$225,000
SOLD APR 24, 2025

316 3rd Ave NE Brainerd, MN 56401

4 Beds
2 Baths
1,728 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

0 Day on Market

Highlights

  • No Interior Steps
  • 1-Story Property
  • Baseboard Heating
  • Lowell Elementary School Rated A-

About This Home

As of April 2025

2 units side by side 2 bed 1 bath (in each unit) duplex for sale in a convenient location with access to all of the amenities brainerd has to offer. The property has ling time renters and is ready to be turned over to the next investor to instantly start gaining monthly revenue! Come check it out!

Last Agent to Sell the Property

Kathryn Stangler

Ashworth Real Estate Listed on: 03/04/2025

Last Buyer's Agent

Kathryn Stangler

Ashworth Real Estate Listed on: 03/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,038

Year Built

  • Built in 1992

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • No Interior Steps
  • Lot Dimensions are 50x140
  • Baseboard Heating

Community Details

  • 2 Units
  • East Brainerd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41191752

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,038

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 2
  • Accessibility Features: No Stairs Internal
  • Water Source: City Water/Connected
  • Year Built: 1992
  • Above Grade Finished Sq Ft: 1728
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Living Area: 1728
  • Basement YN: No
  • Amenities: Walk-In Closet
  • Amenities: Walk-In Closet
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 4

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Electric

Schools

  • Junior High Dist: Brainerd
  • SchoolDistrictPhone: 218-454-6900

Lot Info

  • Lot Size: 50x140
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board
  • Units Total: 2

Rental Info

  • Expenses: 600.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 41191752
  • Tax Annual Amount: 3038
  • TaxWithAssessments: 3038.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Apr 22, 2025
Sold by
Stangler Properties Llc
Bought by
33754 Charles Llc
Seller's Agent
Kathryn Stangler
Ashworth Real Estate
Buyer's Agent
Kathryn Stangler
Ashworth Real Estate
List Price
$225,000
Sold Price
$225,000
Views
3
Current Estimated Value
$245,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,538
Avg. Annual Appreciation
18.68%
Original Mortgage
$188,000
Outstanding Balance
$186,743
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving
Estimated Equity
$58,795

Purchase Details

Closed on
Sep 16, 2015
Sold by
Bercher Thomas Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
3.9%
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 Type Sale Price Title Company
Warranty Deed $225,000 Rg Title Llc
Deed $117,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $188,000 Credit Line Revolving
Previous Owner $116,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2025 04/24/25 Sold $225,000 0.0% $130 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $225,000 -- $130 / 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 $2,894 $219,400 $44,300 $175,100
2024 $2,894 $220,100 $45,300 $174,800
2023 $2,902 $233,100 $41,800 $191,300
2022 $3,058 $206,100 $33,000 $173,100
2021 $2,948 $173,400 $31,100 $142,300
2020 $2,778 $160,100 $30,100 $130,000
2019 $2,530 $143,900 $30,100 $113,800
2018 $2,268 $129,700 $29,900 $99,800
2017 $2,080 $123,300 $29,900 $93,400
2016 $2,170 $118,400 $23,800 $94,600
2015 $2,010 $110,400 $18,800 $91,600
2014 $1,056 $124,600 $17,300 $107,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6679696

NorthstarMLS

APN: 091220100100009