NOT LISTED FOR SALE

Estimated Value: $976,000 - $1,069,735

7 Beds
4 Baths
4,111 Sq Ft
$251/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $1,100,000 $268 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,859/month

About This Home

As of May 2024

This sprawling, architecturally designed DUPLEX, built into the hillside, in the heart of PROSPECT PARK, is unique like no other! Renowned architect, Lisl Close, knew how to build into a landscape to appreciate the surrounding beauty while creating the functional space requested by her clients. Two distinct homes, one common wall, 4111 square feet, spacious lawn and gardens, multiple decks and patios, beautifully updated kitchens and baths, three car garage and an astounding recent Close Architecture/Gar Hargens designed addition that captures a panoramic view towards the western sky and downtown Minneapolis.

Last Listed By

Noel Krueger

Edina Realty, Inc. Listed on: 04/10/2024

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,340

Year Built

  • Built in 1948

Lot Details

  • 0.49

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Flat Roof Shape

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • Lot Dimensions are 102x185x140x25x70x130
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3002923420124

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,340

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 2831
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full
  • Living Area: 4111
  • Below Grade Finished Sq Ft: 1280
  • Basement YN: Yes
  • Amenities: City View,Deck,Patio,Panoramic View
  • Number Of Fireplaces: 1
  • Total Rooms: 8
  • Amenities: Deck,Patio,Panoramic View
  • Total Rooms: 9
  • Number Of Fireplaces: 1
  • FamilyRoomRoomFeatures: Family Room

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Roof: Flat
  • Neighborhood: Prospect Park - East River Road
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 864

Utilities

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

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 102x185x140x25x70x130
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3002923420124
  • Tax Annual Amount: 13340
  • TaxWithAssessments: 13340.0000

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
May 2, 2024
Sold by
Hein Peltier Marilyn and Peltier Steven
Bought by
Murdock Chloe and Moll Vanessa
Seller's Agent
Noel Krueger
Edina Realty, Inc.
Buyer's Agent
James Keane
Edina Realty, Inc.
List Price
$1,100,000
Sold Price
$1,100,000
Total Days on Market
0
Views
24
Current Estimated Value
$1,031,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,422
Avg. Annual Appreciation
-0.64%
Original Mortgage
$700,000
Outstanding Balance
$695,120
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$397,893

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
Murdock Chloe $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murdock Chloe $700,000
Previous Owner Peltier Marilyn K Hein $426,200
Previous Owner Peltier Steven W $438,000
Previous Owner Peltier Steven W $439,000
Previous Owner Peltier Steven W $79,634
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $3,200 -- --
09/24/2024 09/24/24 Price Changed $3,200 -5.9% $2 / Sq Ft
09/01/2024 09/01/24 For Rent $3,400 0.0% --
05/02/2024 05/02/24 Sold $1,100,000 0.0% $268 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $1,100,000 -- $268 / 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
2023 $13,340 $834,000 $349,000 $485,000
2022 $10,924 $725,000 $236,000 $489,000
2021 $9,732 $643,000 $247,000 $396,000
2020 $9,497 $584,500 $229,900 $354,600
2019 $9,940 $526,500 $196,000 $330,500
2018 $8,648 $526,500 $196,000 $330,500
2017 $7,399 $373,000 $178,200 $194,800
2016 $7,632 $373,000 $178,200 $194,800
2015 $8,730 $373,000 $178,200 $194,800
2014 -- $339,000 $186,900 $152,100
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6517104

NorthstarMLS

APN: 30-029-23-42-0124