$206,000
SOLD JUN 20, 2025

308 E Thorpe Ave Ada, MN 56510

3 Beds
2 Baths
2,189 Sq Ft
0.38 Acres

Recently Sold

$94 Per Sq Ft

3% Above List Price

25 Days on Market

Highlights

  • Mud Room
  • Tandem Parking
  • Laundry Room
  • No HOA
  • Living Room
  • 1-Story Property

About This Home

As of June 2025

Welcome home to this updated rambler in Ada with no backyard neighbors! 3 bedrooms, 2 bathrooms and a 3-stall tandem garage! This home offers newer siding, shingles, furnace/AC and water heater! The detached garage is fully finished with it's own gas forced heater! So much to offer at such a reasonable price, this one won't last long. Schedule a private showing today!

Last Agent to Sell the Property

Troy Krabbenhoft

Krabbenhoft Real Estate Team Listed on: 05/02/2025

Co-Listed By

Ashley Christianson

Krabbenhoft Real Estate Team

Last Buyer's Agent

Michelle Bjerke

Re/Max Lakes Region

Re/Max Lakes Region

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,251

Year Built

  • Built in 1960

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 65x250

Parking

  • 3 Car Garage
  • Tandem Parking

Home Design

  • Steel Siding

Interior Spaces

  • 1-Story Property
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Basement
  • Basement Ceilings are 8 Feet High
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Burkhards Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 250544000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,251

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 1251
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: 8 ft+ Pour
  • Living Area: 2189
  • Fireplace: No
  • Below Grade Finished Sq Ft: 938
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Dining Room, Mud Room, Family Room, Bedroom 3, Laundry

Beds/Baths

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

Garage/Parking

  • Parking Features: Detached, Concrete, Tandem

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Ada-Borup
  • SchoolDistrictPhone: 218-784-5312

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 65x250
  • Lot Size Sq Ft: 16465.68
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 250544000
  • Tax Annual Amount: 1251
  • TaxWithAssessments: 1408.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2025
Closed on
Jun 20, 2025
Sold by
Balzum Julie
Bought by
Carlsrud Chase and Altepeter Tristan
Seller's Agent
Troy Krabbenhoft
Krabbenhoft Real Estate Team
Buyer's Agent
Michelle Bjerke
Re/Max Lakes Region
List Price
$200,000
Sold Price
$206,000
Premium/Discount to List
$6,000
3%
Views
124
Current Estimated Value
$180,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,096
Avg. Annual Appreciation
-24.15%
Original Mortgage
$205,000
Outstanding Balance
$204,469
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$23,565

Purchase Details

Closed on
Jan 10, 2017
Sold by
Balzum Gary Gary
Bought by
Balzum Julie and Balzum Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
4.03%
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 Type Sale Price Title Company
Deed $206,000 --
Warranty Deed $79,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $205,000 New Conventional
Previous Owner $79,800 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2025 06/20/25 Sold $206,000 +3.0% $94 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $200,000 -- $91 / 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 $1,408 $135,300 $9,100 $126,200
2024 $1,408 $136,900 $9,100 $127,800
2023 $1,128 $101,900 $9,100 $92,800
2022 $1,076 $99,200 $9,100 $90,100
2021 $1,084 $88,500 $9,100 $79,400
2020 $970 $88,500 $9,100 $79,400
2019 $918 $80,500 $8,300 $72,200
2018 $852 $81,500 $8,300 $73,200
2017 $786 $0 $0 $0
2016 $794 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6713650

NorthstarMLS

APN: 25-0544000