NOT LISTED FOR SALE

Estimated Value: $122,086

3 Beds
3 Baths
1,680 Sq Ft
$73/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2023

Last sale price $121,500 $72 Per Sq Ft

Current estimated payment $865 / mo

17 Days on Market

Highlights

  • Wheelchair Ramps
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of November 2023

Your chance to own a triplex! Come and see this income producing asset and get your foot in the door of real estate investing. This triplex has three units roughly the same size each with sub metered utilities to make leasing units easier. Don't wait call today.

Last Agent to Sell the Property

Alexander Phippen

True Real Estate Brokerage Email: alexp@truerealestatemn.com Listed on: 10/04/2023

True Real Estate

Last Buyer's Agent

Alexander Phippen

True Real Estate Brokerage Email: alexp@truerealestatemn.com Listed on: 10/04/2023

True Real Estate
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $977

Year Built

  • Built in 1940

Lot Details

  • 3,920

Home Design

  • Triplex
  • Flat Roof Shape
  • Vinyl Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Additional Features

  • Wheelchair Ramps
  • Lot Dimensions are 53 x 75
  • Forced Air Heating System

Community Details

  • 3 Units
  • Gambles Ext Subdivision

Listing and Financial Details

  • Assessor Parcel Number 231190010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$977

Year Built

Built in 1940

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Accessibility Features: Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 1680
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: alexp@truerealestatemn.com
  • Attribution Contact: alexp@truerealestatemn.com
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Full
  • Living Area: 1680
  • Basement YN: Yes
  • Appliances: Range
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Flat

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Three

Schools

  • Junior High Dist: Fairmont Area Schools
  • SchoolDistrictPhone: 507-238-4234

Lot Info

  • Lot Size: 53 x 75
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 3

Rental Info

  • Expenses: 12000.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 231190010
  • Tax Annual Amount: 977
  • TaxWithAssessments: 1184.0000

Multi Family

  • ElectricExpense: 2400
  • Number Of Refrigerators: Three

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Nov 15, 2023
Sold by
Bought by
Seller's Agent
Alexander Phippen
True Real Estate
Buyer's Agent
Alexander Phippen
True Real Estate
List Price
$149,900
Sold Price
$121,500
Premium/Discount to List
-$28,400
-18.95%
Views
162
Current Estimated Value
$122,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$586
Avg. Annual Appreciation
0.18%
Original Mortgage
$97,200
Outstanding Balance
$94,736
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$27,350

Purchase Details

Closed on
Dec 27, 2006
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$121,500 St Andrews Title & Exchange In
$2,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $97,200
Previous Owner $87,500
Previous Owner $56,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $121,500 -18.9% $72 / Sq Ft
10/22/2023 10/22/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $149,900 -- $89 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,304 $117,700 $2,000 $115,700
2025 $1,950 $116,600 $2,000 $114,600
2024 $1,040 $106,200 $2,000 $104,200
2023 $1,184 $54,100 $4,000 $50,100
2022 $936 $58,800 $4,600 $54,200
2021 $876 $41,000 $4,000 $37,000
2020 $820 $39,100 $3,800 $35,300
2019 $786 $34,500 $3,400 $31,100
2018 $798 $33,600 $3,300 $30,300
2017 $710 $30,600 $3,000 $27,600
2016 $628 $26,700 $2,600 $24,100
2015 $397 $27,400 $2,600 $24,800
2013 $501 $30,000 $2,700 $27,300
Source: Public Records

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Map

Source: NorthstarMLS

MLS Number: 6443249

NorthstarMLS

APN: 231190010

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