NOT LISTED FOR SALE

3721 Reservoir Blvd Columbia Heights, MN 55421

Estimated Value: $332,000 - $378,271

10 Beds
5 Baths
3,428 Sq Ft
$106/Sq Ft Est. Value

Last Sold December 29, 2014

Last sale price $155,000 $45 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,278/month

19 Days on Market

Highlights

  • 2 Car Detached Garage
  • Fireplace
  • Coin Laundry

About This Home

As of December 2014

Investor's Dream! Multi-room rental w/great cash flow. Up to 10 single rooms rented by the month. Home offers residents 5 shared baths & 2 kitchens. Coin operated laundry & 1 double car garage for an add'l fee. Off street parking and close to bus route.

Last Agent to Sell the Property

Ronald Markgraf

Edina Realty, Inc. Listed on: 12/10/2014

Co-Listed By

Ron Pollock

Edina Realty, Inc.

Last Buyer's Agent

David Knecht

eGreen Realty & Property Mgmt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,280

Year Built

  • Built in 1925

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 49x160
  • Few Trees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 3,428 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Range

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Window Unit Cooling System

Community Details

  • 2 Units
  • Coin Laundry

Listing and Financial Details

  • The owner pays for electric, fuel, lawn, maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,280

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessment Balance: 24
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 12/29/2014
  • Stories: 2 Story
  • Street Designation: Boulevard
  • Taxes With Assessments: 2304
  • Estimated Number of Acres: 0.19
  • Comp Dev Subdiv Name: Reservoir Hills
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove
  • Basement Features: Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2091
  • Total Fin Square Footage: 3428
  • Below Grade Finished Sq Ft: 1337

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Brick, Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Asphalt

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned

Schools

  • School District: Columbia Heights #13

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: 49x160

Rental Info

  • Owner Expense: Electric, Fuel, Lawn, Maint/Repair, Snow, Trash, Water/Sewer

Building Info

  • Year Built: 1925

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 12764

Tax Info

  • Year: 2014
  • Tax Value: 2280

MLS Schools

  • School District: Columbia Heights #13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2019
Sold by
Acs Homes Llc
Bought by
Easton Homes Llc
Current Estimated Value
$362,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Dec 10, 2014
Closed on
Dec 29, 2014
Seller's Agent
Ronald Markgraf
Edina Realty, Inc.
Buyer's Agent
David Knecht
eGreen Realty & Property Mgmt
List Price
$170,000
Sold Price
$155,000
Premium/Discount to List
-$15,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%

Purchase Details

Closed on
Mar 4, 2009
Sold by
Mariette Morris D and Mariette Patricia
Bought by
Mariette Morris D and Mariette Patricia
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
Easton Homes Llc -- Entitle Inc
-- $77,500 --
Mariette Morris D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Easton Homes Llc $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2014 12/29/14 Sold $155,000 -8.8% $45 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
12/10/2014 12/10/14 For Sale $170,000 -- $50 / 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
2025 $4,274 $302,500 $99,800 $202,700
2024 $4,274 $291,300 $99,800 $191,500
2023 $3,210 $273,100 $90,100 $183,000
2022 $3,244 $274,400 $90,100 $184,300
2021 $3,293 $234,600 $69,500 $165,100
2020 $3,161 $222,000 $65,700 $156,300
2019 $3,100 $225,000 $64,300 $160,700
2018 $3,052 $211,500 $0 $0
2017 $2,771 $198,800 $0 $0
2016 $2,735 $164,800 $0 $0
2015 $2,638 $164,800 $54,400 $110,400
2014 -- $137,900 $41,400 $96,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4701796

REALTOR® Association of Southern Minnesota

APN: 36-30-24-33-0025