NOT LISTED FOR SALE

701 6th Ave Howard Lake, MN 55349

Estimated Value: $225,000 - $309,908

4 Beds
2 Baths
1,852 Sq Ft
$148/Sq Ft Est. Value

Last Sold September 12, 2024

Last sale price $313,900 $169 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,836/month

112 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 4-minute walk to Central Park

About This Home

As of September 2024

Great investment opportunity for investors or owner-occupants seeking an income-generating property. This property features an up-and-down duplex configuration, providing two separate living units that can generate rental income or accommodate multi-generational living arrangements. Both units are two bedrooms and 1 bathroom and utilize separate utilities and mechanicals allowing for efficient and independent management of utilities. This multi-family home has been completely remodeled, with updated wiring, plumbing, insulation, walls, flooring, cabinets, appliance, furnace's, water heaters etc. Both units have their own laundry and include both a washer & dryer. This property is located in a convenient location with easy access to the metro. Don't miss this opportunity!

Last Agent to Sell the Property

Jean Just

Kg Realty Listed on: 04/24/2024

Last Buyer's Agent

Tonia Detweiler

Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $814

Year Built

  • Built in 1873

Lot Details

  • Lot Dimensions are 115x65
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • 1,852 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement
  • Sump Pump

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Original Howard Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 109010021010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$814

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: None
  • Year Built: 1873
  • Above Grade Finished Sq Ft: 1852
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Owner Access, Partial, Sump Pump, Unfinished
  • Living Area: 1852
  • Basement YN: Yes

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less
  • PatioPorchType: Deck,Front Porch

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: One Per Unit

Schools

  • Junior High Dist: Howard Lake-Waverly-Winsted
  • SchoolDistrictPhone: 320-543-3521

Lot Info

  • Lot Size: 115x65
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 109010021010
  • Tax Annual Amount: 814
  • TaxWithAssessments: 814.0000

Multi Family

  • Number Of Refrigerators: One Per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Sep 12, 2024
Sold by
Joe Wurm Construction Llc
Bought by
Eliingson Colleen
Seller's Agent
Jean Just
Kg Realty
Buyer's Agent
Tonia Detweiler
Real Broker, LLC
List Price
$350,000
Sold Price
$313,900
Premium/Discount to List
-$36,100
-10.31%
Views
41
Current Estimated Value
$317,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,865
Avg. Annual Appreciation
-10.19%
Original Mortgage
$235,425
Outstanding Balance
$232,906
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$41,821

Purchase Details

Listed on
Jul 20, 2023
Closed on
Sep 7, 2023
Sold by
Bauman Leo
Bought by
Wurm Joseph
Seller's Agent
Taylor Foster
JPW Realty
Buyer's Agent
Jean Just
Kg Realty
List Price
$110,000
Sold Price
$96,000
Premium/Discount to List
-$14,000
-12.73%
Views
155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
219.47%

Purchase Details

Closed on
Nov 14, 2000
Sold by
Lauer Arnold and Lauer Susan J
Bought by
Bauman Leo
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Eliingson Colleen $313,900 --
Wurm Joseph $96,000 --
Bauman Leo $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eliingson Colleen $235,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2024 09/12/24 Sold $313,900 -4.9% $169 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
07/02/2024 07/02/24 Price Changed $330,000 -5.7% $178 / Sq Ft
04/24/2024 04/24/24 For Sale $350,000 +264.6% $189 / Sq Ft
09/07/2023 09/07/23 Sold $96,000 -12.7% $53 / Sq Ft View Prior Sale
08/15/2023 08/15/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $110,000 -- $60 / 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
2025 $1,974 $254,900 $36,300 $218,600
2024 $814 $138,500 $33,200 $105,300
2023 $670 $87,300 $27,600 $59,700
2022 $554 $77,300 $25,600 $51,700
2021 $510 $56,200 $13,800 $42,400
2020 $510 $49,100 $10,000 $39,100
2019 $570 $48,600 $0 $0
2018 $534 $32,800 $0 $0
2017 $520 $31,900 $0 $0
2016 $474 $0 $0 $0
2015 $430 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6523921

NorthstarMLS

APN: 109-010-021010