NOT LISTED FOR SALE

1101 Summit St Brainerd, MN 56401

Estimated Value: $245,000 - $270,000

6 Beds
2 Baths
1,825 Sq Ft
$139/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $215,000 $118 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,544/month

102 Days on Market

Highlights

  • 40,511 Sq Ft lot
  • Radiant Floor
  • Living Room
  • Brainerd Senior High School Rated 9+
  • No HOA
  • Laundry Room

About This Home

As of March 2024

Are you ready to roll up your sleeves and turn this hidden treasure into your home? Yes, this home needs some cosmetic work. However, with six bedrooms, nestled in at a dead-end road, on a large private lot it has potential. If you are an investor or a family that needs six bedrooms and wants to avoid a large mortgage, this home presents an opportunity for those with a vision. It’s been suggested that it could be renovated into a duplex. While it needs some TLC and cosmetic repairs, it's brimming with possibilities.

Last Agent to Sell the Property

Michael Fish

MN Real Estate and Management LLC Listed on: 11/18/2023

Last Buyer's Agent

Michael Fish

MN Real Estate and Management LLC Listed on: 11/18/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,352

Year Built

  • Built in 2008

Lot Details

  • 0.93 Acre Lot
  • Lot Dimensions are 254x267
  • Zoning described as Residential-Multi-Family

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,825 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Radiant Floor
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 060361100L00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,352

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 2008
  • Above Grade Finished Sq Ft: 1825
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Living Area: 1825
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom, Laundry

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Asphalt

Utilities

  • Heating: Radiant Floor
  • Sewer: City Sewer - In Street
  • Fuel: Electric
  • Power Company: Crow Wing Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Brainerd
  • SchoolDistrictPhone: 218-454-6900

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 254x267
  • Lot Size Sq Ft: 40510.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 060361100L00009
  • Tax Annual Amount: 2352
  • TaxWithAssessments: 2352.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2023
Closed on
Mar 15, 2024
Sold by
Roberts Kathleen K and Rudolph Kathleen K
Bought by
Beeler Jeffery
Seller's Agent
Michael Fish
MN Real Estate and Management LLC
Buyer's Agent
Michael Fish
MN Real Estate and Management LLC
List Price
$220,000
Sold Price
$215,000
Premium/Discount to List
-$5,000
-2.27%
Views
263
Current Estimated Value
$254,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,216
Avg. Annual Appreciation
9.81%
Original Mortgage
$161,250
Outstanding Balance
$158,568
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$95,648

Purchase Details

Closed on
Mar 1, 2008
Bought by
Robertson Kathleen K

Purchase Details

Closed on
Oct 1, 2004
Bought by
Juaire Michael A and Juaire Tina M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Beeler Jeffery $215,000 Title Team-Noble Escrow
Robertson Kathleen K $150,000 --
Juaire Michael A $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beeler Jeffery $161,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $215,000 0.0% $118 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
01/27/2024 01/27/24 Off Market $215,000 -- --
01/08/2024 01/08/24 Price Changed $215,000 -2.3% $118 / Sq Ft
11/18/2023 11/18/23 For Sale $220,000 -- $121 / 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
2025 $2,540 $267,600 $60,800 $206,800
2024 $2,540 $259,000 $54,400 $204,600
2023 $2,352 $290,900 $48,900 $242,000
2022 $1,938 $246,800 $41,800 $205,000
2021 $1,934 $181,500 $36,400 $145,100
2020 $1,812 $175,800 $37,200 $138,600
2019 $1,614 $163,100 $37,200 $125,900
2018 $1,402 $150,400 $37,200 $113,200
2017 $1,326 $118,303 $30,840 $87,463
2016 $1,304 $112,100 $30,400 $81,700
2015 $1,144 $101,400 $25,600 $75,800
2014 $1,943 $101,000 $24,600 $76,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6461794

NorthstarMLS

APN: 060361100L00009