NOT LISTED FOR SALE

Estimated Value: $407,658 - $466,000

4 Beds
2 Baths
2,043 Sq Ft
$212/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $116,200 $57 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $2,844/month

88 Days on Market

About This Home

As of January 2014

Up and Down Duplex in a very desirable location. Upper unit has updated kitchen and bathroom. Original woodwork on the main level and upstairs hallway.

Last Agent to Sell the Property

Jean Khembo

Infinity Real Estate Solutions Listed on: 10/08/2013

Last Buyer's Agent

Ross Lumley

RE/MAX Advantage Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 42x92

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,043 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,762

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Construction: Previously Owned
  • Projected Closed Date: 01/31/2014
  • Stories: 2 Story
  • Taxes With Assessments: 1762
  • Estimated Number of Acres: 0.09
  • Comp Dev Subdiv Name: Lennon & Newells addn
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2043
  • Total Fin Square Footage: 2043

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 42x92

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 1762

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2016
Sold by
Lumley Ken
Bought by
Richerson Reed
Total Days on Market
88
Current Estimated Value
$433,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,125
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2013
Closed on
Jan 31, 2014
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Lumley Ken
Seller's Agent
Jean Khembo
Infinity Real Estate Solutions
Buyer's Agent
Ross Lumley
RE/MAX Advantage Plus
List Price
$98,000
Sold Price
$116,200
Premium/Discount to List
$18,200
18.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.29%

Purchase Details

Closed on
Aug 14, 2013
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 23, 2012
Sold by
Morris Evan A
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 25, 1997
Sold by
Marek Josephine G
Bought by
Gibbs Myrna and Morris Evan A
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
Richerson Reed $253,500 Nations Title Agency
Lumley Ken -- Fsa Title Services Llc
The Secretary Of Housing & Urban Develop -- None Available
Bank Of America Na $216,225 --
Bank Of America Na $216,224 None Available
Gibbs Myrna $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richerson Reed $185,000
Closed Richerson Reed $190,125
Previous Owner Morris Evan A $206,704
Previous Owner Morris Evan A $40,000
Previous Owner Morris Evan A $179,700
Closed Gibbs Myrna --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2014 01/31/14 Sold $116,200 +18.6% $57 / Sq Ft
01/04/2014 01/04/14 Pending -- -- --
10/08/2013 10/08/13 For Sale $98,000 -- $48 / 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 $6,524 $405,000 $95,000 $310,000
2022 $5,847 $388,000 $81,000 $307,000
2021 $5,243 $338,000 $50,000 $288,000
2020 $5,443 $307,000 $17,400 $289,600
2019 $4,329 $281,500 $11,600 $269,900
2018 $3,943 $238,500 $11,600 $226,900
2017 $3,505 $187,000 $10,500 $176,500
2016 $3,142 $162,500 $10,500 $152,000
2015 $2,709 $133,500 $10,500 $123,000
2014 -- $121,000 $13,000 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4549510

REALTOR® Association of Southern Minnesota

APN: 11-029-24-31-0147