NOT LISTED FOR SALE

220 SW 7th St Brainerd, MN 56401

Estimated Value: $254,000 - $350,000

2 Beds
1 Bath
1,808 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 22, 2014

Last sale price $140,000 $77 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,845/month

454 Days on Market

Highlights

  • 0.48 Acre Lot
  • 1-Story Property
  • Baseboard Heating

About This Home

As of July 2014

Nice, 1-level apts w/att. garage & full basements. Tenants pay for utilities, heat, water & sewer-ave. per mo. $180. Have prelim. plan approval construction of another unit same size as existing on west half of prop. Sewer, water stubbed in & assess. paid

Last Agent to Sell the Property

Michael Pikula

Positive Realty Listed on: 04/12/2013

Last Buyer's Agent

Michael Pikula

Positive Realty Listed on: 04/12/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,299

Year Built

  • Built in 1970

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 140x150x140x150

Parking

  • 2 Car Garage

Interior Spaces

  • 1,808 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,299

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessment Balance: 15
  • Construction: Previously Owned
  • Projected Closed Date: 07/31/2014
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 2314.36
  • Estimated Number of Acres: 0.48
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1808
  • Total Fin Square Footage: 1808

Garage/Parking

  • Number Garage Spaces: 2

Utilities

  • Heat: Baseboard
  • Sewer: City
  • Water: City

Schools

  • School District: Brainerd #181

Lot Info

  • Estimated Lot Dimensions: 140x150x140x150

Building Info

  • Year Built: 1970

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 6937

Tax Info

  • Year: 2014
  • Tax Value: 2299

MLS Schools

  • School District: Brainerd #181

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jul 22, 2014
Sold by
Franzen Jack Jack
Bought by
Soderman George and Soderman Roxanne
Seller's Agent
Michael Pikula
Positive Realty
Buyer's Agent
Michael Pikula
Positive Realty
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%
Total Days on Market
454
Current Estimated Value
$288,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,859
Avg. Annual Appreciation
6.87%

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jul 1, 2014
Sold by
Franzen Jack M and Franzen Bonnie J
Bought by
Soderman George E and Soderman Roxanne G
Seller's Agent
Michael Pikula
Positive Realty
Buyer's Agent
Michael Pikula
Positive Realty
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%

Purchase Details

Closed on
Sep 1, 1992
Sold by
Johnson Vern E
Bought by
Franzen Jack
Source: Public Records

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
Soderman George $140,000 --
Soderman George E $140,000 --
Franzen Jack $60,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2014 07/22/14 Sold $140,000 -12.4% $77 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
04/12/2013 04/12/13 For Sale $159,900 -- $88 / 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
2024 $2,758 $278,000 $46,500 $231,500
2023 $2,958 $261,600 $42,900 $218,700
2022 $2,642 $270,800 $39,700 $231,100
2021 $2,594 $201,900 $33,900 $168,000
2020 $2,242 $191,300 $33,900 $157,400
2019 $2,180 $163,100 $33,900 $129,200
2018 $2,278 $158,100 $33,800 $124,300
2017 $2,136 $149,913 $29,511 $120,402
2016 $1,958 $128,800 $27,700 $101,100
2015 $1,834 $120,800 $23,100 $97,700
2014 $1,157 $136,600 $26,400 $110,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4462263

REALTOR® Association of Southern Minnesota

APN: 09198029001Z009