NOT LISTED FOR SALE

Estimated Value: $415,000 - $512,000

4 Beds
2 Baths
2,498 Sq Ft
$187/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $305,000 $122 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,095/month

145 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Walk-In Closet
  • Wood Flooring
  • Woodwork
  • Ceiling Fan

About This Home

As of August 2013

Clean well kept Large up/Down duplex with newer kitchens and appliances, over 1100 sq/ft and 2+BR per unit. Tenants pay own heat and electric. Coin-op laundry. Potenial lower level expansion, just do the finishing and bring in more income.

Last Agent to Sell the Property

Steve Finnegan

Primary Investments, LLC Listed on: 01/30/2013

Last Buyer's Agent

Larry LaVercombe

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,693

Year Built

  • Built in 1921

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 126.00
  • Partially Fenced Property
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • Walk-In Closet
  • 2,498 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Location

  • Property is near public transit

Community Details

  • 2 Units
  • Coin Laundry
  • Gross Income $600

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for electric, maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,693

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 08/30/2013
  • Taxes With Assessments: 4693
  • Estimated Number of Acres: 0.11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Stove, Refrigerator
  • Basement Features: Drainage System, Sump Pump
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2256
  • Total Fin Square Footage: 2498
  • Below Grade Finished Sq Ft: 242

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Fenced Yard - Partial

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 40.00 X 126.00

Rental Info

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

Building Info

  • Year Built: 1921

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 1000
  • Est Annual Gross Income: 600

Tax Info

  • Year: 2011
  • Tax Value: 4693

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2013
Closed on
Aug 30, 2013
Sold by
Finnegan Properties Llc
Bought by
Poster Charles E and Sather Jeanna B
Seller's Agent
Steve Finnegan
Primary Investments, LLC
Buyer's Agent
Larry LaVercombe
RE/MAX Results
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Current Estimated Value
$466,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,684
Avg. Annual Appreciation
3.56%
Original Mortgage
$299,450
Outstanding Balance
$222,126
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$244,558

Purchase Details

Closed on
Dec 31, 1997
Sold by
Kjornes Douglas E
Bought by
Finnegan Steve
Source: Public Records

Range of Values:

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Average Value
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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
Poster Charles E $305,000 Home Title
Finnegan Steve $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poster Charles E $299,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $305,000 -6.2% $122 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
01/30/2013 01/30/13 For Sale $325,000 -- $130 / 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
2024 $7,780 $428,000 $123,000 $305,000
2023 $6,753 $423,000 $110,000 $313,000
2022 $6,692 $422,000 $99,000 $323,000
2021 $6,444 $394,000 $68,000 $326,000
2020 $6,456 $394,000 $53,400 $340,600
2019 $6,310 $365,000 $35,600 $329,400
2018 $5,649 $347,500 $35,600 $311,900
2017 $5,209 $272,000 $32,400 $239,600
2016 $5,233 $265,000 $32,400 $232,600
2015 $4,782 $230,500 $32,400 $198,100
2014 -- $200,500 $32,400 $168,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4435215

REALTOR® Association of Southern Minnesota

APN: 12-028-24-23-0157