NOT LISTED FOR SALE

48218 505th Ave Perham, MN 56573

Estimated Value: $333,000 - $566,000

3 Beds
3 Baths
3,182 Sq Ft
$136/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $293,550 $92 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,434/month

31 Days on Market

Highlights

  • Second Kitchen
  • No HOA
  • Hobby Room
  • Wood Burning Stove
  • Home Office
  • Stainless Steel Appliances

About This Home

As of July 2023

This quaint hobby farm on nearly 10 wooded acres is a horse owner's dream or a hunter's delight. In addition to the array of beautiful songbirds the owners see deer, turkeys, and the occasional bear. The home has undergone numerous recent updates in the main level kitchen and living area: including all new appliances, kitchen cabinets/countertops, flooring, light fixtures, toilets, exterior deck, well pressure tank, and water softener. The basement, with its additional private entrance, could be rented out as a separate apartment equipped with a kitchen and full bath with laundry hookups. Outdoors, the parcel is almost entirely fenced in. Outbuildings include a loafing shed, chicken coop, and permanent deer stand. The 24x52 garage is 2 stalls plus shop, plus another 32x16 back shop, all heated. This dream hobby farm is very close to lakes and less than 20 minutes from the high schools in Perham and New York Mills, and both buses go by. Come, take a look!

Last Agent to Sell the Property

Wendie VanKirk

Edina Realty, Inc. Listed on: 05/20/2023

Edina Realty, Inc.

Last Buyer's Agent

Matt Brekke

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,158

Year Built

  • Built in 1985

Lot Details

  • 9.73 Acre Lot
  • Lot Dimensions are 400x1168
  • Wire Fence
  • Unpaved Streets
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Wood Foundation

Interior Spaces

  • 1-Story Property
  • Wood Burning Stove
  • Electric Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Hobby Room
  • Storage Room
  • Utility Room
  • Partially Finished Basement
  • Basement Window Egress

Kitchen

  • Second Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Private Water Source
  • Well
  • Drilled Well
  • Electric Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00012000240156002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,158

Year Built

Built in 1985

Lot Details

9.73 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Submersible - 4 Inch, Drilled, Private, Well
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 2308
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL
  • Second Unit: Existing In-Law w/Bath,Existing In-Law w/Kitchen
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Partially Finished, Wood
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Fuel Tank - Rented, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Electric, Living Room
  • Living Area: 3182
  • Below Grade Finished Sq Ft: 874
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bathroom, Hobby Room, Bedroom 2, Bedroom 3, Laundry, Family Room, Kitchen- 2nd, Office, Storage, Utility Room
  • SqFtTotal: 3988.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Wire
  • Other Structures: Chicken Coop/Barn, Loafing Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Rear Porch
  • Farm Type: Hobby,Horse

Garage/Parking

  • Parking Features: Attached Garage, Gravel, Concrete, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

  • Heating: Forced Air, Wood Stove
  • Sewer: Mound Septic, Private Sewer, Tank with Drainage Field
  • Electric: Circuit Breakers
  • Fuel: Propane,Wood

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Porch,Washer/Dryer Hookup

Schools

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

Lot Info

  • Topography: Level,Pasture,Wooded
  • PropertyAttachedYN: No
  • Lot Size: 400x1168
  • Lot Size Sq Ft: 423838.8
  • Land Lease: No
  • Lot Features: Suitable for Horses, Tree Coverage - Heavy
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 00012000240156002
  • Tax Annual Amount: 2158
  • TaxWithAssessments: 2158.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2023
Closed on
Jul 27, 2023
Sold by
Yttrie Gary and Yttrie Rebecca
Bought by
Clark Alexis and Clark Spencer
Seller's Agent
Wendie VanKirk
Edina Realty, Inc.
Buyer's Agent
Matt Brekke
eXp Realty
List Price
$300,000
Sold Price
$293,550
Premium/Discount to List
-$6,450
-2.15%
Views
79
Current Estimated Value
$432,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,264
Avg. Annual Appreciation
16.38%
Original Mortgage
$293,550
Outstanding Balance
$286,710
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$146,104

Purchase Details

Closed on
Jan 6, 2021
Sold by
Osterday Brian Brian
Bought by
Yttrie Gary Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
2.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Clark Alexis $293,550 --
Yttrie Gary Gary $209,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Alexis $293,550
Previous Owner Yttrie Gary Gary $209,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2023 07/27/23 Sold $293,550 +0.4% $92 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
05/31/2023 05/31/23 Price Changed $292,500 -2.5% $92 / Sq Ft
05/20/2023 05/20/23 For Sale $300,000 -- $94 / Sq Ft
Source: NorthstarMLS

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 $2,456 $397,000 $79,700 $317,300
2024 $2,184 $382,700 $73,500 $309,200
2023 $2,158 $314,700 $57,400 $257,300
2022 $1,970 $215,800 $0 $0
2021 $1,778 $314,700 $57,400 $257,300
2020 $1,720 $211,000 $41,100 $169,900
2019 $1,670 $197,100 $39,500 $157,600
2018 $1,648 $197,100 $39,500 $157,600
2017 $1,634 $187,400 $37,700 $149,700
2016 $1,572 $174,200 $37,700 $136,500
2015 $1,376 $0 $0 $0
2014 -- $170,000 $36,300 $133,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6374130

NorthstarMLS

APN: 12000240156002

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