NOT LISTED FOR SALE

10 2nd Ave NW Chisholm, MN 55719

Estimated Value: $62,800

-- Bed
-- Bath
2,600 Sq Ft
$24/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $50,000 $19 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $466/month

70 Days on Market

Highlights

  • Business Center
  • Forced Air Heating and Cooling System
  • 4-minute walk to Kiwanis Park

About This Home

As of July 2021

Beautiful farm property with nearly 140 acres in Cherry! 3 BR / 1 BA / 4 stall garage / Main floor bedroom and laundry / Many additional outbuildings including: large additional garage & shop, large pole building, barn, and sheds / Many important updates including: metal roofing on house and most outbuildings; newer gas propane furnace; updated 200 amp electrical; many newer windows; new off peak electric water heater; and new flooring in upper level. Don't miss out on this fantastic property!

Last Listed By

Greg Perrella

PERRELLA & ASSOCIATES Listed on: 06/04/2020

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $910

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 50x52

Parking

  • On-Street Parking

Home Design

  • Stone Siding

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Chisholm Subdivision
  • Business Center

Listing and Financial Details

  • Assessor Parcel Number 020001002700

Property Details

Property Type

Other

Est. Annual Taxes

$910

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Commercial
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Accessibility Features: No Stairs External, No Stairs Internal
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Current Use: Recreational
  • Year Built: 1910
  • Fractional Ownership Y N: No
  • Assessment Pending Y N: No
  • Building Finished Area: 2600.00
  • Building Finished Area Units: Square Feet
  • Carport Y N: No
  • Co Listing Association Office S K: 730
  • Foundation Area Units: Square Feet
  • Inclusions Type: Building, Land
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 11207
  • Listing Organization: Iowa
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 020001002700
  • Property Sub Type Additional: Other
  • Rental License: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Fireplace: No

Garage/Parking

  • Parking Features: On-Street Parking Only

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Utilities: Heating Common

Schools

  • School District: 695 - Chisholm
  • School District Phone: 218-254-5726

Lot Info

  • Zoning: Business/Commercial
  • Construction: Previously Owned
  • Waterfront YN: No
  • Assessment Pending: No
  • Lot Size: 50x52
  • Homestead: No
  • Lot Size Acres: 0.0600
  • Lot Size Area Units: Square Feet

Building Info

  • Units Total: 1.00

Tax Info

  • TaxLegalDescription: N 52 FT OF LOTS 17 AND 18
  • Tax Amount: 910.00
  • Tax Year: 2020
  • Tax With Assessments: 910.00
  • Assessor Parcel Number: 020001002700

MLS Schools

  • School District Name: 695 - Chisholm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 6, 2021
Sold by
Northern Minnesota Investments Llc
Bought by
Jennas Place Llc
Seller's Agent
Greg Perrella
PERRELLA & ASSOCIATES
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Total Days on Market
70
Current Estimated Value
$62,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,800
Avg. Annual Appreciation
6.17%

Purchase Details

Closed on
Jan 27, 2012
Sold by
Fagerstrom Bryan C and Fagerstrom Jennifer L
Bought by
Northern Minnesota Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,751
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 19, 2007
Sold by
Hanson Ryan D
Bought by
Fagerstrom Bryan C and Fagerstrom Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
8.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2005
Sold by
Hanson Ryan D
Bought by
Fagerstrom Bryan C and Fagerstrom Jennifer L

Purchase Details

Closed on
Jun 30, 2004
Sold by
Chisholm Area Chamber Of Commerce
Bought by
Hanson Ryan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,500
Interest Rate
6.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 2003
Sold by
Qwest Corp
Bought by
Chisholm Area Chamber Of Commerce

Range of Values:

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Average Value
Not Available
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
Jennas Place Llc $50,000 All American Title Company
Northern Minnesota Investments Llc -- All American Title Co Inc
Fagerstrom Bryan C $37,000 None Available
Fagerstrom Bryan C $37,000 --
Hanson Ryan D $30,000 --
Chisholm Area Chamber Of Commerce $4,742 --
-- $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Northern Minnesota Investments Llc $30,751
Previous Owner Fagerstrom Bryan C $12,000
Previous Owner Fagerstrom Bryan C $43,000
Previous Owner Hanson Ryan D $24,500
Closed Fagerstrom Bryan C $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $50,000 -16.5% $19 / Sq Ft
09/17/2020 09/17/20 For Sale $59,900 0.0% $23 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $59,900 -- $23 / 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 $1,420 $50,700 $3,600 $47,100
2022 $922 $50,700 $3,600 $47,100
2021 $952 $35,000 $1,800 $33,200
2020 $910 $35,000 $1,800 $33,200
2019 $920 $35,000 $1,800 $33,200
2018 $874 $35,000 $1,800 $33,200
2017 $1,112 $35,000 $1,800 $33,200
2016 $1,164 $35,300 $2,500 $32,800
2015 $1,281 $35,300 $2,500 $32,800
2014 $1,281 $35,800 $2,400 $33,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5577336

NorthstarMLS

APN: 020001002700