NOT LISTED FOR SALE

224 1st St SW Mahnomen, MN 56557

Estimated Value: $211,000 - $237,000

6 Beds
4 Baths
2,512 Sq Ft
$89/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $195,000 $78 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,582/month

138 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Baseboard Heating
  • Home Office
  • Living Room
  • Family Room

About This Home

As of March 2023

Motivated Seller! Looking for a large home PLUS supplemental income? This property is it. The home offers 3 large bedrooms, family, living, dining rooms, plus a wide open basement. The detached rental unit offers 2 bedrooms, Bath, kitchen and living room. The owner has made extensive improvements to all the Plumbing, Electric, Flooring, Water Heater, Bathrooms, fixtures. The long list of improvements is available. House and Rental unit are move in ready!

Last Agent to Sell the Property

Louella Fraser

Trilogy Real Estate Listed on: 10/01/2022

Last Buyer's Agent

D. Aanestad

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,454

Year Built

  • Built in 1930

Lot Details

  • 8,059

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,512 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Home Office
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Lot Dimensions are 50x154
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Original Townsite Subdivision

Listing and Financial Details

  • Assessor Parcel Number 181000720

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,454

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 2512
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • FoundationDimensions: 21x40
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2512
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office
  • SqFtTotal: 3352.00

Beds/Baths

  • Total Bedrooms: 6
  • Three Quarter Bathrooms: 4

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 800

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Ottertail Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Mahnomen
  • SchoolDistrictNumber: 432
  • SchoolDistrictPhone: 218-935-2211

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x154
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 181000720
  • Tax Annual Amount: 2454
  • TaxWithAssessments: 2454.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2021
Current Estimated Value
$230,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$132,650
Interest Rate
3.17%
Estimated Equity
$90,255

Purchase Details

Closed on
Mar 17, 2021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$132,650
Interest Rate
3.17%
Estimated Equity
$90,255
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
-- $145,000 --
-- $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $145,000
Open -- $465,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $195,000 -15.2% $78 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
01/22/2023 01/22/23 Price Changed $229,900 -6.2% $92 / Sq Ft
11/09/2022 11/09/22 Price Changed $245,000 -5.8% $98 / Sq Ft
10/27/2022 10/27/22 Price Changed $260,000 -8.8% $104 / Sq Ft
09/29/2022 09/29/22 For Sale $285,000 -- $113 / 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 $3,938 $279,400 $4,100 $275,300
2023 $3,938 $284,000 $4,100 $279,900
2022 $2,454 $206,300 $2,700 $203,600
2021 $1,566 $174,600 $2,700 $171,900
2020 $1,632 $127,200 $2,700 $124,500
2019 $1,750 $129,200 $2,700 $126,500
2018 $1,126 $131,300 $2,700 $128,600
2017 $812 $93,000 $2,700 $90,300
2016 $912 $73,600 $2,700 $70,900
2015 $924 $51,600 $1,709 $49,891
2013 $880 $51,600 $1,709 $1,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6266939

NorthstarMLS

APN: 18.100.0720