NOT LISTED FOR SALE

Estimated Value: $381,000 - $487,000

4 Beds
2 Baths
1,835 Sq Ft
$235/Sq Ft Est. Value

Last Sold May 01, 2014

Last sale price $215,000 $117 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,921/month

20 Days on Market

Highlights

  • Property is near public transit
  • Fenced Yard
  • Woodwork
  • Wood Flooring
  • 2 Car Detached Garage
  • 5-minute walk to Longfellow Park

About This Home

As of May 2014

Main level offers open floor plan with 3 bedrooms + office & Sunroom. Maple floors, new vinyl siding & roof. Walk to light rail station or Longfellow Park. Abundant Natural light in both units. Great opportunity to add value with cosmetic changes.l

Last Agent to Sell the Property

Jason Reed

RE/MAX Results Listed on: 02/25/2014

Last Buyer's Agent

Barbara Dagnon

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,481

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x127
  • Fenced Yard
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Asphalt Shingled Roof

Interior Spaces

  • 1,835 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Property is near public transit
  • Gravity Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for maint/repair, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,481

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 04/30/2014
  • Taxes With Assessments: 2481
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1835
  • Total Fin Square Footage: 1835

Exterior Features

  • Roof: Asphalt Shingles
  • Exterior Amenities: Fenced Yard - Full

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Gravity

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 40x127

Rental Info

  • Owner Expense: Maint/Repair, Trash, Water/Sewer
  • Tenant Expense: Electric, Fuel

Building Info

  • Year Built: 1925

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 1

Tax Info

  • Year: 2013
  • Tax Value: 2481

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Potter and Zachary
Bought by
Potter Jennifer and Potter Zachary
Current Estimated Value
$431,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$233,972
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$197,573

Purchase Details

Listed on
Feb 25, 2014
Closed on
May 1, 2014
Sold by
Spohr Edward C
Bought by
Schwartz Jennifer C and Doolan Eric M
Seller's Agent
Jason Reed
RE/MAX Results
Buyer's Agent
Barbara Dagnon
Edina Realty, Inc.
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$202,350
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2005
Sold by
Weis Sarah L
Bought by
Spohr Edward C and Spohr Linda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.66%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 8, 2000
Sold by
Hein Matthew W
Bought by
Weis Sarah
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
Potter Jennifer $485 National Signing Services Inc
Schwartz Jennifer C $213,000 North American Title Company
Spohr Edward C $250,000 --
Weis Sarah $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Jennifer $252,000
Previous Owner Doolan Jennifer C $192,000
Previous Owner Doolan Jennfier C $65,000
Previous Owner Schwartz Jennifer C $202,350
Previous Owner Spohr Linda E $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2014 05/01/14 Sold $215,000 0.0% $117 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $215,000 -- $117 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $6,200 $455,000 $132,000 $323,000
2022 $5,243 $414,000 $110,000 $304,000
2021 $4,982 $362,000 $78,000 $284,000
2020 $5,222 $355,000 $72,600 $282,400
2019 $4,218 $344,500 $48,400 $296,100
2018 $3,771 $292,000 $48,400 $243,600
2017 $3,470 $239,000 $44,000 $195,000
2016 $3,054 $208,000 $44,000 $164,000
2015 $2,722 $181,000 $44,000 $137,000
2014 -- $159,500 $44,000 $115,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4582160

REALTOR® Association of Southern Minnesota

APN: 06-028-23-32-0044