NOT LISTED FOR SALE

Estimated Value: $470,526 - $648,000

8 Beds
3 Baths
3,364 Sq Ft
$156/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $405,000 $120 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,453/month

1 Day on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Wood Siding
  • Porch
  • Coin Laundry

About This Home

As of July 2018

SOLD BEFORE PRINT - Up/down Marcy/Holmes duplex in strong rental location close to U of M. Great cash flow. Lower unit - 3 bed, 1 bath unit. Upper unit - 5 bed, 2 bath.

Last Listed By

Reid Lenz

Verde Real Estate Group Listed on: 07/09/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,528

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 44x82
  • Corner Lot

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,364 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Additional Features

  • Porch
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable t.v.
  • Assessor Parcel Number 2402924230128

Community Details

Overview

Amenities

  • Coin Laundry

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,528

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Outside Features: Wood
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned, Porch
  • Fuel Type: Natural Gas
  • Numberof Ranges: Two
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 3364.00
  • Above Grade Finished Area Search: 3364.00
  • Assessment Pending Y N: No
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 13564
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 3364.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: University
  • Parcel Numbers: 2402924230128
  • Refrigerator Number: Two
  • Rental License: No
  • Stories Type: More Than 2 Stories
  • Water Sewer Expenses: 1480.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Full, Unfinished
  • Stories: 2

Beds/Baths

  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Asphalt Shingles

Garage/Parking

  • Parking Features: None
  • ListingUnits_2_UnitTypeOtherParking: 0

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: 44x82
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Corner Lot, Tree Coverage - Medium
  • Lot Size Acres: 0.0900
  • Lot Size Area Units: Square Feet

Rental Info

  • Owner Pays: Electric, Fuel, Insurance, Maintenance/Repair, Taxes, Trash, Water/Sewer

Building Info

  • Units Total: 2.00

Tax Info

  • TaxLegalDescription: LOT 005 BLOCK 003 ST ANTHONY FALLS NWLY 44 FT OF NELY 82 1/2 FT OF LOT 5
  • Tax Amount: 6528.00
  • Tax Year: 2018
  • Tax With Assessments: 6528.00
  • Assessor Parcel Number: 2402924230128

Multi Family

  • TenantPays: Cable T.V.
  • Unit Count: 2
  • ElectricExpense: 2825.00
  • Above Grade Finished Sq Ft: Square Feet
  • FuelExpense: 3414.00

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Jul 10, 2018
Sold by
Sullivan Aaron
Bought by
Two Pears In Od Llc
Seller's Agent
Reid Lenz
Verde Real Estate Group
List Price
$405,000
Sold Price
$405,000
Total Days on Market
1
Current Estimated Value
$525,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,132
Avg. Annual Appreciation
3.86%
Original Mortgage
$420,000
Outstanding Balance
$158,133
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
$366,999

Purchase Details

Closed on
Apr 29, 2016
Sold by
Scott Neil F
Bought by
Sullivan Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5%
Mortgage Type
Seller Take Back

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
Two Pears In Od Llc $405,000 Titlesamrt Inc
Sullivan Aaron $370,000 Titlesamrt Inc
Sullivan Aaron $370,000 Liberty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Aaron $420,000
Previous Owner Sullivan Aaron $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2018 07/10/18 Sold $405,000 0.0% $120 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $405,000 -- $120 / 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 $6,494 $406,000 $124,000 $282,000
2022 $7,084 $406,000 $107,000 $299,000
2021 $6,804 $417,000 $105,000 $312,000
2020 $7,677 $416,500 $29,100 $387,400
2019 $7,559 $416,500 $20,700 $395,800
2018 $6,528 $416,500 $20,700 $395,800
2017 $6,672 $356,000 $18,800 $337,200
2016 $5,985 $309,500 $18,800 $290,700
2015 $6,280 $309,500 $18,800 $290,700
2014 -- $269,000 $18,800 $250,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4978167

NorthstarMLS

APN: 24-029-24-23-0128