$167,500
SOLD JAN 2, 2026

316 Cherry Ave N Braham, MN 55006

4 Beds
2 Baths
1,680 Sq Ft
0.29 Acres

Recently Sold

$100 Per Sq Ft

16% Below List Price

27 Days on Market

About This Home

As of January 2026

This is a duplex with 2 bedrooms in each unit. Partially wooded corner lot. Off street parking. Leases are month-to-month. Two more adjacent duplexes to be sold with this duplex as there is one parking lot for use by all three duplexes. All units have oak hardwood floors -- no carpet. All duplexes have the same floor plan. Ceramic tile bathrooms. All units are occupied by tenants. Two forms of heating -- forced air furnace and electric baseboard. Tenants can choose which one to use. The addresses for the other two duplexes are 307 4th St NW (List #6815821) and 315 4th St NW (List #6815966)

Last Agent to Sell the Property

Lynn Kelley

Top Realty Advisors, LLC Listed on: 11/05/2025

Co-Listed By

Autumn Mattson

Top Realty Advisors, LLC

Last Buyer's Agent

Lynn Kelley

Top Realty Advisors, LLC Listed on: 11/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,990

Year Built

  • Built in 1966

Parking

  • Parking Lot

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Additional Features

  • Lot Dimensions are 91.21x142.68
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, heat, hot water, telephone
  • The owner pays for insurance, grounds care, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 140440160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,990

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Type: Residential Income
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1966
  • Above Grade Finished Sq Ft: 1680
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Full
  • Living Area: 1680
  • Owner Pays: Insurance, Grounds Care, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes

Beds/Baths

  • Total Bedrooms: 4

Garage/Parking

  • Parking Features: Parking Lot

Utilities

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

Schools

  • Junior High Dist: Braham
  • SchoolDistrictPhone: 3203963313

Lot Info

  • Lot Size: 91.21x142.68
  • Land Lease: No
  • Additional Parcels: No
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 2

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 140440160
  • Tax Annual Amount: 2990
  • TaxWithAssessments: 2990

Multi Family

  • TenantPays: Electricity, Gas, Heat, Hot Water, Telephone
  • ElectricExpense: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2025
Closed on
Jan 2, 2026
Sold by
Kelley Timothy N and Kelley Lynn C
Bought by
Tims Richard P and Tims Nicole M
Seller's Agent
Lynn Kelley
Top Realty Advisors, LLC
Buyer's Agent
Lynn Kelley
Top Realty Advisors, LLC
List Price
$200,000
Sold Price
$167,500
Premium/Discount to List
-$32,500
-16.25%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1884.93%
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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Purchase History

Date Type Sale Price Title Company
Warranty Deed $475,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2026 01/02/26 Sold $167,500 -16.3% $100 / Sq Ft
12/02/2025 12/02/25 Pending -- -- --
11/05/2025 11/05/25 For Sale $200,000 -- $119 / 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 $2,990 $150,900 $15,000 $135,900
2024 $2,664 $136,400 $15,000 $121,400
2023 $2,686 $136,400 $15,000 $121,400
2022 $2,152 $134,900 $15,000 $119,900
2021 $2,146 $119,600 $15,000 $104,600
2020 $2,240 $118,000 $15,000 $103,000
2019 $2,016 $121,700 $0 $0
2018 $1,830 $97,600 $0 $0
2016 $1,630 $0 $0 $0
2015 $1,530 $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6807186

NorthstarMLS

APN: 14.044.0160