NOT LISTED FOR SALE

Estimated Value: $234,000 - $256,000

4 Beds
2 Baths
1,776 Sq Ft
$139/Sq Ft Est. Value

Last Sold December 20, 2012

Last sale price $57,500 $32 Per Sq Ft

Est. 330% increase in value since last sale

Current estimated payment $1,614/month

220 Days on Market

Highlights

  • 1 Car Detached Garage
  • Landscaped with Trees
  • Wood Siding
  • Woodwork
  • Forced Air Heating System

About This Home

As of December 2012

Good rental history. Lots of updates. Common laundry in basement. Net income $13680 per year.

Last Agent to Sell the Property

Kevin Adkins

Edina Realty, Inc. Listed on: 05/14/2012

Last Buyer's Agent

Christopher Lutter

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,326

Year Built

  • Built in 1885

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,776 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Basement Fills Entire Space Under The House

Kitchen

  • Cooktop
  • Disposal

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel
  • The owner pays for lawn, maint/repair, trash, water/sewer
  • Assessor Parcel Number 282922240197

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,326

Year Built

Built in 1885

Lot Details

0

Parking

1

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessment Balance: 323.74
  • Assessments: Yes
  • Construction: Previously Owned
  • Parcel Number: 282922240197
  • Projected Closed Date: 12/26/2012
  • Stories: 2 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1650
  • Estimated Number of Acres: 0.11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Cooktop, Disposal, Refrigerator
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1776
  • Total Fin Square Footage: 1776

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Asphalt, Driveway - Shared

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1

Utilities

  • Heat: Forced Air

Schools

  • School District: St. Paul #625

Lot Info

  • Lot/Land Description: Tree Coverage - Medium
  • Estimated Lot Dimensions: 40X125

Rental Info

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

Building Info

  • Year Built: 1885

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 5784

Tax Info

  • Year: 2012
  • Tax Value: 1326

MLS Schools

  • School District: St. Paul #625

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2012
Closed on
Jan 2, 2013
Sold by
Calhoun Ventures Llc
Bought by
Aree Properties Llc
Seller's Agent
Kevin Adkins
Edina Realty, Inc.
Buyer's Agent
Christopher Lutter
RE/MAX Results
List Price
$80,000
Sold Price
$57,500
Premium/Discount to List
-$22,500
-28.12%
Current Estimated Value
$247,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,500
Avg. Annual Appreciation
12.04%

Purchase Details

Listed on
May 14, 2012
Closed on
Nov 5, 2012
Sold by
Severson Albert A
Bought by
Calhoun Ventures Llc
Seller's Agent
Kevin Adkins
Edina Realty, Inc.
Buyer's Agent
Christopher Lutter
RE/MAX Results
List Price
$80,000
Sold Price
$57,500
Premium/Discount to List
-$22,500
-28.12%
Source: Public Records

Range of Values:

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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
Aree Properties Llc -- Titlenexus Llc
Calhoun Ventures Llc $57,500 Titlenexus Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2012 12/20/12 Sold $57,500 -28.1% $32 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $80,000 -- $45 / 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
2025 $3,664 $202,100 $25,000 $177,100
2023 $3,664 $174,300 $20,000 $154,300
2022 $3,030 $152,800 $20,000 $132,800
2021 $2,732 $138,500 $20,000 $118,500
2020 $2,594 $133,500 $7,000 $126,500
2019 $2,128 $117,200 $7,000 $110,200
2018 $2,130 $93,100 $7,000 $86,100
2017 $1,938 $93,100 $7,000 $86,100
2016 $1,838 $0 $0 $0
2015 $1,706 $85,500 $7,000 $78,500
2014 $1,660 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3590735

REALTOR® Association of Southern Minnesota

APN: 28-29-22-24-0197