$245,000
SOLD MAY 16, 2025

502 Mitchell St Coleraine, MN 55722

4 Beds
1.5 Baths
1,792 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$137 Per Sq Ft

1% Below List Price

46 Days on Market

Highlights

  • No HOA
  • Living Room
  • Dining Room
  • Greenway Senior High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of May 2025

Move-in Ready Corner Lot Charmer in Coleraine! With inventory at a premium in Coleraine, this beautifully updated home is a rare gem that’s sure to steal your heart! Featuring a host of upgrades—including new flooring, roof, decking, updated appliances, and stylish countertops—this home is truly turn-key with a smart, functional layout. Curb appeal is off the charts with on-trend color choices and fresh exterior paint. The updated furnace adds peace of mind, while the large walk-out basement leads to an oversized two-stall garage—perfect for storage, hobbies, or projects. Nestled on a spacious corner lot, the yard comes alive in the warmer months, offering outdoor enjoyment and space to relax. Inside, the unfinished basement offers potential for equity with future finishing. Coleraine is beloved for its small-town charm, strong hockey tradition, and Trout Lake just a stone’s throw from downtown. Don’t miss this one—it won’t last long!

Last Agent to Sell the Property

Brett Beckfeld

COLDWELL BANKER NORTHWOODS Listed on: 03/31/2025

COLDWELL BANKER NORTHWOODS

Co-Listed By

Luke Garner

COLDWELL BANKER NORTHWOODS

Last Buyer's Agent

Sarah Mell

MOVE IT REAL ESTATE GROUP/LAKEHOMES.COM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,403

Year Built

  • Built in 1935

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75 x 125

Parking

  • 2 Car Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Third Add To Coleraine Subdivision

Listing and Financial Details

  • Assessor Parcel Number 884401220

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,403

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Year Built: 1935
  • Above Grade Finished Sq Ft: 1792
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Brick/Mortar
  • Living Area: 1792
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Greenway
  • SchoolDistrictPhone: 218-247-7306

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75 x 125
  • Lot Size Sq Ft: 9583.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Engineered Wood

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 884401220
  • Tax Annual Amount: 2403
  • TaxWithAssessments: 2448.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2025
Closed on
May 16, 2025
Sold by
Smith Amy M and Smith Jeremy M
Bought by
Carlson Ryan G and Carlson Maria A
Seller's Agent
Brett Beckfeld
COLDWELL BANKER NORTHWOODS
Buyer's Agent
Sarah Mell
MOVE IT REAL ESTATE GROUP/LAKEHOMES.COM
List Price
$246,900
Sold Price
$245,000
Premium/Discount to List
-$1,900
-0.77%
Views
62
Current Estimated Value
$240,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,001
Avg. Annual Appreciation
-2.58%
Original Mortgage
$196,000
Outstanding Balance
$195,302
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$45,697

Purchase Details

Closed on
Jan 15, 2016
Sold by
Kern Robert A and Kern Robert S
Bought by
Smith Amy M and Smith Jeremy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,426
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 $245,000 First American Title
Warranty Deed $142,400 1St American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,000 New Conventional
Previous Owner $146,426 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2025 05/16/25 Sold $245,000 -0.8% $137 / Sq Ft
03/31/2025 03/31/25 For Sale $246,900 -- $138 / 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 $2,058 $197,500 $15,000 $182,500
2023 $2,058 $197,500 $15,000 $182,500
2022 $1,884 $172,900 $15,000 $157,900
2021 $2,022 $145,600 $15,000 $130,600
2020 $1,950 $146,600 $15,000 $131,600
2019 $2,082 $135,500 $15,000 $120,500
2018 $2,028 $135,500 $15,000 $120,500
2017 $1,916 $0 $0 $0
2016 $1,824 $0 $0 $0
2015 $1,786 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6695982

NorthstarMLS

APN: 88-440-1220