NOT LISTED FOR SALE

115 S Broadway Ave Gilbert, MN 55741

Estimated Value: $100,000 - $149,000

2 Beds
2 Baths
2,484 Sq Ft
$52/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $125,000 $50 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $759/month

204 Days on Market

Highlights

  • Loft
  • Balcony
  • Living Room
  • No HOA
  • Patio
  • Bathroom on Main Level

About This Home

As of May 2024

Wonderful business opportunity right in the heart of Gilbert, MN. Set up the business of your dreams, or rent out the apartment above! There is so much to desire with this location. The apartment is very newly renovated and the storefront used to be a bakery and has a ton of character and charm. There living space above is fully renovated with new roof, new windows on the east side, new ceilings made of pine and tamarack, fresh paint, possible 3rd bedroom in the upper loft area, and so much more! Don't miss out on this business opportunity and move in ready apartment.

Last Agent to Sell the Property

Amanda Lindberg

Edina Realty, Inc. - Virginia Listed on: 08/21/2023

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $308

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 25x110

Parking

  • No Garage

Home Design

  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Wood Siding

Interior Spaces

  • Living Room
  • Combination Kitchen and Dining Room
  • Loft
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Sump Pump

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Boiler Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 060-0020-01760

Home Details

Home Type

Single Family

Est. Annual Taxes

$308

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: In Gilbert MN, on Main Street.
  • L O1 Office Phone1 Number: 218-749-8222
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 1910
  • Twp Number: 58
  • Lot Description Waterfront: No
  • Amenities Exterior: Balcony, Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1242
  • Below Grade Finished Sq Ft: 1242
  • Garage Type: None
  • Heat: Boiler, Electric
  • MainFloorBath: Yes
  • New Development: No
  • Reso Roof: Rolled Asphalt
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1910
  • Level 1 Bedroom: Upper
  • RoomLevel3: Upper
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Walkout
  • Basement Material: Rock
  • Basement Style: Full
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Loft
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Loft
  • Stories: 2.25 - 2.75 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2484
  • Exercise Room Level2: Upper

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: See Remarks

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Rock Ridge #2909

Lot Info

  • Estimated Lot Dimensions: 25x110
  • Estimated Number of Acres: 0.11
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 060-0020-01760

Rental Info

  • Lease Terms: Conventional

Tax Info

  • Tax Amount: 308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Apr 29, 2024
Sold by
Hartmark Carla Mae and Tweten Carla Mae
Bought by
Davinci Property Rental Company Llc
Seller's Agent
Amanda Lindberg
Edina Realty, Inc. - Virginia
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$125,000
Sold Price
$125,000
Views
557
Current Estimated Value
$129,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,557
Avg. Annual Appreciation
2.12%
Original Mortgage
$100,000
Outstanding Balance
$75,056
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving
Estimated Equity
$54,501

Purchase Details

Closed on
Feb 1, 2022
Sold by
Jan Hodapp
Bought by
Hartmark Carla 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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Purchase History

Date Buyer Sale Price Title Company
Davinci Property Rental Company Llc $125,000 American Title
Hartmark Carla M $52,500 Northeast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davinci Property Rental Company Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $125,000 0.0% $50 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
08/21/2023 08/21/23 For Sale $125,000 -- $50 / 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
2024 $988 $107,700 $3,100 $104,600
2023 $988 $107,700 $3,100 $104,600
2022 $1,114 $47,400 $3,300 $44,100
2021 $1,322 $47,400 $3,300 $44,100
2020 $1,286 $47,400 $3,300 $44,100
2019 $1,202 $47,400 $3,300 $44,100
2018 $1,388 $47,400 $3,300 $44,100
2017 $1,704 $56,200 $3,800 $52,400
2016 $1,688 $56,200 $3,800 $52,400
2015 $1,637 $56,200 $3,800 $52,400
2014 $1,637 $56,200 $3,800 $52,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Amanda Lindberg

    Edina Realty, Inc. - Virginia

  • N

    Buyer's Agent in 2024

    Nonmember NONMEMBER

    Nonmember Office

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6110185

APN: 060002001760

Minnesota St Louis County Gilbert 55741

115 S Broadway Ave, Gilbert, MN

Not Listed for Sale

Detached

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