Seller's Agent in 2024
Chad Schwendeman
eXp Realty
(218) 831-4663
205 in this area
1,564 Total Sales
224 N 5th St Brainerd, MN 56401
Estimated Value: $159,029 - $339,000
0.24
Acre
$1,018,779
Price per Acre
10,454
Sq Ft Lot
Highlights
- Corner Lot
- Lowell Elementary School Rated A-
- No HOA
About This Lot
As of April 2024Multiple offers have been received - seller is asking for highest and best by 5pm (cst) on Wednesday April 3rd, 2024. Prime Opportunity and Location! This North Brainerd lot is situated just one block from both Highway 210/Washington St and the 11 acre Historic Gregory Park. The versatility of this N 5th St and Kingwood St location and zoning offers endless possibilities. With flexible zoning, envision your ideal project: a charming single-family home, lucrative investment property, or a thriving business venture. Current zoning allows for single residential, multi-family, or light commercial use. On and Off street parking available and just 5 blocks from St. Joseph's Medical Center. Seize this rare opportunity to shape your future in Brainerd's thriving community! Lot value only here, demo the current structure and craft your vision!
Property Details
Property Type
- Land
Lot Details
- Lot Dimensions are 75x140x75x134
- Corner Lot
- Finished Lot(s)
Community Details
- No Home Owners Association
- Town Of Brainerd & First Add Bra Subdivision
Listing and Financial Details
- Assessor Parcel Number 41241421
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2024
Closed on
Apr 10, 2024
Sold by
Rasmussen Christa
Bought by
Franz Fern Lucille
Seller's Agent
Chad Schwendeman
eXp Realty
Buyer's Agent
Levi Jensen
Century 21 Brainerd Realty
List Price
$24,900
Sold Price
$22,000
Premium/Discount to List
-$2,900
-11.65%
Views
63
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,507
Avg. Annual Appreciation
409.82%
Purchase Details
Closed on
Apr 18, 2018
Bought by
Rasmussen Christa Christa
Purchase Details
Closed on
Jun 22, 2016
Sold by
Cohee Linda Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.57%
Purchase Details
Closed on
Jul 1, 2006
Sold by
Johannessohn Larry and Johannessohn Cynthia
Bought by
Calderon Brian and Calderon Linda
Purchase Details
Closed on
Apr 1, 2000
Sold by
Milloy Paul T and Milloy Ma
Bought by
Johannessohn Larry
Purchase Details
Closed on
Apr 1, 1999
Sold by
Hermerding David F
Bought by
Johannessohn Larry
Purchase Details
Closed on
Sep 1, 1998
Sold by
Mitchell Ann R
Bought by
Hermerding David F
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Franz Fern Lucille | $22,000 | Lawyers Title Services Llc | |
| Rasmussen Christa Christa | $144,900 | -- | |
| -- | $120,000 | -- | |
| Calderon Brian | $178,900 | -- | |
| Johannessohn Larry | $75,900 | -- | |
| Johannessohn Larry | $86,600 | -- | |
| Hermerding David F | $5,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | -- | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2024 04/10/24 | Sold | $22,000 | -11.6% | -- |
| 04/05/2024 04/05/24 | Pending | -- | -- | -- |
| 03/27/2024 03/27/24 | For Sale | $24,900 | -- | -- |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $7,952 | $52,600 | $52,600 | $0 |
| 2024 | $7,758 | $48,200 | $48,200 | $0 |
| 2023 | $3,392 | $204,100 | $44,500 | $159,600 |
| 2022 | $1,942 | $173,600 | $39,500 | $134,100 |
| 2021 | $1,944 | $156,400 | $36,900 | $119,500 |
| 2020 | $1,900 | $151,000 | $36,900 | $114,100 |
| 2019 | $1,680 | $142,900 | $36,900 | $106,000 |
| 2018 | $2,434 | $128,800 | $36,800 | $92,000 |
| 2017 | $2,322 | $121,600 | $36,800 | $84,800 |
| 2016 | $2,332 | $112,700 | $26,700 | $86,000 |
| 2015 | $3,870 | $109,900 | $21,700 | $88,200 |
| 2014 | $1,945 | $110,000 | $20,400 | $89,600 |
Source: Public Records
Agents Affiliated with this Home
-
Chad Schwendeman
-
Randa Haug
Seller Co-Listing Agent in 2024
Randa Haug
eXp Realty
(218) 330-2882
41 in this area
401 Total Sales
-
Levi Jensen
Buyer's Agent in 2024
Levi Jensen
Century 21 Brainerd Realty
(218) 251-6047
13 in this area
30 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6508179
APN: 09196046022Z009
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