NOT LISTED FOR SALE

424 1st St NW Mahnomen, MN 56557

Estimated Value: $79,000 - $89,383

3 Beds
1.5 Baths
884 Sq Ft
$96/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $22,500 $25 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $527/month

51 Days on Market

Highlights

  • Deck
  • No HOA
  • Laundry Room
  • Corner Lot
  • Living Room
  • Combination Kitchen and Dining Room

About This Home

As of April 2024

*INVESTOR OPPORTUNITY*
Calling all investors or those that are looking to purchase a home at a reasonable price and put some sweat equity into your home!! This 1 1/2 story home on a large corner lot in Mahnomen has the maintenance-free exterior completed with steel siding and a roof that was replaced in 2017 that just needs some love on the interior!! Are you one that is looking to put some equity into a home and reap the benefits? This 3 bed, 2 bath home just may be the one for you!! Property being sold As-Is. Call for your private showing today before this opportunity slips away!!

Last Agent to Sell the Property

Amber Nefzger

REALTY XPERTS Listed on: 02/21/2024

Last Buyer's Agent

Amber Nefzger

REALTY XPERTS Listed on: 02/21/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $384

Year Built

  • Built in 1915

Lot Details

  • 7,535 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Corner Lot

Parking

  • 1 Car Garage

Home Design

  • Flex
  • Unfinished Walls
  • Steel Siding

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Utility Room
  • Laundry Room
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Oil

Community Details

  • No Home Owners Association
  • Birkett & Frazers Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 182500290

Home Details

Home Type

Single Family

Est. Annual Taxes

$384

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 859
  • 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
  • Living Area: 884
  • Fireplace: No
  • Below Grade Finished Sq Ft: 25
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bathroom, Bedroom 2, Bedroom 3, Flex Room, Laundry, Utility Room, Unfinished, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Oil
  • Power Company: Wild Rice Electric Cooperative

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck

Schools

  • Junior High Dist: Mahnomen
  • SchoolDistrictPhone: 218-935-2211

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x150
  • Lot Size Sq Ft: 7535
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 182500290
  • Tax Annual Amount: 384
  • TaxWithAssessments: 484.0000
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Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $22,500 -10.0% $25 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
03/30/2024 03/30/24 For Sale $25,000 0.0% $28 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
03/05/2024 03/05/24 Price Changed $25,000 -34.2% $28 / Sq Ft
02/21/2024 02/21/24 For Sale $38,000 -- $43 / 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 $1,028 $69,400 $3,800 $65,600
2023 $1,266 $69,600 $3,800 $65,800
2022 $640 $52,500 $2,500 $50,000
2021 $500 $44,100 $2,500 $41,600
2020 $666 $44,800 $2,500 $42,300
2019 $716 $44,900 $2,500 $42,400
2018 $592 $44,900 $2,500 $42,400
2017 $508 $31,700 $2,500 $29,200
2016 $464 $32,800 $2,500 $30,300
2015 $47 $22,900 $1,499 $21,401
2013 $448 $22,900 $1,499 $1,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6491919

NorthstarMLS

APN: 18.100.1220