NOT LISTED FOR SALE

Estimated Value: $491,000 - $590,000

4 Beds
4 Baths
3,144 Sq Ft
$179/Sq Ft Est. Value

Last Sold April 18, 2014

Last sale price $312,000 $99 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,689/month

16 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • 2 Car Attached Garage
  • Washburn High School Rated A-
  • Fireplace
  • 3-minute walk to Lyndale Farmstead Park

About This Home

As of April 2014

Nice Duplex located in great location! Great for Owner occupant and rent out 1 side or investment property. Spacious living rooms, kitchen, 2 beds, 2 baths, fplc per side! Hurry - won't last long!

Last Listed By

Jason Stockwell

RE/MAX Results Listed on: 03/11/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,987

Year Built

  • Built in 1957

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 55.20 x 89.00

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,144 Sq Ft Home
  • Woodwork
  • Fireplace
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Additional Features

  • Property is near public transit
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Community Deck or Porch

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

$4,987

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Assessment Balance: 725
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 05/09/2014
  • Taxes With Assessments: 4987
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2124
  • Total Fin Square Footage: 3144
  • Below Grade Finished Sq Ft: 1020

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Exterior: Brick
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Number Garage Spaces: 2

Utilities

  • Heat: Fireplace, Forced Air

Condo/Co-op/Association

  • Shared: Deck

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks)
  • Estimated Lot Dimensions: 55.20 X 89.00

Rental Info

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

Building Info

  • Year Built: 1957

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 4987

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2014
Closed on
Apr 18, 2014
Sold by
Federal National Mortgage Association
Bought by
Vann Grant L
Seller's Agent
Jason Stockwell
RE/MAX Results
Buyer's Agent
Gregory Gilbert
RE/MAX Results
List Price
$274,500
Sold Price
$312,000
Premium/Discount to List
$37,500
13.66%
Total Days on Market
16
Current Estimated Value
$562,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,261
Avg. Annual Appreciation
5.45%

Purchase Details

Closed on
Dec 14, 2012
Sold by
Bank Of America National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 9, 2012
Sold by
Harris Clayton M
Bought by
Bank Of America National Association

Purchase Details

Closed on
Feb 23, 2006
Sold by
Lundgren Donald A
Bought by
Harris Linda M and Harris Clayton M

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in Minneapolis, MN

  • 2707 Fremont Ave S, Minneapolis, MN 55408

    $535,000

    • 5 Beds
    • 4 Baths
    • 2,385 Sq Ft
    • 2707 Fremont Ave S
    • Minneapolis, MN

    Fantastic opportunity to own a multi-family property in the East Lowry Hill neighborhood! This property features three distinct units; a cozy studio, a one-bedroom, and a three-bedroom unit, offering flexibility for owner-occupants or investors. Recent updates include a new boiler, new water main, and a newer water heater, ensuring efficiancy and peace of mind. The property also boasts a fenced

    Luke DeLacey Coldwell Banker Realty

    Section Image
  • 735 Madison St NE, Minneapolis, MN 55413

    $550,000

    • 6 Beds
    • 3 Baths
    • 2,624 Sq Ft
    • 735 Madison St NE
    • Minneapolis, MN

    Amazing opportunity for an owner occupied duplex or to add to an investment portfolio. Live in the big unit and the mortgage payment is less than you would have on a $300,000 house when adding in your rental income!Same owner for the past 20 years, not one full month of vacancy over that time! Welcome to 735 NE Madison St, a charming duplex nestled in the heart of Minneapolis, MN. This

    Charly Marggraf Compass

    Section Image
  • 3509 Bryant Ave S, Minneapolis, MN 55408

    $475,000

    • 6 Beds
    • 3 Baths
    • 2,921 Sq Ft
    • 3509 Bryant Ave S
    • Minneapolis, MN

    This Up / Down duplex in South Uptown is only available again after buyer financing fell through! It is your perfect opportunity for owner occupancy or an addition to your investment portfolio. Own and occupy the main level for less than what you would pay in rent, and if you are an investor, the numbers are favorable for today’s market. The main floor unit has two bedrooms and one bathroom, and

    Shae Hanson Keller Williams Realty Integrity Lakes

    Section Image
  • 3439 - 3441 Colfax Ave S, Minneapolis, MN 55408

    $600,000

    • 6 Beds
    • 3 Baths
    • 3,848 Sq Ft
    • 3439 - 3441 Colfax Ave S
    • Minneapolis, MN

    Beautiful Lakes area property available for the first time in over 30 years just 9 blocks to the Rose Gardens at Lake Harriet, 8 blocks to Bde Maka Ska and all the beaches and paved paths around the lakes. Enjoy free concerts at the Lake Harriet Bandshell and boat and bike rentals. Legal Duplex with an extra third floor apartment. Meticulously maintained and updated including new windows and

    Mark Burke RE/MAX Results

    Section Image
  • 4553 Harriet Ave, Minneapolis, MN 55419

    $610,000

    • 4 Beds
    • 3 Baths
    • 2,708 Sq Ft
    • 4553 Harriet Ave
    • Minneapolis, MN

    Stately duplex with 1920's charm in high demand King Field neighborhood lovingly maintained by owner occupant for over 30 years! Great walkability and biking to eateries, restaurants, bistros, local shops, the Minneapolis Lakes and Parkway System, and public transit! Sunny, spacious units feature hardwood floors, coved ceilings, sunrooms with built-in bookcases, large living rooms have brick

    Seth Johnson Coldwell Banker Realty

    Section Image
  • 3205 Grand Ave S, Minneapolis, MN 55408

    $449,000

    • 3 Beds
    • 3 Baths
    • 2,300 Sq Ft
    • 3205 Grand Ave S
    • Minneapolis, MN

    Welcome to 3205 Grand Ave located in the heart of the vibrant Lyndale neighborhood of South Mpls. This Triplex is loaded with original character including: hardwood floors, gorgeous woodwork and a relaxing front porch. You will notice the ample natural light in each unit making the units feel bright and open. Each kitchen has been updated over the years adding to the properties quality and

    Scott Hoefler Side by Side Realty LLC

    Section Image
  • 3020 Harriet Ave, Minneapolis, MN 55408

    $512,500

    • 5 Beds
    • 3 Baths
    • 2,800 Sq Ft
    • 3020 Harriet Ave
    • Minneapolis, MN

    Prime Investment Opportunity in Lyn-Lake – Renovated Duplex!Located in the heart of Minneapolis’ vibrant Lyn-Lake neighborhood, this fully renovated duplex is amust-see for investors or owner-occupants! The property features two beautifully updated units: aspacious 3-bedroom and a comfortable 2-bedroom, each thoughtfully upgraded with modern kitchens boastingnew cabinets, granite countertops, and

    Mark Paulsen LPT Realty, LLC

    Section Image
  • 3708 Park Ave, Minneapolis, MN 55407

    $489,999

    • 4 Beds
    • 3 Baths
    • 3,000 Sq Ft
    • 3708 Park Ave
    • Minneapolis, MN

    This well-maintained property features beautiful woodwork and peaceful park views. The main floor unit offers an updated kitchen and bath, plus a one-year-old washer and dryer. The upstairs unit boasts an updated bath, gorgeous kitchen cabinets, and plenty of natural sunlight. Both units feature fireplaces for cozy evenings. The downstairs tenants will not be renewing their lease allowing for a

    Verne Betlach Bridge Realty, LLC

    Section Image
  • 3020 James Ave S, Minneapolis, MN 55408

    $560,000

    • 6 Beds
    • 3 Baths
    • 3,692 Sq Ft
    • 3020 James Ave S
    • Minneapolis, MN

    You won't beat this location just 2 blocks from Lake Bde Maka Ska in Uptown! Property is in fantastic condition with many original touches in place alongside practical updates that have been made in each unit. Walking distance to all the best restaurants, shops and outdoor amenities that the lakes have to offer. Studio, 2 bed, and 5 bed units each have 1 bath, with a dryer and coin-op washer

    Aaron Goldstein Gold Group Realty, LLC

    Section Image

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
Vann Grant L -- Alliance Title Llc
Federal National Mortgage Association -- None Available
Bank Of America National Association $361,367 --
Bank Of America National Association $361,367 None Available
Harris Linda M $399,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vann Grant L $252,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2014 04/18/14 Sold $312,000 +13.7% $99 / Sq Ft
03/27/2014 03/27/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $274,500 -- $87 / 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 $6,685 $489,000 $199,000 $290,000
2022 $6,292 $489,000 $165,000 $324,000
2021 $6,066 $454,000 $131,000 $323,000
2020 $6,204 $453,500 $134,500 $319,000
2019 $6,076 $428,000 $112,300 $315,700
2018 $5,409 $407,500 $112,300 $295,200
2017 $4,997 $331,000 $102,100 $228,900
2016 $4,887 $315,000 $102,100 $212,900
2015 $5,591 $340,500 $102,100 $238,400
2014 -- $296,000 $92,100 $203,900
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4586871

REALTOR® Association of Southern Minnesota

APN: 09-028-24-14-0027