Seller's Agent in 2022
Mike Carlson
RE/MAX Advantage Plus
(218) 850-7146
153 Total Sales
108 E Main Ave Frazee, MN 56544
Estimated Value: $161,000 - $209,919
3
Beds
2
Baths
4,035
Sq Ft
$46/Sq Ft
Est. Value
About This Home
As of June 2022INVESTMENT OPPORTUNITY! Interested in a combination commercial and residential rental property? Multiple office spaces in the West Wing and a 4B/1B residence in the East Wing. This very accessible property has excellent road frontage on Main Ave with easy side street parking, a private gated driveway servicing the residential unit, and an optional rear gated entrance as well. Solberg Insurance willing to consider a temporary rent back to new Buyer.
Property Details
Property Type
- Other
Est. Annual Taxes
- $2,284
Year Built
- Built in 1937
Lot Details
- 0.46 Acre Lot
Parking
- Detached Garage
Home Design
- 4,035 Sq Ft Home
- Frame Construction
- Rubber Roof
- Steel Siding
Utilities
- Window Unit Cooling System
- Radiant Heating System
Community Details
- 2 Units
- Business Center
Listing and Financial Details
- Assessor Parcel Number 500045000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2022
Closed on
Jun 1, 2022
Sold by
Mcbr Properties Llc
Bought by
Peterson Heath and Peterson Laura
Seller's Agent
Mike Carlson
RE/MAX Advantage Plus
Buyer's Agent
Austin Bachmann
Counselor Realty Detroit Lakes
List Price
$179,000
Sold Price
$154,900
Premium/Discount to List
-$24,100
-13.46%
Total Days on Market
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,830
Avg. Annual Appreciation
9.06%
Original Mortgage
$154,900
Outstanding Balance
$148,662
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$50,894
Purchase Details
Listed on
Apr 12, 2022
Closed on
May 31, 2022
Sold by
Mcbr Properties Llc
Bought by
Peterson Heath and Peterson Laura
Seller's Agent
Mike Carlson
RE/MAX Advantage Plus
Buyer's Agent
Austin Bachmann
Counselor Realty Detroit Lakes
List Price
$179,000
Sold Price
$154,900
Premium/Discount to List
-$24,100
-13.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,900
Outstanding Balance
$148,662
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$50,894
Purchase Details
Closed on
Feb 7, 2022
Sold by
Jacobs Bruce C and Jacobs Barbara J
Bought by
Mcbr Properties Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Peterson Heath | $154,900 | -- | |
| Peterson Heath | $154,900 | None Listed On Document | |
| Mcbr Properties Llc | $130,200 | Minnesota Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Peterson Heath | $50,000 | |
| Open | Peterson Heath | $154,900 | |
| Closed | Peterson Heath | $145,370 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2022 06/01/22 | Sold | $154,900 | -13.5% | $38 / Sq Ft |
| 04/21/2022 04/21/22 | Pending | -- | -- | -- |
| 04/12/2022 04/12/22 | For Sale | $179,000 | -- | $44 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $2,332 | $197,600 | $15,700 | $181,900 |
| 2023 | $2,332 | $205,000 | $15,700 | $189,300 |
| 2022 | $2,390 | $155,600 | $11,400 | $144,200 |
| 2021 | $2,138 | $146,700 | $11,400 | $135,300 |
| 2020 | $1,404 | $146,700 | $11,400 | $135,300 |
| 2019 | $1,492 | $106,500 | $11,400 | $95,100 |
| 2018 | $2,278 | $115,700 | $11,400 | $104,300 |
| 2017 | $2,516 | $128,200 | $11,400 | $116,800 |
| 2016 | $2,516 | $123,800 | $11,400 | $112,400 |
| 2015 | $2,712 | $115,000 | $11,400 | $103,600 |
| 2014 | -- | $110,400 | $11,400 | $99,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Carlson
-
Austin Bachmann
Buyer's Agent in 2022
Austin Bachmann
Counselor Realty Detroit Lakes
(218) 841-2469
78 Total Sales
Map
Source: NorthstarMLS
MLS Number: NST6207068
APN: R500045000
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