NOT LISTED FOR SALE

212 State St Buhl, MN 55713

6 Beds
4 Baths
17,600 Sq Ft
0.48 Acre Lot

Sale Details

Date Sold: August 31, 2022

Last sale price $874,000 $50 Per Sq Ft

11 Days on Market

About This Home

As of August 2022

23 Unit apartment building designated elderly & disabled. Laundry services on each level, individually metered, electric heat. Nice condition, excellent rental history. Call for details, 21 (1)BR units & 2 (2)2BR units.

Last Agent to Sell the Property

Jason Sheiman

Grand Properties Real Estate License #20564640 Listed on: 03/31/2022

Last Buyer's Agent

Jason Sheiman

Grand Properties Real Estate License #20564640 Listed on: 03/31/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,524

Year Built

  • Built in 1978

Lot Details

  • 0.48

Home Design

  • 17,600 Sq Ft Home
  • Brick Exterior Construction

Additional Features

  • Washer and Dryer
  • Lot Dimensions are 175 x 120
  • Heating Available

Community Details

Overview

  • 23 Units

Building Details

  • Insurance Expense $431
  • Utility Expense $3,336
  • Gross Income $14,084
  • Net Operating Income $14,084

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,524

Year Built

Built in 1978

Lot Details

0.48 Acres

Listing Details

  • Class: Multi Family
  • Lvt Date: 03/31/2022
  • Real Estate Tax: 4524
  • Type: Apartment Complex
  • Year Built: 1978
  • Lot Size Length: 175
  • Lot Size Width: 120
  • Utilities Expenses: 3336
  • Insurance Expenses: 431
  • Laundry Storage: Washer/Dryer
  • Net Income: 14084
  • Projected Income: 14084
  • Rent: One Year Lease
  • Repairs Maint Expenses: 1061
  • Total Expense: 9289
  • Total Income: 14084
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 17600

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Parking: Five To Ten Cars

Utilities

  • Utilities: City Sewer, City Water
  • Heating: Electric

Fee Information

  • Rent Income: 14084

Lot Info

  • Zoning: RESMF

Rental Info

  • Actual Income: 12675
  • Other Expenses: 2957

Multi Family

  • Management Expenses: 1000
  • Number Of Units: 23

Tax Info

  • Taxes: 504

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Aug 30, 2022
Sold by
Bought by
Seller's Agent
Jason Sheiman
Grand Properties Real Estate
Buyer's Agent
Jason Sheiman
Grand Properties Real Estate
List Price
$850,000
Sold Price
$874,000
Premium/Discount to List
$24,000
2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,200
Interest Rate
0.0554%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0415%
Mortgage Type
Commercial
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$874,000 New Title Company Name
$250,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $520,000
Closed $699,200
Previous Owner $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $874,000 +2.8% $50 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $850,000 -- $48 / Sq Ft
Source: Range Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,356 $422,800 $9,200 $413,600
2023 $6,880 $422,800 $9,200 $413,600
2022 $4,524 $422,800 $9,200 $413,600
2021 $5,972 $422,300 $8,700 $413,600
2020 $5,918 $495,600 $8,700 $486,900
2019 $5,644 $495,600 $8,700 $486,900
2018 $5,092 $495,600 $8,700 $486,900
2017 $5,916 $495,600 $8,700 $486,900
2016 $5,262 $495,600 $8,700 $486,900
2015 $5,182 $486,700 $11,700 $475,000
2014 $5,182 $486,700 $11,700 $475,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 143009

Range Association of REALTORS®
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