NOT LISTED FOR SALE

151 3rd Ave Foley, MN 56329

Estimated Value: $141,000 - $201,000

3 Beds
2 Baths
1,784 Sq Ft
$93/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $125,000 $70 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,017/month

101 Days on Market

About This Home

As of February 2023

Income opportunity! DUPLEX! Investment property available near downtown Foley! Close to restaurants, grocery stores and other retail! And Up/Down DUPLEX with main floor currently leased and upper unit currently available.

Last Agent to Sell the Property

Dan Schroeder

Princeton Realty Listed on: 10/06/2022

Last Buyer's Agent

Samantha Severson

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 1903

Lot Details

  • 3,485

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,784 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 30x120
  • Forced Air Heating System

Community Details

  • 2 Units
  • Town Of Foley Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, fuel, trash collection
  • Assessor Parcel Number 130012200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,363

Year Built

Built in 1903

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
  • Year Built: 1903
  • Above Grade Finished Sq Ft: 1784
  • Water Sewer Expenses: 360
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 1784
  • Fireplace: No
  • Basement YN: Yes
  • Total Rooms: 5
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 400

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Foley
  • SchoolDistrictNumber: 51
  • SchoolDistrictPhone: 320-968-7175

Lot Info

  • Lot Size: 30x120
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Green Features

  • Green Certified Status: Pending

Building Info

  • Construction Materials: Fiber Board
  • Units Total: 2

Rental Info

  • Expenses: 500.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 130012200
  • Tax Annual Amount: 1363
  • TaxWithAssessments: 1928.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Fuel, Trash Collection

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Feb 13, 2023
Sold by
Abco Properties Llc
Bought by
Sillman Tad
Seller's Agent
Dan Schroeder
Princeton Realty
Buyer's Agent
Samantha Severson
RE/MAX Advantage Plus
List Price
$149,000
Sold Price
$125,000
Premium/Discount to List
-$24,000
-16.11%
Views
61
Current Estimated Value
$165,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,134
Avg. Annual Appreciation
7.75%
Original Mortgage
$93,750
Outstanding Balance
$91,012
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$59,748

Purchase Details

Closed on
Jun 10, 2020
Sold by
Railside Llc
Bought by
Abco Properties Llc

Purchase Details

Closed on
Dec 14, 2005
Sold by
Hoskins Jake and Hoskins Gretta
Bought by
Erickson Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
6.34%
Mortgage Type
New Conventional
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
Sillman Tad $125,000 --
Abco Properties Llc -- Home Security Abstract & Ttl
Erickson Daniel $86,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sillman Tad $93,750
Previous Owner Erickson Daniel $60,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $125,000 -16.1% $70 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
10/06/2022 10/06/22 For Sale $149,000 -- $84 / 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
2025 $1,674 $118,200 $10,700 $107,500
2024 $1,412 $117,700 $10,700 $107,000
2023 $1,924 $105,600 $10,700 $94,900
2022 $1,928 $95,600 $9,800 $85,800
2021 $1,886 $84,300 $9,800 $74,500
2018 $1,354 $67,000 $9,400 $57,600
2017 $1,354 $63,500 $9,400 $54,100
2016 $1,342 $63,100 $9,400 $53,700
2015 $1,432 $64,600 $9,400 $55,200
2014 -- $55,300 $9,400 $45,900
2013 -- $57,000 $9,400 $47,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6268293

NorthstarMLS

APN: 13.00122.00