NOT LISTED FOR SALE

Estimated Value: $312,000 - $403,000

2 Beds
2 Baths
1,209 Sq Ft
$279/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $305,000 $252 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,171/month

Highlights

  • Patio
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of December 2022

Looking for a great investment property? Come see this side by side duplex in a convenient location near 2 parks and a bike ride away to Lake Nokomis. Two 1 bedroom/one bath units have hardwood and engineered floors, shared access to separate basements each with washer/dryer, central a/c (new on 6026 side) and new furnaces. Unfinished basements have potential to add finish spaces and increase equity. Each unit has separate utilities. New roof installed Nov 11. Detached 2 car garage with plenty of off street parking. Both units are rented for $1075 and tenants pay gas/electric/cable/lawn/snow. 6024 lease ends 8/31/23 and 6026 lease ends 6/30/23. This is an excellent owner occupied or provide nice cash flow to investor.

Last Agent to Sell the Property

Judy Pletcher

Lakes Area Realty Listed on: 11/02/2022

Last Buyer's Agent

Erik Holm

Bridge Realty, LLC

Bridge Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,940

Year Built

  • Built in 1959

Lot Details

  • 6,534

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,209 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Additional Features

  • Patio
  • Lot Dimensions are 50 x 128

Community Details

  • 2 Units
  • Tingdale Bros Portland Way Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care, snow removal
  • The owner pays for taxes, trash collection, water
  • Assessor Parcel Number 2302824430040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,940

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1959
  • Above Grade Finished Sq Ft: 1209
  • Water Sewer Expenses: 1655
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Full, Unfinished
  • Living Area: 1209
  • Owner Pays: Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s)
  • Appliances: Dryer,Gas Water Heater,Range
  • Total Rooms: 5
  • Amenities: Ceiling Fan(s),Patio
  • Appliances: Dryer,Gas Water Heater,Range
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Neighborhood: Diamond Lake
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 440
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Topography: Level
  • Lot Size: 50 X 128
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 4550.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2302824430040
  • Tax Annual Amount: 3940
  • TaxWithAssessments: 3940.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Gas, Grounds Care, Snow Removal
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Dec 9, 2022
Sold by
Carufel Theresa M
Bought by
Kumsa Mekonen and Abebe Fitsum
Seller's Agent
Judy Pletcher
Lakes Area Realty
Buyer's Agent
Erik Holm
Bridge Realty, LLC
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Current Estimated Value
$336,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,754
Avg. Annual Appreciation
3.71%

Purchase Details

Closed on
Jun 19, 2017
Sold by
Carufel Theresa M
Bought by
Carufel Theresa M
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Kumsa Mekonen $305,000 Executive Title
Carufel Theresa M -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $305,000 -6.2% $252 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
11/02/2022 11/02/22 For Sale $325,000 -- $269 / 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 $4,199 $263,000 $93,000 $170,000
2022 $3,940 $260,000 $80,000 $180,000
2021 $3,794 $232,000 $52,000 $180,000
2020 $3,874 $232,000 $72,300 $159,700
2019 $3,687 $219,000 $48,200 $170,800
2018 $3,357 $203,000 $48,200 $154,800
2017 $3,157 $168,500 $43,800 $124,700
2016 $3,253 $168,500 $43,800 $124,700
2015 $3,046 $150,500 $43,800 $106,700
2014 -- $150,500 $43,800 $106,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6304380

NorthstarMLS

APN: 23-028-24-43-0040