Seller's Agent in 2023
Mitchell Brumbaugh
RE/MAX Advantage Plus
(952) 412-4440
3 in this area
158 Total Sales
722 Russell Ave N Minneapolis, MN 55411
Willard-Hay NeighborhoodEstimated Value: $223,000 - $292,000
3
Beds
2
Baths
1,662
Sq Ft
$155/Sq Ft
Est. Value
About This Home
As of September 2023This charming duplex in the Willard-Hay neighborhood of Minneapolis is the perfect investment opportunity. With two units, this property generates a steady stream of income. Original built-ins provide character and charm. Located just minutes from downtown Minneapolis, this duplex is in a prime location for renters. Don't miss out on this incredible investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,898
Year Built
- Built in 1917
Lot Details
- Lot Dimensions are 40x142.8
Home Design
- Duplex
Interior Spaces
- 1,662 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Utilities
- Forced Air Heating System
- Baseboard Heating
Community Details
- 2 Units
- Fletcher & Lorings Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 2002924140147
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2023
Closed on
Sep 29, 2023
Sold by
722 Russell Llc
Bought by
Braunlin Michael
Seller's Agent
Mitchell Brumbaugh
RE/MAX Advantage Plus
List Price
$284,900
Sold Price
$284,900
Views
24
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
-$27,678
Avg. Annual Appreciation
-5.21%
Original Mortgage
$263,532
Outstanding Balance
$258,692
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
-$1,470
Purchase Details
Closed on
Jun 4, 2021
Sold by
Little Michael and Little Salina Gangl
Bought by
722 Russell Llc
Purchase Details
Listed on
Oct 1, 2014
Closed on
Oct 31, 2014
Sold by
Renewal Development Llc
Bought by
Little Michael
Seller's Agent
Todd Bertelson
RE/MAX Results
Buyer's Agent
Michael Little
Bridge Realty, LLC
List Price
$79,900
Sold Price
$68,610
Premium/Discount to List
-$11,290
-14.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.98%
Purchase Details
Closed on
Dec 2, 2008
Sold by
Amethyst Enterprises Inc
Bought by
Renewal Development Llc
Purchase Details
Closed on
Jul 31, 2006
Sold by
Eva Llc
Bought by
Dao Dao
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 |
|---|---|---|---|
| Braunlin Michael | $284,900 | Trademark Title | |
| 722 Russell Llc | -- | None Available | |
| Little Michael | $68,608 | West Title Llc | |
| Renewal Development Llc | $14,900 | -- | |
| Dao Dao | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Braunlin Michael | $263,532 | |
| Previous Owner | Le Truy | $126,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $284,900 | 0.0% | $171 / Sq Ft |
| 09/12/2023 09/12/23 | Pending | -- | -- | -- |
| 08/25/2023 08/25/23 | For Sale | $284,900 | +315.2% | $171 / Sq Ft |
| 10/31/2014 10/31/14 | Sold | $68,610 | -14.1% | $41 / Sq Ft |
| 10/15/2014 10/15/14 | Pending | -- | -- | -- |
| 10/01/2014 10/01/14 | For Sale | $79,900 | -- | $48 / 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 | $2,299 | $194,000 | $24,000 | $170,000 |
| 2022 | $2,742 | $180,000 | $17,000 | $163,000 |
| 2021 | $2,265 | $146,000 | $18,000 | $128,000 |
| 2020 | $2,438 | $122,000 | $14,600 | $107,400 |
| 2019 | $2,215 | $122,000 | $9,700 | $112,300 |
| 2018 | $1,934 | $106,000 | $9,700 | $96,300 |
| 2017 | $1,453 | $77,500 | $8,800 | $68,700 |
| 2016 | $1,354 | $70,000 | $8,800 | $61,200 |
| 2015 | $2,323 | $114,500 | $8,800 | $105,700 |
| 2014 | -- | $99,500 | $8,800 | $90,700 |
Source: Public Records
Agents Affiliated with this Home
-
Mitchell Brumbaugh
-
Ryan Olson
Seller Co-Listing Agent in 2023
Ryan Olson
RE/MAX Advantage Plus
(612) 280-9870
3 in this area
75 Total Sales
-
T
Seller's Agent in 2014
Todd Bertelson
RE/MAX
-
M
Buyer's Agent in 2014
Michael Little
Bridge Realty, LLC
Map
Source: NorthstarMLS
MLS Number: 6421148
APN: 20-029-24-14-0147
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