Laundry Owned
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1940
  • Water Sewer Expenses: 2515
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 1940
  • Fireplace: No
  • Owner Pays: Electricity, Fuel, Insurance, Janitorial Service, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Deck
  • Appliances: Microwave,Range
  • Total Rooms: 5
  • Appliances: Microwave,Range
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Chain Link, Full
  • Neighborhood: Corcoran

Garage/Parking

  • Parking Features: Detached, Gravel, Garage Door Opener, Storage
  • Garage Square Feet: 1

Utilities

  • Heating: Ductless Mini-Split, Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Electric,Natural Gas,Solar
  • Number of Ranges: Two

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 63x125
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 1.0000

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 0102824320103
  • Tax Annual Amount: 2622
  • TaxWithAssessments: 4088.0000

Multi Family

  • TenantPays: Cable TV
  • ElectricExpense: 218
  • FuelExpense: 1010
  • Resident Manager Expense: 1
  • Number Of Refrigerators: One

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Jul 11, 2022
Sold by
Monson Jonathan
Bought by
Callahan Dylan
Seller's Agent
Kimberly Black
RE/MAX Results
Buyer's Agent
Meghan Rossiter
Coldwell Banker Realty
List Price
$349,000
Sold Price
$353,000
Premium/Discount to List
$4,000
1.15%
Total Days on Market
0
Current Estimated Value
$397,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,578
Avg. Annual Appreciation
4.28%
Original Mortgage
$335,831
Outstanding Balance
$321,830
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$75,748

Purchase Details

Listed on
May 27, 2022
Closed on
Jun 30, 2022
Sold by
Monson Jonathan
Bought by
Callahan Dylan
Seller's Agent
Kimberly Black
RE/MAX Results
Buyer's Agent
Meghan Rossiter
Coldwell Banker Realty
List Price
$349,000
Sold Price
$353,000
Premium/Discount to List
$4,000
1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,831
Outstanding Balance
$321,830
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$75,748

Purchase Details

Closed on
Mar 25, 2013
Sold by
Dee Properties Llc
Bought by
Olson Troy and Mellgren William

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
Callahan Dylan $353,000 --
Callahan Dylan $353,000 Burnet Title
Olson Troy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callahan Dylan $335,831
Previous Owner Callahan Dylan $346,606
Previous Owner Monson Jonathan $50,000
Previous Owner Monson Jonathan $269,000
Previous Owner Olson Troy $157,189
Previous Owner Olson Troy $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $353,000 +1.1% $182 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $349,000 +24.6% $180 / Sq Ft
07/24/2018 07/24/18 Sold $280,000 -3.4% $145 / Sq Ft
06/03/2018 06/03/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $289,900 -- $150 / 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 $3,214 $346,000 $109,000 $237,000
2022 $3,087 $157,000 $47,000 $110,000
2021 $2,622 $140,000 $30,500 $109,500
2020 $3,439 $250,000 $86,000 $164,000
2019 $2,393 $250,000 $57,400 $192,600
2018 $3,045 $178,500 $30,900 $147,600
2017 $2,810 $139,000 $28,100 $110,900
2016 $2,719 $130,000 $28,100 $101,900
2015 $2,501 $113,000 $28,100 $84,900
2014 -- $108,500 $28,100 $80,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6191707

NorthstarMLS

APN: 01-028-24-32-0103