NOT LISTED FOR SALE

621 5th Ave E Alexandria, MN 56308

Estimated Value: $317,000 - $360,000

4 Beds
4 Baths
3,404 Sq Ft
$101/Sq Ft Est. Value

Last Sold April 28, 2014

Last sale price $162,000 $48 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,140/month

28 Days on Market

Highlights

  • 2 Car Attached Garage
  • Walk-In Closet
  • Landscaped with Trees
  • Eat-In Kitchen

About This Home

As of April 2014

Five unit apartment bulding with attached 2 car garage. Located near Noonan's Park. Very well maintained! Great cash flow! Each unit has 1 BR, full bath, living room & full kitchen. 3 units have extra dining rooms. Large unfinished attic, nice siding, boiler for efficient heating, parking lot, city sewer and water. See supplement for Apt. #4 of the 5 Units.

Last Agent to Sell the Property

Becky Whiting

Counselor Realty, Inc. of Alexandria Listed on: 02/20/2014

Last Buyer's Agent

Paul Johnson

Alexandria Property Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,483

Year Built

  • Built in 1902

Lot Details

  • 0.5 Acre Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Frame Construction
  • Metal Siding

Interior Spaces

  • Walk-In Closet
  • 3,404 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Range

Laundry

  • Dryer
  • Washer

Basement

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

Location

  • Ground Level

Utilities

  • Boiler Heating System
  • Gas Water Heater

Community Details

  • 5 Units
  • Gross Income $6,225

Listing and Financial Details

  • The owner pays for electric, fuel, lawn, maint/repair, snow, trash
  • Assessor Parcel Number 63-1953-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,483

Year Built

Built in 1902

Lot Details

0.5 Acres

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessments: Yes
  • Mechanicals: Water Heater - Gas
  • Parcel Number: 63-1953-000
  • Range: 37.00
  • Rental License: Yes
  • Section: 19.00
  • Stories: 2 Story
  • Twp Number: 128.00
  • Estimated Number of Acres: 0.5
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3404
  • Total Square Footage: 4654
  • Below Grade Finished Sq Ft: 1250

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Metal
  • Exterior Amenities: Driveway - Gravel

Garage/Parking

  • Garage Type: Attached
  • Number Garage Spaces: 2
  • Number Off Street Parking: 5

Utilities

  • Fuel: Natural Gas
  • Heat: Boiler
  • Sewer: City
  • Water: City

Lot Info

  • Lot/Land Description: Landscaped, Tree Coverage - Medium
  • Estimated Lot Dimensions: 1

Rental Info

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

Building Info

  • Year Built: 1902

Multi Family

  • Est Annual Gross Expense: 29820
  • Est Annual Gross Income: 6225

Tax Info

  • Year: 2013
  • Tax Value: 1483

MLS Schools

  • School District: Alexandria #206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2022
Sold by
Hcs Properties Llc
Bought by
Crouse Investments Llc
Current Estimated Value
$342,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$118,404
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$223,700

Purchase Details

Closed on
Aug 3, 2016
Sold by
Danvers Properties Llc
Bought by
Hcs Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2016
Sold by
Manderley Properties Llc
Bought by
Danvers Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2016
Sold by
Danvers Properties Llc
Bought by
Manderley Properties Llc
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

Date Buyer Sale Price Title Company
Crouse Investments Llc $330,000 Integrity Title
Hcs Properties Llc $220,000 Integrity Title Inc
Danvers Properties Llc -- None Available
Manderley Properties Llc -- Integrity Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crouse Investments Llc $264,000
Previous Owner Hcs Properties Llc $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2014 04/28/14 Sold $162,000 -4.6% $48 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $169,900 -- $50 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2025 $4,522 $342,700 $54,600 $288,100
2024 $4,522 $319,800 $52,000 $267,800
2023 $4,516 $302,200 $52,000 $250,200
2022 $3,636 $233,900 $45,500 $188,400
2021 $3,540 $214,300 $45,500 $168,800
2020 $3,570 $204,200 $45,500 $158,700
2019 $3,374 $199,800 $45,500 $154,300
2018 $3,002 $189,900 $45,500 $144,400
2017 $2,702 $180,700 $45,500 $135,200
2016 $2,532 $161,117 $44,135 $116,982
2015 $1,916 $0 $0 $0
2014 -- $112,200 $45,600 $66,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4581452

REALTOR® Association of Southern Minnesota

APN: 63-1953-000

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