NOT LISTED FOR SALE

205 1st St E Virginia, MN 55792

Estimated Value: $84,000 - $101,000

2 Beds
2 Baths
950 Sq Ft
$99/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $54,000 $57 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $534/month

749 Days on Market

Highlights

  • Covered Patio or Porch
  • 1-Story Property
  • Forced Air Heating System
  • Rock Ridge High School Rated 10

About This Home

As of October 2018

SELLERS ARE MOTIVATED! This newly updated home features two bedrooms on the main floor, 1.75 baths, spacious yard, large living room and updated kitchen. Other updates include new roof, updated wiring and newly painted walls. Full basement is partially finished finished and has partial bathroom. Located in a quiet neighborhood on a dead end street near the Mesabi Trail. Near down town. Would make an excellent rental property.

Last Agent to Sell the Property

Julia Maki

B.I.C. Realty License #40377638 Listed on: 08/27/2016

Last Buyer's Agent

Matt Rengstorf

Perrella & Associates License #40752619

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1908

Lot Details

  • 6,534 Sq Ft Lot
  • Property is zoned RES-2

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Basement

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

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 090-0073-00130

Home Details

Home Type

Single Family

Est. Annual Taxes

$732

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Oil, Forced Air
  • Lower Level Bathrooms: 0.7
  • Lvt Date: 08/27/2016
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 090-0073-00130
  • Patioporch: Porch, Covered
  • Percent Of Bsmnt Finished: 20
  • Real Estate Tax: 732
  • Style: One Story
  • Type: Residential
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 950
  • Bedroom 1: Size: 10x9, On Level: Main
  • Total Bathrooms: 1.75
  • Appliances: Electric Range, Microwave, Refrigerator
  • Basement: Block, Full
  • Bedroom 2: Size: 10x9, On Level: Main
  • Dining Room: Size: 5x6, On Level: Main
  • Kitchen: Size: 12x14, On Level: Main
  • Living Room: Size: 16x20, On Level: Main
  • Main Level Bedrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Utilities

  • Utilities: City Water, City Sewer, Telephone
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 120x50
  • Number Of Acres: 0.15
  • Zoning: RES-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2016
Closed on
Oct 22, 2018
Sold by
Ayres Michael and Ayres Nicole
Bought by
Germain Nicole K
Seller's Agent
Julia Maki
B.I.C. Realty
Buyer's Agent
Matt Rengstorf
Perrella & Associates
List Price
$60,000
Sold Price
$54,000
Premium/Discount to List
-$6,000
-10%
Current Estimated Value
$94,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,077
Avg. Annual Appreciation
8.02%
Original Mortgage
$52,380
Outstanding Balance
$45,872
Interest Rate
4.7%
Mortgage Type
Stand Alone Second
Estimated Equity
$48,205

Purchase Details

Closed on
Apr 14, 2006
Sold by
Ganoe Douglas J and Ganoe Maribeth
Bought by
Ayres Michael and Ayres Nicole
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Germain Nicole K $54,000 All American Title
Ayres Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Germain Nicole K $52,380
Closed Germain Nicole K $52,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2018 10/24/18 Sold $54,000 -1.8% $57 / Sq Ft
09/15/2018 09/15/18 Pending -- -- --
08/08/2018 08/08/18 Price Changed $55,000 -3.5% $58 / Sq Ft
02/27/2018 02/27/18 Price Changed $57,000 -5.0% $60 / Sq Ft
08/27/2016 08/27/16 For Sale $60,000 -- $63 / Sq Ft
Source: Range Association of REALTORS®

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 $506 $81,400 $5,000 $76,400
2023 $506 $75,000 $5,000 $70,000
2022 $378 $48,400 $4,400 $44,000
2021 $294 $51,300 $4,400 $46,900
2020 $294 $44,400 $4,400 $40,000
2019 $160 $44,400 $4,400 $40,000
2018 $732 $37,500 $5,000 $32,500
2017 $722 $37,500 $5,000 $32,500
2016 $656 $37,500 $5,000 $32,500
2015 $617 $37,500 $5,000 $32,500
2014 $617 $37,500 $5,000 $32,500
Source: Public Records

Agents Affiliated with this Home

  • Julia Maki

    Seller's Agent in 2018

    Julia Maki

    B.I.C. Realty

    (218) 780-0315

    6 in this area

    215 Total Sales

    Julia Maki
    Section Image
  • Matt Rengstorf

    Buyer's Agent in 2018

    Matt Rengstorf

    Perrella & Associates

    (218) 295-2240

    21 in this area

    432 Total Sales

    Matt Rengstorf
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 130349

Range Association of REALTORS®

APN: 090007300130

Minnesota St Louis County Virginia 55792

205 1st St E, Virginia, MN

Not Listed for Sale

Detached

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