NOT LISTED FOR SALE

317 Park St Detroit Lakes, MN 56501

Estimated Value: $109,000 - $212,000

4 Beds
3 Baths
1,301 Sq Ft
$134/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $77,500 $60 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,154/month

20 Days on Market

Highlights

  • Guest House
  • Home Office
  • Baseboard Heating
  • No HOA
  • Living Room
  • Family Room

About This Home

As of September 2023

Home near downtown, shops, restaurants and Central Market. Home was formally a duplex but now partially turned back into a single family home. 4 bedrooms, 2 bathrooms plus a detached guest quarters with kitchenette and 3/4 bathroom. Home needs a lot of work but has good potential and a great location. Owner/agent.

Last Agent to Sell the Property

Mike Olson

Sky Lodge Properties MN, LLC. Listed on: 08/15/2023

Last Buyer's Agent

Mike Olson

Sky Lodge Properties MN, LLC. Listed on: 08/15/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40'x140'

Interior Spaces

  • 1,301 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Home Office
  • Basement

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Guest House
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Holmes 4Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491390000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,900

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1301
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Microwave, Range, Refrigerator
  • Living Area: 1301
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bathroom, Bedroom 2, Bedroom 3, Family Room, Office, Guest House

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Garage/Parking

  • Parking Features: Driveway - Other Surface

Utilities

  • Heating: Baseboard, Other
  • Sewer: City Sewer - In Street
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Detroit Lakes
  • SchoolDistrictNumber: 22
  • SchoolDistrictPhone: 218-847-9271

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40'x140'
  • Lot Size Sq Ft: 5662.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 491390000
  • Tax Annual Amount: 1900
  • TaxWithAssessments: 1980.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Sep 18, 2023
Sold by
Bering Properties Llc
Bought by
Olds Scott
Seller's Agent
Mike Olson
Sky Lodge Properties MN, LLC.
Buyer's Agent
Mike Olson
Sky Lodge Properties MN, LLC.
List Price
$99,900
Sold Price
$77,500
Premium/Discount to List
-$22,400
-22.42%
Views
73
Current Estimated Value
$181,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,830
Avg. Annual Appreciation
55.70%

Purchase Details

Closed on
Nov 24, 2009
Sold by
Olson Michael and Olson Shannon
Bought by
Bering Properties Llc

Purchase Details

Closed on
Apr 19, 2006
Sold by
Borstad Carmen R and Borstad Clark G
Bought by
Olson Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
6.48%
Mortgage Type
New Conventional
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
Olds Scott $77,500 None Listed On Document
Bering Properties Llc -- None Available
Olson Michael W $76,000 Becker County Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olds Scott J $80,000
Previous Owner Bering Properties Llc $115,000
Previous Owner Bering Properties Llc $100,913
Previous Owner Olson Michael W $106,000
Previous Owner Olson Michael W $60,800
Previous Owner Olson Michael W $15,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $77,500 -13.8% $60 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/28/2023 08/28/23 Price Changed $89,900 -10.0% $69 / Sq Ft
08/15/2023 08/15/23 For Sale $99,900 -- $77 / 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 $1,990 $165,000 $35,100 $129,900
2024 $1,990 $161,700 $36,100 $125,600
2023 $1,980 $153,100 $36,100 $117,000
2022 $1,876 $121,200 $31,800 $89,400
2021 $1,560 $100,300 $31,800 $68,500
2020 $1,570 $100,300 $31,800 $68,500
2019 $1,660 $100,300 $31,800 $68,500
2018 $1,440 $103,000 $31,800 $71,200
2017 $1,518 $98,900 $31,600 $67,300
2016 $1,206 $99,600 $31,600 $68,000
2015 $1,122 $76,200 $31,600 $44,600
2014 -- $71,800 $31,600 $40,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6418505

NorthstarMLS

APN: R491390000