Seller's Agent in 2024
Sarah Polovitz
Compass
(612) 743-6801
367 Total Sales
4630 Jackson St NE Minneapolis, MN 55421
Estimated Value: $367,000 - $377,000
8
Beds
2
Baths
2,554
Sq Ft
$146/Sq Ft
Est. Value
Highlights
- 3 Car Attached Garage
- Forced Air Heating System
- Privacy Fence
About This Home
As of December 2024Great investment opportunity! Presenting a remarkable duplex featuring two spacious 4-bedroom apartments, available at a price point that rivals many 1 or 2-bedroom duplexes. Currently, one unit is vacant while the other is generating rental income of $1,850 per month. Notably, PHA-approved rent for comparable 4-bedroom units exceeds $2,100 per month, offering a potential total rental income of $4,200. Historical owner expenses average approximately $1,000 per month, providing an attractive opportunity for good cash flow. This property also boasts a convenient 3-car garage, off-street parking, and laundry hookups, enhancing its appeal to prospective tenants. The duplex is well-maintained, though it experiences some water intrusion in the unfinished basement during periods of significant rainfall. Don't miss out on this exceptional investment opportunity to secure a property with strong income potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,157
Year Built
- Built in 1935
Lot Details
- Lot Dimensions are 87x139
- Privacy Fence
- Wood Fence
Parking
- 3 Car Attached Garage
- Tuck Under Garage
Home Design
- Duplex
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 2 Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Utilities
- Forced Air Heating System
Community Details
- 2 Units
- Sheffield Acres Subdivision
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity, gas
- The owner pays for insurance, sewer, taxes, trash collection
- Assessor Parcel Number 263024440097
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 30, 2024
Closed on
Dec 18, 2024
Sold by
Sievers Renee and Sievers Alexander
Bought by
Sanchez Sabino
Seller's Agent
Sarah Polovitz
Compass
Buyer's Agent
Pahola Clysdale
RE/MAX Advantage Plus
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Total Days on Market
16
Views
28
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
$3,304
Avg. Annual Appreciation
2.65%
Original Mortgage
$333,000
Outstanding Balance
$331,852
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$41,452
Purchase Details
Closed on
Sep 27, 2019
Sold by
Vogt Peter and Vogt Leann Lois
Bought by
Cullen Renee A and Cullen William J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
May 29, 2009
Sold by
Jp Morgan Chase Bank National Associatio
Bought by
Vogt Peter and Vogt Leann Lois
Purchase Details
Closed on
Dec 20, 2002
Sold by
Hines Gordon E
Bought by
Peterson Scott L
Purchase Details
Closed on
May 1, 1997
Sold by
Shabel Michael E and Shabel Laurie A
Bought by
Hines Gordon E
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 |
|---|---|---|---|
| Sanchez Sabino | $370,000 | -- | |
| Cullen Renee A | $225,000 | Servion Commercial Title | |
| Vogt Peter | $84,000 | -- | |
| Peterson Scott L | $180,000 | -- | |
| Hines Gordon E | $76,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sanchez Sabino | $333,000 | |
| Previous Owner | Cullen Renee A | $180,000 | |
| Previous Owner | Vogt Peter A | $138,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2024 12/18/24 | Sold | $370,000 | 0.0% | $145 / Sq Ft |
| 11/15/2024 11/15/24 | Pending | -- | -- | -- |
| 11/07/2024 11/07/24 | Off Market | $370,000 | -- | -- |
| 10/30/2024 10/30/24 | For Sale | $375,000 | -- | $147 / 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 |
|---|---|---|---|---|
| 2025 | $9,253 | $409,500 | $81,000 | $328,500 |
| 2024 | $9,253 | $408,600 | $76,500 | $332,100 |
| 2023 | $7,887 | $392,600 | $72,000 | $320,600 |
| 2022 | $6,688 | $407,100 | $65,400 | $341,700 |
| 2021 | $6,572 | $319,700 | $54,500 | $265,200 |
| 2020 | $6,154 | $302,500 | $54,500 | $248,000 |
| 2019 | $5,624 | $288,800 | $49,500 | $239,300 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Polovitz
-
Al Anderson
Seller Co-Listing Agent in 2024
Al Anderson
Compass
(651) 802-0271
247 Total Sales
-
Pahola Clysdale
Buyer's Agent in 2024
Pahola Clysdale
RE/MAX Advantage Plus
(651) 398-6250
177 Total Sales
Map
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6625147
APN: 26-30-24-44-0097
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