NOT LISTED FOR SALE

Estimated Value: $234,000 - $461,000

8 Beds
2 Baths
2,211 Sq Ft
$158/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $440,000 $199 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $2,059/month

5 Days on Market

About This Home

As of April 2024

Newly renovated duplex in the serene Powderhorn neighborhood, mere minutes from downtown and major highways. Featuring two 4-bedroom units and a detached garage, both units showcase significant updates, such as a brand-new kitchen with granite countertops, windows, roof, and a modern boiler. This turnkey property is ideal for new investors or owner-occupants looking for a beautifully refreshed home.

Last Agent to Sell the Property

Wilson Zhina Carpio

National Realty Guild Listed on: 02/28/2024

National Realty Guild

Last Buyer's Agent

Yareli Mendez Martinez

National Realty Guild

National Realty Guild

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,614

Year Built

  • Built in 1892

Lot Details

  • 5,663

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,211 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 45x123
  • Boiler Heating System

Community Details

  • 2 Units
  • Monroe Bros Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, fuel
  • The owner pays for insurance, grounds care, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 0202824410135

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,614

Year Built

Built in 1892

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: Laundry
  • Year Built: 1892
  • Above Grade Finished Sq Ft: 2211
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Living Area: 2211
  • Owner Pays: Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Appliances: Range
  • Total Rooms: 9
  • Total Rooms: 7

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Rolled/Hot Mop
  • Neighborhood: Powderhorn Park

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 333

Utilities

  • Heating: Boiler
  • 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: 45x123
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco, Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0202824410135
  • TaxWithAssessments: 0.0000

Multi Family

  • TenantPays: Electricity, Fuel
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Apr 12, 2024
Sold by
Zhina Tenesaca Wilson
Bought by
Quizhpi Pinguil Luis and Chimborazo-Pichizaca Maria
Seller's Agent
Wilson Zhina Carpio
National Realty Guild
Buyer's Agent
Yareli Mendez Martinez
National Realty Guild
List Price
$389,000
Sold Price
$440,000
Premium/Discount to List
$51,000
13.11%
Views
22
Current Estimated Value
$348,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$91,725
Avg. Annual Appreciation
-14.26%
Original Mortgage
$394,000
Outstanding Balance
$388,180
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
-$39,905

Purchase Details

Listed on
Feb 28, 2024
Closed on
Apr 8, 2024
Sold by
Tenesaca Wilson Enrique Zhina
Bought by
Pinguil Luis A Quizhpi and Chimborazo-Pichizaca Maria Luz
Seller's Agent
Wilson Zhina Carpio
National Realty Guild
Buyer's Agent
Yareli Mendez Martinez
National Realty Guild
List Price
$389,000
Sold Price
$440,000
Premium/Discount to List
$51,000
13.11%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,000
Outstanding Balance
$388,180
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
-$39,905

Purchase Details

Listed on
Oct 2, 2022
Closed on
Nov 23, 2022
Sold by
Mason Breonna Terri and Mason Carol
Bought by
Tenesaca Wilson Enrique Zhin
Seller's Agent
Scott Haubrich
BuyRentSell.com, LLC
Buyer's Agent
Wilson Zhina Carpio
National Realty Guild
List Price
$250,000
Sold Price
$170,000
Premium/Discount to List
-$80,000
-32%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.20%

Purchase Details

Closed on
Oct 9, 1997
Sold by
Forbush Mari E and Mayberg Jeremy P
Bought by
Mason Gregory P and Mason Carol
Source: Public Records

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
Quizhpi Pinguil Luis $440,000 --
Pinguil Luis A Quizhpi $440,000 Executive Title Services
Tenesaca Wilson Enrique Zhin $578 --
Mason Gregory P $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quizhpi Pinguil Luis $394,000
Closed Pinguil Luis A Quizhpi $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2024 04/12/24 Sold $440,000 +13.1% $199 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $389,000 +128.8% $176 / Sq Ft
11/29/2022 11/29/22 Sold $170,000 -10.5% $77 / Sq Ft View Prior Sale
10/27/2022 10/27/22 Pending -- -- --
10/24/2022 10/24/22 Price Changed $189,999 -5.0% $86 / Sq Ft
10/21/2022 10/21/22 Price Changed $199,999 -4.8% $90 / Sq Ft
10/17/2022 10/17/22 Price Changed $209,999 -6.7% $95 / Sq Ft
10/11/2022 10/11/22 Price Changed $224,999 -10.0% $102 / Sq Ft
10/02/2022 10/02/22 For Sale $250,000 -- $113 / 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
2024 $2,614 $202,000 $97,000 $105,000
2023 $2,407 $202,000 $88,000 $114,000
2022 $2,582 $231,000 $88,000 $143,000
2021 $2,118 $195,000 $63,000 $132,000
2020 $2,296 $177,000 $43,800 $133,200
2019 $2,112 $177,000 $29,200 $147,800
2018 $1,778 $161,000 $29,200 $131,800
2017 $1,826 $140,000 $26,500 $113,500
2016 $2,819 $194,500 $26,500 $168,000
2015 $2,500 $169,000 $26,500 $142,500
2014 -- $157,000 $26,500 $130,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6488660

NorthstarMLS

APN: 02-028-24-41-0135