Sold: Minneapolis MLS# 6516473
Sold
$455,000 (list price)
$506,000
Multi-family: Duplex Up and Down
Built 1900
2,748 sqft • 0.12 acres
Minneapolis schools
MLS# 6516473
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Highest and Best offer deadline is EOD Wednesday, 4/17. Tour this gorgeous up / down duplex located in the Lowry Hill East neighborhood, or "the Wedge". Walk to the Chain of Lakes, coffee shops, restaurants, and a movie theatre. Sellers have added countless upgrades throughout their tenure here; most recently, a new roof, new windows, and updated kitchens and bathrooms. Each unit has 2 bedrooms, PLUS the front sunrooms, and an additional sun porch at the back of the house. A remodel of the lower unit incorporates the back sun porch into the large sunny primary bedroom. There is a lovely backyard with a large patio. Note the plum tree, tart cherry tree and concord grapes as well as other thriving plants in the gardens. You could own a piece of Minnesota history. The well-known children's author of the Betsy-Tacy book series, Maud Hart Lovelace once lived here. Enjoy history while making it your own. You could remodel the third floor! Rental prices for comparable units are $2k/mo.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$455,000
Sold Price:
$506,000
Sold Date:
06/10/2024
Price per sq ft:
$166
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55408
Neighborhood/Area:
Lowry Hill East
Subdivision Name:
Harrisons 2nd Add
Interior
Finished Area:
2,748 ft2
Living Area:
2,748 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Daylight/Lookout Windows
- Storage Space
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
3
Garage Size:
540 ft2
Foundation Size:
1,374 ft2
Fencing:
Partial, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Fireplace(s)
Parking Features:
Detached
Shared Amenities:
- Common Laundry
- Patio
Road Frontage:
City Street
Exterior Material:
Stucco
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.12
Geolocation:
44.952774, -93.295337
Lot Dimensions:
40 x 128
Lot Description:
Tree Coverage - Light
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,000
Annual Maintenance Expense:
None
Annual Gross Expense:
$5,100
Annual Trash Expense:
$500
Annual Water/Sewer Expense:
$1,000
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$6,135
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$6,179
Income
Annual Gross Income:
$18,600
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Keller Williams Integrity Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.