NOT LISTED FOR SALE

502 Grove Ave N Park Rapids, MN 56470

Estimated Value: $118,000 - $163,310

2 Beds
1 Bath
879 Sq Ft
$158/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $129,900 $148 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $807/month

3 Days on Market

Highlights

  • 47,916 Sq Ft lot
  • Living Room
  • Forced Air Heating System
  • No HOA
  • 1-Story Property
  • Dining Room

About This Home

As of October 2023

2 bedroom, 1 bathroom home with a detached garage and two storage sheds! With over an acre of land, this house gives a country feel while being close to downtown. Located within walking distance to Heartland Park and the Heartland Trail!

Last Agent to Sell the Property

Keegan Wattenhofer

Brokerage Email: clackdennisbroker@gmail.com Listed on: 09/08/2023

Last Buyer's Agent

Kristine Walsh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,208

Year Built

  • Built in 1940

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 193x245

Parking

  • 1 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 879 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Basement
  • Block Basement Construction

Kitchen

  • Cooktop
  • Freezer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Auditors #4/Pk Rapids Subdivision

Listing and Financial Details

  • Assessor Parcel Number 325260700

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,208

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 879
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: clackdennisbroker@gmail.com
  • Attribution Contact: clackdennisbroker@gmail.com
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Cooktop, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Range, Refrigerator, Washer
  • Living Area: 879
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Bedroom 2, Living Room, Kitchen, Bathroom, Dining Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • Other Structures: Additional Garage, Storage Shed
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Main Floor Primary Bedroom,Washer/Dryer Hookup

Schools

  • Junior High Dist: Park Rapids
  • SchoolDistrictPhone: 218-237-6500

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 193x245
  • Lot Size Sq Ft: 47916
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 325260700
  • Tax Annual Amount: 1208
  • TaxWithAssessments: 1208.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Oct 13, 2023
Sold by
Vasknetz Linda and Vasknetz Richard
Bought by
Martin Amanda and Jensen Garrett
Seller's Agent
Keegan Wattenhofer
Coldwell Banker Crown Realtors
Buyer's Agent
Kristine Walsh
Dane Arthur Real Estate Agency-Park Rapids
List Price
$129,900
Sold Price
$129,900
Views
38
Current Estimated Value
$139,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,178
Avg. Annual Appreciation
3.21%
Original Mortgage
$109,900
Outstanding Balance
$72,345
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$66,733

Purchase Details

Closed on
May 1, 2017
Sold by
Selseth Allan and Selseth Catherine Jo
Bought by
Vasknetz Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,600
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2015
Sold by
Selseth Allan Allan
Bought by
Vasknetz Linda Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.86%

Purchase Details

Closed on
Nov 5, 2012
Sold by
Boots Larry Dell
Bought by
Selseth Allan and Selseth Catherine Jo
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Martin Amanda $129,900 None Listed On Document
Vasknetz Linda $60,000 None Available
Vasknetz Linda Linda $60,000 --
Selseth Allan $9,278 None Available
Selseth Allan $15,721 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Amanda $109,900
Previous Owner Vasknetz Linda $51,600
Previous Owner Vasknetz Linda Linda $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2023 10/13/23 Sold $129,900 0.0% $148 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
09/09/2023 09/09/23 For Sale $129,900 -- $148 / Sq Ft
Source: NorthstarMLS

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 $922 $91,700 $29,800 $61,900
2023 $958 $87,900 $27,900 $60,000
2022 $780 $107,300 $27,900 $79,400
2021 $748 $69,000 $24,200 $44,800
2020 $770 $39,700 $16,252 $23,448
2019 $724 $39,800 $16,268 $23,532
2018 $730 $37,400 $15,643 $21,757
2016 $658 $34,400 $15,669 $18,731
2015 $810 $56,800 $26,100 $30,700
2014 $724 $50,600 $30,200 $20,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6430998

NorthstarMLS

APN: 32.52.60700