NOT LISTED FOR SALE

Estimated Value: $408,000 - $537,698

4 Beds
13 Baths
2,604 Sq Ft
$185/Sq Ft Est. Value

Last Sold December 10, 2013

Last sale price $245,000 $94 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,262/month

132 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Landscaped with Trees
  • Wood Flooring
  • Woodwork
  • 4-minute walk to Lake Hiawatha Park

About This Home

As of December 2013

Great opportunity for owner occupant. Current leases good thru 2/15/14. Duplex w/non-conforming LL 3rd unit. 2 newer furnaces, 2 new hot water heaters. Roof 1.5 yrs old. Great location across the street from L. Hiawatha. 2 100 amp electric service boxes.

Last Agent to Sell the Property

Christopher Willette

Edina Realty, Inc. Listed on: 06/26/2013

Co-Listed By

Dawnn Willette

Edina Realty, Inc.

Last Buyer's Agent

Patrick Smith

Coldwell Banker Burnet

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,051

Year Built

  • Built in 1947

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x126.60
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,604 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Short Sale
  • Tenant pays for electric
  • The owner pays for snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,051

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Assessments: Unknown
  • Construction: Previously Owned
  • Potential Short Sale: Yes
  • Projected Closed Date: 12/11/2013
  • Stories: 1 Story
  • Taxes With Assessments: 4050.52
  • Estimated Number of Acres: 0.12
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1764
  • Total Fin Square Footage: 2604
  • Below Grade Finished Sq Ft: 840

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Exterior: Brick, Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Concrete

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium
  • Estimated Lot Dimensions: 40x126.60

Rental Info

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

Building Info

  • Year Built: 1947

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 4051

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2014
Sold by
Wilz Andrew
Bought by
Wilz Lawrence E and Wilz Angela G
Current Estimated Value
$481,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Outstanding Balance
$139,140
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$342,785

Purchase Details

Listed on
Jun 26, 2013
Closed on
Dec 10, 2013
Sold by
Wilz Lawrence and Schreiner Wilz Angela G
Bought by
Wilz Lawrence and Wilz Andrew
Seller's Agent
Christopher Willette
Edina Realty, Inc.
Buyer's Agent
Patrick Smith
Coldwell Banker Burnet
List Price
$224,900
Sold Price
$245,000
Premium/Discount to List
$20,100
8.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$196,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 2003
Sold by
Sazama Jeffrey M
Bought by
Nyberg Douglas W and Nyberg Markwood Carolyn

Purchase Details

Closed on
Oct 11, 2002
Sold by
Taykalo Peter S
Bought by
Sazama Kelly K

Purchase Details

Closed on
Jul 3, 1997
Sold by
Taykalo Peter S and Taykalo Charlotte
Bought by
Milani Kelly K
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
Wilz Lawrence E -- Global Closing & Title Svcs
Wilz Lawrence -- None Available
Wilz Lawrence $245,000 Global Closing & Title Svcs
Nyberg Douglas W $310,000 --
Sazama Kelly K $315,000 --
Milani Kelly K $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilz Lawrence E $184,500
Closed Wilz Lawrence $196,000
Closed Milani Kelly K --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2013 12/10/13 Sold $245,000 +8.9% $94 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $224,900 -- $86 / 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 $8,569 $450,000 $136,000 $314,000
2023 $8,134 $484,000 $131,000 $353,000
2022 $7,966 $477,000 $110,000 $367,000
2021 $7,671 $469,000 $84,000 $385,000
2020 $7,472 $469,000 $88,100 $380,900
2019 $7,672 $422,500 $58,700 $363,800
2018 $7,014 $422,500 $58,700 $363,800
2017 $6,520 $346,000 $53,400 $292,600
2016 $5,889 $303,000 $53,400 $249,600
2015 $5,372 $263,500 $53,400 $210,100
2014 -- $239,500 $53,400 $186,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4499863

REALTOR® Association of Southern Minnesota

APN: 12-028-24-44-0213