NOT LISTED FOR SALE

501 NW 7th St Grand Rapids, MN 55744

Estimated Value: $205,000 - $234,000

2 Beds
2 Baths
888 Sq Ft
$245/Sq Ft Est. Value

About This Home

This home is located at 501 NW 7th St, Grand Rapids, MN 55744 and is currently estimated at $217,670, approximately $245 per square foot. 501 NW 7th St is a home located in Itasca County with nearby schools including Forest Lake Elementary School, Robert J. Elkington Middle School, and Grand Rapids Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2023
Sold by
Taylor Investment Company
Bought by
Bennett Scarlett
Current Estimated Value
$217,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Outstanding Balance
$185,594
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$32,076

Purchase Details

Closed on
Nov 23, 2022
Sold by
Turman Laura
Bought by
Taylor Investment Company Llc

Purchase Details

Closed on
Jul 27, 2015
Sold by
Hoppus Michael L and Hoppus Suzanne B
Bought by
Turman Laura

Purchase Details

Closed on
Oct 14, 2014
Sold by
Hoppus Michael Michael
Bought by
Turman Laura Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.12%

Purchase Details

Closed on
Jun 27, 2008
Sold by
Aalto Daniel J and Aalto Mandie J
Bought by
Hoppus Michael L and Hoppus Suzanne B
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Bennett Scarlett $191,000 --
Taylor Investment Company Llc $90,000 --
Turman Laura $110,000 First American Title
Turman Laura Laura $110,000 --
Hoppus Michael L $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Scarlett $191,000
Previous Owner Turman Laura Laura $90,000
Source: Public Records

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
2024 $2,754 $184,100 $27,900 $156,200
2023 $2,754 $184,100 $27,900 $156,200
2022 $2,776 $163,300 $27,400 $135,900
2021 $1,376 $135,200 $27,400 $107,800
2020 $1,444 $114,700 $27,400 $87,300
2019 $1,612 $114,700 $27,400 $87,300
2018 $1,226 $124,900 $27,400 $97,500
2017 $1,188 $0 $0 $0
2016 $1,128 $0 $0 $0
2015 $1,106 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Map

Minnesota Itasca County Grand Rapids 55744

501 NW 7th St, Grand Rapids, MN

This home is located at 501 NW 7th St, Grand Rapids, MN 55744 and is currently estimated at $217,670, approximately $245 per square foot. 501 NW 7th St is a home located in Itasca County with nearby schools including Forest Lake Elementary School, Robert J. Elkington Middle School, and Grand Rapids Senior High School.

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