NOT LISTED FOR SALE

Estimated Value: $366,000 - $400,000

2 Beds
2 Baths
2,800 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $345,000 $123 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,580/month

24 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 3-minute walk to Sibley Park
  • 1-Story Property

About This Home

As of October 2023

Come see the really big backyard! Ok, so it's a park, but isn't it better if you don't have to mow it? Well-maintained charming duplex with arched doorways, beautiful kitchen cabinets, and the deepest basement you've ever seen. Enjoy the big deck built over a two-car tuck under the garage. Walk a half a block, turn around, and see the Minneapolis skyline. Great candidate for an ADU. Both units will be vacant at closing; so you can owner-occupy or fill with a tenant of your choosing. Get this. There are separate water meters. That means the tenants pay trash, water and sewer! Hurry. This one's unique in some of the best ways possible.

Last Listed By

Kari Lundin

Keller Williams Realty Integrity Listed on: 09/18/2023

Keller Williams Realty Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,676

Year Built

  • Built in 1927

Lot Details

  • 5,227

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Basement

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

Additional Features

  • Lot Dimensions are 127x40
  • Forced Air Heating System

Community Details

  • 2 Units
  • Cedar Ave Heights 3Rd Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, fuel, trash collection, water
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 1202824220050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,676

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Deck
  • Year Built: 1927
  • Above Grade Finished Sq Ft: 1400
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Living Area: 2800
  • Below Grade Finished Sq Ft: 1400
  • Owner Pays: Insurance, Taxes
  • Basement YN: Yes
  • Amenities: Deck
  • Appliances: Gas Water Heater,Range
  • Total Rooms: 4
  • Amenities: Deck
  • Appliances: Dryer,Range
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: None
  • Neighborhood: Standish

Garage/Parking

  • Parking Features: Attached Garage, Tuckunder Garage
  • Garage Square Feet: 480

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 127x40
  • 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: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1202824220050
  • Tax Annual Amount: 5676
  • TaxWithAssessments: 5676.0000

Multi Family

  • TenantPays: Electricity, Fuel, Trash Collection, Water
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Oct 27, 2023
Sold by
Markgraf Maxwell and Markgraf Kara
Bought by
Awosika Ebi and Awosika Olukayode
Seller's Agent
Kari Lundin
Keller Williams Realty Integrity
Buyer's Agent
Kareen Anughom
Real Broker, LLC
List Price
$360,000
Sold Price
$345,000
Premium/Discount to List
-$15,000
-4.17%
Total Days on Market
24
Views
108
Current Estimated Value
$377,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,788
Avg. Annual Appreciation
5.88%
Original Mortgage
$258,750
Outstanding Balance
$255,099
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$122,689

Purchase Details

Listed on
Sep 18, 2023
Closed on
Oct 26, 2023
Sold by
Markgraf Maxwell and Markgraf Kara
Bought by
Awosika Ebi and Awosika Olukayode
Seller's Agent
Kari Lundin
Keller Williams Realty Integrity
Buyer's Agent
Kareen Anughom
Real Broker, LLC
List Price
$360,000
Sold Price
$345,000
Premium/Discount to List
-$15,000
-4.17%
Views
108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Outstanding Balance
$255,099
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$122,689

Purchase Details

Listed on
Jun 28, 2013
Closed on
Sep 20, 2013
Sold by
Kaupang Carole
Bought by
Markgraf Maxwell
Seller's Agent
Thomas Anderson
RE/MAX Preferred
Buyer's Agent
Beau Bruneau
Roger Fazendin REALTORS, Inc
List Price
$199,900
Sold Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$189,905
Interest Rate
4.39%
Mortgage Type
New Conventional

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
Awosika Ebi $345,000 --
Awosika Ebi $345,000 Stewart Title Company
Markgraf Maxwell $199,900 Trademark Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Awosika Ebi $258,750
Closed Awosika Ebi $258,750
Previous Owner Markgraf Maxwell $189,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $345,000 -4.2% $123 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $360,000 +80.1% $129 / Sq Ft
09/20/2013 09/20/13 Sold $199,900 0.0% $143 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
06/28/2013 06/28/13 For Sale $199,900 -- $143 / 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 $5,587 $350,000 $110,000 $240,000
2022 $5,147 $353,000 $100,000 $253,000
2021 $4,587 $303,000 $69,000 $234,000
2020 $4,554 $280,500 $46,100 $234,400
2019 $4,449 $257,500 $30,700 $226,800
2018 $3,907 $245,000 $30,700 $214,300
2017 $3,626 $193,500 $27,900 $165,600
2016 $3,573 $185,000 $27,900 $157,100
2015 $3,259 $161,000 $27,900 $133,100
2014 -- $140,000 $27,900 $112,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6435290

NorthstarMLS

APN: 12-028-24-22-0050