NOT LISTED FOR SALE

Estimated Value: $341,000 - $412,908

6 Beds
2 Baths
2,744 Sq Ft
$134/Sq Ft Est. Value

Last Sold June 05, 2013

Last sale price $87,500 $32 Per Sq Ft

Est. 320% increase in value since last sale

Current estimated payment $2,533/month

7 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Detached Garage
  • Landscaped with Trees
  • Wood Flooring
  • Fireplace
  • 5-minute walk to Farwell Park

About This Home

As of June 2013

Home is an estate, family used as single family residence. Large duplex in need of repairs. Newer roof, soffit, fascia & gutters. One boiler in home - 3 bedrooms on each level. Investor Special. Highest and Best offer offer due 3 PM Thursday 5/16/2013.

Last Agent to Sell the Property

Mary Gaulke

Keller Williams Realty Integrity-Edina Listed on: 05/13/2013

Last Buyer's Agent

Edna Herlitz

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 42x100
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,744 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Wood Flooring
  • Washer and Dryer Hookup
  • Unfinished Basement

Location

  • Property is near public transit

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Boiler Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Projected Closed Date: 06/05/2013
  • Stories: 2 Story
  • Taxes With Assessments: 2874
  • Estimated Number of Acres: 0.1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished
  • Finished Above Grade Sq Ft: 2744
  • Total Fin Square Footage: 2744

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1

Utilities

  • Heat: Boiler

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium
  • Estimated Lot Dimensions: 42x100

Building Info

  • Year Built: 1925

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 2874

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2015
Sold by
Espinoza Doris D Cruz
Bought by
Lundquist David R and Lundquist Susan E
Total Days on Market
7
Current Estimated Value
$367,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$86,107
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$281,370

Purchase Details

Closed on
Dec 4, 2014
Sold by
Cruz Roldan Orlando and Espinoza Onofre Elvira
Bought by
Cruz Espinoza Doris Dey

Purchase Details

Closed on
Aug 6, 2014
Sold by
Latin Work Remodeling Corp
Bought by
Prairie Capital Inc

Purchase Details

Listed on
May 13, 2013
Closed on
Jun 5, 2013
Sold by
Brewer Yvette
Bought by
Latin Work Remdeling Corporation
Seller's Agent
Mary Gaulke
Keller Williams Realty Integrity-Edina
Buyer's Agent
Edna Herlitz
Edina Realty, Inc.
List Price
$80,000
Sold Price
$87,500
Premium/Discount to List
$7,500
9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.70%
Original Mortgage
$90,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Lundquist David R $224,000 Gibraltar Title
Cruz Espinoza Doris Dey -- None Available
Prairie Capital Inc $115,478 None Available
Latin Work Remdeling Corporation $84,926 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lundquist David R $110,000
Previous Owner Latin Work Remdeling Corporation $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2013 06/05/13 Sold $87,500 +9.4% $32 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $80,000 -- $29 / 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 $5,639 $422,000 $21,000 $401,000
2022 $4,878 $411,000 $14,000 $397,000
2021 $4,490 $334,000 $14,000 $320,000
2020 $4,443 $317,000 $10,500 $306,500
2019 $3,968 $291,000 $7,000 $284,000
2018 $3,158 $253,000 $7,000 $246,000
2017 $2,836 $202,000 $6,400 $195,600
2016 $2,155 $156,500 $6,400 $150,100
2015 $3,338 $156,500 $6,400 $150,100
2014 -- $136,000 $6,400 $129,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4476630

REALTOR® Association of Southern Minnesota

APN: 20-029-24-14-0184