Seller's Agent in 2023
Nick Alton
Counselor Realty Detroit Lakes
(320) 815-0575
25 in this area
42 Total Sales
501 Main St E Detroit Lakes, MN 56501
Estimated Value: $52,000 - $142,000
3
Beds
1
Bath
1,200
Sq Ft
$91/Sq Ft
Est. Value
About This Home
As of May 2023It's difficult to find properties in this price range, especially in Lakes Country. Located in the heart of Detroit Lakes, this 1 1/2 story home has 3 bedrooms and a 3/4 bath and is in need of some TLC. Great flip or investment opportunity.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $358
Year Built
- Built in 1910
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 100x50
Interior Spaces
- 1,200 Sq Ft Home
- 1.5-Story Property
- Crawl Space
- Cooktop
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Utilities
- Gravity Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R491921000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2023
Closed on
May 8, 2023
Sold by
Wetland John
Bought by
Grotnes Laurie
Seller's Agent
Nick Alton
Counselor Realty Detroit Lakes
Buyer's Agent
Jill Barnby
Edina Realty, Inc.
List Price
$65,000
Sold Price
$45,000
Premium/Discount to List
-$20,000
-30.77%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,705
Avg. Annual Appreciation
27.20%
Purchase Details
Closed on
Sep 2, 2021
Sold by
Watland John
Bought by
Watland John and Watland John S
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grotnes Laurie | $45,000 | Title Team | |
| Watland John | -- | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2023 05/08/23 | Sold | $45,000 | -30.8% | $38 / Sq Ft |
| 04/26/2023 04/26/23 | Pending | -- | -- | -- |
| 04/25/2023 04/25/23 | For Sale | $65,000 | -- | $54 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $400 | $52,200 | $22,500 | $29,700 |
| 2024 | $400 | $53,100 | $22,500 | $30,600 |
| 2023 | $404 | $50,100 | $22,500 | $27,600 |
| 2022 | $358 | $38,700 | $20,700 | $18,000 |
| 2021 | $288 | $29,800 | $20,700 | $9,100 |
| 2020 | $414 | $29,800 | $20,700 | $9,100 |
| 2019 | $468 | $46,700 | $20,700 | $26,000 |
| 2018 | $390 | $52,600 | $20,700 | $31,900 |
| 2017 | $446 | $47,300 | $20,700 | $26,600 |
| 2016 | $376 | $52,400 | $20,700 | $31,700 |
| 2015 | $342 | $41,600 | $18,800 | $22,800 |
| 2014 | -- | $40,900 | $18,800 | $22,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2023
Jill Barnby
Edina Realty, Inc.
(218) 849-1272
13 in this area
24 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6359566
APN: R491921000
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