$75,000
SOLD JAN 29, 2014

502 2nd Ave NE Brainerd, MN 56401

2 Beds
1 Bath
1,427 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$53 Per Sq Ft

50 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • 2 Car Detached Garage
  • Lowell Elementary School Rated A-
  • Formal Dining Room
  • Walk-In Closet

About This Home

As of November 2014

Turn key completely updated. Updated roof, water heater, kitchen cabinets, sink, counter tops, hickory flooring, carpet, shutters, paint inside and out. Remodeled bath w/marble tile & new fixtures. New patio to relax and enjoy.

Last Agent to Sell the Property

RASM STAFF

Coldwell Banker Burnet Listed on: 11/20/2013

Last Buyer's Agent

RASM STAFF

Coldwell Banker Burnet Listed on: 11/20/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,488

Year Built

  • 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x140
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,427 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Free Standing Fireplace
  • Formal Dining Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 09128019007Z009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,488

Year Built

1900

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Estimated Number of Acres: 0.19
  • Construction: Previously Owned
  • Foundation Size: 1485
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 09128019007Z009
  • Projected Closed Date: 01/24/2014
  • Stories: 1 Story
  • Taxes With Assessments: 619
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Free Standing
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 11x16, On Level: Main
  • Room 2: Dining Room, 12x17, On Level: Main
  • Room 4: Kitchen, 11x18, On Level: Main
  • Room 5: Bedroom, 9x15, On Level: Main
  • Room 6: Bedroom, 9x10, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1427
  • Total Fin Square Footage: 1427

Exterior Features

  • Frontage Road: City
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Heat: Baseboard
  • Sewer: City
  • Water: City

Schools

  • School District: Brainerd #181

Lot Info

  • Estimated Lot Dimensions: 60x140
  • Lot/Land Description: Corner Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2014
Closed on
Nov 26, 2014
Sold by
Schack Kurt Kurt
Bought by
Borg Brian and Borg Tara
Seller's Agent
Ivy Kukowski
Exit Lakes Realty Premier
Buyer's Agent
LaVerne Borg
Century 21 Brainerd Realty
List Price
$88,000
Sold Price
$94,900
Premium/Discount to List
$6,900
7.84%
Current Estimated Value
$198,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,274
Avg. Annual Appreciation
7.00%
Original Mortgage
$94,900
Outstanding Balance
$73,869
Interest Rate
3.97%
Estimated Equity
$121,817

Purchase Details

Listed on
Oct 22, 2014
Closed on
Nov 1, 2014
Sold by
Schack Kurt
Bought by
Borg Brian and Borg Tara
Seller's Agent
Ivy Kukowski
Exit Lakes Realty Premier
Buyer's Agent
LaVerne Borg
Century 21 Brainerd Realty
List Price
$88,000
Sold Price
$94,900
Premium/Discount to List
$6,900
7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,900
Outstanding Balance
$73,869
Interest Rate
3.97%
Estimated Equity
$121,817

Purchase Details

Listed on
Nov 20, 2013
Closed on
Jan 1, 2014
Bought by
Schack Kurt
Seller's Agent
RASM STAFF
Coldwell Banker Burnet
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$74,900
Sold Price
$75,000
Premium/Discount to List
$100
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.24%

Purchase Details

Closed on
Oct 1, 2012
Bought by
Anderson Derek

Purchase Details

Closed on
Jun 1, 2004
Sold by
Bonde Erik R and Bonde Sandra M
Bought by
Poegel Samuel T

Purchase Details

Closed on
Sep 1, 2002
Sold by
Ehrich Robert T and Ehrich Lorraine B
Bought by
Ehrich Sandra and Bonde Erik R

Purchase Details

Closed on
Mar 1, 2000
Sold by
Finlay Leigh Ronal
Bought by
Ehrich Robert R

Purchase Details

Closed on
Jan 1, 1996
Sold by
Bull Josephine
Bought by
Finlay Bonnie B
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $94,900 --
Warranty Deed $94,900 --
Warranty Deed $75,000 --
Warranty Deed $24,500 --
Warranty Deed $98,000 --
Warranty Deed $70,000 --
Warranty Deed $66,000 --
Warranty Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $94,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2014 11/26/14 Sold $94,900 +7.8% $67 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
10/22/2014 10/22/14 For Sale $88,000 +17.3% $62 / Sq Ft
01/29/2014 01/29/14 Sold $75,000 +0.1% $53 / Sq Ft
01/09/2014 01/09/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $74,900 -- $52 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,488 $167,300 $46,600 $120,700
2023 $1,370 $161,100 $42,900 $118,200
2022 $1,364 $141,500 $34,200 $107,300
2021 $1,310 $118,800 $32,100 $86,700
2020 $1,194 $111,800 $31,000 $80,800
2019 $1,086 $101,100 $31,000 $70,100
2018 $966 $94,000 $30,800 $63,200
2017 $812 $61,078 $20,856 $40,222
2016 $768 $47,900 $15,400 $32,500
2015 $678 $42,100 $12,100 $30,000
2014 $484 $69,600 $18,800 $50,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4561187

REALTOR® Association of Southern Minnesota

APN: 09128019007Z009