NOT LISTED FOR SALE

Estimated Value: $444,000 - $511,000

4 Beds
2 Baths
2,000 Sq Ft
$237/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $248,500 $124 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,269/month

9 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Landscaped with Trees
  • 5-minute walk to Keewaydin Park

About This Home

As of June 2014

Well-maintained side x side duplex 2 block from Lake Nokomis. 2 BR, 1 bath. HW floors, separate utilities and basements. Newer applicances, MAC Part 150 updated. New concrete back and front 2 car garage.

Last Agent to Sell the Property

Kevin O'Brien

Edina Realty, Inc. Listed on: 05/06/2014

Last Buyer's Agent

Steven Imhoff

Rare Form Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,341

Year Built

  • Built in 1929

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x128
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,000 Sq Ft Home
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Additional Features

  • Property is near public transit
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel
  • The owner pays for lawn, maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,341

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Construction: Previously Owned
  • Projected Closed Date: 06/07/2014
  • Taxes With Assessments: 3341
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2000
  • Total Fin Square Footage: 2000

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Concrete

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium
  • Estimated Lot Dimensions: 40x128

Rental Info

  • Owner Expense: Lawn, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Fuel

Building Info

  • Year Built: 1929

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2014
  • Tax Value: 3341

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2014
Closed on
Jun 6, 2014
Sold by
Wright Peter G and Wright Renae L
Bought by
Padget Ryan
Seller's Agent
Kevin O'Brien
Edina Realty, Inc.
Buyer's Agent
Steven Imhoff
Rare Form Properties
List Price
$239,000
Sold Price
$248,500
Premium/Discount to List
$9,500
3.97%
Total Days on Market
9
Current Estimated Value
$474,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,590
Avg. Annual Appreciation
6.05%
Original Mortgage
$186,375
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1997
Sold by
Southam James William and Southam Carole Elaine
Bought by
Wright Peter G and Wright Renee L
Source: Public Records

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Range of Values:

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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
Padget Ryan $248,500 Edina Realty Title Inc
Wright Peter G $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padget Ryan D $315,000
Closed Padget Ryan $186,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2014 06/06/14 Sold $248,500 +4.0% $124 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
05/06/2014 05/06/14 For Sale $239,000 -- $120 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $7,296 $457,000 $122,000 $335,000
2022 $6,506 $442,000 $116,000 $326,000
2021 $6,265 $383,000 $89,000 $294,000
2020 $5,642 $383,000 $65,000 $318,000
2019 $5,793 $319,000 $43,300 $275,700
2018 $5,273 $319,000 $43,300 $275,700
2017 $4,975 $265,500 $39,400 $226,100
2016 $4,605 $238,500 $39,400 $199,100
2015 $3,450 $222,000 $39,400 $182,600
2014 -- $203,500 $39,400 $164,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4612656

REALTOR® Association of Southern Minnesota

APN: 13-028-24-41-0131