NOT LISTED FOR SALE

218 Maple Ave E Mora, MN 55051

Estimated Value: $244,000 - $284,503

5 Beds
5 Baths
2,767 Sq Ft
$96/Sq Ft Est. Value

Last Sold November 19, 2014

Last sale price $65,750 $24 Per Sq Ft

Est. 304% increase in value since last sale

Current estimated payment $1,745/month

109 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Woodwork
  • 0.64 Acre Lot
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of November 2014

4 unit apartment complex close to downtown. Lake frontage, detached garage, Unit #1 has a large deck & family room, hardwood floors. Upper level has 2 apartments. Basement has utility room and 1 apartment. Live in 1 unit and the others pay for it!

Last Agent to Sell the Property

Marty Ringham

Countryside Realty Listed on: 07/25/2014

Last Buyer's Agent

John Udermann

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 0.64 Acre Lot
  • Lake Front
  • Few Trees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 2,767 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Wood Flooring

Utilities

  • Forced Air Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, lawn, maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Projected Closed Date: 12/14/2014
  • Stories: 2 Story
  • Taxes With Assessments: 2130
  • Estimated Number of Acres: 0.64
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Finished Above Grade Sq Ft: 2467
  • Total Fin Square Footage: 2767
  • Below Grade Finished Sq Ft: 300

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • LakeAcres: 68.4
  • Exterior: Fiber Board
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake
  • Exterior Amenities: Driveway - Asphalt

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Mora #332

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: Getting

Rental Info

  • Owner Expense: Fuel, Lawn, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Electric

Building Info

  • Year Built: 1906

Multi Family

  • Total Units Available: 4
  • Est Annual Gross Expense: 1

Tax Info

  • Year: 2014
  • Tax Value: 2130

MLS Schools

  • School District: Mora #332

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2014
Closed on
Nov 17, 2014
Sold by
Fannie Mae
Bought by
Henry Glenn
Seller's Agent
Marty Ringham
Countryside Realty
Buyer's Agent
John Udermann
Edina Realty, Inc.
List Price
$92,000
Sold Price
$65,750
Premium/Discount to List
-$26,250
-28.53%
Current Estimated Value
$265,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,126
Avg. Annual Appreciation
13.65%

Purchase Details

Closed on
Feb 25, 2013
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 12, 2012
Sold by
Sheperd Philip A and Ingebritson Jolayne K
Bought by
Citimortgage Inc
Source: Public Records

Range of Values:

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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
Henry Glenn -- First Fincl Title Agency Inc
Federal National Mortgage Association -- First Financial Title Agency
Citimortgage Inc $111,356 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2014 11/19/14 Sold $65,750 -28.5% $24 / Sq Ft
11/11/2014 11/11/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $92,000 -- $33 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2025 $4,018 $239,300 $54,200 $185,100
2024 $4,822 $233,100 $51,400 $181,700
2023 $4,758 $238,800 $51,400 $187,400
2022 $4,502 $219,500 $49,400 $170,100
2021 $4,366 $183,500 $44,400 $139,100
2020 $3,752 $177,600 $44,400 $133,200
2018 $3,606 $162,300 $42,500 $119,800
2017 $2,356 $158,500 $38,200 $120,300
2016 $2,410 $101,100 $36,400 $64,700
2015 $2,130 $109,100 $29,900 $79,200
2013 $2,130 $98,400 $26,889 $71,511
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4652952

REALTOR® Association of Southern Minnesota

APN: 22.02650.00