NOT LISTED FOR SALE

402 Central Ave SE Bemidji, MN 56601

Estimated Value: $170,000 - $234,000

4 Beds
2 Baths
2,113 Sq Ft
$92/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $16,315 $8 Per Sq Ft

Est. 1,091% increase in value since last sale

Current estimated payment $1,235/month

107 Days on Market

Highlights

  • 1.3 Acre Lot
  • Eat-In Kitchen
  • Forced Air Heating System
  • Lincoln Elementary School Rated 9+

About This Home

As of July 2012

Side by side duplex being sold ''As Is''. Corner lot.

Last Agent to Sell the Property

Loree Pederson

Grimes Realty Listed on: 03/25/2012

Last Buyer's Agent

Ross Pederson

Grimes Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 40x140

Home Design

  • 2,113 Sq Ft Home
  • Duplex
  • Frame Construction
  • Concrete Fiber Board Siding

Additional Features

  • Eat-In Kitchen
  • Ground Level
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 800364500

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Commercial
  • Style: Duplex - Side by Side
  • Foreclosure: Yes
  • Parcel Number: 800364500
  • Price Per Square Foot: 7.72
  • Range: 33.00
  • Section: 15.00
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 2064
  • Twp Number: 146.00
  • Estimated Number of Acres: 1.3
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Finished Above Grade Sq Ft: 2113
  • Total Square Footage: 2113

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Fiber Board

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Bemidji #31

Lot Info

  • Estimated Lot Dimensions: 40x140

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2011
  • Tax Value: 2064

MLS Schools

  • School District: Bemidji #31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2021
Sold by
Labraaten Properties Llc
Bought by
Hartje Brothers Investments Llc
Current Estimated Value
$194,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$661,050
Interest Rate
2.98%
Mortgage Type
Commercial
Estimated Equity
-$466,717

Purchase Details

Listed on
Mar 25, 2012
Closed on
Jul 27, 2012
Sold by
Wells Fargo Bank National Association
Bought by
Labraaten Properties Llc
Seller's Agent
Loree Pederson
Grimes Realty
Buyer's Agent
Ross Pederson
Grimes Realty
List Price
$49,000
Sold Price
$16,315
Premium/Discount to List
-$32,685
-66.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.56%
Original Mortgage
$70,000
Interest Rate
3.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 25, 2011
Sold by
Pochardt Nathan A and Pochardt Jennifer S
Bought by
Wells Fargo Bank National Association
Source: Public Records

Range of Values:

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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
Hartje Brothers Investments Llc $900,000 Sathre Title Inc
Labraaten Properties Llc $16,315 None Available
Wells Fargo Bank National Association $140,824 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartje Brothers Investments Llc $720,000
Previous Owner Labraaten Properties Llc $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2012 07/27/12 Sold $16,315 -66.7% $8 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
03/25/2012 03/25/12 For Sale $49,000 -- $23 / 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
2024 $2,500 $146,700 $4,400 $142,300
2023 $2,500 $146,700 $4,400 $142,300
2022 $2,308 $128,600 $4,400 $124,200
2021 $2,198 $96,800 $3,400 $93,400
2019 $1,994 $96,800 $3,400 $93,400
2018 $1,978 $85,000 $3,900 $81,100
2016 $1,854 $79,800 $3,900 $75,900
2015 $1,794 $76,600 $0 $0
2014 $1,130 $76,600 $0 $0
2011 $1,964 $88,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Loree Pederson

    Grimes Realty

  • R

    Buyer's Agent in 2012

    Ross Pederson

    Grimes Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3594996

REALTOR® Association of Southern Minnesota

APN: 80.03645.00

Minnesota Beltrami County Bemidji 56601

402 Central Ave SE, Bemidji, MN

This home is located at 402 Central Ave SE, Bemidji, MN 56601 since 25 March 2012 and is currently estimated at $194,333, approximately $91 per square foot. This property was built in 1920. 402 Central Ave SE is a home located in Beltrami County with nearby schools including Lincoln Elementary School, Bemidji Middle School, and Bemidji Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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