NOT LISTED FOR SALE

505 18th St NW Austin, MN 55912

Estimated Value: $221,000 - $266,432

4 Beds
2 Baths
2,832 Sq Ft
$86/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $210,000 $74 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,704/month

186 Days on Market

Highlights

  • 2 Car Attached Garage
  • Patio
  • 1-Story Property

About This Home

As of May 2024

Superb Side by Side 1-Story Duplex in terrific NW location. Both units have 2 bedrooms, full basements and attached garages. Building has steel siding, newer roof, hot water heat plus central air in one side. Includes all appliances. Live in one, rent out the other. Great investment opportunity.

Last Listed By

Jerry Wolesky

Fawver Agency Listed on: 10/28/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,680

Year Built

  • Built in 1955

Lot Details

  • 8,276

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Boiler Heating System
  • 100 Amp Service
  • Cable TV Available

Additional Features

  • Patio
  • Lot Dimensions are 59.99x135

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, trash collection, water
  • The owner pays for insurance, grounds care, repairs, snow removal, taxes
  • Assessor Parcel Number 344150210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,680

Year Built

Built in 1955

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: 1955
  • Above Grade Finished Sq Ft: 1632
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Partially Finished, Storage Space
  • Living Area: 2832
  • Below Grade Finished Sq Ft: 1200
  • Owner Pays: Insurance, Grounds Care, Repairs, Snow Removal, Taxes
  • Basement YN: Yes
  • Amenities: Patio
  • Appliances: Dryer,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 7
  • Appliances: Dryer,Range
  • Total Rooms: 7
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 708

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Austin
  • SchoolDistrictNumber: 492
  • SchoolDistrictPhone: 507-460-1900

Lot Info

  • Lot Size: 59.99x135
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding
  • Units Total: 2

Rental Info

  • Expenses: 6020.4800

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 344150210
  • Tax Annual Amount: 3680
  • TaxWithAssessments: 3680.0000

Multi Family

  • TenantPays: All Utilities, Cable TV, Electricity, Gas, Trash Collection, Water
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2023
Closed on
May 17, 2024
Sold by
Bennett Properties Of Austin Llc
Bought by
Bigaouette Jonathan and Bigaouette Allison
Seller's Agent
Jerry Wolesky
Fawver Agency
Buyer's Agent
Alex Brainard
Harbor Realty & Management Group LLC
List Price
$249,000
Sold Price
$210,000
Premium/Discount to List
-$39,000
-15.66%
Total Days on Market
186
Views
319
Current Estimated Value
$244,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,108
Avg. Annual Appreciation
15.90%

Purchase Details

Closed on
Apr 18, 2008
Sold by
Bennett James R and Bennett Kelly S
Bought by
Bennett Properties Of Austin Llc

Purchase Details

Closed on
Oct 2, 2006
Sold by
Bliss Charles E and Bliss Gladys E
Bought by
Bennett James R and Bennett Anthony S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.58%
Mortgage Type
New Conventional

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
Bigaouette Jonathan $210,000 --
Bennett Properties Of Austin Llc -- None Available
Bennett James R $152,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bennett James R $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $210,000 -7.5% $74 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/24/2024 04/24/24 Price Changed $227,000 -4.2% $80 / Sq Ft
02/09/2024 02/09/24 Price Changed $237,000 -4.8% $84 / Sq Ft
10/28/2023 10/28/23 For Sale $249,000 -- $88 / 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
2024 $4,054 $247,300 $42,300 $205,000
2023 $4,000 $238,300 $42,300 $196,000
2022 $3,278 $244,700 $42,300 $202,400
2021 $3,150 $180,000 $37,900 $142,100
2020 $2,984 $169,100 $33,400 $135,700
2018 $1,111 $153,000 $33,400 $119,600
2017 $2,222 $0 $0 $0
2016 $2,050 $0 $0 $0
2015 $1,748 $0 $0 $0
2012 $1,748 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6453040

NorthstarMLS

APN: 34-415-0210