NOT LISTED FOR SALE

412 2nd Ave NE Perham, MN 56573

Estimated Value: $175,000 - $223,000

3 Beds
1 Bath
1,404 Sq Ft
$142/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $167,500 $119 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,156/month

13 Days on Market

Highlights

  • Bonus Room
  • No HOA
  • Laundry Room
  • Corner Lot
  • Living Room
  • Forced Air Heating System

About This Home

As of July 2024

Charming 1 1/2 story home with 3 bedrooms, 1 full bath, and 2 bonus rooms, on large corner lot with 2 stall detached garage in the bustling town of Perham. On the mainfloor you will find a spacious kitchen and laundry room both with new ceramic tile floor, main floor bedroom (currently used as game/media room), full bathroom with tiled shower surround, and large living room. On the second floor you will find two bedrooms, one with two bonus rooms attached ( bonus rooms currently being used for office and walk-in closet). Potential for second bathroom? Has many updates including brand new hot water heater, shingles, siding, new windows with transferable lifetime warranty, all new flooring on upper level, new tile in kitchen and laundry room. Agent is related to seller.

Last Buyer's Agent

Daniel Lepper

Hinkle Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,420

Year Built

  • Built in 1915

Lot Details

  • 7,144 Sq Ft Lot
  • Lot Dimensions are 50x143
  • Corner Lot
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Bonus Room
  • Unfinished Basement
  • Partial Basement
  • Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Newcombs 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 77000990398001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,420

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 1404
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Unfinished
  • Appliances: Range
  • Living Area: 1404
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Laundry, Living Room, Bedroom 1, Bathroom, Bedroom 2, Bedroom 3, Bonus Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Ottertail Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Perham-Dent
  • SchoolDistrictPhone: 218-346-4501

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x143
  • Lot Size Sq Ft: 7143.84
  • Land Lease: No
  • Lot Features: Corner Lot, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 77000990398001
  • Tax Annual Amount: 1420
  • TaxWithAssessments: 1500.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Jul 11, 2024
Sold by
Oftedahl Jonathan and Oftedahl Aleina
Bought by
Kreller Joshua
Buyer's Agent
Daniel Lepper
Hinkle Realty
List Price
$175,000
Sold Price
$167,500
Premium/Discount to List
-$7,500
-4.29%
Views
31
Current Estimated Value
$199,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,613
Avg. Annual Appreciation
12.48%
Original Mortgage
$107,500
Outstanding Balance
$106,226
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$92,887

Purchase Details

Closed on
Oct 17, 2018
Sold by
Witzke Jason R and Witzke Sara E
Bought by
Oftedahl Jonathan P and Oftedahl Aleina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,252
Interest Rate
4.5%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Kreller Joshua $167,500 --
Oftedahl Jonathan P $124,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kreller Joshua $107,500
Previous Owner Oftedahl Jonathan P $125,252
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2024 07/11/24 Sold $167,500 -4.3% $119 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $175,000 -- $125 / 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 $1,342 $154,500 $10,800 $143,700
2024 $1,500 $155,000 $10,800 $144,200
2023 $1,482 $127,700 $8,100 $119,600
2022 $1,284 $148,200 $0 $0
2021 $1,218 $127,700 $8,100 $119,600
2020 $852 $92,100 $7,300 $84,800
2019 $826 $60,200 $7,300 $52,900
2018 $740 $60,200 $7,300 $52,900
2017 $784 $52,600 $7,300 $45,300
2016 $776 $53,100 $7,300 $45,800
2015 $638 $0 $0 $0
2014 -- $39,600 $7,300 $32,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6543030

NorthstarMLS

APN: 77000990398001