NOT LISTED FOR SALE

304 3rd St SE Pelican Rapids, MN 56572

Estimated Value: $187,000 - $265,000

3 Beds
4 Baths
6,200 Sq Ft
$37/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $150,000 $24 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,661/month

169 Days on Market

Highlights

  • Corner Lot
  • 4 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Entrance Foyer
  • Baseboard Heating

About This Home

As of July 2024

Let your dreams take flight in this stately 7,460 square foot property in Pelican Rapids! Located on a corner lot in a quiet residential neighborhood, this home has been a fixture in the community since 1900 and until recent, has been home to a service related business. Highlights include many flexible rooms on the main level, two upper-level apartments with front and back stairway, and plenty of finished, open space on the lower level with freight elevator. You'll appreciate the attached 952 square foot 3-stall garage, additional detached single stall garage, vast amount of green space, paved front loop driveway, and so much more. Whether you're looking for a potential multi-family residential project, space to operate a business, or a place to both live and operate a home based business, you'll want to take a look at this unique home!

Last Agent to Sell the Property

Andrew Yaggie

Andrew Yaggie Real Estate Listed on: 02/05/2024

Last Buyer's Agent

Mike Carlson

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,982

Year Built

  • Built in 1900

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 142 x 150
  • Corner Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Flat Roof Shape
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • Blybergs 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 76000990292000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,982

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: Doors 36"+, Grab Bars In Bathroom, Door Lever Handles, Partially Wheelchair, Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 4768
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • FoundationDimensions: Irregular
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Brick/Mortar, Crawl Space, Partially Finished, Walkout
  • Appliances: Electric Water Heater
  • Living Area: 6200
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1432
  • Basement YN: Yes
  • Dining Room Type: Foyer, Bathroom, Kitchen, Kitchen- 2nd, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Utility Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt, Flat
  • Other Structures: Additional Garage
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Attached Garage, Detached
  • Garage Square Feet: 952

Utilities

  • Heating: Baseboard, Boiler, Forced Air, Hot Water, Radiator(s)
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Electric,Natural Gas
  • Power Company: Lake Region Electric Co-op

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Pelican Rapids
  • SchoolDistrictNumber: 548
  • SchoolDistrictPhone: 218-863-5910

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 142 x 150
  • Lot Size Sq Ft: 21344.4
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 76000990292000
  • Tax Annual Amount: 2982
  • TaxWithAssessments: 3062.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Jul 24, 2024
Sold by
Vertin Thomas and Vertin Diane
Bought by
Clauson Managment Llc
Seller's Agent
Andrew Yaggie
Andrew Yaggie Real Estate
Buyer's Agent
Mike Carlson
RE/MAX Advantage Plus
List Price
$250,000
Sold Price
$150,000
Premium/Discount to List
-$100,000
-40%
Views
113
Current Estimated Value
$232,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,233
Avg. Annual Appreciation
43.09%
Original Mortgage
$120,000
Outstanding Balance
$118,556
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$113,677
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Clauson Managment Llc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clauson Managment Llc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2024 07/24/24 Sold $150,000 -34.8% $24 / Sq Ft
06/06/2024 06/06/24 Price Changed $230,000 -4.2% $37 / Sq Ft
04/08/2024 04/08/24 Price Changed $240,000 -4.0% $39 / Sq Ft
02/05/2024 02/05/24 For Sale $250,000 -- $40 / 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
2025 $5,156 $227,000 $20,900 $206,100
2024 $2,982 $211,700 $20,900 $190,800
2023 $3,062 $143,100 $18,700 $124,400
2022 $3,854 $306,200 $0 $0
2021 $3,478 $143,100 $18,700 $124,400
2020 $3,424 $143,100 $18,700 $124,400
2019 $3,248 $133,200 $14,400 $118,800
2018 $3,112 $133,200 $14,400 $118,800
2017 $3,516 $127,300 $14,400 $112,900
2016 $3,346 $113,900 $5,800 $108,100
2015 $3,560 $0 $0 $0
2014 -- $121,000 $5,800 $115,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6484421

NorthstarMLS

APN: 76000990292000