NOT LISTED FOR SALE

201 College Ave Morris, MN 56267

Estimated Value: $240,000 - $317,000

7 Beds
3.5 Baths
2,864 Sq Ft
$97/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $244,000 $85 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,798/month

8 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • 1-Story Property
  • Family Room

About This Home

As of April 2023

Tremendous INVESTMENT OPPORTUNITY! Profitable 7 BEDROOMS in 2 units! Average monthly income is $330-350 or $2300-2400/month!! CASH FLOW! Property is directly across the street from UMM campus and yet close to schools and downtown. Buyer will benefit from a new roof installed in Oct 2022. Built in 1996 annual improvements have been done and property is professionally and well maintained. Spacious and clean living spaces with attached garage for storage. Typically a student waiting list for rental availability. Lease, license and financials available upon request with agency representation. Listing Broker is Property Manager.

Last Listed By

Jenny Riley

Coulee Land Company, LLC Listed on: 02/28/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,738

Year Built

  • Built in 1996

Lot Details

  • 9,060 Sq Ft Lot
  • Lot Dimensions are 117x86

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Fee

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Drain
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lot A Sunnyview Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 201238006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,738

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Year Built: 1996
  • Above Grade Finished Sq Ft: 1444
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • FoundationDimensions: 24x60
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Concrete, Sump Pump
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 2864
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1420
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Laundry, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Bedroom 4, Bedroom 5, Kitchen- 2nd, Bedroom 6, Other Room
  • SqFtTotal: 2888.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, More Parking Offsite for Fee
  • Garage Square Feet: 616

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Morris Area
  • SchoolDistrictNumber: 2769
  • SchoolDistrictPhone: 320-589-4840

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 117x86
  • Lot Size Sq Ft: 9060.48
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 201238006
  • Tax Annual Amount: 2738
  • TaxWithAssessments: 3286.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Apr 21, 2023
Sold by
Emo Kenneth and Emo Wendy
Bought by
Boyle Peter and Boyle Katie
Seller's Agent
Jenny Riley
Coulee Land Company, LLC
Buyer's Agent
Jenny Riley
Coulee Land Company, LLC
List Price
$239,500
Sold Price
$244,000
Premium/Discount to List
$4,500
1.88%
Total Days on Market
8
Current Estimated Value
$276,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,502
Avg. Annual Appreciation
6.32%
Original Mortgage
$191,096
Outstanding Balance
$187,426
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$89,076

Purchase Details

Closed on
Dec 14, 2018
Sold by
Stephenson Timothy G and Stephenson Rini L
Bought by
Emo Kenneth R and Emo Wendy S

Purchase Details

Closed on
Dec 3, 2015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.78%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Boyle Peter $244,290 --
Emo Kenneth R $93,500 --
-- $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyle Peter $191,096
Previous Owner -- $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $244,000 +1.9% $85 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $239,500 -- $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
2024 $3,180 $226,500 $9,600 $216,900
2023 $3,378 $211,900 $9,600 $202,300
2022 $3,286 $200,300 $8,500 $191,800
2021 $3,316 $190,300 $8,500 $181,800
2020 $3,270 $187,200 $8,500 $178,700
2019 $3,234 $182,200 $8,500 $173,700
2017 $2,984 $0 $0 $0
2016 $3,012 $0 $0 $0
2015 $2,996 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6336683

NorthstarMLS

APN: 20-1238-006