NOT LISTED FOR SALE

Estimated Value: $617,000 - $686,233

4 Beds
4 Baths
2,436 Sq Ft
$270/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $645,000 $265 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,380/month

296 Days on Market

Highlights

  • Multiple Garages
  • 2 Car Attached Garage
  • 1-minute walk to Waveland Park
  • Lake Harriet Upper School Rated A-
  • Forced Air Heating System

About This Home

As of May 2024

Come see this extremely rare Linden Hills triplex! This is the first triplex on the market in this sought after neighborhood since 2015. Excellent opportunity for an investor or an owner-occupant. Additionally, this lot has the potential to be developed into a full apartment building, as it is ZONED R5. You or your tenants will love being close to the lakes and parks, plus the charming coffee shops, restaurants and boutiques of Linden Hills. This property has a 2 bed/2 bath unit (rent: $1550) with vaulted ceilings, a fireplace, and new stainless steel appliances, a 1 bed/1 bath unit (rent: $1095) with a fireplace, vaulted ceilings and a walk-in closet. The final unit is a spacious 1 bed/1 bath unit (rent: $1095) with an attached garage stall. All units have separate washer/dryers. Rents are below market. Showings will be Tuesdays 4-6pm and Saturdays 11-2pm.

Last Agent to Sell the Property

Charles Johnson

Coldwell Banker Realty Brokerage Phone: 612-723-6492 Listed on: 07/13/2023

Coldwell Banker Realty

Last Buyer's Agent

Christopher Harrington

CH Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,884

Year Built

  • Built in 1960

Lot Details

  • 6,098

Parking

  • 2 Car Attached Garage
  • Multiple Garages

Home Design

  • Triplex

Interior Spaces

  • 2,436 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Lot Dimensions are 40x180
  • Forced Air Heating System

Community Details

  • 3 Units
  • Waveland Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0802824320165

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,884

Year Built

Built in 1960

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: 1960
  • Above Grade Finished Sq Ft: 2436
  • Water Sewer Expenses: 1500
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-723-6492
  • Attribution Contact: 612-723-6492
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Living Area: 2436
  • Basement YN: No
  • Number Of Fireplaces: 1
  • Total Rooms: 6
  • Total Rooms: 3
  • Number Of Fireplaces: 1
  • Appliances: Dryer,Range
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Neighborhood: Linden Hills

Garage/Parking

  • Parking Features: Attached Garage, Detached, Multiple Garages
  • Garage Square Feet: 572
  • Other Parking Spaces: 1

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

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

Lot Info

  • Lot Size: 40x180
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding
  • Units Total: 3

Rental Info

  • Expenses: 8000.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0802824320165
  • Tax Annual Amount: 8884
  • TaxWithAssessments: 8884.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
May 21, 2024
Sold by
Vats Living Trust Dated June 3 2022 Samir
Bought by
Elliott Sam and Passolt Ben
Seller's Agent
Charles Johnson
Coldwell Banker Realty
Buyer's Agent
Christopher Harrington
CH Realty LLC
List Price
$649,900
Sold Price
$645,000
Premium/Discount to List
-$4,900
-0.75%
Views
201
Current Estimated Value
$659,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,052
Avg. Annual Appreciation
0.10%
Original Mortgage
$612,750
Outstanding Balance
$607,411
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$38,400

Purchase Details

Listed on
Jul 13, 2023
Closed on
May 16, 2024
Sold by
Vats Sangeeta and Vats Vinod K
Bought by
Samir Vats Living Trust
Seller's Agent
Charles Johnson
Coldwell Banker Realty
Buyer's Agent
Christopher Harrington
CH Realty LLC
List Price
$649,900
Sold Price
$645,000
Premium/Discount to List
-$4,900
-0.75%
Views
201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,750
Outstanding Balance
$607,411
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$38,400

Purchase Details

Closed on
Jun 9, 2022
Sold by
Sangeeta Vats
Bought by
Samia Vats Living Trust

Purchase Details

Listed on
Jul 11, 2012
Closed on
Sep 17, 2012
Sold by
Galvin Thomas J
Bought by
Vats Sangeeta and Vats Vinod K
Seller's Agent
Thomas Kendall
Lakes Area Realty, Inc
Buyer's Agent
Marcia McLean
Berkshire Hathaway HomeServices Lovejoy Realty
List Price
$329,900
Sold Price
$309,800
Premium/Discount to List
-$20,100
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$165,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2012
Sold by
Galvin Thomas J and Galvin Dorina A
Bought by
Galvin Thomas J and Galvin Dorina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,300
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2004
Sold by
Lamson Robert A
Bought by
Galvin Thomas J and Grampe Dorina

Purchase Details

Closed on
Dec 8, 2000
Sold by
Delvecho Peter S
Bought by
Lamson Robert A and Lamson Christine H
Source: Public Records

Range of Values:

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Average Value
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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
Elliott Sam $645,000 --
Samir Vats Living Trust $500 Burnet Title
Samia Vats Living Trust $15,500 --
Samir Vats Living Trust $15,500 --
Vats Sangeeta $309,800 Midland Title
Galvin Thomas J -- Home Title
Galvin Thomas J $389,900 --
Lamson Robert A $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Sam $612,750
Previous Owner Vats Sangeeta $165,000
Previous Owner Galvin Thomas J $282,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $645,000 0.0% $265 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/25/2024 04/25/24 Off Market $645,000 -- --
04/04/2024 04/04/24 Price Changed $649,900 0.0% $267 / Sq Ft
04/04/2024 04/04/24 For Sale $649,900 +0.8% $267 / Sq Ft
10/10/2023 10/10/23 Off Market $645,000 -- --
07/31/2023 07/31/23 Price Changed $675,000 -6.9% $277 / Sq Ft
07/15/2023 07/15/23 For Sale $725,000 +134.0% $298 / Sq Ft
09/17/2012 09/17/12 Sold $309,800 -6.1% $127 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $329,900 -- $135 / 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 $9,255 $559,000 $357,000 $202,000
2022 $8,884 $523,000 $336,000 $187,000
2021 $8,554 $523,000 $304,000 $219,000
2020 $7,092 $523,000 $320,100 $202,900
2019 $6,639 $489,000 $232,100 $256,900
2018 $6,002 $444,500 $232,100 $212,400
2017 $5,718 $374,500 $211,000 $163,500
2016 $5,591 $356,500 $211,000 $145,500
2015 $5,671 $335,000 $211,000 $124,000
2014 -- $291,500 $175,800 $115,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6401680

NorthstarMLS

APN: 08-028-24-32-0165