$65,000
SOLD FEB 14, 2025
2 Beds
2 Baths
1,360 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$48 Per Sq Ft

13% Below List Price

31 Days on Market

About This Home

As of February 2025

Excellent investor opportunity located directly across from Folwell Park. Home has been completely gutted and is ready for renovation. 2-stall garage located in back of property.

Last Agent to Sell the Property

Ahmad Eltawely

Premier Realty LLC Listed on: 01/07/2025

Last Buyer's Agent

Matthew Wicken

Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $464

Year Built

  • Built in 1900

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 40x126
  • No Heating

Community Details

  • 2 Units
  • Newlon & Folwells Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0402924340019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$464

Year Built

Built in 1900

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: 1900
  • Above Grade Finished Sq Ft: 1360
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 1360
  • Basement YN: Yes

Beds/Baths

  • Total Bedrooms: 2

Exterior Features

  • Neighborhood: Folwell

Utilities

  • Heating: None
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

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

Lot Info

  • Lot Size: 40x126
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0402924340019
  • Tax Annual Amount: 464
  • TaxWithAssessments: 8388.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
Feb 19, 2025
Sold by
Moghul Habib and Ngongo Grace
Bought by
Perez Ronal
Seller's Agent
Ahmad Eltawely
Premier Realty LLC
Buyer's Agent
Matthew Wicken
Real Broker, LLC
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%
Views
110
Current Estimated Value
$67,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,068
Avg. Annual Appreciation
3.89%

Purchase Details

Closed on
Nov 28, 2022
Sold by
Estate Of Harold E Pitcock Sr
Bought by
Moghul Habib

Purchase Details

Closed on
Jan 9, 2013
Sold by
R & E Properties
Bought by
Pitcock Harold E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,655
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2007
Sold by
R & E Properties
Bought by
Padilla Edgar

Purchase Details

Closed on
Jan 31, 2003
Sold by
R & E Properties
Bought by
17 17Th Ave N Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $65,000 Stewart Title Company
Deed $51,685 --
Deed $51,685 Stewart Title
Warranty Deed -- None Available
Contract Of Sale $115,000 --
Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $76,655 FHA
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2025 02/14/25 Sold $65,000 -13.3% $48 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $75,000 -- $55 / 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
2024 $8,287 $32,000 $21,000 $11,000
2023 $8,388 $29,000 $16,000 $13,000
2022 $4,455 $28,000 $13,000 $15,000
2021 $2,656 $175,000 $10,000 $165,000
2020 $1,906 $170,500 $10,400 $160,100
2019 $1,596 $142,000 $6,900 $135,100
2018 $1,294 $118,500 $6,900 $111,600
2017 $1,120 $86,500 $6,300 $80,200
2016 $1,082 $82,000 $6,300 $75,700
2015 $774 $71,500 $6,300 $65,200
2014 -- $66,000 $9,000 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6646361

NorthstarMLS

APN: 04-029-24-34-0019