$345,500
SOLD MAY 30, 2025

38470 Gerald Ave North Branch, MN 55056

3 Beds
2 Baths
1,954 Sq Ft
1.04 Acres

Recently Sold

$177 Per Sq Ft

5% Above List Price

6 Days on Market

Highlights

  • 45,346 Sq Ft lot
  • No HOA
  • 1-Story Property
  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2025

Welcome home! Fantastic rambler nestled on an acre in town, what an affordable place to live! Well maintained with plenty of room inside and out! Kitchen has cute breakfast nook and oversized dining area with cozy four season porch currently used as the main place to spend time! Enjoy the gas fireplace and an abundance of windows. Lower level has two sitting areas, 3/4 bath and large bedroom. Outside you will find 2 oversized storage sheds and a really good sized yard with mature trees to provide some privacy. Plenty of room to plant a garden and probably have some chickens! One owner home, many updates over the years including new furnace this year. Seller has enjoyed their time here and now it is available for you!

Last Agent to Sell the Property

Catherine Carchedi

RE/MAX Synergy Listed on: 03/26/2025

RE/MAX Synergy

Co-Listed By

Zak Carchedi

RE/MAX Synergy

Last Buyer's Agent

Bailey Sivanich

Bridge Realty, LLC

Bridge Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,254

Year Built

  • Built in 1988

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 165x262x192x249
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Gas Fireplace

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 150 Amp Service
  • Well
  • Water Softener Leased

Community Details

  • No Home Owners Association
  • Fairbanks Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 110086210

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,254

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1988
  • Above Grade Finished Sq Ft: 1223
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Full
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer, Water Softener Rented
  • Fireplace Features: Gas
  • Living Area: 1954
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 731
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • PoolFeatures: None
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Electric: 150 Amp Service
  • Fuel: Natural Gas
  • Power Company: East Central Energy

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: North Branch
  • SchoolDistrictPhone: 651-674-1000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 165x262x192x249
  • Lot Size Sq Ft: 45345.96
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement, Fiber Board

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 110086210
  • Tax Annual Amount: 3254
  • TaxWithAssessments: 3294.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2025
Closed on
May 30, 2025
Sold by
Hesse Bruce G and Hesse Shelley R
Bought by
Chacon Jorge Pliego and Maldonado Alangy
Seller's Agent
Catherine Carchedi
RE/MAX Synergy
Buyer's Agent
Bailey Sivanich
Bridge Realty, LLC
List Price
$330,000
Sold Price
$345,500
Premium/Discount to List
$15,500
4.7%
Views
44
Current Estimated Value
$340,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,403
Avg. Annual Appreciation
-2.59%
Original Mortgage
$339,241
Outstanding Balance
$338,370
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$1,727

Purchase Details

Closed on
Aug 19, 1999
Sold by
Fisk Darrel N and Fisk Jane M
Bought by
Turner Richard A and Turner Lori A
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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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 $345,500 Ancona Title
Warranty Deed $22,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $339,241 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 Sold $345,500 +4.7% $177 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $330,000 -- $169 / 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
2024 $3,368 $256,700 $0 $0
2023 $3,368 $271,000 $0 $0
2022 $3,294 $256,400 $0 $0
2021 $3,282 $207,100 $0 $0
2020 $3,418 $224,000 $45,000 $179,000
2019 $3,132 $0 $0 $0
2018 $2,418 $0 $0 $0
2017 $2,210 $0 $0 $0
2016 $2,048 $0 $0 $0
2015 $1,928 $0 $0 $0
2014 -- $116,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6693256

NorthstarMLS

APN: 11-00862-10