NOT LISTED FOR SALE

Estimated Value: $409,000 - $471,269

4 Beds
2 Baths
1,746 Sq Ft
$245/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $400,000 $229 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,750/month

7 Days on Market

About This Home

As of July 2023

Superlative location facing West River Parkway and just steps from Midtown Greenway, this charming, well-maintained duplex is a rare find! Each unit features a main bedroom that overlooks the river parkway, plus each has a second bedroom, updated full bathrooms, and eat-in kitchens. The main level unit offers hardwood floors throughout, a spacious kitchen, rear mudroom and outdoor patio. Upper unit features a combination of newer carpet and hardwood floors, and enjoys use of a large private upper deck. Shared laundry on the main level. Upper unit is vacant, main level is a month-to-month lease with stable long-term tenant. Easy quick commute to the U of M and both downtowns, plus enjoy the walking and biking trails along the Mississippi River and Greenway, right out your front door. The Seward neighborhood offers an abundance of local shops, restaurants, and amenities. One year home warranty included. Fantastic opportunity!

Last Agent to Sell the Property

Leah Drury

Compass Listed on: 06/02/2023

Compass

Co-Listed By

Jill Numrich

Compass

Last Buyer's Agent

Bradley Williams

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,102

Year Built

  • Built in 1900

Lot Details

  • 4,792

Parking

  • 2 Car Garage
  • Unassigned Parking

Home Design

  • Duplex

Interior Spaces

  • 1,746 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 40x125
  • Forced Air Heating System

Community Details

  • 2 Units
  • Dormans 1St Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, fuel
  • The owner pays for insurance, grounds care, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 3102923420097

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,102

Year Built

Built in 1900

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: Common Laundry
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1746
  • Water Sewer Expenses: 700
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Living Area: 1746
  • Owner Pays: Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: City View,Deck,Main Floor Primary Bedroom
  • Appliances: Gas Water Heater,Microwave,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 4
  • Amenities: City View,Patio
  • Appliances: Gas Water Heater,Range
  • Total Rooms: 5
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

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

Garage/Parking

  • Parking Features: Detached, Unassigned
  • Garage Square Feet: 396

Utilities

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

Schools

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

Lot Info

  • Lot Size: 40x125
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 9500.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3102923420097
  • Tax Annual Amount: 6102
  • TaxWithAssessments: 6102.0000

Multi Family

  • TenantPays: Electricity, Fuel
  • Resident Manager Expense: 500
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 6, 2023
Sold by
Hanhan Peter
Bought by
Bloss Michael
Seller's Agent
Leah Drury
Compass
Buyer's Agent
Bradley Williams
Edina Realty, Inc.
List Price
$398,000
Sold Price
$400,000
Premium/Discount to List
$2,000
0.5%
Views
239
Current Estimated Value
$427,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,567
Avg. Annual Appreciation
3.02%
Original Mortgage
$380,000
Outstanding Balance
$370,559
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$57,008

Purchase Details

Closed on
Apr 23, 2013
Sold by
Tschider Lisa Marie
Bought by
Hanhan Peter Kenan

Purchase Details

Closed on
May 19, 2000
Sold by
Sides Tracy L
Bought by
Hanhan Peter K and Hanhan Lisa M

Purchase Details

Closed on
Aug 18, 1998
Sold by
Seuntjens Mark A
Bought by
Sides Tracy L
Source: Public Records

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
Bloss Michael $400,000 --
Hanhan Peter Kenan -- None Available
Hanhan Peter K $171,000 --
Sides Tracy L $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bloss Michael $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold $400,000 +0.5% $229 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $398,000 -- $228 / 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
2024 $5,792 $399,000 $198,000 $201,000
2023 $6,607 $413,000 $198,000 $215,000
2022 $6,269 $379,000 $164,000 $215,000
2021 $6,102 $369,000 $134,000 $235,000
2020 $5,922 $388,500 $94,100 $294,400
2019 $5,526 $335,000 $62,700 $272,300
2018 $5,240 $304,500 $62,700 $241,800
2017 $5,548 $274,500 $57,000 $217,500
2016 $5,039 $249,500 $57,000 $192,500
2015 $4,744 $223,000 $57,000 $166,000
2014 -- $194,000 $57,000 $137,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6380632

NorthstarMLS

APN: 31-029-23-42-0097