NOT LISTED FOR SALE

Estimated Value: $460,000 - $575,000

6 Beds
2 Baths
2,187 Sq Ft
$230/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $392,500 $179 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,376/month

194 Days on Market

About This Home

As of January 2022

Welcome to 4613-15 Garfield located near various restaurants, coffee shops and near Lake Harriet. A true side by side duplex in the north end of the Tangeltown neighborhood. Each unit has 3 bedrooms, 1 bathroom and its own furnace, water heater and central AC. In addition, this duplex is split in the middle including the basement area and two separate tuck-under garages for extra space and separate private laundry areas. A combination of Oak and maple hard fools throughout the 1st floor. Improvements include MAC installation of central AC and updated furnaces in 2010. Roof and 2nd floor siding was replaced in April 2021. The tenant on the south side unit (4615) is a long-term renter since September 2010, on a month-to-month lease and currently paying $1425 per month. Both sides should rent for $1550-1600 per month, renters pay electric and gas. Landlord pays for water and garbage. This spacious duplex, while not perfect with older windows and cabinets is priced accordingly.

Last Listed By

Russell Glover

Reliant Real Estate LLC Listed on: 06/29/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,866

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 132 x41

Parking

  • 2 Car Garage
  • Tuck Under Garage

Home Design

  • Duplex

Interior Spaces

  • 2,187 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Community Details

  • 2 Units
  • Brooks Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, fuel
  • The owner pays for insurance, grounds care, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 1502824220038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,866

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2187
  • Water Sewer Expenses: 1488
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Single Tenant Access
  • Living Area: 2187
  • Fireplace: No
  • Owner Pays: Insurance, Grounds Care, Snow Removal, Taxes, Trash Collection, Water
  • Total Rooms: 7

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • ConstructionMaterialsDesc: Timber/Post & Beam,Concrete,Frame
  • Neighborhood: Tangletown

Garage/Parking

  • Parking Features: Concrete, Tuckunder Garage
  • Garage Square Feet: 374

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 132 X41
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board, Stucco
  • Units Total: 2

Rental Info

  • Expenses: 12511.0000

Tax Info

  • Tax Year: 2020
  • Assessor Parcel Number: 1502824220038
  • Tax Annual Amount: 6866
  • TaxWithAssessments: 6866.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Fuel
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Jan 24, 2022
Sold by
Glover Iv Russell K and Strand Sara
Bought by
Zelayaran Max
Seller's Agent
Russell Glover
Reliant Real Estate LLC
Buyer's Agent
Carolynn Carleton
Coldwell Banker Realty
List Price
$415,000
Sold Price
$392,500
Premium/Discount to List
-$22,500
-5.42%
Total Days on Market
194
Current Estimated Value
$502,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,681
Avg. Annual Appreciation
6.72%

Purchase Details

Closed on
Jul 12, 2001
Sold by
Hanlon Paul
Bought by
Glover Russell K

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
Zelayaran Max $392,500 Burnet Title
Glover Russell K $392,500 Burnet Title
Glover Russell K $267,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glover Russell K $206,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2022 01/26/22 Sold $392,500 -5.4% $179 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
11/19/2021 11/19/21 For Sale $415,000 +5.7% $190 / Sq Ft
11/18/2021 11/18/21 Off Market $392,500 -- --
09/24/2021 09/24/21 Pending -- -- --
08/12/2021 08/12/21 Price Changed $415,000 -5.7% $190 / Sq Ft
07/21/2021 07/21/21 Price Changed $440,000 -5.4% $201 / Sq Ft
07/01/2021 07/01/21 For Sale $465,000 -- $213 / Sq Ft
Source: NorthstarMLS

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 $7,102 $444,000 $211,000 $233,000
2022 $6,931 $436,000 $200,000 $236,000
2021 $6,346 $408,000 $187,000 $221,000
2020 $6,866 $388,500 $142,000 $246,500
2019 $6,408 $388,500 $106,300 $282,200
2018 $5,777 $353,000 $101,800 $251,200
2017 $5,876 $313,500 $92,500 $221,000
2016 $5,512 $285,000 $92,500 $192,500
2015 $5,581 $275,000 $92,500 $182,500
2014 -- $239,000 $87,200 $151,800
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6017305

NorthstarMLS

APN: 15-028-24-22-0038