NOT LISTED FOR SALE

Estimated Value: $382,000 - $404,000

4 Beds
2 Baths
1,322 Sq Ft
$297/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $375,000 $284 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,428/month

13 Days on Market

Highlights

  • Front Porch
  • Laundry Facilities
  • Property is Fully Fenced
  • Forced Air Heating System

About This Home

As of October 2023

**SELLERS HAVE ACCEPTED AN OFFER 9/22** Craftsman-style duplex features historic arches, high ceilings and original hardwood floors. This home offers 4 beds, 2 baths and updated kitchens with modern touches including stainless steel appliances, gorgeous countertops and cabinets. The lower unit is colorful with a spacious floor plan and the upper unit contains a bistro inspired porch with stylish unique spaces. Property has a clean 2-car garage and fully fenced private backyard. Improvements from 2021 consist of adding central air in both units, lower level porch remodel, new & update furnaces, fresh paint, and new fixtures. This property has an assumable FHA mortgage with a 2.75% for qualifying buyer. Both units run as cash flowing short term rentals, generating up to $6,000/mo gross revenue (Airbnb Superhost). Property to sell fully furnished in both units. Previous long term rents were $2,200/mo for lower unit, and $1,750/mo for upper unit.

Last Agent to Sell the Property

Jennifer Rojer

Real Broker, LLC Listed on: 09/01/2023

Real Broker, LLC

Co-Listed By

Caarin Pannkuk

Real Broker, LLC

Last Buyer's Agent

Daniel Desrochers

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,451

Year Built

  • Built in 1894

Lot Details

  • Lot Dimensions are 132 x 49
  • Property is Fully Fenced
  • Wood Fence

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,322 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Front Porch
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for electricity, fuel, insurance, repairs, snow removal, trash collection, water
  • Assessor Parcel Number 292922320007

Community Details

Overview

  • 2 Units
  • Edmund Rices First Add Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,451

Year Built

Built in 1894

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Association Amenities: Common Laundry
  • Year Built: 1894
  • Above Grade Finished Sq Ft: 1322
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Living Area: 1322
  • Owner Pays: Electricity, Fuel, Insurance, Repairs, Snow Removal, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s),Main Floor Primary Bedroom,Porch
  • Appliances: Dishwasher,Dryer,Microwave,Range,Stainless Steel Appliances
  • Number Of Fireplaces: 1
  • Amenities: Porch
  • Appliances: Dishwasher,Microwave,Range,Stainless Steel Appliances
  • Shared Rooms: Other
  • Number Of Fireplaces: 1

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: Full, Wood
  • Neighborhood: Payne-Phalen
  • PatioPorchType: Front Porch

Garage/Parking

  • Parking Features: Detached, Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: St. Paul
  • SchoolDistrictPhone: 651-767-8100

Lot Info

  • Lot Size: 132 x 49
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco, Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 36600.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 292922320007
  • Tax Annual Amount: 4451
  • TaxWithAssessments: 4776.0000

Multi Family

  • ElectricExpense: 175
  • FuelExpense: 175
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Oct 26, 2023
Sold by
Larson Cassandra and Larson Eric
Bought by
Keenan Kelsey
Seller's Agent
Jennifer Rojer
Real Broker, LLC
Buyer's Agent
Daniel Desrochers
eXp Realty
List Price
$415,000
Sold Price
$375,000
Premium/Discount to List
-$40,000
-9.64%
Views
12
Current Estimated Value
$392,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,574
Avg. Annual Appreciation
2.15%
Original Mortgage
$355,244
Outstanding Balance
$348,658
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$43,916

Purchase Details

Listed on
Sep 1, 2023
Closed on
Oct 20, 2023
Sold by
Larson Cassandra and Larson Eric
Bought by
Keenan Kelsey
Seller's Agent
Jennifer Rojer
Real Broker, LLC
Buyer's Agent
Daniel Desrochers
eXp Realty
List Price
$415,000
Sold Price
$375,000
Premium/Discount to List
-$40,000
-9.64%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,244
Outstanding Balance
$348,658
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$43,916

Purchase Details

Closed on
Oct 8, 2020
Sold by
Espindola Hermila and Espindola Jose
Bought by
Schultz Cassandra and Larson Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2007
Sold by
Lee Xang and Vang Seng
Bought by
Lee Xang and Vang Seng

Purchase Details

Closed on
Jan 17, 1997
Sold by
Hud
Bought by
Lee Xang and Vang Seng
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Keenan Kelsey $375,000 --
Keenan Kelsey $375,000 Edgewater Title
Schultz Cassandra $310,000 Titlesmart Icn
Lee Xang $64,500 --
Lee Xang $18,506 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keenan Kelsey $355,244
Closed Keenan Kelsey $356,250
Previous Owner Schultz Cassandra $304,385
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2023 10/26/23 Sold $375,000 0.0% $284 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $375,000 -9.6% $284 / Sq Ft
09/15/2023 09/15/23 For Sale $415,000 -- $314 / Sq Ft
Source: NorthstarMLS

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
2025 $4,382 $332,400 $25,000 $307,400
2023 $4,382 $279,600 $20,000 $259,600
2022 $4,480 $299,600 $20,000 $279,600
2021 $2,138 $280,000 $20,000 $260,000
2020 $2,316 $153,900 $8,500 $145,400
2019 $1,822 $134,600 $8,500 $126,100
2018 $1,648 $103,500 $8,500 $95,000
2017 $1,252 $90,000 $8,500 $81,500
2016 $1,280 $0 $0 $0
2015 $1,328 $74,500 $8,500 $66,000
2014 $1,274 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6416407

NorthstarMLS

APN: 29-29-22-32-0007