NOT LISTED FOR SALE

Estimated Value: $220,000 - $240,000

5 Beds
3 Baths
2,038 Sq Ft
$113/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $140,000 $69 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,395/month

54 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Landscaped
  • Franklin Elementary School Rated A
  • Woodwork
  • Forced Air Heating and Cooling System

About This Home

As of July 2015

Calling all investors! here is a solid home with a current rental license for 5 unrelated. Home has been well taken care off and maintained. The living space in this home is amazing! All 5 bedrooms are large with good size closets. Oak stained kitchen cabinets, large dining and living room with a nice sun room off of the living room. It also offers a bathroom on each level, front porch and plenty of off street parking. Recently, carpets were replaced, a/c and furnace. This home is ready to start cash-flowing!

Last Agent to Sell the Property

Carlos Carrera

RE/MAX DYNAMIC AGENTS Listed on: 04/29/2015

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Carlos Carrera

RE/MAX DYNAMIC AGENTS Listed on: 04/29/2015

RE/MAX DYNAMIC AGENTS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,284

Year Built

  • 1919

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Landscaped
  • Few Trees

Parking

  • 1 Car Detached Garage
  • 5 Parking Spaces Included
  • Shared Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Stucco Exterior

Interior Spaces

  • 2,038 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electric, trash, water/sewer, fuel
  • The owner pays for maint/repair
  • Assessor Parcel Number R01.09.07.479.013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,284

Year Built

1919

Lot Details

0

Parking

1

Listing Details

  • Class: MULTI-FAMILY
  • Style: Single Family Rental (L)
  • Construction: Previously Owned
  • Foundation Size: 884
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R01.09.07.479.013
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Estimated Number of Acres: 0.16
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1919

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2038
  • Total Square Footage: 2922

Exterior Features

  • Frontage Road: City, Curb/Gutters, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Aluminum, Brick, Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Concrete, Driveway - Shared

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1
  • Number Off Street Parking: 4

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Lot/Land Description: Landscaped, Tree Coverage - Light, Paved Streets
  • Estimated Lot Dimensions: 50x140

Rental Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jul 24, 2015
Sold by
Glenz Michael Michael
Seller's Agent
Carlos Carrera
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Carlos Carrera
RE/MAX DYNAMIC AGENTS
List Price
$154,900
Sold Price
$140,000
Premium/Discount to List
-$14,900
-9.62%
Current Estimated Value
$229,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,842
Avg. Annual Appreciation
4.89%
Original Mortgage
$140,000
Outstanding Balance
$109,846
Interest Rate
4.04%
Estimated Equity
$119,996
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $140,000 -9.6% $69 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $154,900 -- $76 / 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
2025 $2,284 $204,300 $24,500 $179,800
2024 $2,284 $200,300 $24,500 $175,800
2023 $2,444 $202,800 $24,500 $178,300
2022 $2,268 $188,600 $24,500 $164,100
2021 $2,246 $160,100 $24,500 $135,600
2020 $2,156 $150,300 $24,500 $125,800
2019 $1,846 $150,300 $24,500 $125,800
2018 $1,792 $143,100 $24,500 $118,600
2017 $1,618 $139,700 $24,500 $115,200
2016 $1,470 $131,800 $24,500 $107,300
2015 $14 $120,100 $24,500 $95,600
2014 $1,688 $347,400 $73,500 $273,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7008224

REALTOR® Association of Southern Minnesota

APN: R01-09-07-479-013