NOT LISTED FOR SALE
7 Beds
4 Baths
3,137 Sq Ft
1962 Built

Last Sold July 22, 2024

Last sale price $555,000 $177 Per Sq Ft

78 Days on Market

Highlights

  • 1-Story Property
  • Hot Water Heating System
  • Coin Laundry

About This Home

As of July 2024

Awesome opportunity to own 3 contiguous fourplexes in Bloomington. Close to MOA, numerous parks & schools. Many hotels and restaurants 494 and Cedar Ave. Properties can be bought as a package, or separately. If sold separately, 8125 & 8133 12th will be at 14k a door, 8141 12th will be at 160k a door. Package price $1,740,000. Perfect opportunity for owner occupied if sold separately. Awesome investment opportunity.

Last Agent to Sell the Property

Todd Fairbanks

RE/MAX Results Listed on: 03/12/2024

RE/MAX Results

Last Buyer's Agent

Kao Lee

BRIX Real Estate

BRIX Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,056

Year Built

  • Built in 1962

Home Design

  • Quadruplex

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Additional Features

  • Lot Dimensions are 112.5x123
  • Hot Water Heating System

Community Details

  • 4 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for fuel, insurance, janitorial service, repairs, sewer, taxes

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,056

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Year Built: 1962
  • Above Grade Finished Sq Ft: 1573
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight/Lookout Windows, Full, Walkout
  • Living Area: 3137
  • Below Grade Finished Sq Ft: 1564
  • Owner Pays: Fuel, Insurance, Janitorial Service, Repairs, Sewer, Taxes
  • Basement YN: Yes
  • Number Of Fireplaces: 0
  • Total Rooms: 6
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Parking Features: Asphalt

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Four

Schools

  • Junior High Dist: Bloomington
  • SchoolDistrictPhone: 952-681-6400

Lot Info

  • Lot Size: 112.5x123
  • Land Lease: No
  • Additional Parcels: No
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 4

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: TBD
  • Tax Annual Amount: 7056
  • TaxWithAssessments: 7055.6400

Multi Family

  • TenantPays: Electricity
  • Number Of Refrigerators: Four
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2024 07/22/24 Sold $555,000 -4.3% $177 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $580,000 -- $185 / Sq Ft
Source: NorthstarMLS

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
2024 $7,759 $495,800 $120,000 $375,800
2023 $7,056 $487,200 $120,000 $367,200
2022 $6,796 $505,300 $120,000 $385,300
2021 $6,549 $438,200 $89,900 $348,300
2020 $6,058 $427,600 $89,900 $337,700
2019 $5,954 $384,800 $89,900 $294,900
2018 $5,532 $371,100 $89,900 $281,200
2017 $4,106 $250,000 $89,900 $160,100
2016 $4,231 $243,000 $89,900 $153,100
2015 $3,726 $205,900 $89,900 $116,000
2014 -- $205,900 $89,900 $116,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6502420

NorthstarMLS