$135,000
SOLD MAY 9, 2016

521 3rd Ave SW Cambridge, MN 55008

5 Beds
3 Baths
1,954 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

2% Below List Price

55 Days on Market

Highlights

  • Forced Air Heating System
  • Coin Laundry
  • 4-minute walk to Cambridge city park
  • Baseboard Heating

About This Home

As of October 2021

Tri-plex located in Cambridge. close to schools, shopping and hospital. All units are currently rented. This home has had upgrades to include a new roof, siding, paint, carpeting, etc. Professionally managed. You can cash flow this one!

Last Agent to Sell the Property

Sara Hughes

Chopp Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 70x142
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Natural lighting in basement

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for cable t.v., electric, fuel
  • Assessor Parcel Number 150480350

Community Details

Overview

Amenities

  • Coin Laundry

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,838

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Outside Features: Metal
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Fuel Type: Natural Gas
  • Numberof Ranges: Three
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1954.00
  • Above Grade Finished Area Search: 1954.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 715.00
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 9816
  • Listing Organization: Iowa
  • Living Area Finished: 2669.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 150480350
  • Refrigerator Number: Three
  • Rental License: No
  • Stories Type: Two
  • Tax Assessment Balance: 2595.92
  • Water Sewer Expenses: 1920.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Daylight/Lookout Windows, Finished (Livable), Walkout
  • Stories: 2
  • Below Grade Finished Sq Ft: 715.00

Beds/Baths

  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt Shingles
  • PoolFeatures: None
  • Fencing: None

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: City Sewer/Connected

Schools

  • School District: 911 - Cambridge-Isanti
  • School District Phone: 763-689-6188

Lot Info

  • Zoning: Residential-Multi-Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • Assessment Pending: No
  • Lot Size: 70x142
  • Homestead: No
  • Lot Features: Tree Coverage - Light
  • Lot Size Acres: 0.2300
  • Lot Size Area Units: Square Feet

Rental Info

  • Owner Pays: Insurance, Lawn, Maintenance/Repair, Snow, Taxes, Trash, Water/Sewer

Building Info

  • Units Total: 3.00

Tax Info

  • TaxLegalDescription: CONGERS ADDITION LOT-003 BLOCK-007 L 3 & W 20'OF L 2, B 7
  • Tax Amount: 1838.00
  • Tax Year: 2015
  • Tax With Assessments: 4428.14
  • Assessor Parcel Number: 150480350

Multi Family

  • TenantPays: Cable T.V., Electric, Fuel
  • Unit Count: 3
  • ElectricExpense: 396.00
  • Above Grade Finished Sq Ft: Square Feet
  • FuelExpense: 396.00

MLS Schools

  • School District Name: 911 - Cambridge-Isanti

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2016
Closed on
May 5, 2016
Sold by
Solinger Fred Fred
Bought by
Nesbitt Theresa Theresa
Seller's Agent
Sara Hughes
Chopp Realty Services
List Price
$137,777
Sold Price
$135,000
Premium/Discount to List
-$2,777
-2.02%
Total Days on Market
55
Current Estimated Value
$295,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,802
Avg. Annual Appreciation
9.09%
Original Mortgage
$101
Outstanding Balance
$65
Interest Rate
3.59%
Mortgage Type
Commercial
Estimated Equity
$295,737

Map

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 Type Sale Price Title Company
Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $101 Commercial
Open $101,250 No Value Available
Previous Owner $147,800 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $259,900 0.0% $97 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $259,900 +92.5% $97 / Sq Ft
05/09/2016 05/09/16 Sold $135,000 -2.0% $69 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $137,777 -- $71 / 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 $3,944 $270,600 $17,400 $253,200
2023 $3,292 $270,600 $17,400 $253,200
2022 $2,802 $214,400 $17,400 $197,000
2021 $2,766 $157,800 $17,400 $140,400
2020 $2,898 $155,400 $17,400 $138,000
2019 $2,782 $161,400 $0 $0
2018 $2,818 $145,700 $0 $0
2016 $3,098 $0 $0 $0
2015 $3,284 $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Source: NorthstarMLS

MLS Number: NST4670122

NorthstarMLS

APN: 15.048.0350