NOT LISTED FOR SALE

Estimated Value: $411,942 - $496,000

5 Beds
2 Baths
2,012 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 05, 2012

Last sale price $112,201 $56 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $2,999/month

39 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Partially Fenced Property
  • Washburn High School Rated A-
  • Community Deck or Porch
  • Wood Siding

About This Home

As of March 2012

5 BR 2BA duplex in SW Minneapolis. Great opportunity to owner occupy.

Last Listed By

Eric Miller

Coldwell Banker Burnet Listed on: 01/26/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1892

Lot Details

  • Lot Dimensions are 40.00 x 127.00
  • Partially Fenced Property
  • Few Trees

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,012 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Location

  • Property is near public transit

Community Details

  • 2 Units
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 03/08/2012
  • Taxes With Assessments: 4400.64
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2012
  • Total Fin Square Footage: 2012

Exterior Features

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

Utilities

  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Shared: Deck

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 127.00

Building Info

  • Year Built: 1892

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2011
  • Tax Value: 4401

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2012
Closed on
Mar 2, 2012
Sold by
Pennymac Corp
Bought by
Affordable Green Homes Llc
Seller's Agent
Eric Miller
Coldwell Banker Burnet
Buyer's Agent
Eric Miller
Coldwell Banker Burnet
List Price
$84,900
Sold Price
$112,201
Premium/Discount to List
$27,301
32.16%
Total Days on Market
39
Current Estimated Value
$448,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,785
Avg. Annual Appreciation
11.06%
Original Mortgage
$115,500
Outstanding Balance
$80,873
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$368,113

Purchase Details

Closed on
Jul 1, 2011
Sold by
Citimortgage Inc
Bought by
Pennymac Corp

Purchase Details

Closed on
Apr 5, 2011
Sold by
Domar-Drapes Jaisef
Bought by
Citimortgage Inc

Purchase Details

Closed on
Mar 4, 1998
Sold by
Norwest Bank Minnesota
Bought by
Drapes Domar Jaisef

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
Affordable Green Homes Llc $112,200 Minnesota Abstract & Title C
Pennymac Corp -- None Available
Citimortgage Inc $122,023 --
Drapes Domar Jaisef $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Affordable Green Homes Llc $115,500
Previous Owner Domar Drapes Jaisef $76,500
Previous Owner Drapes Jaisef Domar $29,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2012 03/05/12 Sold $112,201 +32.2% $56 / Sq Ft
02/04/2012 02/04/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $84,900 -- $42 / 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 $5,980 $359,000 $120,000 $239,000
2022 $5,354 $326,000 $120,000 $206,000
2021 $4,639 $300,000 $76,000 $224,000
2020 $5,008 $267,500 $55,500 $212,000
2019 $4,493 $267,500 $37,000 $230,500
2018 $4,053 $247,500 $37,000 $210,500
2017 $4,143 $221,000 $33,600 $187,400
2016 $4,274 $221,000 $33,600 $187,400
2015 $4,190 $206,500 $33,600 $172,900
2014 -- $198,500 $36,900 $161,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3588428

REALTOR® Association of Southern Minnesota

APN: 10-028-24-42-0137