Sold for $67,000

$67,000

115 New Jersey Ave W, Gilbert, MN 55741

7beds

3baths

3,234sqft

Condominium

Built in 1910

-- sqft lot

$140,900 Zestimate^®

$21/sqft

$2,732 Estimated rent

Home value

$140,900

$107,000 - $178,000

$2,732/mo

Zestimate^® history

Owner options

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$2,732/mo

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$2,732/mo

Rent Zestimate^®

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$343/mo

Est. payment

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$343/mo

Est. payment

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What's special

Are you ready for a great investment opportunity? Here it is. Once occupied as a single family home but the possibilities are endless with this well maintained triplex! Use the whole space for yourself/your family or make it an income property. It's also a great opportunity for some sweat equity. Beautiful hardwood floors throughout the home, a kitchen upstairs and downstairs, new boiler system and a newer roof. The upstairs is in need of some finishing but the downstairs is livable while fixings are happening.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3

Heating

Boiler

Features

Basement: Full

Interior area

Total interior livable area: 3,234 sqft
Finished area above ground: 2,156
Finished area below ground: 1,078

Property

Parking

Parking features: None

Lot

Size: 3,049 Square Feet
Dimensions: 115.00 x 30.00

Details

Parcel number: 060002003370

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Steel Siding, Frame/Wood
Foundation: Concrete Perimeter
Roof: Asphalt Shingle

Condition

Year built: 1910

Utilities & green energy

Electric: Other
Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Gilbert

Financial & listing details

Price per square foot: $21/sqft
Tax assessed value: $89,200
Annual tax amount: $762
Date on market: 8/15/2024
Cumulative days on market: 96 days
Listing terms: Cash,Conventional
Tenant pays: None

Price history

Date	Event	Price
1/13/2025	Sold	$67,000-23.8%$21/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115563 Report a problem
1/2/2025	Listed for sale	$87,900$27/sqft
Source: Range AOR #147256 Report a problem
11/20/2024	Pending sale	$87,900$27/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115563 Report a problem
10/29/2024	Price change	$87,900-10.2%$27/sqft
Source: Range AOR #147256 Report a problem
9/4/2024	Price change	$97,900-6.7%$30/sqft
Source: Range AOR #147256 Report a problem
8/14/2024	Listed for sale	$104,900$32/sqft
Source: Range AOR #147256 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,000 -16.5%	$89,200
2023	$1,198 +4%	$89,200 +1.7%
2022	$1,152 +7.3%	$87,700
2021	$1,074	$87,700 +8%
2020	$1,074	$81,200
2019	$1,074 +26.7%	$81,200 +9.6%
2018	$848 -7.6%	$74,100
2017	$918 +8.3%	$74,100
2016	$848 -7.8%	$74,100 +90.5%
2015	$920 +8%	$38,900
2014	$852 +446.2%	$38,900 +87%
2013	$156 -4.1%	$20,800
2012	$163 +0.8%	$20,800 -40.1%
2011	$161 -17.4%	$34,700 -3.1%
2010	$195	$35,800
2009	$195 +25.2%	$35,800 +13.3%
2008	$156 +0.5%	$31,600 +0.3%
2007	$155 -11.4%	$31,500 +7.1%
2006	$175 -15.4%	$29,400
2004	$207 -22.4%	$29,400 -4.9%
2003	$267 +32.1%	$30,900 +10%
2002	$202 +2.7%	$28,100
2001	$197 -10.8%	$28,100 +5.6%
2000	$221	$26,600