NOT LISTED FOR SALE

317 Forest Ave W Mora, MN 55051

Estimated Value: $190,000 - $261,000

5 Beds
3 Baths
1,860 Sq Ft
$126/Sq Ft Est. Value

Last Sold December 15, 2014

Last sale price $77,500 $42 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $1,610/month

84 Days on Market

Highlights

  • 1-Story Property
  • Wood Siding
  • 4-minute walk to Mora Railroad Park
  • Forced Air Heating System

About This Home

As of December 2014

Great opportunity with this three (3) unit rental property conveniently located just blocks from down town. New roof and furnace installed September 2014. Note 2 BR's have no closets. Rental history unknown. Come check out the possibilities today!

Last Agent to Sell the Property

William Haroldson

Edina Realty, Inc. Listed on: 09/22/2014

Co-Listed By

Debbie Haroldson

Edina Realty, Inc.

Last Buyer's Agent

Constance Hamann

Re/Max Reliance, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,780

Year Built

  • Built in 1935

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Few Trees

Parking

  • Driveway

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for electric, fuel, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,780

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessments: Unknown
  • Construction: Previously Owned
  • Stories: 1 Story
  • Estimated Number of Acres: 0.15
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Crawl Space, Partial
  • Finished Above Grade Sq Ft: 1860
  • Total Fin Square Footage: 1860

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Concrete

Utilities

  • Heat: Forced Air

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: 50x132

Rental Info

  • Owner Expense: Electric, Fuel, Trash, Water/Sewer

Building Info

  • Year Built: 1935

Multi Family

  • Total Units Available: 3

Tax Info

  • Year: 2014
  • Tax Value: 1780

MLS Schools

  • School District: Mora #332

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2014
Closed on
Dec 9, 2014
Seller's Agent
William Haroldson
Edina Realty, Inc.
Buyer's Agent
Constance Hamann
Re/Max Reliance, Inc.
List Price
$111,900
Sold Price
$77,500
Premium/Discount to List
-$34,400
-30.74%
Current Estimated Value
$231,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,409
Avg. Annual Appreciation
10.48%
Original Mortgage
$234,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2014
Sold by
Us Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 18, 2014
Sold by
Schultz Michael R and Schultz Lori J
Bought by
U S Bank National Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
-- $77,500 --
P & G Properties Inc -- Stewart Title Of Mn Inc
Federal Home Loan Mortgage Corporation -- None Available
U S Bank National Association $87,408 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed P & G Properties Inc $234,000
Closed -- $77,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2014 12/15/14 Sold $77,500 -30.7% $42 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $111,900 -- $60 / 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
2025 $4,786 $204,900 $28,500 $176,400
2024 $4,638 $204,000 $28,500 $175,500
2023 $4,570 $207,000 $28,500 $178,500
2022 $4,272 $189,700 $26,500 $163,200
2021 $4,056 $155,500 $21,500 $134,000
2020 $3,690 $146,400 $21,500 $124,900
2018 $3,392 $141,700 $28,000 $113,700
2017 $3,190 $128,900 $24,000 $104,900
2016 $2,996 $117,300 $24,000 $93,300
2015 $1,780 $80,800 $20,000 $60,800
2013 $1,780 $80,100 $20,000 $60,100
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2014

    William Haroldson

    Edina Realty, Inc.

  • D

    Seller Co-Listing Agent in 2014

    Debbie Haroldson

    Edina Realty, Inc.

  • C

    Buyer's Agent in 2014

    Constance Hamann

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4677516

REALTOR® Association of Southern Minnesota

APN: 22.03380.00

Minnesota Kanabec County Mora 55051

317 Forest Ave W, Mora, MN

Not Listed for Sale

MultiFamily

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