NOT LISTED FOR SALE

Estimated Value: $348,103 - $431,000

1 Bed
1 Bath
3,000 Sq Ft
$133/Sq Ft Est. Value

Last Sold December 12, 2013

Last sale price $227,500 $76 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,602/month

32 Days on Market

Highlights

  • Wood Flooring
  • 3 Car Detached Garage
  • Woodwork
  • Fenced Yard
  • Cul-De-Sac
  • 3-minute walk to Sibley Park

About This Home

As of December 2013

Perfect for in-home bus or daycare, RARE Sibley Park location! Newly renovated duplex with potential to finish both upper and lower studios. Refinished hardwood floors, original woodwork, new paint & stain, sec fenced w/private courtyard, 3 car garage.

Last Listed By

Janet Banken

TheMLSonline.com, Inc. Listed on: 10/10/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,087

Year Built

  • Built in 1927

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 32x127
  • Cul-De-Sac
  • Fenced Yard
  • Few Trees

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Asphalt Shingled Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Range

Basement

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel, trash
  • The owner pays for electric, lawn, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,087

Year Built

Built in 1927

Lot Details

0

Parking

3

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Assessment Balance: 57
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 12/12/2013
  • Taxes With Assessments: 3144
  • Estimated Number of Acres: 0.09
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Egress Windows, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2000
  • Total Fin Square Footage: 3000
  • Below Grade Finished Sq Ft: 1000

Exterior Features

  • Frontage Road: City, Paved
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Concrete, Fenced Yard - Full

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 3

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Cul De Sac, Tree Coverage - Light
  • Estimated Lot Dimensions: 32x127

Rental Info

  • Owner Expense: Electric, Lawn, Snow, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Fuel, Trash

Building Info

  • Year Built: 1927

Multi Family

  • Total Units Available: 3

Tax Info

  • Year: 2013
  • Tax Value: 3087

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2014
Sold by
Radel Myron and Radel Ellen
Bought by
Radel Christopher and Radel Benjamin
Total Days on Market
32
Current Estimated Value
$399,526

Purchase Details

Listed on
Oct 10, 2013
Closed on
Dec 12, 2013
Sold by
Revolution Group Inc
Bought by
Radel Ellen and Radel Myron
Seller's Agent
Janet Banken
TheMLSonline.com, Inc.
Buyer's Agent
Beau Bruneau
Roger Fazendin REALTORS, Inc
List Price
$249,900
Sold Price
$227,500
Premium/Discount to List
-$22,400
-8.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$170,625
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2010
Sold by
Revolution Group Inc
Bought by
Swanson Donel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,800
Interest Rate
8.8%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Apr 11, 2006
Sold by
Swanson Donel G
Bought by
Banken Chadwick M

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
Radel Christopher -- None Available
Radel Ellen $227,500 Executive Title Inc
Swanson Donel G $280,000 --
Banken Chadwick M $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radel Christopher $100,000
Open Radel Benjamin $177,500
Closed Radel Benjamin $177,000
Previous Owner Radel Ellen $170,625
Previous Owner Swanson Donel G $235,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2013 12/12/13 Sold $227,500 -9.0% $76 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
10/10/2013 10/10/13 For Sale $249,900 -- $83 / 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
2023 $4,393 $343,000 $98,000 $245,000
2022 $3,999 $348,000 $89,000 $259,000
2021 $3,679 $298,000 $59,000 $239,000
2020 $3,618 $285,000 $34,100 $250,900
2019 $3,528 $261,500 $22,700 $238,800
2018 $3,017 $249,000 $22,700 $226,300
2017 $2,738 $195,000 $20,600 $174,400
2016 $2,450 $173,000 $20,600 $152,400
2015 $2,167 $150,500 $20,600 $129,900
2014 -- $134,000 $20,600 $113,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4550218

REALTOR® Association of Southern Minnesota

APN: 12-028-24-22-0047