NOT LISTED FOR SALE

224 Sherman St Detroit Lakes, MN 56501

Estimated Value: $207,311 - $229,000

3 Beds
2 Baths
1,232 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $98,641 $80 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,304/month

33 Days on Market

Highlights

  • 1 Car Detached Garage
  • Dining Room
  • Wood Siding
  • Bathroom on Main Level

About This Home

As of August 2013

Conveniently located in the city of Detroit Lakes, close to the Hospital. Tons of potential in this well built home with 3 bedrooms/2 ba and a spacious living area. Property sold as-is, where is. See Homesteps.com for current promotions.

Last Agent to Sell the Property

Joseph Johnson

Coldwell Banker Preferred Partners Listed on: 03/28/2013

Last Buyer's Agent

MEMBER NON

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,702

Year Built

  • 1961

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Utilities

  • Boiler Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 491435000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,702

Year Built

1961

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Estimated Number of Acres: 0.13
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 491435000
  • Projected Closed Date: 08/09/2013
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 1038
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Dining Room: Informal Dining Room
  • Appliances: Range/Stove
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 3/4 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Bedroom, 12x11, On Level: Main
  • Room 2: Bedroom, 17x13, On Level: Second Floor
  • Room 3: Bedroom, 17x9, On Level: Second Floor
  • Room 5: Dining Room, 9x9, On Level: Main
  • Room 9: On Level: Main
  • Room 12: Living Room, 18x12, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1232
  • Total Square Footage: 1232

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Fuel: Natural Gas
  • Heat: Boiler
  • Sewer: City
  • Water: City

Schools

  • School District: Detroit Lakes #22

Lot Info

  • Estimated Lot Dimensions: 60x80 + 20x60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2013
Closed on
Aug 23, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Borncamp Richard J and Borncamp Virginia M
Seller's Agent
Joseph Johnson
Coldwell Banker Preferred Partners
Buyer's Agent
MEMBER NON
NON-MEMBER OFFICE
List Price
$99,900
Sold Price
$98,641
Premium/Discount to List
-$1,259
-1.26%
Current Estimated Value
$219,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,187
Avg. Annual Appreciation
6.81%
Original Mortgage
$78,900
Outstanding Balance
$58,534
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$161,294

Purchase Details

Closed on
Mar 14, 2013
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 12, 2012
Sold by
Khatathavone Lamthong and Khatathavone Sagne
Bought by
Wells Fargo Bank Na
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
Borncamp Richard J -- Land Title Inc
Federal Home Loan Mortgage Corporation -- None Available
Wells Fargo Bank Na $45,908 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borncamp Richard J $78,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2013 08/23/13 Sold $98,641 -1.3% $80 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $99,900 -- $81 / 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 $1,702 $173,500 $29,300 $144,200
2024 $1,768 $178,700 $29,300 $149,400
2023 $1,712 $161,400 $29,300 $132,100
2022 $1,458 $124,000 $25,200 $98,800
2021 $1,358 $115,000 $25,200 $89,800
2020 $1,386 $115,000 $25,200 $89,800
2019 $1,230 $116,700 $25,200 $91,500
2018 $1,304 $99,100 $25,200 $73,900
2017 $1,320 $118,900 $25,100 $93,800
2016 $1,168 $113,700 $25,100 $88,600
2015 $1,078 $95,500 $25,100 $70,400
2014 -- $93,000 $25,100 $67,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Joseph Johnson

    Coldwell Banker Preferred Partners

  • M

    Buyer's Agent in 2013

    MEMBER NON

    NON-MEMBER OFFICE

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4455779

REALTOR® Association of Southern Minnesota

APN: R491435000

Minnesota Becker County Detroit Lakes 56501

224 Sherman St, Detroit Lakes, MN

This home is located at 224 Sherman St, Detroit Lakes, MN 56501 since 28 March 2013 and is currently estimated at $219,828, approximately $178 per square foot. This property was built in 1961. 224 Sherman St is a home located in Becker County with nearby schools including Detroit Lakes Senior High School, Holy Rosary, and Holy Rosary Catholic School.

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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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