735 31st Ave N Minneapolis, MN 55411
Hawthorne NeighborhoodEstimated payment $2,214/month
Total Views
133
5
Beds
2
Baths
2,259
Sq Ft
4,792
Sq Ft Lot
About This Home
Classic Victorian style Duplex. Exceptional investment opportunity: Well-maintained duplex featuring hardwood flrs and original woodwork and Spacious unfinished third level expansion area. Two car garage. Prime Minneapolis location minutes from downtown. Perfect for investors seeking steady rental income or owner-occupants looking to offset mortgage costs with rental revenue. Each unit has separate utilities. Currently, one unit is rented at market rate, and the other unit is ready for an owner-occupant or for you to place your own tenant. An ideal blend of Classic design, location and returns makes this duplex a compelling property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,669
Year Built
- Built in 1910
Lot Details
- Lot Dimensions are 40.00 x 120.00
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 2,259 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Utilities
- Forced Air Heating System
- 100 Amp Service
Community Details
- 2 Units
- The Oakland Add Subdivision
Listing and Financial Details
- The owner pays for insurance, trash collection
- Assessor Parcel Number 0902924410144
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,632 | $227,000 | $15,000 | $212,000 |
| 2022 | $3,313 | $221,000 | $13,000 | $208,000 |
| 2021 | $2,785 | $195,000 | $10,000 | $185,000 |
| 2020 | $2,670 | $170,500 | $7,500 | $163,000 |
| 2019 | $2,451 | $151,000 | $5,000 | $146,000 |
| 2018 | $2,082 | $135,000 | $5,000 | $130,000 |
| 2017 | $1,931 | $103,000 | $4,500 | $98,500 |
| 2016 | $2,098 | $108,500 | $4,500 | $104,000 |
| 2015 | $1,992 | $90,500 | $4,500 | $86,000 |
| 2014 | -- | $86,000 | $4,500 | $81,500 |
Source: Public Records
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Foreclosure Deed | $94,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $145,000 | New Conventional | |
| Closed | $161,100 | New Conventional | |
| Previous Owner | $188,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $47,000 | New Conventional |
Source: Public Records
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6766122
APN: 09-029-24-41-0144
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