532 1st Ave NE Osseo, MN 55369
Osseo NeighborhoodEstimated Value: $342,000 - $382,000
4
Beds
3
Baths
2,798
Sq Ft
$129/Sq Ft
Est. Value
Highlights
- Front Porch
- Forced Air Heating System
- 3-minute walk to Boerboom Veterans Park
About This Home
As of October 2023Osseo's Triplex Gem Awaits! Dive into a spacious 2,798 sq. ft. triplex that beautifully marries the classic charm of the 1940s with today's conveniences. The property has recently updated boilers, water heaters, and upgraded electric panels In unit's 1 & 3, ensuring a hassle-free living or leasing experience. New Roof is also being installed. Strategically positioned, this triplex enjoys the advantage of being a stone's throw from vibrant downtown Osseo. This ensures that residents have easy access to local dining, shopping, and entertainment options, while still enjoying the tranquility of a residential setting.
Listed at $350K, this property stands out as an invaluable asset for those looking to invest in Osseo's real estate market. Whether you're a homeowner looking for multiple income streams or an investor seeking a promising return, this triplex offers a golden opportunity. Experience Osseo living at its finest!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,011
Year Built
- Built in 1940
Lot Details
- 10,454
Home Design
- Triplex
Interior Spaces
- 2-Story Property
- Finished Basement
- Basement Window Egress
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Utilities
- Forced Air Heating System
- Boiler Heating System
Additional Features
- Front Porch
- Lot Dimensions are 63x163
Community Details
- 3 Units
- Auditors Sub 037 Subdivision
Listing and Financial Details
- Assessor Parcel Number 1811921220147
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2023
Closed on
Oct 13, 2023
Sold by
3 Rivers Robbinsdale Llc
Bought by
Heyne Christopher and Nguyen Laura
Seller's Agent
Steven Milkovich
Real Broker, LLC
Buyer's Agent
Kristine Spratt
Edina Realty, Inc.
List Price
$350,000
Sold Price
$350,000
Total Days on Market
48
Views
118
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,557
Avg. Annual Appreciation
1.88%
Original Mortgage
$262,500
Outstanding Balance
$258,984
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$101,546
Purchase Details
Listed on
Aug 18, 2023
Closed on
Oct 11, 2023
Sold by
3 Rivers Robbinsdale Llc
Bought by
Heyne Christopher and Nguyen Md Laura
Seller's Agent
Steven Milkovich
Real Broker, LLC
Buyer's Agent
Kristine Spratt
Edina Realty, Inc.
List Price
$350,000
Sold Price
$350,000
Views
118
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Outstanding Balance
$258,984
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$101,546
Purchase Details
Closed on
Aug 31, 2020
Sold by
Wiley Enterprises Inc
Bought by
3 Rivers Robbinsdale Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,600
Interest Rate
2.9%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Home in Osseo, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Heyne Christopher | $350,000 | The Title Group | |
| Heyne Christopher | $350,000 | -- | |
| 3 Rivers Robbinsdale Llc | $271,800 | Land Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Heyne Christopher | $262,500 | |
| Closed | Heyne Christopher | $262,500 | |
| Previous Owner | 3 Rivers Robbinsdale Llc | $244,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2023 10/13/23 | Sold | $350,000 | 0.0% | $125 / Sq Ft |
| 10/06/2023 10/06/23 | Pending | -- | -- | -- |
| 10/02/2023 10/02/23 | For Sale | $350,000 | 0.0% | $125 / Sq Ft |
| 09/01/2023 09/01/23 | Pending | -- | -- | -- |
| 08/18/2023 08/18/23 | For Sale | $350,000 | -- | $125 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $6,098 | $306,900 | $90,000 | $216,900 |
| 2022 | $4,514 | $295,000 | $88,000 | $207,000 |
| 2021 | $4,122 | $252,000 | $84,000 | $168,000 |
| 2020 | $5,021 | $227,000 | $58,000 | $169,000 |
| 2019 | $4,926 | $237,000 | $64,000 | $173,000 |
| 2018 | $4,918 | $220,000 | $70,000 | $150,000 |
| 2017 | $4,629 | $186,000 | $43,000 | $143,000 |
| 2016 | $4,665 | $184,000 | $37,000 | $147,000 |
| 2015 | $4,456 | $164,000 | $31,000 | $133,000 |
| 2014 | -- | $141,000 | $22,000 | $119,000 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Milkovich
Seller's Agent in 2023
Steven Milkovich
Real Broker, LLC
(218) 349-7375
1 in this area
232 Total Sales
-
Caleb Carlson
Seller Co-Listing Agent in 2023
Caleb Carlson
Real Broker, LLC
(701) 520-8569
1 in this area
407 Total Sales
-
Kristine Spratt
Buyer's Agent in 2023
Kristine Spratt
Edina Realty, Inc.
(612) 834-3465
1 in this area
154 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6419171
APN: 18-119-21-22-0147
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