NOT LISTED FOR SALE

Estimated Value: $412,000 - $489,000

4 Beds
2 Baths
3,793 Sq Ft
$116/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $440,000 $116 Per Sq Ft

Current estimated payment $2,962/month

26 Days on Market

Highlights

  • Community Center
  • Patio
  • Property is Fully Fenced
  • Washburn High School Rated A-

About This Home

As of February 2023

the Colossus of 1926: a surviving arts & crafts example with a sprawling footprint of nearly 1630' per finished unit. Her interior staterooms were restored to bare oak & plaster from 2016-'17: see home highlights a depth of restoration rarely seen in the multi-family landscape: millwork to bare wood and re-commissioned in custom walnut stain under gloss varnish, white oak hardwoods finished in 4 coats of matte poly throughout. Kitchens: original birch shaker cabinets revitalized while modern drawer banks added with under a blend of oak // birch // and honed marble counters. Original baths with retiled showers, new plumbing fixtures, curated vintage & modern lighting throughout both units, radiators in entire building stripped and finished in industrial metallic epoxy. New back door, garage doors, custom cedar fence, insulated attic, anderson windows, weil-mclain boilers, new laundry, basement prior speakeasy lounge with ample storage, perfect owner occupant FHA ready.

Last Agent to Sell the Property

Steve Imhoff

Rare Form Properties Listed on: 12/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,537

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 50x122
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Boiler Heating System
  • 150 Amp Service

Listing and Financial Details

  • Tenant pays for electricity, gas, grounds care, snow removal
  • The owner pays for insurance, repairs, taxes, water
  • Assessor Parcel Number 0202824330101

Community Details

Overview

  • 2 Units
  • Irving A Dunsmoors Add Subdivision

Amenities

  • Community Center

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,537

Year Built

Built in 1926

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
  • Association Amenities: Laundry, Patio
  • Year Built: 1926
  • Above Grade Finished Sq Ft: 3260
  • Water Sewer Expenses: 660
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Full, Concrete
  • Living Area: 3793
  • Below Grade Finished Sq Ft: 533
  • Owner Pays: Insurance, Repairs, Taxes, Water
  • Basement YN: Yes
  • Amenities: Countertops-Granite,Custom Cabinetry,Historic/Period Millwork,Porch,Tile Floors
  • Appliances: Dishwasher,Range,Stainless Steel Appliances
  • Number Of Fireplaces: 1
  • Total Rooms: 7
  • Amenities: Built-In Bookcases,Countertops-Granite,Custom Cabinetry,Deck,Historic/Period Millwork
  • Appliances: Dishwasher,Range,Stainless Steel Appliances
  • Total Rooms: 7
  • Shared Rooms: Community Room
  • Number Of Fireplaces: 1

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Full, Privacy, Wood
  • Neighborhood: Central
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 300
  • Other Parking Spaces: 1

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Electric: 150 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 50x122
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco
  • Units Total: 2

Rental Info

  • Expenses: 3660.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0202824330101
  • Tax Annual Amount: 5537
  • TaxWithAssessments: 5537.0000

Multi Family

  • TenantPays: Electricity, Gas, Grounds Care, Snow Removal
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
Feb 21, 2023
Sold by
Revival Properties Llc
Bought by
Thompson Maxwell
Seller's Agent
Steve Imhoff
Rare Form Properties
List Price
$424,999
Sold Price
$440,000
Premium/Discount to List
$15,001
3.53%
Current Estimated Value
$441,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,023
Avg. Annual Appreciation
0.15%
Original Mortgage
$401,912
Outstanding Balance
$391,905
Interest Rate
6.33%
Mortgage Type
FHA
Estimated Equity
$49,615

Purchase Details

Closed on
May 22, 2020
Sold by
Lmhoff Steven J and Barr Mallary
Bought by
Revival Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 2016
Sold by
Ski U Mah Llc
Bought by
Albertson Christopher C and Imhoff Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
3.52%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 25, 2015
Sold by
Hay Nicky R
Bought by
Ski U Mah Llc
Source: Public Records

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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
Thompson Maxwell $440,000 Edgewater Title
Revival Properties Llc -- Edgewater Title Group Llc
Albertson Christopher C $269,500 Watermark Title Agency Llc
Ski U Mah Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Maxwell $401,912
Previous Owner Revival Properties Llc $292,500
Previous Owner Albertson Christopher C $280,700
Previous Owner Albertson Christopher C $218,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $440,000 +3.5% $116 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $424,999 -- $112 / 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 $6,066 $380,000 $84,000 $296,000
2022 $5,537 $359,000 $70,000 $289,000
2021 $6,746 $326,000 $53,000 $273,000
2020 $6,456 $412,500 $40,800 $371,700
2019 $6,029 $365,000 $27,200 $337,800
2018 $5,291 $332,000 $27,200 $304,800
2017 $4,843 $258,500 $24,700 $233,800
2016 $4,991 $258,500 $24,700 $233,800
2015 $4,505 $215,500 $24,700 $190,800
2014 -- $196,500 $24,700 $171,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6317926

NorthstarMLS

APN: 02-028-24-33-0101