NOT LISTED FOR SALE

Estimated Value: $427,000 - $540,000

2 Beds
2 Baths
2,763 Sq Ft
$176/Sq Ft Est. Value

Last Sold September 24, 2012

Last sale price $115,000 $42 Per Sq Ft

Est. 323% increase in value since last sale

Current estimated payment $3,323/month

215 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 5-minute walk to McRae Park
  • Hale Elementary School Rated A-

About This Home

As of September 2012

Sale is contingent upon lender approval. An 'as-is' addendum is reuired. Great owner investor opportunity. Side by side duplex. 2BR, 1BA in each unit. Add value by finishing basement.

Last Agent to Sell the Property

Chance Lindsey

Keller Williams Integrity Realty Listed on: 02/17/2012

Last Buyer's Agent

Butch Zelinsky

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 79.00 x 124.00

Parking

  • 4 Car Garage

Home Design

  • 2,763 Sq Ft Home
  • Wood Siding
  • Stucco Exterior

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 1102824330184

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Assessments: Unknown
  • Construction: Previously Owned
  • Parcel Number: 1102824330184
  • Potential Short Sale: Yes
  • Projected Closed Date: 10/22/2012
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 4277.18
  • Estimated Number of Acres: 0.22
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1617
  • Total Fin Square Footage: 2763
  • Below Grade Finished Sq Ft: 1146

Exterior Features

  • Exterior: Stucco, Wood

Garage/Parking

  • Number Garage Spaces: 4

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 79.00 X 124.00

Building Info

  • Year Built: 1947

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2011
  • Tax Value: 4277

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2013
Sold by
Browning Charlie R and Browning Carrie Lyn
Bought by
Kelkar Sabeena and Kelkar Praful M
Current Estimated Value
$486,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Outstanding Balance
$44,878
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$430,301

Purchase Details

Listed on
Feb 17, 2012
Closed on
Sep 24, 2012
Sold by
Allen Jessica
Bought by
Browning Charles R
Seller's Agent
Chance Lindsey
Keller Williams Integrity Realty
Buyer's Agent
Butch Zelinsky
RE/MAX Results
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%

Purchase Details

Closed on
Dec 23, 1997
Sold by
Hillstrom Amy K
Bought by
Tiessen Raymond L and Tiessen Susan L
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
Kelkar Sabeena -- Home Title
Browning Charles R $115,000 Stewart Title Of Minnesota
Tiessen Raymond L $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelkar Sabeena $183,750
Previous Owner Tiessen Raymond L $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2012 09/24/12 Sold $115,000 -4.2% $42 / Sq Ft
09/19/2012 09/19/12 Pending -- -- --
02/17/2012 02/17/12 For Sale $120,000 -- $43 / 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 $8,062 $505,000 $138,000 $367,000
2022 $7,457 $505,000 $127,000 $378,000
2021 $6,526 $439,000 $80,000 $359,000
2020 $6,783 $399,000 $161,100 $237,900
2019 $6,964 $383,500 $107,400 $276,100
2018 $6,337 $383,500 $107,400 $276,100
2017 $5,996 $320,000 $107,400 $212,600
2016 $5,436 $281,500 $107,400 $174,100
2015 $5,253 $244,600 $107,400 $137,200
2014 -- $199,500 $89,700 $109,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3589794

REALTOR® Association of Southern Minnesota

APN: 11-028-24-33-0184