NOT LISTED FOR SALE

1220 Norwood St Brainerd, MN 56401

Estimated Value: $156,000 - $200,000

3 Beds
2 Baths
1,850 Sq Ft
$93/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $130,000 $70 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,040/month

55 Days on Market

About This Home

As of April 2023

Investors delight! Clean, well-maintained duplex in a great location. Located in a neighborhood of primarily owner-occupied homes this duplex is presently vacant, very clean, and ready for new tenants. Main level, 2 bedroom, 1 bath unit features a full kitchen, washer and dryer, full bath. Upper level offers 1 bedroom, 1 full bath with a private entrance. Shared covered porch and 2 car detached garage. The main floor unit has been owner-occupied since 2003.

Last Agent to Sell the Property

Sandy Smith

Kurilla Real Estate LTD Listed on: 01/26/2023

Last Buyer's Agent

Paul Docauer

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,306

Year Built

  • Built in 1898

Parking

  • 2 Car Garage
  • Common or Shared Parking

Home Design

  • Duplex

Interior Spaces

  • 1,850 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Porch
  • Lot Dimensions are 140 x 50 x 140 x 50

Community Details

  • 2 Units
  • Sleepers Add Brainerd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09181020002A009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,306

Year Built

Built in 1898

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Porch
  • Year Built: 1898
  • Above Grade Finished Sq Ft: 1850
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable
  • FoundationDimensions: 41 x 26
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Full, Stone/Rock, Unfinished
  • Living Area: 1850
  • Basement YN: Yes
  • Amenities: Porch
  • Appliances: Gas Water Heater,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 5
  • Amenities: Porch
  • Appliances: Gas Water Heater,Range
  • Total Rooms: 4
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Covered,Porch

Garage/Parking

  • Parking Features: Detached, Shared Driveway, Shared Garage/Stall
  • Garage Square Feet: 560

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Brainerd
  • SchoolDistrictNumber: 181
  • SchoolDistrictPhone: 218-454-6900

Lot Info

  • Lot Size: 140 X 50 X 140 X 50
  • Land Lease: No
  • Lot Features: Some Trees, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 09181020002A009
  • Tax Annual Amount: 1306
  • TaxWithAssessments: 1306.0000

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Apr 28, 2023
Sold by
Dated June 24 2013 Harry V. Brodmarkle
Bought by
Mclain Patrick
Seller's Agent
Sandy Smith
Kurilla Real Estate LTD
Buyer's Agent
Paul Docauer
RE/MAX Advantage Plus
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%
Current Estimated Value
$171,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,567
Avg. Annual Appreciation
16.52%
Original Mortgage
$128,000
Outstanding Balance
$124,706
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$60,653

Purchase Details

Closed on
Nov 1, 2003
Sold by
Lake Thomas and Lake Melissa
Bought by
Brodmarkle Harry and Lake Thomas
Source: Public Records

Range of Values:

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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
Mclain Patrick $130,000 --
Brodmarkle Harry $89,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclain Patrick $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $130,000 -7.1% $70 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
02/24/2023 02/24/23 Price Changed $139,900 -6.7% $76 / Sq Ft
01/26/2023 01/26/23 For Sale $149,900 -- $81 / 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
2024 $1,258 $116,500 $44,200 $72,300
2023 $1,072 $110,400 $41,400 $69,000
2022 $1,306 $92,500 $33,000 $59,500
2021 $1,378 $90,200 $30,100 $60,100
2020 $1,316 $91,400 $30,700 $60,700
2019 $1,252 $83,300 $30,700 $52,600
2018 $1,130 $78,300 $30,500 $47,800
2017 $1,090 $74,900 $30,500 $44,400
2016 $1,076 $71,600 $24,100 $47,500
2015 $604 $37,400 $11,400 $26,000
2014 $274 $37,000 $10,600 $26,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6327104

NorthstarMLS

APN: 09181020002A009