NOT LISTED FOR SALE

1505 Horseshoe Lake Rd Grand Rapids, MN 55744

Estimated Value: $296,000 - $345,000

4 Beds
2 Baths
1,890 Sq Ft
$168/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $199,900 $106 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,079/month

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • 2 Car Detached Garage

About This Home

As of November 2013

Updated home in Grand Rapids with private sewer and water. Improvements include hardwood floors, kitchen counters and cabinets, appliances and finished lower level with new bath and in floor heat (just needs boiler). New windows, siding and roof with compliant septic.

Last Listed By

MARY ROY

MN DIRECT PROPERTIES Listed on: 10/08/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,676

Year Built

  • 1975

Lot Details

  • 2.7 Acre Lot
  • Lot Dimensions are 270 x 425

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1,890 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 91-029-4216

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,676

Year Built

1975

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors
  • Estimated Number of Acres: 2.7
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 91-029-4216
  • Range: 25
  • Section: 29
  • Street Designation: Road
  • Twp Number: 55
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 12x17, On Level: Main
  • Room 2: Dining Room, 12x15, On Level: Main
  • Room 3: Kitchen, 10x12, On Level: Main
  • Room 4: Rec Room, 16x22, On Level: Lower
  • Room 7: 10x12, On Level: Main
  • Room 8: Bedroom, 10x12, On Level: Main
  • Room 9: Bedroom, 10x11, On Level: Main
  • Room 10: Bedroom, 10x13, On Level: Lower
  • Room 11: Laundry Room, 10x11, On Level: Lower
  • Room 12: Utility Room, 7x16, On Level: Lower
  • Room 13: Other
  • Room 14: Other
  • Room 15: Other
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Below Grade Finished Sq Ft: 834
  • Total Fin Square Footage: 1890

Exterior Features

  • Construction Type: Frame/Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Grand Rapids #318

Lot Info

  • Estimated Lot Dimensions: 270 x 425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2013
Closed on
Nov 15, 2013
Sold by
Polhamus Sarah N and Polhamus Travis
Bought by
Stroming Timothy J and Stroming Christine L
Seller's Agent
MARY ROY
MN DIRECT PROPERTIES
Buyer's Agent
MARY ROY
MN DIRECT PROPERTIES
List Price
$199,900
Sold Price
$199,900
Total Days on Market
0
Current Estimated Value
$318,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,420
Avg. Annual Appreciation
4.12%
Original Mortgage
$203,061
Outstanding Balance
$154,131
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$164,189

Purchase Details

Closed on
Dec 18, 2009
Sold by
Pierce Sarah
Bought by
Pierce Sarah N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,610
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2009
Sold by
Wells Fargo Bank Na
Bought by
Pierce Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,610
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2008
Sold by
Erickson Shane Scott
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 3, 2007
Sold by
Whizbang Enterprises Llc
Bought by
Erickson Shane Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
10.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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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
Stroming Timothy J $199,000 None Available
Pierce Sarah N -- Burnet Title
Erickson Shane Scott -- Burnet Title
Pierce Sarah $95,000 Burnet Title
Wells Fargo Bank Na $109,565 None Available
Erickson Shane Scott -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stroming Timothy J $203,061
Previous Owner Polhamus Sarah N $46,000
Previous Owner Polhamus Sarah N $126,000
Previous Owner Pierce Sarah $127,610
Previous Owner Erickson Shane Scott $143,000
Previous Owner Erickson Shane S $99,995
Previous Owner Schack Paul R $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $199,900 0.0% $106 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
10/08/2013 10/08/13 For Sale $199,900 -- $106 / 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
2023 $3,676 $301,300 $47,400 $253,900
2022 $3,088 $247,100 $49,300 $197,800
2021 $2,512 $202,700 $44,300 $158,400
2020 $2,626 $172,600 $44,300 $128,300
2019 $2,566 $172,600 $44,300 $128,300
2018 $2,088 $172,600 $44,300 $128,300
2017 $2,032 $0 $0 $0
2016 $1,938 $0 $0 $0
2015 $1,132 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    MARY ROY

    MN DIRECT PROPERTIES

  • T

    Seller Co-Listing Agent in 2013

    TODD STONE

    MN DIRECT PROPERTIES

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4550277

REALTOR® Association of Southern Minnesota

APN: 91-029-4216

Minnesota Itasca County Grand Rapids 55744

1505 Horseshoe Lake Rd, Grand Rapids, MN

Homes for Sale in Grand Rapids, MN

This home is located at 1505 Horseshoe Lake Rd, Grand Rapids, MN 55744 since 08 October 2013 and is currently estimated at $318,320, approximately $168 per square foot. This property was built in 1975. 1505 Horseshoe Lake Rd is a home located in Itasca County with nearby schools including Southwest Elementary School, Robert J. Elkington Middle School, and Grand Rapids Senior High School.

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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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