NOT LISTED FOR SALE

Estimated Value: $594,000 - $737,000

6 Beds
2 Baths
2,958 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $585,000 $198 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,236/month

17 Days on Market

About This Home

As of May 2024

One of the 6 duplexes you drive by on 50th & Lyndale and wish was for sale! In addition to rare 3BR units, this duplex features countless special details- built-in bookcases, arched doorways, adorable breakfast nooks, and countless other details expected of a Craftsman-era duplex. MAC updates make this a quiet place to live. And of course, you're walking distance from Minnehaha Creek, groceries and more. Perhaps best of all, it's a value-add opportunity, making it the perfect candidate for both an owner occupant looking to house hack or an investor.

Last Agent to Sell the Property

Kari Lundin

Keller Williams Realty Integrity Listed on: 04/05/2024

Keller Williams Realty Integrity

Last Buyer's Agent

Paul Begich

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,127

Year Built

  • Built in 1926

Lot Details

  • 6,098

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,958 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 125x50
  • Hot Water Heating System

Community Details

  • 2 Units
  • Aldrich Park Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, fuel
  • Assessor Parcel Number 1602824140004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,127

Year Built

Built in 1926

Lot Details

6,098 Sq Ft Lot

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
  • Year Built: 1926
  • Above Grade Finished Sq Ft: 2958
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 2958
  • Basement YN: Yes
  • Amenities: Main Floor Primary Bedroom
  • Appliances: Dishwasher,Gas Water Heater,Range
  • Number Of Fireplaces: 1
  • Appliances: Range
  • Number Of Fireplaces: 1

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • ConstructionMaterialsDesc: Frame
  • Neighborhood: Lynnhurst

Garage/Parking

  • Parking Features: Detached
  • Other Parking Spaces: 1

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 125x50
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1602824140004
  • Tax Annual Amount: 10127
  • TaxWithAssessments: 10126.7200

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
May 23, 2024
Sold by
4942 Lyndale Ave S Llc
Bought by
Londo Tanner J
Seller's Agent
Kari Lundin
Keller Williams Realty Integrity
Buyer's Agent
Paul Begich
Compass
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%
Views
1267
Current Estimated Value
$651,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,110
Avg. Annual Appreciation
6.06%
Original Mortgage
$555,750
Outstanding Balance
$547,957
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$103,153

Purchase Details

Closed on
Feb 26, 2020
Sold by
Pavey Thomas E and Pavey Susan R
Bought by
4942 Lyndale Ave S Llc
Source: Public Records
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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
Londo Tanner J $585,000 Stewart Title Company
4942 Lyndale Ave S Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Londo Tanner J $555,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2024 05/23/24 Sold $585,000 +1.7% $198 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $575,000 -- $194 / Sq Ft
Source: NorthstarMLS

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
2024 $9,084 $592,000 $240,000 $352,000
2023 $10,127 $622,000 $221,000 $401,000
2022 $9,298 $544,000 $203,000 $341,000
2021 $8,968 $535,000 $163,000 $372,000
2020 $9,687 $535,000 $187,600 $347,400
2019 $9,946 $535,000 $187,600 $347,400
2018 $8,996 $535,000 $187,600 $347,400
2017 $8,377 $434,000 $170,500 $263,500
2016 $8,236 $413,500 $170,500 $243,000
2015 $7,535 $359,500 $170,500 $189,000
2014 -- $324,500 $154,100 $170,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6510438

NorthstarMLS

APN: 16-028-24-14-0004

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