908 3rd Ave NW Austin, MN 55912
Estimated Value: $99,000 - $111,836
3
Beds
2
Baths
1,455
Sq Ft
$74/Sq Ft
Est. Value
Highlights
- Porch
- Forced Air Heating System
- Privacy Fence
About This Home
As of May 2023Investment property 2 units, new siding, newer roof, great cash flow with 12% cap rate.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,594
Year Built
- Built in 1916
Lot Details
- Lot Dimensions are 45' x 135'
- Privacy Fence
- Wood Fence
Parking
- 1 Car Garage
Home Design
- Duplex
- Architectural Shingle Roof
Interior Spaces
- 1,455 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Porch
- Forced Air Heating System
Community Details
- 2 Units
- Yates & Lewis Subdivision
Listing and Financial Details
- Tenant pays for cable TV, electricity, fuel, grounds care, snow removal, water
- The owner pays for insurance, repairs, trash collection
- Assessor Parcel Number 347954250
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2023
Closed on
May 31, 2023
Sold by
Mehling Properties Llc
Bought by
Carr Micahel and Carr Brooke
Seller's Agent
Matthew Fowler
Fowler Realty
Buyer's Agent
Matthew Fowler
Fowler Realty
List Price
$95,000
Sold Price
$86,000
Premium/Discount to List
-$9,000
-9.47%
Views
73
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
$21,459
Avg. Annual Appreciation
11.36%
Original Mortgage
$86,000
Outstanding Balance
$84,151
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$23,308
Purchase Details
Closed on
Dec 10, 2019
Sold by
Earl Steven M and Earl Kathleen M
Bought by
Mehling Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 27, 2017
Sold by
Earl Steven M and Earl Kathleen M
Bought by
Earl Steven M and Earl Kathleen M
Similar Home in Austin, MN
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carr Micahel | $86,000 | -- | |
| Mehling Properties Llc | $62,000 | None Available | |
| Earl Steven M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carr Micahel | $86,000 | |
| Previous Owner | Mehling Properties Llc | $72,000 | |
| Previous Owner | Mehling Properties Llc | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2023 05/31/23 | Sold | $86,000 | -9.5% | $59 / Sq Ft |
| 05/01/2023 05/01/23 | Pending | -- | -- | -- |
| 04/26/2023 04/26/23 | For Sale | $95,000 | -- | $65 / 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 | $1,806 | $96,600 | $21,600 | $75,000 |
| 2023 | $1,636 | $86,400 | $21,600 | $64,800 |
| 2022 | $1,594 | $85,700 | $21,600 | $64,100 |
| 2021 | $1,176 | $75,900 | $15,900 | $60,000 |
| 2020 | $1,112 | $51,400 | $14,800 | $36,600 |
| 2018 | $505 | $45,600 | $14,800 | $30,800 |
| 2017 | $1,010 | $0 | $0 | $0 |
| 2016 | $1,132 | $0 | $0 | $0 |
| 2015 | $1,092 | $0 | $0 | $0 |
| 2012 | $1,092 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Fowler
Seller's Agent in 2023
Matthew Fowler
Fowler Realty
(507) 273-7413
4 in this area
88 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6360644
APN: 34-795-4250
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