Seller's Agent in 2022
John Wesner
LGI Realty-Minnesota, LLC
(715) 441-2300
1 in this area
23 Total Sales
3512 Nicollet Ave Minneapolis, MN 55408
Lyndale NeighborhoodEstimated Value: $302,000 - $370,653
4
Beds
2
Baths
1,768
Sq Ft
$195/Sq Ft
Est. Value
Highlights
- Porch
- Washburn High School Rated A-
- Hot Water Heating System
About This Home
As of December 2022Fantastic up down South Minneapolis duplex located in an ideal location close to restaurants, bars, parks, entertainment, shopping, lakes, etc. Everything Lyndale has to offer! This duplex is ideal for an investor or first time homebuyer looking to owner occupy and/or add value. This duplex boasts original woodwork and 2 bedrooms in each unit with an attic space to add a 3rd room. Comes with an enormous 2 car garage and room for parking. With room for expansion and opportunity to increase rental income.. this duplex is a MUST SEE.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,830
Year Built
- Built in 1912
Lot Details
- 7,405
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,768 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Hot Water Heating System
- Boiler Heating System
Additional Features
- Porch
- Lot Dimensions are 40x170
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electricity, fuel
- The owner pays for insurance, janitorial service, grounds care, repairs, snow removal, taxes, trash collection, water
- Assessor Parcel Number 0302824310168
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2022
Closed on
Dec 30, 2022
Sold by
Schmid Stephen A and Schmid Catherine
Bought by
Ranch 42 Llc
Seller's Agent
John Wesner
LGI Realty-Minnesota, LLC
Buyer's Agent
Chris Carrow
Coldwell Banker Realty
List Price
$399,900
Sold Price
$305,000
Premium/Discount to List
-$94,900
-23.73%
Views
6
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
$39,163
Avg. Annual Appreciation
4.49%
Original Mortgage
$228,750
Outstanding Balance
$115,976
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$228,187
Purchase Details
Closed on
Apr 30, 2003
Sold by
Bach Dale R
Bought by
Schmid Stephen A
Purchase Details
Closed on
Jan 29, 1999
Sold by
Johnson Leslie J
Bought by
Bach Dale R
Purchase Details
Closed on
Dec 19, 1996
Sold by
Hammersten Mark E
Bought by
Johnson Leslie J
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 |
|---|---|---|---|
| Ranch 42 Llc | $305,000 | -- | |
| Schmid Stephen A | $255,000 | -- | |
| Bach Dale R | $88,500 | -- | |
| Johnson Leslie J | $61,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ranch 42 Llc | $228,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2022 12/30/22 | Sold | $305,000 | 0.0% | $173 / Sq Ft |
| 10/19/2022 10/19/22 | Pending | -- | -- | -- |
| 09/28/2022 09/28/22 | Off Market | $305,000 | -- | -- |
| 09/01/2022 09/01/22 | Price Changed | $374,900 | -6.3% | $212 / Sq Ft |
| 08/12/2022 08/12/22 | For Sale | $399,900 | -- | $226 / 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 |
|---|---|---|---|---|
| 2024 | $5,799 | $318,000 | $98,000 | $220,000 |
| 2023 | $5,982 | $374,000 | $98,000 | $276,000 |
| 2022 | $5,830 | $356,000 | $93,000 | $263,000 |
| 2021 | $5,145 | $324,000 | $54,000 | $270,000 |
| 2020 | $5,346 | $294,500 | $63,900 | $230,600 |
| 2019 | $5,489 | $283,000 | $42,600 | $240,400 |
| 2018 | $4,871 | $283,000 | $42,600 | $240,400 |
| 2017 | $4,605 | $226,000 | $42,600 | $183,400 |
| 2016 | $4,748 | $226,000 | $42,600 | $183,400 |
| 2015 | $4,374 | $196,500 | $42,600 | $153,900 |
| 2014 | -- | $177,000 | $32,800 | $144,200 |
Source: Public Records
Agents Affiliated with this Home
-
John Wesner
-
Chris Carrow
Buyer's Agent in 2022
Chris Carrow
Coldwell Banker Burnet
(612) 802-5592
1 in this area
88 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6236253
APN: 03-028-24-31-0168
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