NOT LISTED FOR SALE

Estimated Value: $532,000 - $630,426

6 Beds
2 Baths
2,904 Sq Ft
$207/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $575,000 $198 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,117/month

193 Days on Market

About This Home

As of April 2024

Classic up-down duplex in a prime Southwest Minneapolis location. Vintage features include hardwood floors, built-in buffets, moldings and more. The units have been well maintained and updated, specifically kitchens and baths. Separate boilers, electric and water heaters. Shared garage with one space per unit plus additional off-street parking. The large storage shed can be shared. Convenient to Lakes Bde Maka Ska and Harriet.

Last Agent to Sell the Property

Gary Bennett

Lakes Area Realty Listed on: 10/06/2023

Co-Listed By

Michael Olafson

Lakes Area Realty

Last Buyer's Agent

Alyssa Strom

Jason Mitchell Group

Jason Mitchell Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 1916

Lot Details

  • Lot Dimensions are 42x129

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,904 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Hot Water Heating System
  • Boiler Heating System

Community Details

  • 2 Units
  • Remingtons 2Nd Add Subdivision

Listing and Financial Details

  • The owner pays for insurance, taxes, trash collection, water
  • Assessor Parcel Number 0402824440077

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,000

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1916
  • Above Grade Finished Sq Ft: 2904
  • Water Sewer Expenses: 2297
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 2904
  • Owner Pays: Insurance, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Appliances: Dishwasher,Microwave,Range
  • Total Rooms: 7
  • Amenities: Historic/Period Millwork
  • Appliances: Microwave,Range
  • Total Rooms: 8

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Neighborhood: East Harriet

Garage/Parking

  • Garage Square Feet: 399
  • Garage Door Height: 7

Utilities

  • Heating: Boiler, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 42x129
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 4576.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0402824440077
  • Tax Annual Amount: 9000
  • TaxWithAssessments: 9000.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Apr 23, 2024
Sold by
Hanson Todd and Hanson Cynthia
Bought by
Petersen Karl
Seller's Agent
Gary Bennett
Lakes Area Realty
Buyer's Agent
Alyssa Strom
Jason Mitchell Group
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%
Views
113
Current Estimated Value
$601,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,857
Avg. Annual Appreciation
3.56%
Original Mortgage
$431,250
Outstanding Balance
$425,597
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$176,964

Purchase Details

Closed on
Oct 28, 1999
Sold by
Feist Raymond J
Bought by
Brama Angela A
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
Petersen Karl $575,000 --
Brama Angela A $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petersen Karl $431,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Sold $575,000 0.0% $198 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
02/23/2024 02/23/24 Price Changed $575,000 -3.4% $198 / Sq Ft
01/31/2024 01/31/24 For Sale $595,000 +3.5% $205 / Sq Ft
11/28/2023 11/28/23 Off Market $575,000 -- --
10/06/2023 10/06/23 For Sale $595,000 +88.9% $205 / Sq Ft
04/30/2012 04/30/12 Sold $315,000 +0.3% $108 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $314,000 -- $108 / 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 $10,045 $628,000 $218,000 $410,000
2022 $9,055 $559,000 $173,000 $386,000
2021 $7,572 $533,000 $163,000 $370,000
2020 $8,193 $463,500 $130,600 $332,900
2019 $8,014 $463,500 $87,400 $376,100
2018 $7,225 $441,500 $87,400 $354,100
2017 $7,384 $394,000 $79,500 $314,500
2016 $7,252 $375,000 $79,500 $295,500
2015 $6,818 $336,000 $79,500 $256,500
2014 -- $292,000 $75,100 $216,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6440423

NorthstarMLS

APN: 04-028-24-44-0077