NOT LISTED FOR SALE

311 Main Ave N Park Rapids, MN 56470

Estimated Value: $435,985 - $641,000

6 Beds
4.5 Baths
5,400 Sq Ft
$96/Sq Ft Est. Value

Last Sold December 09, 2013

Last sale price $145,000 $27 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $3,200/month

201 Days on Market

Highlights

  • Spa
  • Corner Lot
  • Formal Dining Room
  • Deck
  • Gazebo
  • 2 Car Detached Garage

About This Home

As of December 2013

Newly remodeled 5000+ sq ft city home, 6+ BR, 5 bath, large kitchen, formal dining, huge living room with den, two family rooms, master suite, hot tub room, large deck, 3 fireplaces, multiple hobby rooms, oversized double garage, gazebo & so much more.

Last Agent to Sell the Property

RASM STAFF

Coldwell Banker Burnet Listed on: 05/22/2013

Last Buyer's Agent

Peggy Johnson

Sunset Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,548

Year Built

  • Built in 1910

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 140x98
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk Through Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 324240800

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,548

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hot Tub, Natural Woodwork, Walk-In Closet
  • Amenities Exterior: Deck, Driveway - Gravel, Hot Tub, Patio
  • Estimated Number of Acres: 0.31
  • Assessment Balance: 142
  • Construction: Previously Owned
  • Foundation Size: 2400
  • Parcel Number: 324240800
  • Projected Closed Date: 12/09/2013
  • Stories: 2 Story
  • Taxes With Assessments: 2690
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 6
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Master Walk-Thru, Walk Thru
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 5
  • Room 1: Living Room, 23x22, On Level: Main
  • Room 2: Dining Room, 14x13, On Level: Main
  • Room 3: Family Room, 25x12, On Level: Main
  • Room 4: Kitchen, 24x14, On Level: Main
  • Room 5: Bedroom, 22x13, On Level: Upper
  • Room 6: Bedroom, 21x12, On Level: Upper
  • Room 7: 14x13, On Level: Main
  • Room 8: Bedroom, 13x12, On Level: Upper
  • Room 9: Bedroom, 12x11, On Level: Upper
  • Room 10: Bedroom, 14x11, On Level: Upper
  • Room 11: Den/Office, 10x9, On Level: Upper
  • Room 12: Other, 16x13, On Level: Main
  • Room 13: Spa/Sauna, 16x13, On Level: Upper
  • Room 14: Family Room, 28x15, On Level: Lower
  • Basement Features: Partially Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 4400
  • Below Grade Finished Sq Ft: 1000
  • Total Fin Square Footage: 5400

Exterior Features

  • Frontage Road: City
  • Exterior: Wood
  • Out Buildings: Gazebo

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Fireplace, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Park Rapids #309

Lot Info

  • Estimated Lot Dimensions: 140x98
  • Lot/Land Description: Corner Lot, Tree Coverage - Medium

Building Info

  • Year Built: 1910

Tax Info

  • Year: 2013
  • Tax Value: 2548

MLS Schools

  • School District: Park Rapids #309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2012
Closed on
Oct 4, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Performance Properties 124 Llc
Seller's Agent
Robert Elliott
Grimes Realty
Buyer's Agent
Non Member
NON-MEMBER
List Price
$105,000
Sold Price
$51,200
Premium/Discount to List
-$53,800
-51.24%
Current Estimated Value
$518,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,546
Avg. Annual Appreciation
18.30%

Purchase Details

Closed on
Feb 9, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 29, 2011
Sold by
Katz David and Katz Melissa Jean
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Dec 5, 2007
Sold by
Benham Lawrence and Benham Bonita
Bought by
Katz David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2006
Sold by
Zentz H John and Zentz Patricia
Bought by
Benham Lawrence and Benham Bonita
Source: Public Records

Range of Values:

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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
Performance Properties 124 Llc -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Jpmorgan Chase Bank National Association $227,109 None Available
Katz David $206,000 Segue Title & Real Estate Se
Benham Lawrence -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freese Ronald Lee $126,000
Closed Freese Ronald Lee $116,000
Previous Owner Katz David $217,490
Previous Owner Katz David $164,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2013 12/09/13 Sold $145,000 -27.5% $27 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $199,900 +290.4% $37 / Sq Ft
10/10/2012 10/10/12 Sold $51,200 -51.2% $12 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $105,000 -- $24 / 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
2024 $5,516 $436,600 $17,500 $419,100
2023 $5,954 $464,100 $15,900 $448,200
2022 $5,042 $388,700 $15,900 $372,800
2021 $4,252 $347,100 $15,400 $331,700
2020 $3,904 $287,500 $16,503 $270,997
2019 $3,874 $253,500 $16,254 $237,246
2018 $3,650 $238,600 $14,046 $224,554
2016 $2,798 $246,600 $14,900 $231,700
2015 $2,796 $196,000 $16,000 $180,000
2014 $2,852 $199,200 $18,700 $180,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4483533

REALTOR® Association of Southern Minnesota

APN: 32.42.40800