$116,000
SOLD FEB 28, 2013

502 Merriam Ave S Thief River Falls, MN 56701

2 Beds
2 Baths
1,048 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$111 Per Sq Ft

6% Above List Price

4 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Patio
  • Porch
  • Eat-In Kitchen
  • 2-minute walk to Lions Park

About This Home

As of March 2024

Location, location, location - Nicely decorated house with two spa-like bathrooms. Many updates including: windows, siding, shingles, and doors. Close to Lions Park and three blocks from Franklin Middle School.

Last Agent to Sell the Property

Richard Johnson

Reed Realty Thief River Falls Listed on: 01/07/2013

Last Buyer's Agent

Richard Johnson

Reed Realty Thief River Falls Listed on: 01/07/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,166

Year Built

  • Built in 1964

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60 x 128

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Basement Window Egress

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 25.02606240

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,166

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Hardwood Floors
  • Amenities Exterior: Patio, Porch
  • Estimated Number of Acres: 0.18
  • Construction: Previously Owned
  • Mechanicals: Fuel Tank-Owned, Water Heater-Electric, Sump Pump
  • Parcel Number: 25.02606240
  • Range: 43.00
  • Section: 34.00
  • Stories: 1 Story
  • Taxes With Assessments: 1166
  • Twp Number: 154.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: On Level: Main
  • Room 2: On Level: Main
  • Room 4: On Level: Basement
  • Room 9: On Level: Main
  • Room 11: On Level: Basement
  • Room 12: On Level: Main
  • Room 17: On Level: Basement
  • Basement Features: Egress Windows, Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 852
  • Below Grade Finished Sq Ft: 196
  • Total Fin Square Footage: 1048
  • Total Square Footage: 852

Exterior Features

  • Frontage Road: City
  • Construction Type: Concrete Block, Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Electric, Oil
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Thief River Falls #564

Lot Info

  • Estimated Lot Dimensions: 60 x 128

Building Info

  • Year Built: 1964

Tax Info

  • Year: 2012
  • Tax Value: 1166

MLS Schools

  • School District: Thief River Falls #564

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 Type Sale Price Title Company
Warranty Deed $154,000 Torrens Title
Warranty Deed $116,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $151,210 FHA
Previous Owner $56,000 New Conventional
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: 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 $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: REALTOR® Association of Southern Minnesota

MLS Number: 4428669

REALTOR® Association of Southern Minnesota

APN: R-25.02606240