NOT LISTED FOR SALE

500 6th St S Virginia, MN 55792

Estimated Value: $94,000 - $136,000

4 Beds
2 Baths
1,536 Sq Ft
$73/Sq Ft Est. Value

Last Sold December 04, 2014

Last sale price $8,500 $6 Per Sq Ft

Est. 1,216% increase in value since last sale

Current estimated payment $634/month

Highlights

  • Heating System Uses Steam
  • Rock Ridge High School Rated 10
  • Washer and Dryer

About This Home

As of December 2014

This is a good investment property. Utilities zoned separately, large rooms with great layouts in both apartments. Close to school and downtown businesses. This building is priced to move.

Last Agent to Sell the Property

Darcie Novak

My Place Realty Inc License #20549397 Listed on: 12/01/2014

Last Buyer's Agent

Darcie Novak

My Place Realty Inc License #20549397 Listed on: 12/01/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 3,833

Home Design

  • 1,536 Sq Ft Home
  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Hardboard

Additional Features

  • Washer and Dryer
  • Lot Dimensions are 78 x 49
  • Heating System Uses Steam

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $800
  • Utility Expense $3,800
  • Gross Income $13,300
  • Net Operating Income $8,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: Multi Family
  • Construction: Wood Frame
  • Real Estate Tax: 763.18
  • Type: Duplex
  • Year Built: 1908
  • Inclusions: appliances
  • Lot Size Length: 78
  • Lot Size Width: 49
  • Utilities Expenses: 3800
  • Insurance Expenses: 800
  • Laundry Storage: Washer/Dryer
  • Net Income: 8300
  • Projected Income: 13300
  • Rent: Month To Month
  • Total Expense: 58300
  • Total Income: 13300
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 1536

Exterior Features

  • Exterior: Hard Board
  • Roof: Shingle

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Utilities: City Sewer, City Water
  • Heating: Steam

Fee Information

  • Rent Income: 13300

Lot Info

  • Zoning: Mulit

Multi Family

  • Number Of Units: 2

Tax Info

  • Taxes: 763.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2014
Closed on
Dec 4, 2014
Sold by
American Bank Of The North
Bought by
Deluca Mark
Seller's Agent
Darcie Novak
My Place Realty Inc
Buyer's Agent
Darcie Novak
My Place Realty Inc
Sold Price
$8,500
Current Estimated Value
$111,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,353
Avg. Annual Appreciation
25.85%

Purchase Details

Closed on
Aug 5, 2014
Sold by
Kishel Properties Inc
Bought by
American Bank Of The North

Purchase Details

Closed on
May 4, 2006
Sold by
Northern Wings & Water Llc
Bought by
Kishel Properties Inc

Purchase Details

Closed on
Apr 12, 2005
Sold by
Galinda Brent Douglas and Galinda Brandon
Bought by
Northern Wings & Weber Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,400
Interest Rate
6.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 2001
Sold by
Pingry Frances E and Pingry Richard T
Bought by
Galindo Brent Douglas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deluca Mark $8,500 Up North Title Inc
American Bank Of The North -- None Available
Kishel Properties Inc $38,500 Northeast Title Company
Northern Wings & Weber Llc $28,000 Consolidated Title & Abstrac
Galindo Brent Douglas $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Northern Wings & Weber Llc $22,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2014 12/04/14 Sold $8,500 -- $6 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
Source: Range Association of REALTORS®

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 $636 $91,700 $3,600 $88,100
2023 $636 $67,500 $3,400 $64,100
2022 $410 $62,200 $3,200 $59,000
2021 $424 $53,700 $2,800 $50,900
2020 $480 $53,700 $2,800 $50,900
2019 $132 $57,800 $2,800 $55,000
2018 $130 $30,800 $4,100 $26,700
2017 $158 $30,800 $4,100 $26,700
2016 $144 $37,500 $4,100 $33,400
2015 $763 $37,900 $4,100 $33,800
2014 $763 $37,900 $4,100 $33,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 125379

Range Association of REALTORS®

APN: 090003003720

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