$89,900
SOLD AUG 15, 2025

111 2nd St Bovey, MN 55709

5 Beds
5 Baths
400 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$225 Per Sq Ft

35 Days on Market

Highlights

  • 1-Story Property
  • Space Heater
  • High Speed Internet
  • Greenway Senior High School Rated A-

About This Home

As of August 2025

Multi unit income producing property. Three of the units have long term tenants and rent for $575 a month. These are independant units and each have one bedroom a full or 3⁄4 bath, wall A/C units, vinyl siding and updated windows. The 4th unit is a 2 bedroom 1 1⁄2 bath with large roomy kitchen and living room rents for $650 a month All units have off street parking and shared grounds.

Last Agent to Sell the Property

Jackie Lawson

MOVE IT REAL ESTATE GROUP/LAKEHOMES.COM Listed on: 06/30/2025

Last Buyer's Agent

Robert Ellies

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $842

Year Built

  • Built in 1967

Lot Details

  • Lot Dimensions are 75x125
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Quadruplex
  • Vinyl Siding

Interior Spaces

  • 400 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • Space Heater
  • 100 Amp Service
  • 60 Amp Service
  • High Speed Internet

Community Details

  • 4 Units
  • Bovey Subdivision

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for electricity, grounds care, repairs, snow removal, taxes, trash collection
  • Assessor Parcel Number 864101235

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$842

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Other
  • Year Built: 1967
  • Above Grade Finished Sq Ft: 400
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Living Area: 400
  • Owner Pays: Electricity, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection
  • Basement YN: No
  • Appliances: Range
  • Appliances: Range

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: None
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Other

Garage/Parking

  • Parking Features: Driveway - Other Surface

Utilities

  • Heating: Space Heater
  • Sewer: City Sewer/Connected
  • Electric: Service - 60 Amp, 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Four

Schools

  • Junior High Dist: Greenway
  • SchoolDistrictPhone: 218-247-7306

Lot Info

  • Topography: Level
  • Lot Size: 75x125
  • Land Lease: No
  • Lot Features: Cleared
  • Additional Parcels: No
  • Zoning Description: Other
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 4

Rental Info

  • Expenses: 13774.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 864101235
  • Tax Annual Amount: 842
  • TaxWithAssessments: 1488.0000

Multi Family

  • TenantPays: Cable TV
  • ElectricExpense: 3500
  • FuelExpense: 2000
  • Number Of Refrigerators: Four

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2021
Sold by
Wilson Stephen C and Wilson Kristin N
Bought by
Meyer Nancilyn
Current Estimated Value
$129,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,485
Outstanding Balance
$79,936
Interest Rate
2.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$49,653

Purchase Details

Closed on
Mar 26, 2013
Sold by
Wilson Stephen C and Wilson Kristin N
Bought by
Wilson Stephen C and Wilson Kristin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,259
Interest Rate
3.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $100,500 Midland Title Agency
Interfamily Deed Transfer -- None Available
Deed $100,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $97,485 Stand Alone Refi Refinance Of Original Loan
Previous Owner $69,259 Unknown
Closed $100,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 Sold $89,900 0.0% $225 / Sq Ft
08/04/2025 08/04/25 Pending -- -- --
06/30/2025 06/30/25 For Sale $89,900 -- $225 / Sq Ft
Source: NorthstarMLS

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 $930 $105,800 $5,400 $100,400
2023 $930 $105,800 $5,400 $100,400
2022 $774 $96,300 $2,800 $93,500
2021 $1,896 $75,600 $2,800 $72,800
2020 $1,782 $71,100 $2,600 $68,500
2019 $1,520 $71,100 $2,600 $68,500
2018 $1,542 $63,100 $2,600 $60,500
2017 $1,526 $0 $0 $0
2016 $1,492 $0 $0 $0
2015 $1,508 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6747467

NorthstarMLS

APN: 86-410-1330