NOT LISTED FOR SALE

405 E 8th St Unit 405 1/2 E 8th St Blue Earth, MN 56013

4 Beds
2 Baths
1,870 Sq Ft
4,356 Sq Ft Lot

Last Sold July 01, 2016

Last sale price $57,000 $30 Per Sq Ft

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Baseboard Heating
  • Eat-In Kitchen
  • Ceiling Fan
  • Wood Siding

About This Home

As of July 2016

Check out this nicely located, well maintained and updated duplex. This property features a main level 2 bedroom, 1 bath apartment and a 2 bedroom, 1 bath upper level apartment. Both apartments have their own laundry and separate front entries. The upper level apartment has an enclosed stairway entrance. All utilities have been separated so there are no utilities that the landlord has to pay, the tenants pay all of their own utilities. The main level is heated with a forced air furnace located in the basement, window A/C. The upper level apartment has electric heat and a wall A/C. Each unit has its own electric water heater and circuit breaker box. The exterior has vinyl siding and mostly new windows, insulated attic, newer plumbing and electrical. The upper unit has a new kitchen with landlord owned stove, refrigerator and built-in microwave, washer, dryer and wall A/C, all newer floor coverings in both apartments. All appliances are included on the main level which includes new (May 2016) clothes washer and dryer, window A/C, stove, refrigerator. Both street parking and off street parking. Great rental history on both units. Don't miss your opportunity to own this great investment property or live in one of the units and keep renting the other one!

Last Agent to Sell the Property

Ken Skaare

OLSON NELSON REALTY Listed on: 05/23/2016

Last Buyer's Agent

Drew Peterson

CENTURY 21 ATWOOD License #40466222

CENTURY 21 ATWOOD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,798

Year Built

  • 1880

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 70 x 60
  • Corner Lot

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,870 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Stone or Rock in Basement

Parking

  • 1 Parking Space Included
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Location

  • Ground Level
  • Upper Level

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for broadband, cable TV, electric, fuel, trash, water/sewer
  • The owner pays for lawn, maint/repair, snow
  • Month-to-Month Lease Term
  • Assessor Parcel Number 21.325.0760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,798

Year Built

1880

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1057
  • L V T Date: 05/23/2016
  • Mechanicals: Water Heater - Electric, Individual Water Heaters, Water Softener-None
  • Parcel Number: 21.325.0760
  • Stories: 2 Story
  • Street Designation: Street
  • Estimated Number of Acres: 0.1
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Appliances: Dryer, Exhaust Fan/Hood, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Concrete Block, Rock
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1870
  • Total Fin Square Footage: 1870
  • Total Square Footage: 2795

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Vinyl, Wood
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Gravel

Garage/Parking

  • Number Off Street Parking: 2

Utilities

  • Fuel: Electric, Natural Gas
  • Heat: Baseboard, Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Lot/Land Description: Corner Lot, Paved Streets
  • Estimated Lot Dimensions: 70 x 60

Rental Info

  • Owner Expense: Lawn, Maint/Repair, Snow
  • Tenant Expense: Broadband, Cable TV, Electric, Fuel, Trash, Water/Sewer
  • Type of Tenancy: One Year Lease, Month to Month

Range of Values:

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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
07/01/2016 07/01/16 Sold $57,000 -4.2% $30 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $59,500 -- $32 / 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 $1,798 $123,700 $15,300 $108,400
2024 $1,706 $99,700 $8,000 $91,700
2023 $928 $95,000 $6,500 $88,500
2022 $940 $44,800 $6,500 $38,300
2021 $864 $41,300 $3,000 $38,300
2020 $762 $39,100 $3,000 $36,100
2019 $772 $36,300 $2,500 $33,800
2018 $608 $37,300 $3,500 $33,800
2017 $588 $29,300 $3,500 $25,800
2015 $1,068 $29,300 $3,500 $25,800
2013 -- $30,700 $3,500 $27,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7011689

REALTOR® Association of Southern Minnesota

APN: 21.325.0760