NOT LISTED FOR SALE

115 3rd Ave Bovey, MN 55709

Estimated Value: $50,000 - $260,729

-- Bed
-- Bath
13,070 Sq Ft
$11/Sq Ft Est. Value

Last Sold April 25, 2014

Last sale price $130,000 $10 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $846/month

246 Days on Market

About This Home

As of April 2014

Former Bank building that has been well maintained over the years. Approx sq ft.: Main 5994. 2 & 3 Story = 3538/ea floor. Roof 3-5 years old; newer furnace system; solid brick building. Potential to add more apartments to the 8 unit complex. 8 apartments on separate utility meters.

Last Agent to Sell the Property

KEN DAGEL, BROKER

GRAND RAPIDS REALTY INC. Listed on: 04/29/2013

Co-Listed By

BJ HANSEN

GRAND RAPIDS REALTY INC.

Last Buyer's Agent

KEN DAGEL, BROKER

GRAND RAPIDS REALTY INC. Listed on: 04/29/2013

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 118 x 125

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 13,070 Sq Ft Home
  • 3-Story Property

Utilities

  • Central Air
  • Hot Water Heating System

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 86-410-1425 and 1420

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Commercial
  • Parcel Number: 86-410-1425 and 1420
  • Range: 24
  • Section: 32
  • Stories: 3 Story
  • Twp Number: 56
  • Estimated Number of Acres: 0.44
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Poured Concrete
  • Total Fin Square Footage: 13070

Exterior Features

  • Exterior: Brick
  • Roof: Rubber

Utilities

  • Fuel: Natural Gas
  • Heat: Hot Water
  • Sewer: City
  • Water: City

Schools

  • School District: Greenway #316

Lot Info

  • Estimated Lot Dimensions: 118 x 125

Building Info

  • Year Built: 9999

Multi Family

  • Total Units Available: 8

Tax Info

  • Year: 2013
  • Tax Value: 9892

MLS Schools

  • School District: Greenway #316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2013
Closed on
Apr 25, 2014
Sold by
American Bank Of The North
Bought by
Vekich Derek and Vekich Angela
Seller's Agent
KEN DAGEL, BROKER
GRAND RAPIDS REALTY INC.
Buyer's Agent
KEN DAGEL, BROKER
GRAND RAPIDS REALTY INC.
List Price
$225,000
Sold Price
$130,000
Premium/Discount to List
-$95,000
-42.22%
Current Estimated Value
$149,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,932
Avg. Annual Appreciation
1.25%
Original Mortgage
$190,000
Interest Rate
4.41%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Vekich Derek -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Vekich Derek $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2014 04/25/14 Sold $130,000 -42.2% $10 / Sq Ft
12/31/2013 12/31/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $225,000 -- $17 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $720 $34,200 $5,500 $28,700
2023 $720 $34,200 $5,500 $28,700
2022 $524 $29,700 $2,900 $26,800
2021 $526 $22,200 $2,900 $19,300
2020 $498 $18,500 $2,600 $15,900
2019 $436 $18,500 $2,600 $15,900
2018 $438 $16,700 $2,600 $14,100
2017 $434 $0 $0 $0
2016 $480 $0 $0 $0
2015 $484 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    KEN DAGEL, BROKER

    GRAND RAPIDS REALTY INC.

  • B

    Seller Co-Listing Agent in 2014

    BJ HANSEN

    GRAND RAPIDS REALTY INC.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4468947

REALTOR® Association of Southern Minnesota

APN: 86-410-1420

Minnesota Itasca County Bovey 55709

115 3rd Ave, Bovey, MN

This home is located at 115 3rd Ave, Bovey, MN 55709 since 29 April 2013 and is currently estimated at $149,932, approximately $11 per square foot. 115 3rd Ave is a home located in Itasca County with nearby schools including Vandyke Elementary School, Greenway Senior High School, and Foundation Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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