608 Wells St Saint Paul, MN 55130
Payne-Phalen Neighborhood
3
Beds
2
Baths
1,302
Sq Ft
4,792
Sq Ft Lot
About This Home
As of March 2025Excellent cash flow opportunity in the Payne Phalen neighborhood of Saint Paul. Up down Duplex with great potential to improve and force appreciation while collecting great rents.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1889
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,302 Sq Ft Home
- 2-Story Property
- Partial Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Lot Dimensions are 40x128
- Hot Water Heating System
Community Details
- 2 Units
- Stinsons Sub Of B36 Arlington Subdivision
Listing and Financial Details
- Tenant pays for electricity
- Assessor Parcel Number 292922420196
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2024
Closed on
Feb 12, 2025
Sold by
Persaud Reakha
Bought by
Shiu Alvin
Seller's Agent
Andrew DeLong
Realty ONE Group SIMPLIFIED
Buyer's Agent
Zacary Graden
DOT-REALTY LLC
List Price
$195,000
Sold Price
$189,000
Premium/Discount to List
-$6,000
-3.08%
Views
219
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
-$3,838
Avg. Annual Appreciation
-5.12%
Original Mortgage
$141,750
Outstanding Balance
$141,158
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$44,004
Purchase Details
Listed on
Jun 4, 2024
Closed on
Aug 19, 2024
Sold by
Pinpoint Homes Llc
Bought by
Persaud Reakha
Seller's Agent
Caleb Carlson
Real Broker, LLC
Buyer's Agent
Patrick Dolan
Dolan Real Estate
List Price
$199,999
Sold Price
$175,000
Premium/Discount to List
-$24,999
-12.5%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.32%
Original Mortgage
$131,250
Interest Rate
6.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 12, 2018
Sold by
608 Wells Llc
Bought by
Pinpoint Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 23, 2002
Sold by
Syndice Group Ii Llc
Bought by
Stenroos John
Similar Homes in Saint Paul, MN
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $189,000 | West Title | |
| Warranty Deed | $175,000 | Watermark Title | |
| Warranty Deed | $145,273 | Partners Title Llc | |
| Deed | $136,133 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $141,750 | New Conventional | |
| Previous Owner | $131,250 | New Conventional | |
| Previous Owner | $1,169,250 | New Conventional | |
| Previous Owner | $175,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $172,800 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2025 03/04/25 | Sold | $189,000 | -3.1% | $145 / Sq Ft |
| 12/26/2024 12/26/24 | For Sale | $195,000 | +11.4% | $150 / Sq Ft |
| 08/20/2024 08/20/24 | Sold | $175,000 | -12.5% | $134 / Sq Ft |
| 06/24/2024 06/24/24 | Pending | -- | -- | -- |
| 06/04/2024 06/04/24 | For Sale | $199,999 | -- | $154 / 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 | $4,898 | $213,200 | $20,000 | $193,200 |
| 2022 | $4,482 | $182,100 | $20,000 | $162,100 |
| 2021 | $4,902 | $165,600 | $20,000 | $145,600 |
| 2020 | $3,376 | $161,800 | $7,000 | $154,800 |
| 2019 | $2,558 | $140,200 | $7,000 | $133,200 |
| 2018 | $2,368 | $116,700 | $7,000 | $109,700 |
| 2017 | $2,092 | $103,700 | $7,000 | $96,700 |
| 2016 | $1,786 | $0 | $0 | $0 |
| 2015 | $1,790 | $69,100 | $7,000 | $62,100 |
| 2014 | $1,598 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew DeLong
Seller's Agent in 2025
Andrew DeLong
Realty ONE Group SIMPLIFIED
(715) 821-2639
1 in this area
36 Total Sales
-
Zacary Graden
Buyer's Agent in 2025
Zacary Graden
DOT-REALTY LLC
(763) 614-7361
1 in this area
69 Total Sales
-
Caleb Carlson
Seller's Agent in 2024
Caleb Carlson
Real Broker, LLC
(701) 520-8569
6 in this area
437 Total Sales
-
Patrick Dolan
Buyer's Agent in 2024
Patrick Dolan
Dolan Real Estate
(715) 426-0202
1 in this area
2 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6544719
APN: 29-29-22-42-0196
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