$215,000
SOLD AUG 30, 2013
4 Beds
3 Baths
2,210 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$97 Per Sq Ft

8% Above List Price

16 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Flooring

About This Home

As of March 2014

Sharp side by side in great south MPLS area close to parks, bus lines, freeways, etc. One BR on 5921 side, 3 BR's & 2 baths on 5923 side. Perfect for owner occupant with rental income. Hrdwd flrs, low maintenance exterior, separate bsmts & central air.

Last Agent to Sell the Property

Stephen Townley

RE/MAX Results Listed on: 05/23/2013

Co-Listed By

Christopher Deming

RE/MAX Results

Last Buyer's Agent

Brent Breen

Net Worth Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,948

Year Built

  • Built in 1947

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 51x118
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,210 Sq Ft Home
  • Wood Flooring
  • Range

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Additional Features

  • Property is near public transit
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, fuel, lawn, snow, trash, water/sewer
  • The owner pays for maint/repair

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,948

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Construction: Previously Owned
  • Projected Closed Date: 08/30/2013
  • Street Designation: Avenue
  • Taxes With Assessments: 4948
  • Estimated Number of Acres: 0.14
  • Comp Dev Subdiv Name: Diamond Lake
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2210
  • Total Fin Square Footage: 2210

Exterior Features

  • Frontage Road: Curb/Gutters, City, Sidewalk
  • Exterior: Brick
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 51x118

Rental Info

  • Owner Expense: Maint/Repair
  • Tenant Expense: Electric, Fuel, Lawn, Snow, Trash, Water/Sewer

Building Info

  • Year Built: 1947

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 9385

Tax Info

  • Year: 2013
  • Tax Value: 4948

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2016
Sold by
Pusey Brittany N and Pusey Andrew R
Bought by
Steinke Nancy R
Current Estimated Value
$571,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,300
Outstanding Balance
$160,955
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$410,677

Purchase Details

Listed on
Jan 7, 2014
Closed on
Mar 5, 2014
Sold by
J P Renovations Inc
Bought by
Pusey Andrew R and Pusey Brittany N
Seller's Agent
Brent Breen
Net Worth Realty, Inc
Buyer's Agent
Randy Kannas
One Source Realty
List Price
$329,900
Sold Price
$321,000
Premium/Discount to List
-$8,900
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$304,950
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 7, 2014
Closed on
Feb 18, 2014
Sold by
Patterson Joshua L and Patterson Rebecca M
Bought by
J P Renovations Inc
Seller's Agent
Brent Breen
Net Worth Realty, Inc
Buyer's Agent
Randy Kannas
One Source Realty
List Price
$329,900
Sold Price
$321,000
Premium/Discount to List
-$8,900
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,950
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
May 23, 2013
Closed on
Aug 30, 2013
Sold by
Magnuson Kent N and Cashore Laura E
Bought by
J P Renovations Inc
Seller's Agent
Stephen Townley
RE/MAX Results
Buyer's Agent
Brent Breen
Net Worth Realty, Inc
List Price
$199,900
Sold Price
$215,000
Premium/Discount to List
$15,100
7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
119.44%
Original Mortgage
$192,700
Interest Rate
4.38%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Warranty Deed $409,300 Titlenexus Llc
Warranty Deed $321,000 Gibraltar Title Agency Llc
Quit Claim Deed -- Gibraltar Title Agency Llc
Warranty Deed $215,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Commercial
Open $199,300 New Conventional
Previous Owner $302,502 FHA
Previous Owner $304,950 FHA
Previous Owner $192,700 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2014 03/05/14 Sold $321,000 -2.7% $119 / Sq Ft
02/15/2014 02/15/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $329,900 +53.4% $122 / Sq Ft
08/30/2013 08/30/13 Sold $215,000 +7.6% $97 / Sq Ft
06/08/2013 06/08/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $199,900 -- $90 / 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
2023 $6,801 $518,000 $110,000 $408,000
2022 $6,457 $511,000 $110,000 $401,000
2021 $6,260 $466,000 $81,000 $385,000
2020 $6,454 $467,500 $75,900 $391,600
2019 $6,151 $445,000 $50,600 $394,400
2018 $5,525 $412,000 $50,600 $361,400
2017 $4,631 $309,000 $46,000 $263,000
2016 $5,449 $273,600 $46,000 $227,600
2015 $4,736 $234,000 $49,400 $184,600
2014 -- $214,000 $49,400 $164,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4483214

REALTOR® Association of Southern Minnesota

APN: 23-028-24-31-0064