NOT LISTED FOR SALE

Estimated Value: $425,312 - $500,000

5 Beds
3 Baths
2,572 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $474,900 $185 Per Sq Ft

Current estimated payment $3,107/month

8 Days on Market

Highlights

  • Patio
  • Forced Air Heating System
  • Property is Fully Fenced
  • Parking Storage or Cabinetry

About This Home

As of September 2023

Delightful up/down duplex in the Minnehaha neighborhood. Main unit features 3BRs, 2BAs, screened rear porch and accesses the main and lower level with finished family room, office, loads of storage, laundry and the 3rd bedroom. The upper unit boasts 2 bedroom, 1 full bath, in-unit laundry and large deck and is tenant occupied Lease is $1200/month and tenant on mo-to-mo with 60 day notice. The main unit is vacant and was previously occupied by a family member. Updates include: 2 new forced-air furnaces and central ACs in 2022, 1 hot water heater for upper unit replaced in 2021, front porch/deck added in 2015, basement remodel (added 3rd bedroom and 3/4 bath) in 2015, oversized 2-car garage constructed in 2014, upper unit kitchen/bath updated in 2014. Huge 2-car garage, fenced backyard, newer windows. Perfect opportunity for the owner/occupier or to add to an investment portfolio!

Last Agent to Sell the Property

Laurie Allen

Coldwell Banker Realty Brokerage Phone: 612-280-8889 Listed on: 07/28/2023

Coldwell Banker Realty

Last Buyer's Agent

Mauricio Molina Bermeo

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,688

Year Built

  • Built in 1981

Lot Details

  • Lot Dimensions are 65x137x55x170
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Duplex
  • Wood Composite

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Cable TV Available

Community Details

  • 2 Units
  • Hiawatha Rgt Of Lts Mathers Outlots Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, fuel
  • The owner pays for insurance, grounds care, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 1702823330030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,688

Year Built

Built in 1981

Lot Details

0

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
  • Association Amenities: Patio
  • Year Built: 1981
  • Above Grade Finished Sq Ft: 1748
  • Water Sewer Expenses: 2100
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable
  • Attribution Contact: 612-280-8889
  • Attribution Contact: 612-280-8889
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Egress Window(s), Finished, Full, Storage Space
  • Living Area: 2572
  • Below Grade Finished Sq Ft: 824
  • Owner Pays: Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s),Main Floor Primary Bedroom,Patio,Porch,Tile Floors
  • Appliances: Dishwasher,Dryer,Gas Water Heater,Microwave,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 9
  • Amenities: Cable,Deck,Tile Floors
  • Appliances: Dishwasher,Dryer,Gas Water Heater,Range
  • Total Rooms: 5
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Chain Link, Composite, Full, Privacy, Wood
  • Neighborhood: Minnehaha
  • PatioPorchType: Deck,Front Porch,Patio,Rear Porch,Screened

Garage/Parking

  • Parking Features: Detached, Concrete, Electric, Garage Door Opener, Storage
  • Garage Square Feet: 576
  • Other Parking Spaces: 2
  • Other Parking Spaces: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: One Per Unit

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Topography: Level
  • Lot Size: 65x137x55x170
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 4330.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1702823330030
  • Tax Annual Amount: 4688
  • TaxWithAssessments: 4688.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Fuel
  • Number Of Refrigerators: One Per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 15, 2023
Sold by
Honeybee Investments Llc
Bought by
Alvarez Benjamin J Huerta and Cunin Rosa Narcisa
Seller's Agent
Laurie Allen
Coldwell Banker Realty
Buyer's Agent
Mauricio Molina Bermeo
eXp Realty
List Price
$474,900
Sold Price
$474,900
Total Days on Market
8
Views
29
Current Estimated Value
$474,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$572
Avg. Annual Appreciation
-0.07%
Original Mortgage
$380,000
Outstanding Balance
$273,484
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$200,844

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 11, 2023
Sold by
Vandenbroeke Ronald F
Bought by
Honeybee Investments Llc
Seller's Agent
Laurie Allen
Coldwell Banker Realty
Buyer's Agent
Mauricio Molina Bermeo
eXp Realty
List Price
$474,900
Sold Price
$474,900
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$273,484
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$200,844

Purchase Details

Closed on
Jun 20, 2018
Sold by
Vandenbroeke Gloria S and Vandenbroeke Ronald F
Bought by
Vandenbroeke Ronald F

Purchase Details

Listed on
Mar 31, 2014
Closed on
Mar 31, 2014
Sold by
Zirbes Audrey J
Bought by
Vandenbroeke Gloria S and Vandenbroeke Ronald F
Seller's Agent
Benjamin Crotty
Rice Realty LLC
Buyer's Agent
Laurie Allen
Coldwell Banker Burnet
List Price
$240,000
Sold Price
$165,000
Premium/Discount to List
-$75,000
-31.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$123,750
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2012
Sold by
Zirbes Audrey J
Bought by
Clift Ashley J
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
Alvarez Benjamin J Huerta $522,390 --
Honeybee Investments Llc $474,900 Executive Title Services
Vandenbroeke Ronald F -- None Available
Vandenbroeke Gloria S $165,000 Burnet Title
Clift Ashley J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Honeybee Investments Llc $380,000
Previous Owner Vandenbroeke Gloria S $123,750
Previous Owner Zirbes Audrey J $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $474,900 0.0% $185 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $474,900 +187.8% $185 / Sq Ft
03/31/2014 03/31/14 Sold $165,000 -31.3% $63 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $240,000 -- $92 / 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
2023 $5,323 $409,000 $93,000 $316,000
2022 $5,078 $361,000 $83,000 $278,000
2021 $4,423 $370,000 $61,000 $309,000
2020 $3,915 $336,500 $76,400 $260,100
2019 $3,906 $280,500 $50,900 $229,600
2018 $3,489 $272,500 $50,900 $221,600
2017 $2,830 $200,500 $46,300 $154,200
2016 $3,870 $200,400 $46,300 $154,100
2015 $3,988 $197,000 $39,500 $157,500
2014 -- $179,000 $39,500 $139,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6409522

NorthstarMLS

APN: 17-028-23-33-0030