NOT LISTED FOR SALE

5354 Main St E Maple Plain, MN 55359

Estimated Value: $315,000 - $324,838

7 Beds
3 Baths
2,464 Sq Ft
$130/Sq Ft Est. Value

Last Sold November 18, 2024

Last sale price $311,000 $126 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,131/month

16 Days on Market

Highlights

  • 1-Story Property
  • Schumann Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of November 2024

Quiet, serene setting surrounded by trees. Single story triplex, straight in access to each unit.
(1) large single car garage and (1) two car garage. West and North side lawn (fenced). Metal, slight pitched roof, stucco siding. Well designed, floor plans, full bath in each.
Two, 2-bedroom units. One, 3-bedroom unit. Unit 3 is currently used as an office.
Each unit is individually metered. Off street and on street parking.
Zoning: Mixed Use Downtown District. One block off Hwy 12 and a short walk to McGarry’s Pub, Blackwater Coffee & Café, Post Office, Library and other amenities.
15 minutes to 494/394 Interchange. Use showing time to schedule tours, call or email agents.

Last Agent to Sell the Property

Jeff Stedman

Keller Williams Premier Realty Lake Minnetonka Listed on: 09/10/2024

Keller Williams Premier Realty Lake Minnetonka

Co-Listed By

Rick Bateson

Keller Williams Premier Realty Lake Minnetonka

Last Buyer's Agent

Emma Tulkki

Pemberton RE

Pemberton RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 1914

Lot Details

  • 0.29

Parking

  • 3 Car Garage
  • Open Parking

Home Design

  • Triplex

Interior Spaces

  • 2,464 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 3 Units
  • West Maple Plain Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for insurance, grounds care, repairs, snow removal, taxes, trash collection
  • Assessor Parcel Number 2411824340082

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,232

Year Built

Built in 1914

Lot Details

0

Parking

3

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1914
  • Above Grade Finished Sq Ft: 2464
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Living Area: 2464
  • Owner Pays: Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection
  • Basement YN: No
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Roof: Age 8 Years or Less

Garage/Parking

  • Parking Features: Detached, Open

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Three

Schools

  • Junior High Dist: Orono
  • SchoolDistrictPhone: 952-449-8305

Lot Info

  • Lot Size: Common
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Business/Commercial
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2411824340082
  • Tax Annual Amount: 2232
  • TaxWithAssessments: 2232.3900

Multi Family

  • TenantPays: Electricity, Gas
  • Number Of Refrigerators: Three

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Nov 25, 2024
Sold by
Tulkki Michael and Tulkki Emma
Bought by
Pine Properties Llc
Seller's Agent
Jeff Stedman
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
Emma Tulkki
Pemberton RE
List Price
$315,000
Sold Price
$311,000
Premium/Discount to List
-$4,000
-1.27%
Views
10
Current Estimated Value
$319,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,710
Avg. Annual Appreciation
2.77%
Original Mortgage
$311,000
Outstanding Balance
$307,904
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$11,806

Purchase Details

Listed on
Sep 10, 2024
Closed on
Nov 18, 2024
Sold by
Archer Management Llc
Bought by
Tulkki Michael
Seller's Agent
Jeff Stedman
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
Emma Tulkki
Pemberton RE
List Price
$315,000
Sold Price
$311,000
Premium/Discount to List
-$4,000
-1.27%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Outstanding Balance
$307,904
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$11,806

Purchase Details

Closed on
Aug 5, 2008
Sold by
Wolf Thomas S and Rieff Ann M
Bought by
Archer Management Llc

Purchase Details

Closed on
Aug 2, 2005
Sold by
Wolf Thomas S and Rieff Ann M
Bought by
Archer Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Pine Properties Llc $500 None Listed On Document
Tulkki Michael $311,000 --
Archer Management Llc $300,000 --
Archer Management Llc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tulkki Michael $311,000
Previous Owner Archer Management Llc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2024 11/18/24 Sold $311,000 0.0% $118 / Sq Ft View Prior Sale
11/18/2024 11/18/24 Sold $311,000 -1.3% $126 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
09/26/2024 09/26/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $315,000 0.0% $128 / Sq Ft
08/21/2024 08/21/24 For Sale $315,000 -- $119 / 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
2024 $5,315 $324,000 $102,000 $222,000
2023 $4,465 $301,000 $79,000 $222,000
2022 $5,708 $96,000 $28,000 $68,000
2021 $5,599 $92,000 $26,000 $66,000
2020 $5,525 $262,000 $71,000 $191,000
2019 $5,442 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6590874

NorthstarMLS

APN: 24-118-24-34-0082