NOT LISTED FOR SALE

6402 Xenium Ln N Osseo, MN 55311

Estimated Value: $479,233 - $564,000

5 Beds
3 Baths
2,936 Sq Ft
$178/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $432,500 $147 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,453/month

85 Days on Market

Highlights

  • Baseboard Heating
  • Maple Grove Senior High School Rated A
  • Coin Laundry

About This Home

As of April 2021

GREAT INVESTMENT OPPORTUNITY. Along with this home (Triplex) be sure to view 6412 Xenium Ln N, Maple Grove. The current rental situation works best to sell both together. 6402 Xenium is a Triplex with ALL 3 units currently rented and all tenants have been and are currently up to date on rent. Two side by side units that are both 2BD 1BA and a smaller 1BD 1BA unit in the basement. This building does have a laundry room currently shared by all tenants including tenants in the 6412 Xenium building. Space for about 5 cars to park in the back.

6402 Total $3310
#1 2 bed 1 bath $1175
#2 2 bed 1 bath $1195
#3 1 bed 1 bath $940

Last Listed By

Sean Clark

Renters Warehouse Listed on: 12/15/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,912

Year Built

  • Built in 1966

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 75x185
  • Few Trees

Parking

  • Uncovered Parking

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Fiberglass Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service

Community Details

  • 3 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for broadband, cable t.v., janitorial
  • Assessor Parcel Number 3411922310061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,912

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Outside Features: Fiber Board
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Fuel Type: Natural Gas
  • Numberof Ranges: One Per Unit, Three
  • Year Built: 1966
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1936.00
  • Above Grade Finished Area Search: 1936.00
  • Above Grade Finished Sq Ft: 1936.00
  • Below Grade Finished Sq Ft: 976.00
  • Below Grade Total Sq Ft: 1000.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Internet Type: Cable, DSL
  • List A O R Key Numeric: 22090
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 2912.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 1000.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 3411922310061
  • Property Sub Type Additional: Triplex
  • Refrigerator Number: One Per Unit, Three
  • Rental License: Yes
  • Repairs Expense: 600.00
  • Stories Type: Two
  • Water Sewer Expenses: 745.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Daylight/Lookout Windows, Finished (Livable), Full, Walkout
  • Living Area: 2936.00
  • Fireplace: No
  • Stories: 2
  • Below Grade Finished Sq Ft: 976.00

Beds/Baths

  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Roof: Age Over 8 Years, Asphalt Shingles
  • PoolFeatures: None
  • Fencing: None

Garage/Parking

  • Parking Features: Driveway - Asphalt, Uncovered/Open
  • ListingUnits_1_UnitTypeOtherParking: 2
  • ListingUnits_2_UnitTypeOtherParking: 2
  • ListingUnits_3_UnitTypeOtherParking: 2

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service, Circuit Breakers

Schools

  • School District: 279 - Osseo
  • School District Phone: 763-391-7000

Lot Info

  • Zoning: Residential-Multi-Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • Assessment Pending: Unknown
  • Lot Size: 75x185
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Tree Coverage - Light
  • Lot Size Acres: 0.3200
  • Lot Size Area Units: Square Feet

Rental Info

  • Owner Pays: Electric, Fuel, Insurance, Lawn, Maintenance/Repair, Snow, Taxes, Trash, Water/Sewer
  • Rental License: Standard

Building Info

  • Construction Materials: Block, Frame
  • Units Total: 3.00

Tax Info

  • TaxLegalDescription: Lot 9, Blk 1 Plentywood Addn
  • Tax Amount: 4912.00
  • Tax Year: 2020
  • Tax With Assessments: 4912.00
  • Assessor Parcel Number: 3411922310061

Multi Family

  • TenantPays: Broadband, Cable T.V., Janitorial
  • Unit Count: 3
  • ElectricExpense: 1350.00
  • Above Grade Finished Sq Ft: Square Feet
  • FuelExpense: 1200.00

MLS Schools

  • School District Name: 279 - Osseo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Apr 13, 2021
Sold by
Puncochar Joel R and Puncochar Sandra K
Bought by
Divine Joy Homes Llc
Seller's Agent
Sean Clark
Renters Warehouse
Buyer's Agent
Kenneth Straley
Offsite Realty Inc
List Price
$459,900
Sold Price
$432,500
Premium/Discount to List
-$27,400
-5.96%
Total Days on Market
85
Current Estimated Value
$522,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,808
Avg. Annual Appreciation
4.72%
Original Mortgage
$336,000
Outstanding Balance
$71,355
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$450,953

Purchase Details

Listed on
Feb 2, 2012
Closed on
May 24, 2012
Sold by
Puncochar Joel R and Ouncochar Sandra K
Bought by
Puncochar Joel R and Puncochar Sandra K
List Price
$224,900
Sold Price
$180,000
Premium/Discount to List
-$44,900
-19.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%

Purchase Details

Closed on
Apr 2, 2010
Sold by
Foster Michael and Foster Sheril
Bought by
6402 Xenium Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 20, 2005
Sold by
Skelton Patrick
Bought by
Foster Michael and Foster Sheril

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,220
Interest Rate
6.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 1, 2003
Sold by
Sjolund Andrew K and Sjolund Susan M
Bought by
Skelton Patrick

Purchase Details

Closed on
Aug 26, 2002
Sold by
Sjolund Andrew K and Sjolund Susan M
Bought by
Skelton Noel B

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
Divine Joy Homes Llc $432,500 None Available
Puncochar Joel R -- None Available
6402 Xenium Llc $155,000 --
Foster Michael $362,700 --
Skelton Patrick $290,000 --
Skelton Noel B $289,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Divine Joy Homes Llc $336,000
Previous Owner 6402 Xenium Llc $124,000
Previous Owner Poster Sheril $36,220
Closed Skelton Noel B --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $432,500 -6.0% $147 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $459,900 +6.3% $157 / Sq Ft
01/12/2021 01/12/21 Off Market $432,500 -- --
12/15/2020 12/15/20 For Sale $459,900 +155.5% $157 / Sq Ft
04/30/2012 04/30/12 Sold $180,000 -20.0% $62 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $224,900 -- $77 / 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 $6,518 $464,100 $127,300 $336,800
2022 $4,981 $441,200 $117,300 $323,900
2021 $4,894 $340,400 $61,700 $278,700
2020 $4,912 $329,600 $61,200 $268,400
2019 $3,968 $314,700 $58,400 $256,300
2018 $3,941 $240,100 $58,400 $181,700
2017 $3,965 $225,000 $56,000 $169,000
2016 $3,936 $220,200 $56,000 $164,200
2015 $3,988 $217,300 $56,000 $161,300
2014 -- $183,900 $39,500 $144,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5693488

NorthstarMLS

APN: 34-119-22-31-0061