NOT LISTED FOR SALE

260 Central Ave N Milaca, MN 56353

Estimated Value: $162,000 - $284,000

4 Beds
2 Baths
1,556 Sq Ft
$137/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $210,000 $135 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,308/month

4 Days on Market

Highlights

  • Patio
  • Forced Air Heating System
  • 3-minute walk to Trimble Park

About This Home

As of July 2024

If you're looking to jump into the investment property lifestyle, look no further!! Owned by the same company, this newly remodeled in 2021 sold as is, upper/lower duplex, comes fully leased as well as its neighboring property 250 Central Ave N (see that listing for property details)! This duplex sits on a beautifully maintained corner lot in the heart of Milaca! Conveniently located just a few miles from school, groceries, parks and other downtown recreation it is a perfect place to have a rental property! The upper 456 sq ft unit features 2 bed and one 3/4 bath! The 1100 sq ft main level apartment features 2 Bed, 1 full bath and a large living room area! This also has a 2 car detached garage that has previously been shared with 250 Central Ave N tenants on a first come first serve basis. There is other paved parking located in between the two properties that is shared as well. Don't miss out on this welcoming investment property!

Last Agent to Sell the Property

Cassandra Murphy

Century 21 Moline Realty Inc Listed on: 07/01/2024

Century 21 Moline Realty Inc

Last Buyer's Agent

Sara Mcconnell

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,270

Year Built

  • Built in 1910

Lot Details

  • 9,583

Parking

  • 2 Car Garage
  • Common or Shared Parking

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • 1,556 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Patio
  • Lot Dimensions are 66x148.5
  • Forced Air Heating System

Community Details

  • 2 Units
  • First Add To Milaca Subdivision

Listing and Financial Details

  • The owner pays for all utilities, insurance, taxes
  • Assessor Parcel Number 210410170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,270

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1556
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Living Area: 1556
  • Owner Pays: All Utilities, Insurance, Taxes
  • Basement YN: Yes
  • Appliances: Range
  • Amenities: Patio
  • Appliances: Range

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached, Shared Garage/Stall

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Milaca
  • SchoolDistrictPhone: 320-982-7210

Lot Info

  • Lot Size: 66x148.5
  • Land Lease: No
  • Additional Parcels: No
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding
  • Units Total: 2

Rental Info

  • Expenses: 8920.8500

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 210410170
  • Tax Annual Amount: 2270
  • TaxWithAssessments: 2270.0000

Multi Family

  • ElectricExpense: 2206.75
  • FuelExpense: 677.82
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Jul 24, 2024
Sold by
Patten Properties Llc
Bought by
Narr Richard D
Seller's Agent
Cassandra Murphy
Century 21 Moline Realty Inc
Buyer's Agent
Sara Mcconnell
RE/MAX Results
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$212,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,426
Avg. Annual Appreciation
0.76%

Purchase Details

Closed on
Aug 2, 2021
Sold by
Schaaf Daniel B and Schaaf Rowena C
Bought by
Patten Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Narr Richard D $410,000 Home Security Abstract & Title
Patten Properties Llc $90,000 Home Security Abstract & Tit
-- $90,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2024 07/24/24 Sold $210,000 0.0% $135 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $210,000 -- $135 / Sq Ft
Source: NorthstarMLS

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 $2,436 $188,600 $32,000 $156,600
2024 $2,270 $168,800 $28,000 $140,800
2023 $2,106 $161,300 $28,000 $133,300
2022 $1,748 $150,500 $28,000 $122,500
2021 $1,554 $124,900 $28,000 $96,900
2020 $1,564 $111,400 $13,800 $97,600
2019 $1,310 $106,700 $13,800 $92,900
2018 $1,296 $95,500 $13,800 $81,700
2017 $1,272 $93,500 $13,300 $80,200
2016 $1,188 $0 $0 $0
2015 $1,232 $0 $0 $0
2014 $1,232 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6562370

NorthstarMLS

APN: 21-041-0170