NOT LISTED FOR SALE

502 Merriam Ave S Thief River Falls, MN 56701

Estimated Value: $137,000 - $183,000

2 Beds
2 Baths
1,002 Sq Ft
$161/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $154,000 $154 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,031/month

14 Days on Market

Highlights

  • No HOA
  • Home Office
  • 1 Car Attached Garage
  • Screened Porch
  • Home Gym
  • 2-minute walk to Lions Park

About This Home

As of March 2024

Real nice 2 bedroom rambler with hardwood floors, newer oak cabinets with pull out shelves. , Full bath with egress window has a huge jet tub. There is also an office downstairs and the home has efa and oil backup heat with central air. there is extra room to finish off in lower level. nice raised concrete patio plus there is a screen porch to enjoy. sharp wood grained vinyl siding and asphault shingles. main bedm has patio door to the patio so you can go out and enjoy the morning sun with a cup of coffee! large bath does get wet behind stool in heavy rain but she just dries with a fan. she had a little water come in in furnace room once in 10 years and then the put in a new window and have had none since. there is an outside sump pump and an inside one. there is a closet in the office that has a lift station in it. the light fixture above the sink works except one of the bulbs keeps burning out so she does not put one in there.

Last Agent to Sell the Property

Kermit Genereux

USA Realty Thief River Falls Listed on: 01/09/2024

Last Buyer's Agent

Samantha Lindgren

Reed Realty Thief River Falls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,924

Year Built

  • Built in 1964

Lot Details

  • 7,667 Sq Ft Lot
  • Lot Dimensions are 60x128

Parking

  • 1 Car Attached Garage

Home Design

  • Unfinished Walls

Interior Spaces

  • 1-Story Property
  • Living Room
  • Home Office
  • Screened Porch
  • Utility Room
  • Home Gym
  • Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Merriam Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number R2502606240

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,924

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1964
  • Above Grade Finished Sq Ft: 852
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 32x24+21x4
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 1002
  • Fireplace: No
  • Below Grade Finished Sq Ft: 150
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Bedroom 1, Bedroom 2, Bathroom, Laundry, Office, Utility Room, Exercise Room, Patio, Screened Porch, Unfinished

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio,Screened

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 352
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Electric,Oil
  • Power Company: Minnkota Power Cooperative

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Thief River Falls
  • SchoolDistrictNumber: 564
  • SchoolDistrictPhone: 218-681-8711

Lot Info

  • Topography: Level
  • PropertyAttachedYN: No
  • Lot Size: 60x128
  • Lot Size Sq Ft: 7666.56
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: R2502606240
  • Tax Annual Amount: 1924
  • TaxWithAssessments: 1924.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Mar 4, 2024
Sold by
Bruggeman Georgianna
Bought by
Ronchetti Daniel
Seller's Agent
Kermit Genereux
USA Realty Thief River Falls
Buyer's Agent
Samantha Lindgren
Reed Realty Thief River Falls
List Price
$144,500
Sold Price
$154,000
Premium/Discount to List
$9,500
6.57%
Views
41
Current Estimated Value
$161,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,167
Avg. Annual Appreciation
2.96%
Original Mortgage
$151,210
Outstanding Balance
$148,723
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$12,444

Purchase Details

Listed on
Jan 7, 2013
Closed on
Feb 28, 2013
Sold by
Armstrong Garry Heidi Ann and Armstrong Heidi A
Bought by
Bruggeman Randall R and Bruggeman Georgianna
Seller's Agent
Richard Johnson
Reed Realty Thief River Falls
Buyer's Agent
Richard Johnson
Reed Realty Thief River Falls
List Price
$109,900
Sold Price
$116,000
Premium/Discount to List
$6,100
5.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$56,000
Interest Rate
3.34%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ronchetti Daniel $154,000 Torrens Title
Bruggeman Randall R $116,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ronchetti Daniel $151,210
Previous Owner Bruggeman Randall R $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $154,000 +6.6% $154 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $144,500 +24.6% $144 / Sq Ft
02/28/2013 02/28/13 Sold $116,000 +5.6% $111 / Sq Ft
01/11/2013 01/11/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $109,900 -- $105 / 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 $2,154 $155,700 $19,200 $136,500
2023 $2,054 $154,100 $0 $0
2022 $1,826 $142,800 $0 $0
2021 $1,764 $122,200 $0 $0
2020 $1,630 $118,000 $0 $0
2019 $1,556 $114,200 $0 $0
2018 $1,520 $114,200 $0 $0
2017 $1,456 $112,600 $0 $0
2016 $1,312 $108,000 $0 $0
2014 $1,230 $97,700 $0 $0
2013 $1,282 $95,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6474108

NorthstarMLS

APN: R-25.02606240