NOT LISTED FOR SALE

207 2nd St S Raymond, MN 56282

Estimated Value: $186,576 - $295,000

5 Beds
2 Baths
1,967 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $162,000 $82 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,414/month

61 Days on Market

Highlights

  • Multiple Garages
  • 4 Car Attached Garage
  • Forced Air Heating System
  • Corner Lot

About This Home

As of August 2021

Updated Duplex with 2 double car garages! Main level features 3 BD, full bath with separate vanity/shower room, living room and dining room with hardwood floors, laundry and large kitchen. This unit has tall ceilings and great character! Upper level has 2 BD, full bath, laundry, large living room and eat in kitchen with pantry. Both units have their own deck and 2 stall garage while located on a corner lot. Property was taken down to the studs in 2005. Live in one unit and rent the other! Call or text for a showing of this great property!

Last Listed By

Jodi Severson

Central MN Realty LLC Listed on: 05/14/2021

Central MN Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,671

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 140 x 100
  • Corner Lot

Parking

  • 4 Car Attached Garage
  • Multiple Garages
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Duplex

Interior Spaces

  • 1,967 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Leightons Second Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, fuel, trash collection
  • The owner pays for insurance, grounds care, snow removal, taxes, water
  • Assessor Parcel Number 755500130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,671

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1967
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • FoundationDimensions: 45 x 27
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Full, Concrete, Unfinished
  • Living Area: 1967
  • Fireplace: No
  • Owner Pays: Insurance, Grounds Care, Snow Removal, Taxes, Water
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s),Deck,Main Floor Primary Bedroom,Tile Floors
  • Appliances: Electric Water Heater,Range
  • Total Rooms: 9
  • Amenities: Ceiling Fan(s),Deck
  • Appliances: Electric Water Heater,Range
  • Total Rooms: 7

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Other Surface, Garage Door Opener, Insulated Garage, Multiple Garages
  • Garage Square Feet: 440

Utilities

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

Schools

  • Junior High Dist: M.A.C.C.R.A.Y.
  • SchoolDistrictNumber: 2180
  • SchoolDistrictPhone: 320-847-2154

Lot Info

  • Lot Size: 140 x 100
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 755500130
  • Tax Annual Amount: 3671
  • TaxWithAssessments: 3858.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Fuel, Trash Collection
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Aug 17, 2021
Sold by
Larsen Kim D and Larsen Teresa
Bought by
Stai Jennifer
Seller's Agent
Jodi Severson
Central MN Realty LLC
Buyer's Agent
Samantha Crow-Morris
Bridge Realty, LLC
List Price
$165,000
Sold Price
$162,000
Premium/Discount to List
-$3,000
-1.82%
Total Days on Market
61
Current Estimated Value
$225,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,894
Avg. Annual Appreciation
7.72%
Original Mortgage
$129,600
Outstanding Balance
$119,815
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$93,808

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
Stai Jennifer $162,000 Quality Title
Stai Jennifer Jennifer $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stai Jennifer $129,600
Closed Stai Jennifer $129,600
Previous Owner Larsen Kim D $90,000
Previous Owner Larsen Kim D $328,135
Previous Owner Larsen Kim D $90,000
Closed Stai Jennifer Jennifer $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $162,000 -1.8% $82 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $165,000 -- $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
2024 $2,578 $185,200 $18,200 $167,000
2023 $2,788 $169,000 $18,200 $150,800
2022 $2,884 $175,700 $18,200 $157,500
2021 $3,858 $160,700 $10,500 $150,200
2020 $4,008 $150,200 $10,500 $139,700
2019 $3,692 $146,400 $8,800 $137,600
2018 $3,456 $142,200 $8,800 $133,400
2017 $3,496 $138,800 $8,800 $130,000
2016 $3,820 $1,735 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 5757492

NorthstarMLS

APN: 75-550-0130