$575,000
SOLD NOV 15, 2024
7 Beds
3 Baths
3,355 Sq Ft
1903 Built

Recently Sold

$171 Per Sq Ft

8% Below List Price

1 Day on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Baseboard Heating
  • Patio

About This Home

As of November 2024

This completely renovated triplex truly has it all. With modern updates, original hardwoods, and 10' ceilings, this does not feel like your average Multifamily. Situated just off of Victory Memorial Drive & walking distance to the local market, library, coffee shops, restaurants, walking/biking paths, public pool, a quick drive to downtown, & so much more. A perfect opportunity for an owner occupant OR to maximize your rental amounts which are far above average for this area. Note the low property taxes! Equity building opportunity in the spacious Basement that has a dedicated separate entrance, washer/dryer, sink hook up, and a ductless mini split unit to provide heating/cooling. There is also a walk-up attic space that could also be utilized via the second unit. Do not miss out on this amazing property!

Last Agent to Sell the Property

Ambrosia Ayde

Fox Realty

Last Buyer's Agent

Ramsey Sorrells

Realty ONE Group Choice

Realty ONE Group Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,557

Year Built

  • Built in 1903

Lot Details

  • Lot Dimensions are 80x92.91

Parking

  • Unassigned Parking

Home Design

  • Triplex
  • Architectural Shingle Roof

Interior Spaces

  • 3,355 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for cable TV, electricity, fuel, insurance, grounds care, repairs, snow removal, taxes, trash collection
  • Assessor Parcel Number 1411821120006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,557

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Patio, Porch
  • Year Built: 1903
  • Above Grade Finished Sq Ft: 3355
  • Water Sewer Expenses: 1500
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 3355
  • Owner Pays: Cable TV, Electricity, Fuel, Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection
  • Basement YN: Yes
  • Number Of Fireplaces: 1
  • Total Rooms: 10
  • Total Rooms: 6
  • Shared Rooms: Other
  • Number Of Fireplaces: 0
  • Number Of Fireplaces: 0
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle
  • Fencing: None
  • Neighborhood: Webber - Camden
  • PatioPorchType: Covered,Front Porch

Garage/Parking

  • Parking Features: Gravel, Asphalt, Paved, Unassigned, Open
  • Garage Square Feet: 0
  • Other Parking Spaces: 2
  • Other Parking Spaces: 1
  • Other Parking Spaces: 1

Utilities

  • Heating: Baseboard, Ductless Mini-Split, Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric,Natural Gas
  • Number of Ranges: Three

Schools

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

Lot Info

  • Lot Size: 80x92.91
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1411821120006
  • Tax Annual Amount: 3557
  • TaxWithAssessments: 3557.0000

Multi Family

  • TenantPays: None
  • ElectricExpense: 4284
  • FuelExpense: 2293
  • Number Of Refrigerators: Three

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $575,000 -8.0% $171 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $625,000 +109.2% $186 / Sq Ft
12/06/2021 12/06/21 Sold $298,700 -14.6% $91 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $349,900 -- $107 / Sq Ft
Source: NorthstarMLS

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 $3,557 $285,000 $43,000 $242,000
2022 $6,355 $282,000 $37,000 $245,000
2021 $7,931 $235,000 $12,000 $223,000
2020 $4,500 $213,500 $42,600 $170,900
2019 $3,360 $192,500 $28,400 $164,100
2018 $3,129 $175,000 $28,400 $146,600
2017 $2,540 $137,000 $25,800 $111,200
2016 $2,379 $124,500 $25,800 $98,700
2015 $3,170 $120,000 $25,800 $94,200
2014 -- $109,000 $28,000 $81,000
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $575,000 New Conventional
Closed $564,585 FHA
Previous Owner $406,500 New Conventional
Previous Owner $152,100 New Conventional
Previous Owner $224,025 New Conventional
Previous Owner $250,000 Commercial
Previous Owner $189,975 Construction
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $575,000 None Listed On Document
Deed $575,000 --
Warranty Deed $298,700 Title Werks Llc
Warranty Deed $122,500 Trademark Title Services Inc
Warranty Deed $102,000 --
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6589397

NorthstarMLS

APN: 14-118-21-12-0006