Seller's Agent in 2024
Tiffany Flynn
Infinity Real Estate
(507) 606-2575
9 in this area
14 Total Sales
907 4th St NW Austin, MN 55912
6
Beds
4
Baths
2,676
Sq Ft
9,148
Sq Ft Lot
Highlights
- Parking Storage or Cabinetry
- Hot Water Heating System
- Partially Fenced Property
About This Home
As of August 2024outstanding 6 bed, 2 bath duplex situated in the heart of Austin, MN. With a massive 2,676 sq ft of living space split between two mirrored units, this property offers unbeatable value and income potential. Separate laundry rooms, garage spaces, and parking. Fully separate utilities allow for tenants to manage their own use. current tenants are on month-to-month leases after fulfilling long-term contracts, presenting a fantastic opportunity for the new owner. live in one unit while collecting rent from the other side. Or, seize this chance to propose new long-term leases at rental rates that are more aligned with today's market. the true prize lies in the duplex's exceptional location directly across from the Mayo Clinic. Residents can walk to work, dining, shopping, and entertainment in minutes, ensuring a steady stream of prospective renters from the hospital's staff and surrounding businesses. This property has demonstrated remarkable tenant stability over recent years.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,014
Year Built
- Built in 1914
Lot Details
- Lot Dimensions are 68x135
- Partially Fenced Property
- Privacy Fence
- Wood Fence
Parking
- 4 Car Garage
- Parking Storage or Cabinetry
- Garage Door Opener
- Assigned Parking
Home Design
- Duplex
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
- Natural lighting in basement
Utilities
- Hot Water Heating System
Community Details
- 2 Units
- Woodlawn Park Add Subdivision
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for grounds care, repairs, taxes
- Assessor Parcel Number 347901510
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2024
Closed on
Aug 20, 2024
Sold by
Passman Benjamin and Passman Amy
Bought by
Alves Bruno
Seller's Agent
Tiffany Flynn
Infinity Real Estate
Buyer's Agent
Jacob Smith
eXp Realty
List Price
$259,000
Sold Price
$223,000
Premium/Discount to List
-$36,000
-13.9%
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,115
Avg. Annual Appreciation
8.95%
Original Mortgage
$211,850
Outstanding Balance
$210,601
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$28,224
Purchase Details
Closed on
Oct 5, 2021
Sold by
Noser Holdings Llc
Bought by
Passman Benjamin O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 9, 2017
Sold by
Noser Britt A and Noser Kelly A
Bought by
Noser Holdings Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $223,000 | -- | |
| Warranty Deed | $200,500 | Rochester Title | |
| Quit Claim Deed | -- | -- | |
| Deed | $200,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $211,850 | New Conventional | |
| Previous Owner | $138,000 | New Conventional | |
| Previous Owner | $100,000 | Commercial | |
| Previous Owner | $90,000 | New Conventional | |
| Closed | $138,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $223,000 | -13.9% | $83 / Sq Ft |
| 07/19/2024 07/19/24 | Pending | -- | -- | -- |
| 05/23/2024 05/23/24 | For Sale | $259,000 | -- | $97 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $2,994 | $207,400 | $32,400 | $175,000 |
| 2023 | $2,868 | $183,500 | $32,400 | $151,100 |
| 2022 | $2,708 | $181,900 | $32,400 | $149,500 |
| 2021 | $2,424 | $147,500 | $23,900 | $123,600 |
| 2020 | $2,224 | $128,900 | $22,200 | $106,700 |
| 2018 | $987 | $112,700 | $22,200 | $90,500 |
| 2017 | $1,974 | $0 | $0 | $0 |
| 2016 | $1,772 | $0 | $0 | $0 |
| 2015 | $1,946 | $0 | $0 | $0 |
| 2012 | $1,946 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tiffany Flynn
-
Jacob Smith
Buyer's Agent in 2024
Jacob Smith
eXp Realty
(507) 219-0666
139 in this area
206 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6540217
APN: 34-790-1510
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