NOT LISTED FOR SALE

355 W 8th St Rush City, MN 55069

Estimated Value: $179,000 - $282,696

5 Beds
3 Baths
1,843 Sq Ft
$121/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $190,500 $103 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,430/month

33 Days on Market

About This Home

As of July 2024

INSTANT Cash Flow!!! Rent out one unit and live in the other or rent both. Two car garage with each unit. Updates include newer furnace, water heater, and roof.

Last Agent to Sell the Property

John Udermann

RE/MAX Results Listed on: 06/18/2024

RE/MAX Results

Last Buyer's Agent

Sean Thomas

Generations Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 1930

Lot Details

  • 1.19

Parking

  • 4 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,843 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Lot Dimensions are 145x300
  • Forced Air Heating System

Community Details

  • 2 Units
  • Rush City Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, fuel, trash collection
  • The owner pays for insurance, repairs, sewer, taxes
  • Assessor Parcel Number 170047900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,578

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Other
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 1843
  • Water Sewer Expenses: 1440
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Living Area: 1843
  • Owner Pays: Insurance, Repairs, Sewer, Taxes
  • Basement YN: Yes
  • Appliances: Range
  • Number Of Fireplaces: 0
  • Total Rooms: 8
  • Appliances: Range
  • Total Rooms: 4
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: None

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 896

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Rush City
  • SchoolDistrictNumber: 139
  • SchoolDistrictPhone: 320-358-4855

Lot Info

  • Lot Size: 145x300
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 5569.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 170047900
  • Tax Annual Amount: 2578
  • TaxWithAssessments: 2578.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Fuel, Trash Collection
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
Ares Holdings Llc
Bought by
Dryas Holdings Llc
Current Estimated Value
$222,924

Purchase Details

Listed on
Jun 18, 2024
Closed on
Jul 24, 2024
Sold by
Osmium Holdings Llc
Bought by
Ares Holdings Llc
Seller's Agent
John Udermann
RE/MAX Results
Buyer's Agent
Sean Thomas
Generations Real Estate Group
List Price
$225,000
Sold Price
$190,500
Premium/Discount to List
-$34,500
-15.33%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.36%

Purchase Details

Closed on
Jan 15, 2019
Sold by
Stmarie Barbara J
Bought by
Osmuim Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,200
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2018
Sold by
Cobb David W
Bought by
Osmium Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,200
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2018
Sold by
Johnson Bradley A and Johnson Maureen
Bought by
Cobb David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,200
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2003
Sold by
Johnson Allan L
Bought by
Cobb David W
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
Dryas Holdings Llc $500 Title Smart
Ares Holdings Llc $190,500 --
Osmuim Holdings Llc $106,500 --
Osmium Holdings Llc $106,500 --
Cobb David W $36,633 --
Cobb David W $36,633 --
Cobb David W $36,633 --
Cobb David W $109,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osmuim Holdings Llc $85,200
Previous Owner Cobb David W $85,200
Closed Cobb David W --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2024 07/24/24 Sold $190,500 -15.3% $103 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $225,000 -- $122 / 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 $2,576 $203,000 $45,600 $157,400
2022 $2,576 $193,500 $43,200 $150,300
2021 $2,432 $164,300 $0 $0
2020 $2,362 $152,100 $36,000 $116,100
2019 $2,236 $0 $0 $0
2018 $1,930 $0 $0 $0
2017 $1,780 $0 $0 $0
2016 $1,632 $0 $0 $0
2015 $1,682 $0 $0 $0
2014 -- $90,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6555831

NorthstarMLS

APN: 17-00479-00