NOT LISTED FOR SALE

400 8th Ave NE Pine City, MN 55063

Estimated Value: $291,627 - $387,000

5 Beds
2 Baths
1,638 Sq Ft
$199/Sq Ft Est. Value

About This Home

This home is located at 400 8th Ave NE, Pine City, MN 55063 and is currently estimated at $325,657, approximately $198 per square foot. 400 8th Ave NE is a home located in Pine County with nearby schools including Pine City Elementary School and Pine City Secondary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2021
Sold by
Holmberg Thomas R and Holmberg Debbie I
Bought by
400 8Th Ave Ne Llc
Current Estimated Value
$325,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Outstanding Balance
$72,653
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$249,259

Purchase Details

Closed on
Sep 15, 2008
Sold by
Tester Shawn A and Tester Katy L
Bought by
Holmberg Thomas R and Holmberg Debbie I

Purchase Details

Closed on
Jul 28, 2006
Sold by
Petrik Corey P and Perik Lorie J
Bought by
Tester Shawn A and Tester Katy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,068
Interest Rate
6.82%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
400 8Th Ave Ne Llc $225,000 Land Title Inc
Holmberg Thomas R $145,000 --
Tester Shawn A $182,500 Northwest Title & Escrow Cor
-- $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 400 8Th Ave Ne Llc $80,500
Closed 400 8Th Ave Ne Llc $115,000
Previous Owner Holmberg Thomas R $20,000
Previous Owner Tester Shawn A $181,068
Closed -- $115,000
Source: Public Records

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 $3,522 $298,500 $45,100 $253,400
2024 $3,502 $280,400 $28,300 $252,100
2023 $3,150 $276,700 $28,300 $248,400
2022 $3,276 $228,600 $20,000 $208,600
2021 $3,106 $208,200 $24,100 $184,100
2020 $3,056 $188,800 $22,300 $166,500
2019 $2,934 $182,100 $22,300 $159,800
2018 $2,180 $170,100 $20,300 $149,800
2017 $2,146 $126,100 $20,300 $105,800
2016 $2,100 $125,400 $20,300 $105,100
2014 $1,882 $115,800 $20,300 $95,500
Source: Public Records

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