NOT LISTED FOR SALE

Estimated Value: $686,170 - $837,000

4 Beds
2 Baths
2,328 Sq Ft
$328/Sq Ft Est. Value

Last Sold May 24, 2013

Last sale price $380,000 $163 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,256/month

27 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Fireplace
  • Lake Harriet Upper School Rated A-
  • Corner Lot
  • 4-minute walk to Bde Maka Ska Thomas Beach

About This Home

As of May 2013

NICE, UP/DOWN DUPLEX IN GREAT CONDITION. LAKE CALHOUN -1 BLOCK, LAKE HARRIET - 3 BLOCKS. PLENTY OF OLD-WORLD CHARM: HARDWOOD FLOORS, WOOD-BURNING FIREPLACES, SUN PORCHES + NATURAL BUILT-INS, OFFERING THE BEST OF BOTH WORLDS: LOCATION + QUALITY.

Last Agent to Sell the Property

Zebulon Haney

Edina Realty, Inc. Listed on: 03/27/2013

Last Buyer's Agent

Steven Imhoff

Rare Form Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,391

Year Built

  • Built in 1914

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 55x75
  • Corner Lot
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,328 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Fireplace
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

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

Additional Features

  • Patio
  • Property is near public transit
  • Window Unit Cooling System

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,391

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 05/24/2013
  • Stories: 2 Story
  • Taxes With Assessments: 7391
  • Estimated Number of Acres: 0.09
  • Comp Dev Subdiv Name: Addition - Cottage City
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2328
  • Total Fin Square Footage: 2328

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Utilities

  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Shared: Patio

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 55x75

Rental Info

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

Building Info

  • Year Built: 1914

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2012
  • Tax Value: 7391

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2013
Closed on
May 23, 2013
Sold by
Panchot Robert R
Bought by
Speake Natasha B and Speake Michael R
Seller's Agent
Zebulon Haney
Edina Realty, Inc.
Buyer's Agent
Steven Imhoff
Rare Form Properties
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%
Total Days on Market
27
Current Estimated Value
$764,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,543
Avg. Annual Appreciation
5.98%
Original Mortgage
$373,117
Outstanding Balance
$269,186
Interest Rate
3.43%
Mortgage Type
FHA
Estimated Equity
$495,357
Source: Public Records

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Range of Values:

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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
Speake Natasha B $368,823 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speake Natasha B $18,910
Open Speake Natasha B $373,117
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2013 05/24/13 Sold $380,000 -5.0% $163 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $399,900 -- $172 / 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 $11,569 $614,000 $316,000 $298,000
2022 $12,483 $614,000 $316,000 $298,000
2021 $10,639 $611,000 $264,000 $347,000
2020 $11,275 $650,500 $195,600 $454,900
2019 $10,381 $637,500 $149,500 $488,000
2018 $9,079 $554,500 $149,500 $405,000
2017 $8,826 $471,000 $135,900 $335,100
2016 $8,660 $448,500 $135,900 $312,600
2015 $9,077 $448,500 $135,900 $312,600
2014 -- $412,000 $125,800 $286,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4455035

REALTOR® Association of Southern Minnesota

APN: 08-028-24-11-0026