NOT LISTED FOR SALE

1007 Somerset Dr Thief River Falls, MN 56701

Estimated Value: $292,000 - $401,000

4 Beds
2.5 Baths
2,564 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $375,000 $146 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,219/month

23 Days on Market

Highlights

  • Deck
  • Stainless Steel Appliances
  • Patio
  • No HOA
  • 2 Car Attached Garage
  • Living Room

About This Home

As of October 2023

Wishing for a home with extras? We can make your wish come true! This home offers a surprise at every turn - from the spacious foyer that welcomes your guests and family, to the custom finishes throughout - designed, created and installed by local artisans. Some of the home's features include 4 bedrooms with large closets, 3 renovated baths, a gourmet kitchen with loads of storage and workspace, hand-scraped exotic padauk wood flooring, cherry cabinetry, solid-core paneled doors, granite countertops and vanities, and a paving brick and stone patio with a fire-pit and water feature that will captivate the attention of your visitors - and the perfect spot to host large gatherings or to just relax on a summer or fall evening. The property also includes an over-sized double garage that is finished and heated, and a 12x20 storage garage for toys, mowers, and seasonal furniture. This home will be your castle, your oasis, your sanctuary and the home you'll enjoy for years to come!

Last Agent to Sell the Property

Diedre Nordin

Nordin Realty Inc. Listed on: 07/31/2023

Last Buyer's Agent

Diedre Nordin

Nordin Realty Inc. Listed on: 07/31/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,270

Year Built

  • Built in 1992

Lot Details

  • 0.33 Acre Lot
  • Irregular Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Architectural Shingle Roof

Interior Spaces

  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Utility Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Drainage System
  • Sump Pump
  • Drain
  • Basement Window Egress

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Oakland Park Second Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number R2504902830

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,270

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1992
  • Above Grade Finished Sq Ft: 1464
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • FoundationDimensions: 28x42,12x24
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Drainage System, Egress Window(s), Finished, Concrete, Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 2564
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1100
  • Basement YN: Yes
  • Dining Room Type: Foyer, Bathroom, Laundry, Living Room, Kitchen, Dining Room, Deck, Bedroom 1, Bedroom 2, Family Room, Bedroom 3, Bedroom 4, Storage, Utility Room, Patio, Garage
  • SqFtTotal: 2640.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Architectural Shingle
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Composite Decking,Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Open
  • Garage Square Feet: 700
  • ParkingOpen: 4

Utilities

  • Heating: Forced Air, Heat Pump
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Northern Municipal Power Agency

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Thief River Falls
  • SchoolDistrictNumber: 564
  • SchoolDistrictPhone: 218-681-8711

Lot Info

  • Topography: Level
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 14461.92
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: R2504902830
  • Tax Annual Amount: 4270
  • TaxWithAssessments: 4270.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Oct 12, 2023
Sold by
Brekke Scott J and Brekke Joyce M
Bought by
Lian Alison N and Ostby Cory S
Seller's Agent
Diedre Nordin
Nordin Realty Inc.
Buyer's Agent
Diedre Nordin
Nordin Realty Inc.
List Price
$394,500
Sold Price
$375,000
Premium/Discount to List
-$19,500
-4.94%
Views
73
Current Estimated Value
$345,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,680
Avg. Annual Appreciation
-4.12%
Original Mortgage
$363,750
Outstanding Balance
$357,006
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
-$11,686
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Lian Alison N $375,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lian Alison N $363,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $375,000 -4.9% $146 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $394,500 -- $154 / 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
2024 $4,740 $299,800 $31,700 $268,100
2023 $4,478 $299,800 $0 $0
2022 $4,198 $279,000 $0 $0
2021 $3,894 $240,800 $0 $0
2020 $3,718 $223,500 $0 $0
2019 $3,548 $221,100 $0 $0
2018 $3,462 $221,100 $0 $0
2017 $3,332 $218,200 $0 $0
2016 $3,030 $209,300 $0 $0
2014 $3,060 $193,000 $0 $0
2013 $3,128 $184,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6409978

NorthstarMLS

APN: R-25.04902830