NOT LISTED FOR SALE

Estimated Value: $380,000 - $419,663

4 Beds
2 Baths
1,560 Sq Ft
$260/Sq Ft Est. Value

Last Sold October 09, 2018

Last sale price $327,000 $210 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,928/month

6 Days on Market

About This Home

As of October 2018

Fantastic opportunity to own a duplex in beloved NE Minneapolis. Renters flock to this location. Home is in the heart of the neighborhood -steps from the NE Farmer's Market, countless bars, restaurants and NE Mpls Arts District. Home had a huge remodel in 2012 & is well maintained. Features include: new kitchen, beautiful hardwood floors, bright units, lovely double lot backyard with patio & off street parking, & storage spaces in basement. Lower unit rented thru July '19 & upper thru April '19.

Last Listed By

Scott Parkin

Verve Realty Listed on: 08/30/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,951

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 66x158

Parking

  • 2 Car Garage

Home Design

  • Stucco Exterior

Interior Spaces

  • 1,560 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1402924310103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,951

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Outside Features: Stucco
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1560.00
  • Above Grade Finished Area Search: 1560.00
  • Assessment Pending Y N: No
  • Carport Y N: No
  • Co Listing Association Office S K: 5060
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 5060
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1560.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: Northeast
  • Parcel Numbers: 1402924310103
  • Property Sub Type Additional: Duplex Up and Down
  • Rental License: No
  • Water Sewer Expenses: 660.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Beds/Baths

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Construction: Previously Owned
  • Waterfront YN: No
  • Assessment Pending: No
  • Lot Size: 66x158
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Size Acres: 0.2400
  • Lot Size Area Units: Square Feet

Building Info

  • Units Total: 2.00

Tax Info

  • TaxLegalDescription: LOT 009 BLOCK 010 BORUPS ADDN TO TOWN OF ST ANTHONY SWLY 158 FT
  • Tax Amount: 4951.00
  • Tax Year: 2018
  • Tax With Assessments: 4951.00
  • Assessor Parcel Number: 1402924310103

Multi Family

  • Unit Count: 2
  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Oct 9, 2018
Sold by
Nordeast Residential Llc
Bought by
Olen Adam and Thrasher Matthew
Seller's Agent
Scott Parkin
Verve Realty
List Price
$315,000
Sold Price
$327,000
Premium/Discount to List
$12,000
3.81%
Total Days on Market
6
Current Estimated Value
$405,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,916
Avg. Annual Appreciation
3.33%
Original Mortgage
$245,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2013
Sold by
Rogers Eric C
Bought by
Nordeast Residential Llc

Purchase Details

Closed on
Apr 1, 2013
Sold by
Rogers Eric C
Bought by
Nordeast Residential Llc

Purchase Details

Closed on
Nov 1, 2011
Sold by
Federal National Mortgage Association
Bought by
Rogers Eric Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
4.09%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 3, 2011
Sold by
Kucharskyj Anna
Bought by
Jpmorgan Chase Bank National Association

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
Olen Adam $327,000 Executive Title
Nordeast Residential Llc -- Guaranty Cmrcl Title Inc
Nordeast Residential Llc -- None Available
Rogers Eric Christopher -- Title One Inc
Jpmorgan Chase Bank National Association $109,514 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oien Adam $247,000
Closed Olen Adam $245,250
Previous Owner Rogers Eric C $140,000
Previous Owner Rogers Eric Christopher $91,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2018 10/09/18 Sold $327,000 0.0% $210 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
09/04/2018 09/04/18 Off Market $327,000 -- --
08/30/2018 08/30/18 For Sale $315,000 -- $202 / 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 $8,134 $411,000 $152,000 $259,000
2022 $6,235 $408,000 $146,000 $262,000
2021 $6,175 $367,000 $92,000 $275,000
2020 $6,248 $378,000 $92,300 $285,700
2019 $5,436 $353,500 $61,500 $292,000
2018 $4,951 $299,500 $61,500 $238,000
2017 $4,218 $225,000 $55,900 $169,100
2016 $3,954 $204,500 $55,900 $148,600
2015 $3,917 $193,000 $55,900 $137,100
2014 -- $175,500 $55,900 $119,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4998216

NorthstarMLS

APN: 14-029-24-31-0103