NOT LISTED FOR SALE

448 Nebraska Ave E Saint Paul, MN 55130

Payne-Phalen Neighborhood

Estimated Value: $369,000 - $446,000

6 Beds
2 Baths
2,624 Sq Ft
$154/Sq Ft Est. Value

Last Sold July 07, 2013

Last sale price $164,125 $63 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,719/month

38 Days on Market

About This Home

As of July 2013

Side-by-side duplex perfect for an FHA financed owner-occupier or investor. Many interior updates & 2 car garage. Each unit has updated Carrier gas furnace, updated kitchens, in-unit laundry, & finished basement.

Last Agent to Sell the Property

Brad Schaeppi

InvestProp Listed on: 03/29/2013

Co-Listed By

Thomas Campbell

InvestProp

Last Buyer's Agent

Peter Sparr

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,063

Year Built

  • Built in 1968

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x127

Parking

  • 2 Car Garage

Home Design

  • 2,624 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Utilities

  • Forced Air Heating System

Additional Features

  • Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,063

Year Built

Built in 1968

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Assessments: Yes
  • Construction: Previously Owned
  • Estimated Number of Acres: 0.17
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Finished
  • Finished Above Grade Sq Ft: 1760
  • Total Fin Square Footage: 2624
  • Below Grade Finished Sq Ft: 864

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt Shingles

Garage/Parking

  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Lot Info

  • Estimated Lot Dimensions: 60x127

Rental Info

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

Building Info

  • Year Built: 1968

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2012
  • Tax Value: 2063

MLS Schools

  • School District: St. Paul #625

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2022
Sold by
Ji Edward
Bought by
Weems Marcus and Weems Lakeisha
Current Estimated Value
$404,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Outstanding Balance
$336,324
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$67,991

Purchase Details

Closed on
Jun 28, 2022
Sold by
Ji Edward
Bought by
Weems Marcus D and Weems Lakeisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Outstanding Balance
$336,324
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$67,991

Purchase Details

Closed on
Aug 20, 2021
Sold by
Yarbrough Lisa A
Bought by
Ji Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2018
Sold by
Kymeg Nebraska Llc
Bought by
Yarbrough Lisa A

Purchase Details

Closed on
Jan 9, 2018
Sold by
Yarbrough Lisa
Bought by
Kymeg Nebraska Llc

Purchase Details

Listed on
Mar 29, 2013
Closed on
Jun 10, 2013
Sold by
Drs Investments Llc
Bought by
Harned Lisa and Harned Gregory
Seller's Agent
Brad Schaeppi
InvestProp
Buyer's Agent
Peter Sparr
Edina Realty, Inc.
List Price
$184,000
Sold Price
$164,125
Premium/Discount to List
-$19,875
-10.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$113,400
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2009
Sold by
Wells Fargo Bank Na
Bought by
Drs Investments Llc

Purchase Details

Closed on
Apr 16, 2003
Sold by
Burt Richard E and Burt Melissa A
Bought by
Lee Joseph

Purchase Details

Closed on
Oct 30, 2001
Sold by
Bruci Michael Joseph and Bruci Catherine
Bought by
Burt Richard E and Burt Melissa A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Weems Marcus $360,000 --
Weems Marcus D $360,000 None Listed On Document
Ji Edward $345,000 Watermark Title
Yarbrough Lisa A -- None Available
Kymeg Nebraska Llc -- None Available
Harned Lisa $175,151 Land Title Inc
Drs Investments Llc $85,000 --
Lee Joseph $190,000 --
Burt Richard E $180,000 --
Ji Edward Edward $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weems Marcus $353,479
Closed Weems Marcus D $353,479
Previous Owner Ji Edward $293,250
Previous Owner Harned Lisa $113,400
Closed Ji Edward Edward $293,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2013 07/07/13 Sold $164,125 -10.8% $63 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $184,000 -- $70 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2025 $7,654 $379,100 $30,000 $349,100
2023 $7,654 $342,900 $25,000 $317,900
2022 $4,248 $300,000 $25,000 $275,000
2021 $4,572 $247,000 $25,000 $222,000
2020 $4,484 $233,900 $16,500 $217,400
2019 $3,856 $212,700 $16,500 $196,200
2018 $3,436 $180,100 $16,500 $163,600
2017 $3,196 $156,600 $16,500 $140,100
2016 $3,258 $0 $0 $0
2015 $2,768 $150,100 $16,500 $133,600
2014 $2,136 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Brad Schaeppi

    InvestProp

  • T

    Seller Co-Listing Agent in 2013

    Thomas Campbell

    InvestProp

  • P

    Buyer's Agent in 2013

    Peter Sparr

    Edina Realty, Inc.

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4455721

REALTOR® Association of Southern Minnesota

APN: 20-29-22-23-0152

Minnesota Ramsey County Saint Paul 55130 Payne-Phalen

448 Nebraska Ave E, Saint Paul, MN

Not Listed for Sale

MultiFamily

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