NOT LISTED FOR SALE

Estimated Value: $302,000 - $497,000

4 Beds
2 Baths
2,331 Sq Ft
$179/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $320,000 $137 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,001/month

165 Days on Market

About This Home

As of March 2024

Situated in the highly sought-after Northeast Minneapolis Art District, this premier duplex property offers an exceptional opportunity for owner occupancy or investment. The upper floor unit showcases stunning hardwood floors and abundant natural light streaming through newer windows. The updated kitchen boasts newer appliances, cabinetry, and a center island. Enjoy a bright and inviting living/dining area, two bedrooms plus an office space, and a bathroom with a classic clawfoot tub/shower. Room to expand to third floor as well. Equally impressive, the main floor unit features beautiful hardwood floors, a spacious kitchen, a bright living/dining room, two bedrooms, and a bathroom with a classic clawfoot tub/shower. Newer boiler and hot water heater and convenience of a two-car garage.

Last Agent to Sell the Property

Matt Barker

Results Support Services, Inc Listed on: 10/11/2023

Last Buyer's Agent

Melissa Clawson

Call It Closed International Realty

Call It Closed International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • Lot Dimensions are 45x124
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,331 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Boiler Heating System

Community Details

  • 2 Units
  • F A Bakers Rgt Lts Blk 3 Murdoughs Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for gas, insurance, taxes, trash collection, water
  • Assessor Parcel Number 1002924140016

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected, City Water - In Street
  • Year Built: 1904
  • Above Grade Finished Sq Ft: 2331
  • Water Sewer Expenses: 1500
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 2331
  • Owner Pays: Gas, Insurance, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Total Rooms: 5
  • Appliances: Range
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Neighborhood: Marshall Terrace

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 350
  • Other Parking Spaces: 4

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 45x124
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 3075.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1002924140016
  • Tax Annual Amount: 8519
  • TaxWithAssessments: 8519.0000

Multi Family

  • TenantPays: Cable TV, Electricity
  • ElectricExpense: 120
  • FuelExpense: 1275
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Mar 11, 2024
Sold by
Young Jill
Bought by
Spooner Angel and Powell Dean
Seller's Agent
Matt Barker
Results Support Services, Inc
Buyer's Agent
Melissa Clawson
Call It Closed International Realty
List Price
$375,000
Sold Price
$320,000
Premium/Discount to List
-$55,000
-14.67%
Views
243
Current Estimated Value
$416,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,821
Avg. Annual Appreciation
20.46%
Original Mortgage
$224,000
Outstanding Balance
$220,744
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$196,077

Purchase Details

Listed on
Apr 17, 2013
Closed on
Jun 3, 2013
Sold by
M125 Llc
Bought by
Young Christopher D N and Young Jill
Seller's Agent
Julian Taylor
RE/MAX Results
Buyer's Agent
Heather Chermak
RE/MAX Results
List Price
$169,900
Sold Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$169,900
Interest Rate
3.81%

Purchase Details

Closed on
Aug 24, 2012
Sold by
47 Lowry Ave Ne Llc
Bought by
M125 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2011
Sold by
Tahote Corporation
Bought by
M125 Llc

Purchase Details

Closed on
May 20, 2011
Sold by
47 Lowry Ave Ne Llc
Bought by
Tahote Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4.96%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Mar 10, 2009
Sold by
Carmona Maryori
Bought by
Korb Laura B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,800
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2006
Sold by
Kappel Steven
Bought by
Carmona Maryori

Purchase Details

Closed on
Dec 21, 1998
Sold by
Peterson Carroll and Peterson Barbara
Bought by
Kappel Steven
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
Spooner Angel $320,000 --
Young Christopher D N $164,902 Regis Title Lc
Young Christopher Christopher $169,900 --
M125 Llc $80,000 Regis Title Llc
M125 Llc -- None Available
Tahote Corporation $80,000 --
Korb Laura B $41,000 --
Carmona Maryori $239,900 --
Kappel Steven $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spooner Angel $224,000
Previous Owner Young Jill Marie $4,860
Previous Owner Young Jill Marie $140,000
Previous Owner Young Christopher Christopher $169,900
Previous Owner Young Christopher D N $161,405
Previous Owner M125 Llc $105,000
Previous Owner Tahote Corporation $72,000
Previous Owner Korb Laura B $32,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $320,000 -8.6% $137 / Sq Ft
02/08/2024 02/08/24 Price Changed $350,000 -6.7% $150 / Sq Ft
10/11/2023 10/11/23 For Sale $375,000 +120.7% $161 / Sq Ft
06/03/2013 06/03/13 Sold $169,900 0.0% $72 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
04/17/2013 04/17/13 For Sale $169,900 -- $72 / 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 $8,804 $429,000 $83,000 $346,000
2022 $7,683 $403,000 $78,000 $325,000
2021 $7,558 $327,500 $29,000 $298,500
2020 $7,122 $327,500 $134,400 $193,100
2019 $3,511 $273,000 $89,600 $183,400
2018 $3,131 $248,000 $59,200 $188,800
2017 $2,731 $194,500 $59,200 $135,300
2016 $2,386 $169,000 $59,200 $109,800
2015 $2,002 $141,000 $59,200 $81,800
2014 -- $122,500 $45,500 $77,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6446455

NorthstarMLS

APN: 10-029-24-14-0016