Seller's Agent in 2023
Joel Smetanka
Edina Realty, Inc.
(952) 457-4824
2 in this area
21 Total Sales
704 Upton Ave N Minneapolis, MN 55411
Willard-Hay NeighborhoodEstimated Value: $252,450 - $341,000
4
Beds
2
Baths
1,680
Sq Ft
$178/Sq Ft
Est. Value
About This Home
As of April 2023Rare side-by-side duplex with separate private basements in great location in the extreme SW corner of N Mpls, close to Wirth Park. Freshly updated with refinished hardwood floors, new kitchen floors, epoxied tubs, new countertops. 706 also has all new kitchen cabinets, new interior doors and blinds. All window sashes have just been sanded, painted and reglazed. Parking pad off the alley means tenants don't have to park in the street. This area has had excellent rental demand. Live in one side and rent the other! Both units currently enrolled in the city's 4d Affordable Housing Incentive Program, reducing property tax by roughly 40%. Owner is a licensed Realtor.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,098
Year Built
- Built in 1962
Lot Details
- Lot Dimensions are 40x129
Home Design
- Duplex
- Pitched Roof
Interior Spaces
- 1,680 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Forced Air Heating System
- 100 Amp Service
Community Details
- 2 Units
- Brodericks Add Subdivision
Listing and Financial Details
- Tenant pays for electricity, fuel, grounds care, snow removal
- The owner pays for repairs, taxes, trash collection, water
- Assessor Parcel Number 2002924130095
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2023
Closed on
Apr 14, 2023
Sold by
Smetanka Joel J and Smetanka Joy M
Bought by
704 Upton Llc
Seller's Agent
Joel Smetanka
Edina Realty, Inc.
Buyer's Agent
Christopher Long
RE/MAX Results
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%
Views
4
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
$14,358
Avg. Annual Appreciation
0.32%
Original Mortgage
$228,750
Outstanding Balance
$196,944
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$110,341
Purchase Details
Closed on
Apr 15, 2014
Sold by
Jam Residential Properties Llc
Bought by
Smetanka Joel J and Smetanka Joy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,671
Interest Rate
4.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 8, 2008
Sold by
Consumer Solutions Reo
Bought by
Lageson Kent E
Purchase Details
Closed on
Jul 27, 2006
Sold by
Yang Julia Ze
Bought by
Vue Hue and Vue Mai Kia Thao
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
8.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 15, 2002
Sold by
Yang Kao and Vue Yia
Bought by
Yang Lia
Purchase Details
Closed on
May 2, 1997
Sold by
Vang Mee and Xiong Daovon
Bought by
Vue Yia and Yang Kao
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 704 Upton Llc | $305,000 | Edina Realty Title | |
| Smetanka Joel J | $119,561 | Edina Realty Title | |
| Lageson Kent E | $46,000 | -- | |
| Vue Hue | $262,000 | -- | |
| Yang Lia | $185,000 | -- | |
| Vue Yia | $76,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 704 Upton Llc | $228,750 | |
| Previous Owner | Smetanka Joel J | $85,000 | |
| Previous Owner | Smetanka Joel J | $89,671 | |
| Previous Owner | Jam Residential Properties Llc | $100,000 | |
| Previous Owner | Vue Hue | $209,600 | |
| Previous Owner | Vue Hue | $52,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2023 04/14/23 | Sold | $305,000 | +1.7% | $182 / Sq Ft |
| 03/27/2023 03/27/23 | Pending | -- | -- | -- |
| 03/24/2023 03/24/23 | For Sale | $300,000 | -- | $179 / 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 | $2,149 | $261,000 | $23,000 | $238,000 |
| 2022 | $2,423 | $40,000 | $2,700 | $37,300 |
| 2021 | $3,508 | $211,000 | $16,000 | $195,000 |
| 2020 | $3,406 | $200,500 | $12,300 | $188,200 |
| 2019 | $3,073 | $179,000 | $8,200 | $170,800 |
| 2018 | $2,652 | $155,500 | $8,200 | $147,300 |
| 2017 | $2,206 | $118,500 | $7,500 | $111,000 |
| 2016 | $2,169 | $113,000 | $7,500 | $105,500 |
| 2015 | $2,372 | $118,000 | $7,500 | $110,500 |
| 2014 | -- | $102,500 | $7,500 | $95,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Christopher Long
RE/MAX Results
(612) 636-9700
1 in this area
102 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6342376
APN: 20-029-24-13-0095
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