NOT LISTED FOR SALE

Estimated Value: $311,000 - $348,000

40 Beds
36 Baths
1,820 Sq Ft
$180/Sq Ft Est. Value

Sale Details

Date Sold: February 17, 2017

Last sale price $2,038,775 $1,120 Per Sq Ft

Current estimated payment $2,283 / mo

93 Days on Market

Highlights

  • Deck
  • 18 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Washington Elementary School Rated 9+
  • Landscaped with Trees
  • Partially Fenced Property

About This Home

As of February 2017

Willowbrook is a luxury student housing project that was built in two phases, with Phase II delivering in 2015 and Phase I in 2003. There are 9 separate units with 40 total beds and $216,000 gross income scheduled for the 2016/2017 leasing season. The entire project is leased for next year. These beautiful luxury townhomes feature both 4 and 5 bedroom units. All units feature dishwashers and 2nd floor laundry. All units feature 4 baths and very large 3 level layouts. Some units have lofted 3rd floor while others have full basements. Phase I has fireplaces and Jacuzzi tubs in the units.

Last Agent to Sell the Property

Jon Kietzer

LANDMARK REAL ESTATE Listed on: 10/17/2016

Last Buyer's Agent

Barb Raddatz

LANDMARK REAL ESTATE License #00089909

Property Details

Home Type

  • Apartment

Year Built

  • 2015

Lot Details

  • 2,178 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped with Trees

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 18 Car Attached Garage
  • 4 Parking Spaces Included
  • Driveway
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 40 Bedrooms
  • 36 Bathrooms

Finished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Association fees include snow removal

Listing and Financial Details

  • Tenant pays for broadband, cable TV, electric, fuel, water/sewer
  • The owner pays for fee, lawn, maint/repair, snow
  • Assessor Parcel Number R01.09.17.454.038

Property Details

Home Type

Apartment

Year Built

2015

Lot Details

2,178 Sq Ft Lot

HOA Fees

$200 per month

Parking

18

Listing Details

  • Class: MULTI-FAMILY
  • Style: Apartment Building (L)
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 778
  • L V T Date: 10/19/2016
  • Mechanicals: Water Heater - Gas, Sump Pump
  • Parcel Number: R01.09.17.454.038
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Road
  • Percentage Of Ownership: 100
  • Estimated Number of Acres: 0.05
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2015

Interior Features

  • Total Bedrooms: 40
  • Total Bathrooms: 36
  • Basement Features: Finished, Sump Pump
  • Basement Material: Poured Concrete
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1820
  • Total Square Footage: 2598
  • Below Grade Finished Sq Ft: 778

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Poured Concrete
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Exterior Amenities: Deck, Driveway - Asphalt, Fenced Yard - Partial

Garage/Parking

  • Garage Type: Attached
  • Number Garage Spaces: 18
  • Number Off Street Parking: 18

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 200

Lot Info

  • Lot/Land Description: Landscaped, Tree Coverage - Medium, Paved Streets
  • Estimated Lot Dimensions: 2326

Rental Info

  • Owner Expense: Association Fee, Lawn, Maint/Repair, Snow
  • Tenant Expense: Broadband, Cable TV, Electric, Fuel, Water/Sewer

Multi Family

  • Est Annual Gross Expense: 216000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2018
Sold by
Bought by
Current Estimated Value
$326,764

Purchase Details

Listed on
Oct 17, 2016
Closed on
Feb 17, 2017
Sold by
Bought by
Seller's Agent
Jon Kietzer
LANDMARK REAL ESTATE
Buyer's Agent
Barb Raddatz
LANDMARK REAL ESTATE
List Price
$2,200,000
Sold Price
$2,038,775
Premium/Discount to List
-$161,225
-7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.71%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$2,038,776 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,700,000
Closed $70,000
Closed $120,000
Closed $30,000
Closed $115,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/17/2017 02/17/17 Sold $2,038,775 -7.3% $1,120 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
10/17/2016 10/17/16 For Sale $2,200,000 -- $1,209 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,948 $319,200 $14,900 $304,300
2025 $3,948 $327,500 $14,900 $312,600
2024 $3,506 $308,400 $14,900 $293,500
2023 $3,386 $288,500 $14,900 $273,600
2022 $2,994 $288,500 $14,900 $273,600
2021 $2,998 $235,100 $14,900 $220,200
2020 $2,756 $214,900 $14,900 $200,000
2019 $2,620 $214,900 $14,900 $200,000
2018 $2,438 $203,700 $14,900 $188,800
2017 $2,142 $190,500 $14,900 $175,600
2016 $2,132 $175,000 $14,900 $160,100
2015 $19 $175,000 $14,900 $160,100
2014 $1,850 $481,800 $44,700 $437,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7013090

REALTOR® Association of Southern Minnesota

APN: R01-09-17-454-028

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