NOT LISTED FOR SALE

Estimated Value: $318,000 - $366,000

5 Beds
3 Baths
2,468 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $320,000 $130 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,200/month

189 Days on Market

About This Home

As of June 2023

CASH COW TRIPLEX - $52,500 GROSS INCOME! All Brick & Stucco Triplex with great rents. Units include3bed/1bath, 1bed/1bath, 1bed/1bath. Solid structure with great bones. Easy to keep rented. Big 2+cargarage in back + additional parking. Bus stop 1.5 blocks away & minutes to Downtown MPLS. Add CASHFLOWto your portfolio!

Last Agent to Sell the Property

Trevor Howat

eXp Realty Listed on: 10/19/2022

eXp Realty

Co-Listed By

Chris Bremner

eXp Realty

Last Buyer's Agent

Richelle Taylor

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,755

Year Built

  • Built in 1914

Lot Details

  • 5,227

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Pitched Roof

Interior Spaces

  • 2,468 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Lot Dimensions are 40x126
  • Hot Water Heating System

Community Details

  • 3 Units
  • Livingston Park Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, fuel
  • The owner pays for electricity, fuel, insurance, taxes, water
  • Assessor Parcel Number 0902924120170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,755

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1914
  • Above Grade Finished Sq Ft: 2468
  • Water Sewer Expenses: 2400
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Living Area: 2468
  • Fireplace: No
  • Owner Pays: Electricity, Fuel, Insurance, Taxes, Water
  • Basement YN: Yes
  • Appliances: Range
  • Total Rooms: 7
  • Total Rooms: 6
  • Appliances: Range
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt, Pitched
  • Neighborhood: Folwell

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 400

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

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

Lot Info

  • Lot Size: 40x126
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco
  • Units Total: 3

Rental Info

  • Expenses: 11040.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0902924120170
  • Tax Annual Amount: 3755
  • TaxWithAssessments: 4001.3800

Multi Family

  • TenantPays: Cable TV, Electricity, Fuel
  • ElectricExpense: 840
  • FuelExpense: 6000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Jun 28, 2023
Sold by
Mpls Properties V Llc
Bought by
Robinson Amy
Seller's Agent
Trevor Howat
eXp Realty
Buyer's Agent
Richelle Taylor
RE/MAX Results
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%
Views
417
Current Estimated Value
$336,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,474
Avg. Annual Appreciation
1.56%
Original Mortgage
$10,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2017
Sold by
3630 Fremont Llc
Bought by
Assertive Mpls Properties V Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 2015
Sold by
Bendickson Donna L
Bought by
3530 Fremont Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 29, 2015
Sold by
Bendrickson Donna L
Bought by
Bendickson Donna L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Robinson Amy $320,000 West Title
Assertive Mpls Properties V Ll $155,000 Trademark Title Svcs Inc
3530 Fremont Llc $90,000 Trademark Title Services Inc
Bendickson Donna L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Amy $12,012
Closed Robinson Amy $10,000
Open Robinson Amy $306,267
Previous Owner Assertive Mpls Properties V Llc $458,900
Previous Owner Assertive Mpls Properties V Ll $116,250
Previous Owner 3530 Fremont Llc $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $320,000 -1.5% $130 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
03/20/2023 03/20/23 Price Changed $325,000 -3.0% $132 / Sq Ft
11/16/2022 11/16/22 Price Changed $335,000 -4.3% $136 / Sq Ft
10/19/2022 10/19/22 For Sale $350,000 -- $142 / 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 $4,299 $255,000 $15,000 $240,000
2022 $4,001 $244,000 $12,000 $232,000
2021 $3,137 $221,000 $10,000 $211,000
2020 $2,872 $192,000 $11,300 $180,700
2019 $2,677 $162,500 $7,500 $155,000
2018 $2,439 $147,500 $7,500 $140,000
2017 $2,165 $115,500 $6,800 $108,700
2016 $2,350 $121,500 $6,800 $114,700
2015 -- $105,500 $6,800 $98,700
2014 -- $96,000 $6,800 $89,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6273165

NorthstarMLS

APN: 09-029-24-12-0170