NOT LISTED FOR SALE

102 1st St N Virginia, MN 55792

Estimated Value: $106,000 - $130,536

1 Bed
1.5 Baths
2,432 Sq Ft
$48/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $105,000 $43 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $751/month

46 Days on Market

Highlights

  • Ranch Style House
  • Main Floor Primary Bedroom
  • No HOA
  • Rock Ridge High School Rated 10
  • Corner Lot
  • Den

About This Home

As of August 2022

This commercial and residential zoned multi-purpose building is perfect for a small business owner looking to work close to home. The business side of the building has several office areas and an adequate waiting area for several guests. There are five 12x8 exam rooms that can be used in a multitude of ways. Down the hall, there is a bathroom for business usage and plenty of storage for any business you bring in. Through a simple door, you can be back home in time for dinner or your favorite hobby without spending any time on a commute. The residential side of the property includes a spacious one bedroom plus den, yard, and two stall garage. When entering through the commercial side, you enter into a laundry room that can be used solely for the home or mixed usage between the home and business. When entering the residence from the outside, the entrance brings you into the living room. Come and view this well kept 1945 corner property to envision the perfect place for your home/business combo or rework the entire layout for a fresh concept.

Last Agent to Sell the Property

Sharon Skorich

Edina Realty, Inc. - Duluth Listed on: 05/23/2022

Edina Realty, Inc. - Duluth

Co-Listed By

Amanda Skorich

Edina Realty, Inc. - Duluth

Last Buyer's Agent

Kimberly Culbert-Blaeser

Culbert Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $970

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 36x120
  • Fenced Yard
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,432 Sq Ft Home
  • Living Room
  • Dining Room
  • Den
  • Storage Room
  • Utility Room
  • Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps

Utilities

  • Heating System Uses Steam
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 090-0010-03130

Home Details

Home Type

Single Family

Est. Annual Taxes

$970

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Follow street signs, in town.
  • InternetOptions: Cable
  • L O1 Office Phone1 Number: 218-728-7700
  • List Price/ Sq Ft: 43.17
  • Remodeled Addition: Yes
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Ada Features: No Stairs Internal
  • Reso Association Amenities: Tiled Floors, Main Floor Laundry
  • Amenities Exterior: Fenced Yard - Full
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood, Brick
  • FinFootageAboveGrade: 2432
  • Garage Type: Detached
  • Heat: Steam
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 1
  • Year Built: 1945
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Range/Stove, Washer
  • Basement Features: N/A
  • Basement Material: Poured Concrete
  • Basement Style: Slab
  • Bathroom Description: 1/2 Main Floor, Full Main Floor
  • Formal Dining: Informal Dining Room
  • Extra Rooms: Den/Office, Storage Room, Utility Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Den/Office
  • Stories: 1 Story
  • Room 6: Laundry Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2432
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Brick, Wood

Garage/Parking

  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 24x30

Utilities

  • Power Company: Virginia Public Utilities
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Rock Ridge #2909
  • Junior High Dist: Rock Ridge #2909

Lot Info

  • Geo Update Timestamp: 2022-05-24
  • Estimated Lot Dimensions: 36X120
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot
  • Parcel Number: 090-0010-03130

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 969.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Aug 18, 2022
Sold by
Bryan Okland
Bought by
K & M Midwest Properties Llc
Seller's Agent
Sharon Skorich
Edina Realty, Inc. - Duluth
Buyer's Agent
Kimberly Culbert-Blaeser
Culbert Realty, Inc.
List Price
$105,000
Sold Price
$105,000
Current Estimated Value
$116,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,884
Avg. Annual Appreciation
3.92%
Original Mortgage
$84,000
Outstanding Balance
$67,112
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$51,128

Purchase Details

Closed on
Aug 18, 2016
Sold by
Skorich Michael G and Skorich Helen M
Bought by
Okland Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 2004
Sold by
Skorich Michael G and Skorich Helen M
Bought by
Okland Bryan
Source: Public Records

Range of Values:

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Average Value
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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
K & M Midwest Properties Llc $105,000 --
Okland Bryan $120,000 Northeast Title Company
Okland Bryan $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K & M Midwest Properties Llc $84,000
Previous Owner Okland Bryan $100,000
Closed Okland Bryan $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $105,000 0.0% $43 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $105,000 -- $43 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $1,612 $53,500 $5,600 $47,900
2022 $960 $53,500 $5,600 $47,900
2021 $978 $53,500 $5,600 $47,900
2020 $1,034 $53,500 $5,600 $47,900
2019 $824 $57,100 $5,600 $51,500
2018 $816 $54,800 $5,200 $49,600
2017 $1,072 $54,800 $5,200 $49,600
2016 $1,038 $60,400 $5,200 $55,200
2015 $1,095 $53,600 $4,400 $49,200
2014 $1,095 $53,600 $4,400 $49,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6103006

APN: 090001003130