NOT LISTED FOR SALE

4038 Madison St NE Columbia Heights, MN 55421

Estimated Value: $312,847 - $388,000

5 Beds
2 Baths
2,000 Sq Ft
$183/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $152,000 $76 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $2,249/month

189 Days on Market

About This Home

As of February 2014

Charming two-story true duplex in great location! Seperate/secure entrances. Beautiful hardwood floors! 2 car detached garage! Most of the interior & exterior have been remodeled including: kitchen, bathroom, windows, paint, flooring, fixtures & more!

Last Agent to Sell the Property

Jeffrey Firnstahl

Keller Williams Classic Realty Listed on: 08/07/2013

Last Buyer's Agent

John Mingo

Bridge Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,370

Year Built

  • Built in 1921

Lot Details

  • 5,140

Parking

  • 2 Car Garage

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Short Sale
  • The owner pays for water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,370

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessments: Unknown
  • Construction: Previously Owned
  • Potential Short Sale: Yes
  • Projected Closed Date: 02/28/2014
  • Stories: 2 Story
  • Taxes With Assessments: 2370
  • Comp Dev Subdiv Name: Columbia Heights Annex
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2000
  • Total Fin Square Footage: 2000

Exterior Features

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

Garage/Parking

  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Columbia Heights #13

Lot Info

  • Estimated Lot Dimensions: E40x129

Rental Info

  • Owner Expense: Water/Sewer

Building Info

  • Year Built: 1921

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 2370

MLS Schools

  • School District: Columbia Heights #13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2013
Closed on
Feb 28, 2014
Sold by
Holmbeck Aaron and Holmbeck Victoria
Bought by
Sacta Hector Perez
Seller's Agent
Jeffrey Firnstahl
Keller Williams Classic Realty
Buyer's Agent
John Mingo
Bridge Realty, LLC
List Price
$159,900
Sold Price
$152,000
Premium/Discount to List
-$7,900
-4.94%
Current Estimated Value
$365,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,462
Avg. Annual Appreciation
7.84%
Original Mortgage
$7,600
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2000
Sold by
Reiter Philip R
Bought by
Crofton Luther A

Purchase Details

Closed on
Jul 22, 1996
Sold by
Scheel Dennis
Bought by
Reiter Philip R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sacta Hector Perez $152,000 Liberty Title Inc
Crofton Luther A $110,000 --
Reiter Philip R $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sacta Hector Perez $7,600
Open Sacta Hector Perez $149,246
Closed Reiter Philip R --
Closed Reiter Philip R $21,529
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $152,000 -4.9% $76 / Sq Ft
02/12/2014 02/12/14 Pending -- -- --
08/07/2013 08/07/13 For Sale $159,900 -- $80 / 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
2025 $3,729 $271,100 $92,000 $179,100
2024 $3,729 $271,900 $92,000 $179,900
2023 $2,983 $258,100 $89,600 $168,500
2022 $3,091 $265,000 $88,000 $177,000
2021 $2,623 $236,500 $73,200 $163,300
2020 $2,343 $193,100 $66,800 $126,300
2019 $2,133 $183,300 $66,200 $117,100
2018 $2,012 $156,700 $0 $0
2017 $1,587 $150,200 $0 $0
2016 $1,735 $126,200 $0 $0
2015 $1,719 $126,200 $50,600 $75,600
2014 -- $109,400 $44,300 $65,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4517546

REALTOR® Association of Southern Minnesota

APN: 35-30-24-42-0050