NOT LISTED FOR SALE

Estimated Value: $512,121 - $567,000

4 Beds
3 Baths
2,256 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 25, 2013

Last sale price $300,000 $133 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,671/month

65 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • 2 Car Detached Garage
  • Washburn High School Rated A-
  • Fenced Yard
  • 2-minute walk to Rev. Dr. Martin Luther King, Jr. Park

About This Home

As of October 2013

Beautiful duplex in Kingfield Neighborhood! Units feature hardwood floors, natural woodwork, fireplaces, crown molding & tons of windows! Main floor unit has updated kitchen & bath. Just steps to Martin Luther King Park, Kingsfield Farmer's Market & more!

Last Listed By

David Wells

Coldwell Banker Burnet Listed on: 07/23/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,930

Year Built

  • Built in 1928

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x127
  • Fenced Yard
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,256 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range

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 lawn, maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,930

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 10/25/2013
  • Taxes With Assessments: 4930
  • Estimated Number of Acres: 0.11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2256
  • Total Fin Square Footage: 2256

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Fenced Yard - Full

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Condo/Co-op/Association

  • Shared: Patio

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 40x127

Rental Info

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

Building Info

  • Year Built: 1928

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 4930

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2020
Sold by
Groth Luther and Groth Lindsey
Bought by
Groth Luther and Groth Lindsey
Total Days on Market
65
Current Estimated Value
$537,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,600
Outstanding Balance
$253,145
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$284,385

Purchase Details

Closed on
Jan 22, 2016
Sold by
Groth Luther and Groth Lindsey
Bought by
Groth Luther and Groth Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2013
Closed on
Oct 25, 2013
Sold by
Sheagley David G
Bought by
Groth Luther
Seller's Agent
David Wells
Coldwell Banker Burnet
Buyer's Agent
Steven Imhoff
Rare Form Properties
List Price
$329,000
Sold Price
$300,000
Premium/Discount to List
-$29,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$294,566
Interest Rate
3.75%
Mortgage Type
FHA

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
Groth Luther -- Minnesota Title
Groth Luther -- Esquire Title Service Llc
Groth Luther $300,000 Titlesmart Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groth Luther $282,600
Closed Groth Luther $290,500
Closed Groth Luther $294,566
Previous Owner Sheagley David G $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2013 10/25/13 Sold $300,000 -8.8% $133 / Sq Ft
09/26/2013 09/26/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $329,000 -- $146 / 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 $8,129 $493,000 $102,000 $391,000
2022 $6,759 $473,000 $99,000 $374,000
2021 $6,420 $469,000 $75,000 $394,000
2020 $6,667 $460,000 $89,600 $370,400
2019 $6,360 $460,000 $59,700 $400,300
2018 $5,677 $426,000 $59,700 $366,300
2017 $4,997 $331,000 $54,300 $276,700
2016 $4,930 $317,500 $54,300 $263,200
2015 $4,573 $276,000 $54,300 $221,700
2014 -- $240,000 $47,400 $192,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4511132

REALTOR® Association of Southern Minnesota

APN: 10-028-24-12-0094