NOT LISTED FOR SALE

Estimated Value: $168,000 - $219,000

2 Beds
2 Baths
1,600 Sq Ft
$114/Sq Ft Est. Value

Last Sold May 01, 2012

Last sale price $55,000 $34 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,190/month

6 Days on Market

About This Home

As of May 2012

Good Property in Highly Desirable Rental Area of the Twin Cities. Great Investment whether You are a Novice or an Experienced Investor. Full Rented with Great Rental History. Will Cash Flow. No Need to Feed It. Call Your Agent!

Last Agent to Sell the Property

Benjamin Hanf

Keller Williams Integrity RE Listed on: 03/22/2012

Last Buyer's Agent

Daniel Myers

RE/MAX Advantage Plus

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 29 x 127.2

Home Design

  • Duplex
  • Stucco Exterior

Interior Spaces

  • 1,600 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 4483.81
  • Assessments: Yes
  • Construction: Previously Owned
  • Projected Closed Date: 05/30/2012
  • Taxes With Assessments: 6247
  • Estimated Number of Acres: 0.08
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1600
  • Total Fin Square Footage: 1600

Exterior Features

  • Exterior: Stucco

Utilities

  • Heat: Baseboard

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 29 X 127.2

Building Info

  • Year Built: 1927

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2011
  • Tax Value: 1763

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2025
Sold by
Future Circle 3 Llc
Bought by
Lema Julia M Lema
Current Estimated Value
$166,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Outstanding Balance
$156,750
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$19,275

Purchase Details

Listed on
Mar 22, 2012
Closed on
Apr 30, 2012
Sold by
Kosher Properties Llc
Bought by
Future Circle 3 Llc
Seller's Agent
Benjamin Hanf
Keller Williams Integrity RE
Buyer's Agent
Daniel Myers
RE/MAX Advantage Plus
List Price
$65,850
Sold Price
$55,000
Premium/Discount to List
-$10,850
-16.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%

Purchase Details

Closed on
Nov 5, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Kosber Properties Llc

Purchase Details

Closed on
Oct 4, 2006
Sold by
Johnson Daniel
Bought by
Hamson Steven

Purchase Details

Closed on
Oct 26, 2001
Sold by
Grant Holding Llc
Bought by
Johnson Daniel

Purchase Details

Closed on
Jul 26, 2001
Sold by
Wells Fargo Home Mtg Inc
Bought by
Grant Holding Llc

Purchase Details

Closed on
Apr 1, 1998
Sold by
Hynan Patrice M
Bought by
Polydorou Real Estates Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lema Julia M Lema $165,000 Trademark Title
Future Circle 3 Llc $55,000 Cities Title Services
Kosber Properties Llc $8,000 --
Hamson Steven $225,000 --
Johnson Daniel $120,000 --
Grant Holding Llc $51,558 --
Polydorou Real Estates Llc $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lema Julia M Lema $156,750
Previous Owner Johnson Daniel $150,500
Closed Johnson Daniel --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2012 05/01/12 Sold $55,000 -16.5% $34 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $65,850 -- $41 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,359 $210,000 $13,000 $197,000
2022 $2,854 $185,000 $13,000 $172,000
2021 $2,189 $168,000 $12,000 $156,000
2020 $2,368 $134,000 $5,100 $128,900
2019 $2,214 $134,000 $3,400 $130,600
2018 $1,879 $122,000 $3,400 $118,600
2017 $1,847 $90,500 $3,100 $87,400
2016 $1,945 $84,000 $3,100 $80,900
2015 $1,861 $84,000 $3,100 $80,900
2014 -- $73,000 $3,100 $69,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3588738

REALTOR® Association of Southern Minnesota

APN: 21-029-24-23-0182