4748 4th Ave S Minneapolis, MN 55419
Field NeighborhoodEstimated Value: $365,000 - $493,000
3
Beds
2
Baths
1,600
Sq Ft
$262/Sq Ft
Est. Value
Highlights
- 1-Story Property
- Forced Air Heating System
- Partially Fenced Property
- Hale Elementary School Rated A-
About This Home
As of November 2022OPPORTUNITY KNOCKS! Rare opportunity to own a solid, well maintained duplex in the Field neighborhood, just steps from Minnehaha Creek! Great for owner occupant or investor. Easy to add more sqft/bedrooms in the lower levels of each unit to further maximize income earning potential. North unit - 2 bed/1 bath - currently rented at $1500/m. South unit 1/1 - will be vacant at closing and ready for it's next tenant (or owner occupant!). Walk to 48th and Chicago, the creek and easy hwy access. Solid building ready for it's next owner. Make sure to check out the 3D matterport tours to virtually 'walk through'! If you're looking to build your wealth through real estate, listen to Will Rogers; " Don't wait to buy real estate. Buy real estate and wait". This one is a GEM!
Last Agent to Sell the Property
Keller Williams Realty Integrity Lakes Listed on: 10/24/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,165
Year Built
- Built in 1955
Lot Details
- Lot Dimensions are 42x129
- Partially Fenced Property
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,600 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Utilities
- Forced Air Heating System
- 100 Amp Service
Community Details
- 2 Units
- Shearers Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1502824110199
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2022
Closed on
Nov 30, 2022
Sold by
Brosdahl Alden R
Bought by
Redig Rianna and Soares Ronaldo
Seller's Agent
Robin Voreis
Keller Williams Realty Integrity Lakes
Buyer's Agent
Rianna Redig
Edina Realty, Inc.
List Price
$374,900
Sold Price
$365,800
Premium/Discount to List
-$9,100
-2.43%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,898
Avg. Annual Appreciation
5.07%
Original Mortgage
$274,350
Outstanding Balance
$267,997
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$146,999
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Redig Rianna | $365,800 | Dca Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Redig Rianna | $274,350 | |
| Previous Owner | Brosdahl Alden R | $78,170 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2022 11/30/22 | Sold | $365,800 | 0.0% | $229 / Sq Ft |
| 11/02/2022 11/02/22 | Pending | -- | -- | -- |
| 10/27/2022 10/27/22 | Off Market | $365,800 | -- | -- |
| 10/24/2022 10/24/22 | For Sale | $374,900 | -- | $234 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $4,591 | $357,000 | $131,000 | $226,000 |
| 2022 | $4,165 | $331,000 | $96,000 | $235,000 |
| 2021 | $4,298 | $300,000 | $69,000 | $231,000 |
| 2020 | $4,117 | $318,000 | $77,700 | $240,300 |
| 2019 | $4,244 | $284,000 | $51,800 | $232,200 |
| 2018 | $3,818 | $284,000 | $51,800 | $232,200 |
| 2017 | $3,609 | $237,500 | $47,100 | $190,400 |
| 2016 | $3,504 | $224,500 | $47,100 | $177,400 |
| 2015 | $3,234 | $200,000 | $47,100 | $152,900 |
| 2014 | -- | $182,000 | $51,500 | $130,500 |
Source: Public Records
Agents Affiliated with this Home
-
Robin Voreis
Seller's Agent in 2022
Robin Voreis
Keller Williams Realty Integrity Lakes
(612) 759-1878
1 in this area
176 Total Sales
-
Rianna Redig
Buyer's Agent in 2022
Rianna Redig
Edina Realty, Inc.
(612) 532-5362
1 in this area
38 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6266473
APN: 15-028-24-11-0199
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