NOT LISTED FOR SALE

Estimated Value: $303,000 - $347,000

2 Beds
2 Baths
1,344 Sq Ft
$241/Sq Ft Est. Value

Last Sold April 13, 2012

Last sale price $134,000 $100 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $2,195/month

308 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Wood Siding

About This Home

As of April 2012

Great U of M property. Long-term tenants. Best kept secret neighborhood in Minneapolis. Perfect for owner/occupant or investor.

Last Agent to Sell the Property

Guy McDonald

Coldwell Banker Burnet Listed on: 06/10/2011

Last Buyer's Agent

Delbert Schoeberl

Coldwell Banker Burnet

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,690

Year Built

  • 1954

Lot Details

  • 5,227 Sq Ft Lot
  • Few Trees

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Gravity Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Short Sale
  • Tenant pays for cable TV, electric, fuel
  • The owner pays for lawn, maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,690

Year Built

1954

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Assessment Balance: 66
  • Assessments: Unknown
  • Construction: Previously Owned
  • Potential Short Sale: Yes
  • Projected Closed Date: 04/13/2012
  • Taxes With Assessments: 3101
  • Estimated Number of Acres: 0.12
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1344
  • Total Fin Square Footage: 1344

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Wood
  • Roof: Asphalt Shingles

Utilities

  • Heat: Gravity

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: E 41x127.6

Rental Info

  • Owner Expense: Lawn, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Fuel

Multi Family

  • Total Units Available: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2011
Closed on
Apr 13, 2012
Sold by
Tonneson David I
Bought by
Hu Bo and Wei Wei
Seller's Agent
Guy McDonald
Coldwell Banker Burnet
Buyer's Agent
Delbert Schoeberl
Coldwell Banker Burnet
List Price
$139,000
Sold Price
$134,000
Premium/Discount to List
-$5,000
-3.6%
Current Estimated Value
$324,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,442
Avg. Annual Appreciation
6.76%
Original Mortgage
$93,800
Outstanding Balance
$12,685
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$311,757

Purchase Details

Listed on
Jun 10, 2011
Closed on
Mar 15, 2012
Sold by
Aurora Bank Fsb
Bought by
Federal National Mortgage Association
Seller's Agent
Guy McDonald
Coldwell Banker Burnet
Buyer's Agent
Delbert Schoeberl
Coldwell Banker Burnet
List Price
$139,000
Sold Price
$134,000
Premium/Discount to List
-$5,000
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,800
Outstanding Balance
$12,685
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$311,757

Purchase Details

Closed on
Nov 28, 2011
Sold by
Tonneson David I
Bought by
Aurora Bank Fsb

Purchase Details

Closed on
Nov 23, 2011
Sold by
Wilford Lawrence A and Geske James A
Bought by
Aurora Bank Fsb

Purchase Details

Closed on
Nov 15, 1999
Sold by
Davis Patrick T and Davis Shirlee
Bought by
Tonneson David I

Purchase Details

Closed on
Nov 9, 1999
Sold by
Conservative Investment Group
Bought by
Johnson Dennis J and Johnson Janet C
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
Hu Bo $134,000 Gibraltar Title Agency Llc
Federal National Mortgage Association -- None Available
Aurora Bank Fsb $187,101 --
Aurora Bank Fsb $187,101 None Available
Tonneson David I $95,000 --
Davis Patrick T $7,000 --
Tonneson David I $95,000 --
Johnson Dennis J $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Bo $93,800
Closed Johnson Dennis J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2012 04/13/12 Sold $134,000 -3.6% $100 / Sq Ft
04/13/2012 04/13/12 Pending -- -- --
06/10/2011 06/10/11 For Sale $139,000 -- $103 / 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
2024 $5,690 $312,000 $119,000 $193,000
2023 $5,055 $316,000 $119,000 $197,000
2022 $4,129 $263,000 $69,000 $194,000
2021 $3,594 $243,000 $59,000 $184,000
2020 $3,889 $220,000 $55,800 $164,200
2019 $3,630 $220,000 $37,200 $182,800
2018 $3,136 $200,000 $37,200 $162,800
2017 $2,915 $155,500 $33,800 $121,700
2016 $3,007 $155,500 $33,800 $121,700
2015 $3,084 $152,000 $33,800 $118,200
2014 -- $142,000 $33,800 $108,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3589548

REALTOR® Association of Southern Minnesota

APN: 19-029-23-24-0118