NOT LISTED FOR SALE

Estimated Value: $331,000 - $457,000

4 Beds
3 Baths
1,490 Sq Ft
$249/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $415,000 $279 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,399/month

21 Days on Market

Highlights

  • Forced Air Heating System
  • Partially Fenced Property
  • Wood Siding
  • Laundry Facilities

About This Home

As of June 2024

Great opportunity with this South Minneapolis duplex as owner occupied with tenant, or as a total income
property with both units empty. Excellent curb appeal. Move in ready duplex with so much light and space.
Updated kitchens in both units, Beautiful refinished hardwood floors & Freshly painted. 1/2 bath in
basement, perfect for 3rd rental unit with the finished room down there. 3rd floor attic space (665
sqft)also ready to be made into large studio space. Separate utilities for each unit, fenced backyard,
one car detached garage, and shared washer and dryer in basement. This is a Must See!

Last Agent to Sell the Property

David Rohlf

Keller Williams Realty Integrity Lakes Listed on: 05/02/2024

Keller Williams Realty Integrity Lakes

Last Buyer's Agent

Nate Lansing

RES Realty

RES Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,220

Year Built

  • Built in 1914

Lot Details

  • Lot Dimensions are 125x50
  • Partially Fenced Property
  • Wood Fence
  • Few Trees

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 0102824320146

Community Details

Overview

  • 2 Units
  • Wilbers 2Nd Add Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,220

Year Built

Built in 1914

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Laundry
  • Year Built: 1914
  • Above Grade Finished Sq Ft: 1400
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Full, Partially Finished
  • Living Area: 1490
  • Below Grade Finished Sq Ft: 90
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher,Electric Water Heater,Range
  • Amenities: Ceiling Fan(s)
  • Appliances: Electric Water Heater,Range

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Partial, Wood
  • ConstructionMaterialsDesc: Block
  • Neighborhood: Corcoran

Garage/Parking

  • Parking Features: Detached, Concrete

Utilities

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

Schools

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

Lot Info

  • Lot Size: 125x50
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0102824320146
  • Tax Annual Amount: 5220
  • TaxWithAssessments: 5544.4400

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Jun 24, 2024
Sold by
Sidebottom Abbey C and Zacher Warren
Bought by
Treml Jeffrey and Treml Dane
Seller's Agent
David Rohlf
Keller Williams Realty Integrity Lakes
Buyer's Agent
Nate Lansing
RES Realty
List Price
$395,000
Sold Price
$415,000
Premium/Discount to List
$20,000
5.06%
Views
13
Current Estimated Value
$370,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,282
Avg. Annual Appreciation
-6.61%
Original Mortgage
$311,250
Outstanding Balance
$307,278
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$63,440

Purchase Details

Closed on
Jul 27, 1999
Sold by
Voldness Norman C
Bought by
Sidebottom Abbey C
Source: Public Records
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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
Treml Jeffrey $415,000 Absolute Title
Sidebottom Abbey C $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Treml Jeffrey $311,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $415,000 +5.1% $279 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $395,000 0.0% $265 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $395,000 -- $265 / 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
2024 $5,872 $323,000 $112,000 $211,000
2023 $5,544 $327,000 $103,000 $224,000
2022 $5,283 $324,000 $91,000 $233,000
2021 $4,539 $311,000 $57,000 $254,000
2020 $4,678 $277,500 $48,300 $229,200
2019 $4,367 $264,500 $32,200 $232,300
2018 $3,834 $240,500 $32,200 $208,300
2017 $3,598 $192,000 $29,300 $162,700
2016 $3,601 $186,500 $29,300 $157,200
2015 $3,279 $162,000 $29,300 $132,700
2014 -- $172,500 $29,300 $143,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6520050

NorthstarMLS

APN: 01-028-24-32-0146

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