NOT LISTED FOR SALE

502 502 2nd-Avenue-ne Brainerd, MN 56401

Estimated Value: $183,252 - $194,000

2 Beds
1 Bath
1,300 Sq Ft
$146/Sq Ft Est. Value

Last Sold November 02, 2012

Last sale price $24,700 $19 Per Sq Ft

Est. 668% increase in value since last sale

Current estimated payment $1,189/month

62 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Wood Siding
  • Lowell Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of November 2012

Come check out this 2 bedroom, 1 bath single family home located in a rural area. This home is close to town and activities and boasts an open floor plan! Don't miss out, this will go quick!

Last Agent to Sell the Property

Lori Abear

REO Realty Listed on: 07/31/2012

Last Buyer's Agent

Lori Abear

REO Realty Listed on: 07/31/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,488

Year Built

  • 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 200x75

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

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
  • Estimated Number of Acres: 0.19
  • Assessment Balance: 780.37
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1300
  • Parcel Number: 09128019007Z009
  • Projected Closed Date: 11/02/2012
  • Stories: 1 Story
  • Taxes With Assessments: 1479.74
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 11x16, On Level: Main
  • Room 2: Dining Room, 11x16, 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 Style: Partial
  • Finished Above Grade Sq Ft: 1300
  • Total Fin Square Footage: 1300

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Brainerd #181

Lot Info

  • Estimated Lot Dimensions: 200X75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2014
Sold by
Schack Kurt Kurt
Bought by
Borg Brian and Borg Tara
Total Days on Market
62
Current Estimated Value
$189,813

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
$115,944

Purchase Details

Closed on
Nov 1, 2014
Sold by
Schack Kurt
Bought by
Borg Brian and Borg Tara

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
$115,944

Purchase Details

Closed on
Jan 1, 2014
Bought by
Schack Kurt

Purchase Details

Listed on
Jul 31, 2012
Closed on
Oct 1, 2012
Bought by
Anderson Derek
Seller's Agent
Lori Abear
REO Realty
Buyer's Agent
Lori Abear
REO Realty
List Price
$50,500
Sold Price
$24,700
Premium/Discount to List
-$25,800
-51.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.58%

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

Similar Homes in Brainerd, MN

  • 205 1st Ave NE, Brainerd, MN 56401

    $182,500

    • 3 Beds
    • 1.5 Baths
    • 1,398 Sq Ft
    • 205 1st Ave NE
    • Brainerd, MN

    Charming 1.5-Story Home with Potential!This 3-bedroom, 1.5-bath home offers 1,398 square feet of living space and is ready for your personal touch! Featuring convenient main-level living quarters including laundry and a bedroom/home office. The upper half-story provides additional space for a second and third bedrooms or main bedroom and bonus area. Outside, you'll find a 22x22 detached 2-car

    Karine Loobas Weichert REALTORS Tower Properties

    Section Image
  • 215 Gillis Ave NE, Brainerd, MN 56401

    $219,500

    • 4 Beds
    • 2 Baths
    • 2,075 Sq Ft
    • 215 Gillis Ave NE
    • Brainerd, MN

    Great equity opportunity! This 4 bedroom 2 bath, with 2,075 sqft, has a lower level unit that can be used as a rental, or mother in law suite. The lower level has one bath but plumbed for a second bathroom, and the chance of adding bedrooms. There is a private entry for the lower unit with a walk out. Come check out this house conveniently located in town with a backyard that gives you privacy.

    Brittani Hatfield Century 21 Brainerd Realty

    Section Image
  • 1015 Grove St, Brainerd, MN 56401

    $199,900

    • 3 Beds
    • 1.5 Baths
    • 1,280 Sq Ft
    • 1015 Grove St
    • Brainerd, MN

    AFFORDABLE NORTH BRAINERD CHARMER! This 3 bedroom 2 bath, 3 stall garage capacity home has good privacy for being in North Brainerd and is 4 blocks from Gregory Park, and about a half mile from the Mississippi River access. With a large kitchen, partial fenced yard for privacy, insulated workshop, and a 13X12 lean-to connected to the shop for more storage. All living facilities on 1 level. 2

    Brett Streiff Goedker Realty, Inc

    Section Image
  • 920 4th Ave NE, Brainerd, MN 56401

    $194,900

    • 2 Beds
    • 1 Bath
    • 1,210 Sq Ft
    • 920 4th Ave NE
    • Brainerd, MN

    Don't miss this opportunity to own a fully updated home in Brainerd! This house features a beautiful eat in kitchen with new cabinets, stainless steel appliances and butcher block counter tops. You will appreciate the new flooring throughout, as well as the built in storage in the bedrooms, modern bathroom and so many more interior updates. This home has new siding, new windows, doors as well as

    Ivy Hunter Legacy Real Estate Group

    Section Image
  • 1017 9th Ave NE, Brainerd, MN 56401

    $169,900

    • 2 Beds
    • 1 Bath
    • 672 Sq Ft
    • 1017 9th Ave NE
    • Brainerd, MN

    Welcome to this charming 2 bed 1 bath slab home that offers a blend of comfort and convenience! Justminutes from shopping, dining and local amenities with all main floor living, stainless steel appliances and new water heater! Step out back to the porchand large backyard perfect for pets, gardening and gatherings. This home is move in ready!

    Kathryn Stangler Ashworth Real Estate

    Section Image
  • 705 N 6th St, Brainerd, MN 56401

    $227,000

    • 4 Beds
    • 2 Baths
    • 1,589 Sq Ft
    • 705 N 6th St
    • Brainerd, MN

    Recent renovated 4 plus bedroom house. New kitchen was renovated with custom knotty alder cabinets, new windows, fresh paint and flooring, new carpet, new tiled bathrooms, updated electrical, and new plumbing. Looking for a home that is turn key and ready to move into with lots of rooms and a bath on each level in a North Brainerd location than this is it.

    Jamie Magness Keller Williams Realty Professionals

    Section Image
  • 508 Bluff Ave, Brainerd, MN 56401

    $247,500

    • 3 Beds
    • 2 Baths
    • 1,492 Sq Ft
    • 508 Bluff Ave
    • Brainerd, MN

    Welcome to this beautiful classic home nestled in Brainerd's historic Bluff Avenue. Step inside and be greeted by original hardwood floors throughout much of the main level and the inviting living room anchored by a white brick fireplace. New large windows throughout the home flood the home with natural light. The galley kitchen boasts ceiling height oak cabinetry and a breakfast nook. Enjoy a

    Alyssa Sharpe RE/MAX Results - Nisswa

    Section Image
  • 923 11th Ave NE, Brainerd, MN 56401

    $180,000

    • 2 Beds
    • 1 Bath
    • 1,150 Sq Ft
    • 923 11th Ave NE
    • Brainerd, MN

    Welcome to this wonderful 2BR home located in NE Brainerd just a block to Garfield Elementary School. This warm and inviting home is full of character and features updated LVT flooring, some newer windows, updated tiled shower, and a shaded peaceful backyard with mature trees . Conveniently located near shopping, dining, and local parks.

    Sue Nelson Keller Williams Classic Rlty NW

    Section Image
  • 420 SE 14th St, Brainerd, MN 56401

    $215,000

    • 2 Beds
    • 1 Bath
    • 1,120 Sq Ft
    • 420 SE 14th St
    • Brainerd, MN

    Beautiful, clean home in quiet Brainerd, built in 2015. Well maintained home with accessible hallways, roll-in shower, wide doorways. 2 bedroom, 1 bathroom. Eat in kitchen. Open living room, dining and kitchen - all main floor. 1 car attached garage. Well kept lawn with flower beds. Convenient location with shops and entertainment nearby.

    Michael Higgins EXP Realty

    Section Image

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Borg Brian $94,900 --
Borg Brian $94,900 --
Schack Kurt $75,000 --
Anderson Derek $24,500 --
Poegel Samuel T $98,000 --
Ehrich Sandra $70,000 --
Ehrich Robert R $66,000 --
Finlay Bonnie B $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borg Brian $94,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2012 11/02/12 Sold $24,700 -51.1% $19 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
07/31/2012 07/31/12 For Sale $50,500 -- $39 / 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

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4382459

REALTOR® Association of Southern Minnesota

APN: 09128019007Z009