NOT LISTED FOR SALE

119 2nd Ave NE Barnesville, MN 56514

Estimated Value: $194,000 - $215,432

Studio
-- Bath
4,500 Sq Ft
$46/Sq Ft Est. Value

Sale Details

Date Sold: October 2, 2012

Last sale price $58,000 $13 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $1,294 / mo

22 Days on Market

Highlights

  • Corner Lot
  • Barnesville Secondary School Rated 9+
  • Forced Air Heating System

About This Home

As of October 2012

Lots of potential with this 9 unit apartment building! 4 apartments have 2 bedrooms & 5 are 1 bedroom apartments. Building does need work but endless possibilities. Seller's say bring all offers. Building is a a large corner lot.

Last Agent to Sell the Property

Cindy Sillerud

Priority Real Estate Listed on: 08/31/2012

Last Buyer's Agent

MEMBER NON

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 15,682 Sq Ft Lot
  • Lot Dimensions are 125x125
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Roof

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Electric Water Heater

Community Details

  • 9 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, water/sewer
  • The owner pays for janitorial, lawn, maint/repair, snow
  • Assessor Parcel Number 505752740

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0.36 Acres

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Commercial
  • Construction: Previously Owned
  • Mechanicals: Water Heater - Electric
  • Parcel Number: 505752740
  • Stories: 2 Story
  • Percentage Of Ownership: 100
  • Estimated Number of Acres: 0.36
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 4500
  • Total Square Footage: 4500

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Brick
  • Roof: Asphalt Shingles, Metal

Garage/Parking

  • Number Off Street Parking: 6

Utilities

  • Fuel: Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Lot/Land Description: Corner Lot
  • Estimated Lot Dimensions: 125x125

Rental Info

  • Owner Expense: Janitorial, Lawn, Maint/Repair, Snow
  • Tenant Expense: Cable TV, Electric, Water/Sewer

Building Info

  • Year Built: 1919

Tax Info

  • Year: 2012
  • Tax Value: 1814

MLS Schools

  • School District: Barnesville #146

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2019
Sold by
Gauerke Daniel and Gauerke Michelle
Bought by
Cantleberry Carol
Current Estimated Value
$205,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,538
Outstanding Balance
$144,017
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$61,341

Purchase Details

Closed on
Dec 14, 2016
Sold by
Kartchner Randy J
Bought by
Gauerke Daniel and Gauerke Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,505
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2015
Sold by
Rose Lisa
Bought by
Kartchner Randy J
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
Cantleberry Carol $163,500 Title Co Of Fargo
Gauerke Daniel $149,000 Title Co Of Fargo
Kartchner Randy J $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cantleberry Carol $160,538
Previous Owner Gauerke Daniel $150,505
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2012 10/02/12 Sold $58,000 -15.9% $13 / Sq Ft
09/22/2012 09/22/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $69,000 -- $15 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,558 $187,500 $11,600 $175,900
2024 $2,478 $174,100 $11,600 $162,500
2023 $2,410 $188,600 $11,600 $177,000
2022 $2,288 $164,200 $11,600 $152,600
2021 $2,184 $140,200 $11,600 $128,600
2020 $1,528 $136,200 $11,600 $124,600
2019 $1,120 $118,400 $11,600 $106,800
2018 $1,090 $106,500 $11,600 $94,900
2017 $846 $106,500 $11,600 $94,900
2016 $742 $59,900 $6,800 $53,100
2015 $268 $55,100 $4,500 $50,600
2014 $260 $55,100 $4,500 $50,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4395507

REALTOR® Association of Southern Minnesota

APN: 50-575-2680

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