NOT LISTED FOR SALE

Estimated Value: $516,000 - $570,549

6 Beds
2 Baths
2,944 Sq Ft
$181/Sq Ft Est. Value

Last Sold October 27, 2014

Last sale price $210,000 $71 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $3,651/month

62 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Fireplace
  • Hale Elementary School Rated A-
  • Community Garden
  • 2 Car Attached Garage

About This Home

As of October 2014

Property is an Estate and has been in the same family over 50years. Sold AS-IS. Beautiful old world charm is waiting for an investor to restore it to its glory. HW floors throughout both levels, attached garage, and lower level has AC.

Last Agent to Sell the Property

AmyMichielle Freeman

Edina Realty, Inc. Listed on: 08/11/2014

Last Buyer's Agent

Belinda Reaves

REI Real Estate & Prop Mgmt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,799

Year Built

  • Built in 1931

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 51x117
  • Corner Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,944 Sq Ft Home
  • Woodwork
  • Fireplace
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Utilities

  • Central Air
  • Radiant Heating System

Community Details

  • 2 Units
  • Community Garden

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,799

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 10/27/2014
  • Street Designation: Avenue
  • Taxes With Assessments: 4799
  • Estimated Number of Acres: 0.14
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Finished Above Grade Sq Ft: 2944
  • Total Fin Square Footage: 2944

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Number Garage Spaces: 2

Utilities

  • Heat: Radiant

Condo/Co-op/Association

  • Shared: Common Garden

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Corner Lot, Tree Coverage - Medium
  • Estimated Lot Dimensions: 51x117

Rental Info

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

Building Info

  • Year Built: 1931

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2014
  • Tax Value: 4799

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2015
Sold by
Nwokeuku Arthur and Nwokeuku Terri
Bought by
4401 Portland Llc
Current Estimated Value
$532,887

Purchase Details

Listed on
Aug 11, 2014
Closed on
Oct 22, 2014
Sold by
Holbrook Carolyn L
Bought by
Nwokeuku Arthur
Seller's Agent
AmyMichielle Freeman
Edina Realty, Inc.
Buyer's Agent
Belinda Reaves
REI Real Estate & Prop Mgmt
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
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
4401 Portland Llc -- Attorney
Nwokeuku Arthur -- Edina Realty Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2014 10/27/14 Sold $210,000 -6.7% $71 / Sq Ft
10/12/2014 10/12/14 Pending -- -- --
08/11/2014 08/11/14 For Sale $225,000 -- $76 / 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 $8,796 $551,000 $114,000 $437,000
2022 $8,875 $536,000 $108,000 $428,000
2021 $8,578 $508,000 $71,000 $437,000
2020 $9,251 $480,000 $74,700 $405,300
2019 $9,512 $480,000 $49,800 $430,200
2018 $8,763 $480,000 $49,800 $430,200
2017 $8,360 $400,000 $45,300 $354,700
2016 $7,473 $361,500 $45,300 $316,200
2015 $5,111 $314,500 $45,300 $269,200
2014 -- $273,500 $47,400 $226,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4667123

REALTOR® Association of Southern Minnesota

APN: 11-028-24-33-0088