NOT LISTED FOR SALE

4 4th Ave SW Chisholm, MN 55719

5 Beds
2 Baths
2,322 Sq Ft
1,742 Sq Ft Lot

Sale Details

Date Sold: January 9, 2023

Last sale price $89,900 $39 Per Sq Ft

110 Days on Market

About This Home

As of January 2023

Duplex with with strong rental history, in a great location near downtown Chisholm! Beautiful brick exterior / Natural gas heat / Laundry hookups in basement. Both units currently leased. Don't miss out on this excellent income property! Great return on investment at current price -- excellent cap rate!

Last Agent to Sell the Property

Matt Rengstorf

Perrella & Associates License #40752619 Listed on: 08/12/2022

Last Buyer's Agent

Brittany Stampohar

Village Realty License #40785089

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 1909

Lot Details

  • Lot Dimensions are 40 x 50

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,322 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Available

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $990
  • Utility Expense $6,100
  • Gross Income $22,308
  • Net Operating Income $12,574

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,444

Year Built

Built in 1909

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Class: Multi Family
  • Lvt Date: 08/12/2022
  • Real Estate Tax: 1444
  • Type: Duplex
  • Year Built: 1909
  • Lot Size Length: 40
  • Lot Size Width: 50
  • Utilities Expenses: 6100
  • Insurance Expenses: 990
  • Net Income: 12,574
  • Projected Income: 22,308
  • Rent: Month To Month
  • Total Expense: 9,734
  • Total Income: 22308
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 2322
  • Basement: Full

Exterior Features

  • Exterior: Brick

Utilities

  • Utilities: City Sewer, City Water, Gas
  • Heating: Gas, Hot Water

Fee Information

  • Rent Income: 22308

Lot Info

  • Zoning: 207

Rental Info

  • Actual Income: 22308

Multi Family

  • Management Expenses: 1200
  • Number Of Units: 2

Tax Info

  • Taxes: 1444
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2023 01/09/23 Sold $89,900 0.0% $39 / Sq Ft
09/09/2022 09/09/22 Price Changed $89,900 -10.0% $39 / Sq Ft
08/12/2022 08/12/22 For Sale $99,900 +122.0% $43 / Sq Ft
04/27/2012 04/27/12 Sold $45,000 -- $19 / Sq Ft View Prior Sale
03/22/2012 03/22/12 Pending -- -- --
Source: Range Association of REALTORS®

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 $2,110 $88,300 $2,300 $86,000
2023 $2,110 $98,600 $2,500 $96,100
2022 $1,444 $82,300 $2,100 $80,200
2021 $1,376 $65,900 $1,200 $64,700
2020 $1,312 $60,200 $1,200 $59,000
2019 $1,776 $60,200 $1,200 $59,000
2018 $1,258 $60,200 $1,200 $59,000
2017 $1,070 $60,200 $1,200 $59,000
2016 $1,592 $51,900 $1,400 $50,500
2015 $1,648 $45,900 $1,400 $44,500
2014 $1,648 $54,400 $1,400 $53,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 144016

Range Association of REALTORS®
Your Personal Tour Guide

Ask me questions while you tour the home.