NOT LISTED FOR SALE

6121 Portland Ave Minneapolis, MN 55417

Diamond Lake Neighborhood

Estimated Value: $438,000 - $519,000

4 Beds
2 Baths
1,956 Sq Ft
$243/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $423,500 $217 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,976/month

105 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of October 2022

You will love this quality built mid-century modern duplex. Live on one side and rent out the other to greatly reduce your cost of living. Convenient location to everything in Minneapolis/St. Paul -parks and lakes. Near to the Hub-66th Street area, airport, and Mall of America. Hardwood flooring, built-in -cabinets, and large rooms are found in the well-crafted 1959 duplex. Each unit includes two bedrooms and one bath, one-car tuck-under garage, unfinished basement would allow the owner to greatly increase the living area.

Last Agent to Sell the Property

Lyle Stelter

Coldwell Banker Nybo & Assoc Listed on: 06/07/2022

Coldwell Banker Nybo & Assoc

Last Buyer's Agent

Nazar Orischin

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,642

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 140 x 50
  • Partially Fenced Property
  • Chain Link Fence
  • Corner Lot

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Duplex

Interior Spaces

  • 1,956 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • 150 Amp Service
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, fuel
  • The owner pays for insurance, repairs, taxes, water
  • Assessor Parcel Number 2302824330044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,642

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: 1956
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Full, Partially Finished, Unfinished, Walkout
  • Living Area: 1956
  • Fireplace: No
  • Owner Pays: Insurance, Repairs, Taxes, Water
  • Basement YN: Yes
  • Amenities: Broadband Available,Ceiling Fan(s)
  • Appliances: Dryer,Gas Water Heater
  • Total Rooms: 6
  • Amenities: Broadband Available,Ceiling Fan(s)
  • Appliances: Dryer,Gas Water Heater
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Chain Link, Partial
  • Neighborhood: Diamond Lake

Garage/Parking

  • Parking Features: Asphalt, Garage Door Opener, Tuckunder Garage
  • Garage Square Feet: 352
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 150 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 140 X 50
  • Land Lease: No
  • Lot Features: Corner Lot, Some Trees
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2302824330044
  • Tax Annual Amount: 6642
  • TaxWithAssessments: 6641.5400

Multi Family

  • TenantPays: Electricity, Fuel
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Oct 21, 2022
Sold by
Marfam Properties Llc
Bought by
Kozak Nick and Kozak Luda
Seller's Agent
Lyle Stelter
Coldwell Banker Nybo & Assoc
Buyer's Agent
Nazar Orischin
RE/MAX Results
List Price
$479,900
Sold Price
$423,500
Premium/Discount to List
-$56,400
-11.75%
Current Estimated Value
$456,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,149
Avg. Annual Appreciation
1.07%
Original Mortgage
$317,625
Outstanding Balance
$307,588
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$128,726

Purchase Details

Listed on
Jun 7, 2022
Closed on
Oct 17, 2022
Sold by
Marfam Properties Llc
Bought by
Kozak Nick and Kozak Luda
Seller's Agent
Lyle Stelter
Coldwell Banker Nybo & Assoc
Buyer's Agent
Nazar Orischin
RE/MAX Results
List Price
$479,900
Sold Price
$423,500
Premium/Discount to List
-$56,400
-11.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,625
Outstanding Balance
$307,588
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$128,726

Purchase Details

Closed on
Apr 19, 2002
Sold by
Anderes Jeffrey C and Anderes Diane
Bought by
Marfam Properties
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
Kozak Nick $423,500 --
Kozak Nick -- None Listed On Document
Marfam Properties $251,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kozak Nick $317,625
Closed Kozak Nick $317,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $423,500 -3.7% $217 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/09/2022 09/09/22 Price Changed $439,900 -1.3% $225 / Sq Ft
08/15/2022 08/15/22 Price Changed $445,900 -3.0% $228 / Sq Ft
07/27/2022 07/27/22 Price Changed $459,900 -2.1% $235 / Sq Ft
07/19/2022 07/19/22 Price Changed $469,900 -2.1% $240 / Sq Ft
06/07/2022 06/07/22 For Sale $479,900 -- $245 / 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 $5,715 $358,000 $98,000 $260,000
2022 $6,642 $391,000 $85,000 $306,000
2021 $7,216 $391,000 $45,000 $346,000
2020 $7,429 $425,500 $71,300 $354,200
2019 $7,085 $405,000 $47,500 $357,500
2018 $6,483 $375,000 $47,500 $327,500
2017 $5,596 $283,000 $43,200 $239,800
2016 $4,750 $246,000 $43,200 $202,800
2015 $4,331 $214,000 $43,200 $170,800
2014 -- $205,500 $43,200 $162,300
Source: Public Records

Agents Affiliated with this Home

  • Lyle Stelter

    Seller's Agent in 2022

    Lyle Stelter

    Coldwell Banker Nybo & Assoc

    (651) 380-4849

    1 in this area

    87 Total Sales

    Section Image
  • Nazar Orischin

    Buyer's Agent in 2022

    Nazar Orischin

    RE/MAX Results

    (651) 552-3640

    1 in this area

    60 Total Sales

    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6215336

NorthstarMLS

APN: 23-028-24-33-0044

Minnesota Hennepin County Minneapolis 55417 Diamond Lake

6121 Portland Ave, Minneapolis, MN

This home is located at 6121 Portland Ave, Minneapolis, MN 55417 since 07 June 2022 and is currently estimated at $475,262, approximately $242 per square foot. This property was built in 1959. 6121 Portland Ave is a home located in Hennepin County with nearby schools including Windom Community School, Anthony Middle School, and Southwest Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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