Kimberly Culbert-Blaeser
Culbert Realty
(218) 748-1164
197 Total Sales
89 in Virginia
$30K - $575K Price Range
215 7th St S Virginia, MN 55792
Virginia Area
6
Beds
2
Baths
1,680
Sq Ft
3,920
Sq Ft Lot
About This Home
As of January 2025Incredible opportunity in Virginia with a 11.2% Pro Forma Cap Rate. Add coin op washer/dryer for more income. Main level recently rehabbed and rented. New Boiler and Water Heater (2024). Garage is currently used by the neighbor who maintains snow and lawn, could be rented for additional income. Upper Level tenant has been there for 1.5 years and rent can be increased to current section 8 standards. Basement is in great shape and there is additional off street parking next to the garage. Rare opportunity to buy a unit and cashflow right away or live in one unit and the other unit rent will make your mortgage payment!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,956
Year Built
- Built in 1900
Lot Details
- 3,920
Parking
- 2 Car Garage
Interior Spaces
- 1,680 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Additional Features
- Front Porch
- Lot Dimensions are 120x35
- Boiler Heating System
Community Details
- 2 Units
- Virginia 2Nd Add Subdivision
Listing and Financial Details
- Tenant pays for broadband, cable TV
- The owner pays for electricity, gas, heat, insurance, repairs, sewer, trash collection
- Assessor Parcel Number 090003005080
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
Sep 13, 2024
Closed on
Nov 26, 2024
Sold by
Bought by
Seller's Agent
Kyle White
RE/MAX Advantage Plus
Buyer's Agent
Joe Jump
Johnson Hometown Realty
List Price
$159,900
Sold Price
$105,000
Premium/Discount to List
-$54,900
-34.33%
Views
3
Purchase Details
Closed on
Feb 11, 2022
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
$64,000
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 19, 2002
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
$39,280
Interest Rate
7%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Virginia, MN
-
Kimberly Culbert-Blaeser
-
Greg Hoffman
Greg Hoffman
Edina Realty, Inc.
(218) 748-1151
152 Total Sales
98 in Virginia
$49K - $426K Price Range
-
Jerry Fink
Jerry Fink
Canoe Capital Realty, LLC
(218) 626-6559
43 Total Sales
2 in Virginia
$84K - $205K Price Range
-
Richard Erickson
Richard Erickson
Re/Max Results
(218) 748-1647
55 Total Sales
16 in Virginia
$75K - $479K Price Range
-
Lori Melbostad
Lori Melbostad
Real Broker LLC
(612) 360-2651
67 Total Sales
3 in Virginia
$220,000 Price Range
-
Brina Guyer
Brina Guyer
MN DIRECT PROPERTIES
(218) 245-4331
138 Total Sales
10 in Virginia
$68K - $210K Price Range
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 |
|---|---|---|---|
| $110,000 | Trademark Title | ||
| $80,000 | Trademark Title | ||
| $39,184 | Ati 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 |
|---|---|---|---|
| Previous Owner | $64,000 | ||
| Previous Owner | $39,280 |
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 |
|---|---|---|---|---|
| 01/01/2025 01/01/25 | Sold | $105,000 | -30.0% | $63 / Sq Ft |
| 11/13/2024 11/13/24 | Pending | -- | -- | -- |
| 09/30/2024 09/30/24 | Price Changed | $149,900 | -6.3% | $89 / Sq Ft |
| 09/16/2024 09/16/24 | For Sale | $159,900 | -- | $95 / Sq Ft |
Source: NorthstarMLS
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 | $1,764 | $80,000 | $3,500 | $76,500 |
| 2023 | $1,982 | $75,400 | $3,500 | $71,900 |
| 2022 | $1,364 | $48,300 | $3,100 | $45,200 |
| 2021 | $1,200 | $51,400 | $3,100 | $48,300 |
| 2020 | $1,164 | $44,200 | $3,100 | $41,100 |
| 2019 | $922 | $44,200 | $3,100 | $41,100 |
| 2018 | $916 | $38,300 | $3,500 | $34,800 |
| 2017 | $1,116 | $38,300 | $3,500 | $34,800 |
| 2016 | $1,138 | $47,000 | $3,500 | $43,500 |
| 2015 | $1,071 | $52,900 | $3,500 | $49,400 |
| 2014 | $1,071 | $52,900 | $3,500 | $49,400 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle White
Seller's Agent in 2025
Kyle White
RE/MAX Advantage Plus
(612) 636-2594
202 Total Sales
-
Joe Jump
Buyer's Agent in 2025
Joe Jump
Johnson Hometown Realty
(218) 263-4411
249 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6602120
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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