$72,000
SOLD FEB 19, 2025

502 N 7th St Brainerd, MN 56401

6 Beds
1.5 Baths
4,113 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

3% Above List Price

4 Days on Market

Highlights

  • Corner Lot
  • Lowell Elementary School Rated A-
  • No HOA

About This Home

As of February 2025

Northside Jewel ready to be restored to it's once former glory. This property suffered a fire in October of 2022, the price is reflective of the restoration work required to be completed. Property is being sold AS-IS

Last Agent to Sell the Property

Antje Anderson

Aspen Real Estate Svcs, LLC Listed on: 02/03/2025

Co-Listed By

Tina Anderson

Aspen Real Estate Svcs, LLC

Last Buyer's Agent

Antje Anderson

Aspen Real Estate Svcs, LLC Listed on: 02/03/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1911

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x140
  • Corner Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2-Story Property
  • Decorative Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Boiler Heating System

Community Details

  • No Home Owners Association
  • Town Of Brainerd & First Add Bra Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41240969

Home Details

Home Type

Single Family

Year Built

Built in 1911

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water - In Street
  • Year Built: 1911
  • Above Grade Finished Sq Ft: 2848
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Fireplace Features: Decorative
  • Living Area: 4113
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1265
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Stone

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 576

Utilities

  • Heating: Boiler
  • Sewer: City Sewer - In Street
  • Fuel: Natural Gas
  • Power Company: Brainerd Public Utilities

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Brainerd
  • SchoolDistrictNumber: 181
  • SchoolDistrictPhone: 218-454-6900

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 60x140
  • Lot Size Sq Ft: 8276.4
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 41240969
  • Tax Annual Amount: 2436
  • TaxWithAssessments: 2436.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Feb 19, 2025
Sold by
Tan Investments Inc
Bought by
Ash Properties Inc
Seller's Agent
Antje Anderson
Aspen Real Estate Svcs, LLC
Buyer's Agent
Antje Anderson
Aspen Real Estate Svcs, LLC
List Price
$69,900
Sold Price
$72,000
Premium/Discount to List
$2,100
3%
Views
3
Current Estimated Value
$209,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,120
Avg. Annual Appreciation
403.05%

Purchase Details

Listed on
May 11, 2014
Closed on
Jun 5, 2014
Sold by
Olson Robert Robert
Seller's Agent
Chad Schwendeman
Exit Lakes Realty Premier
Buyer's Agent
Tina Anderson
Positive Realty
List Price
$239,900
Sold Price
$236,000
Premium/Discount to List
-$3,900
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.48%
Original Mortgage
$236,000
Interest Rate
4.34%

Purchase Details

Listed on
May 11, 2014
Closed on
Jun 1, 2014
Sold by
Olson Robert E and Olson Catherine T
Bought by
Tan Investments Inc
Seller's Agent
Chad Schwendeman
Exit Lakes Realty Premier
Buyer's Agent
Tina Anderson
Positive Realty
List Price
$239,900
Sold Price
$236,000
Premium/Discount to List
-$3,900
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
4.34%
Source: Public Records

Range of Values:

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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 $71,500 Crow Wing County Abstract Co I
Deed $236,000 --
Warranty Deed $236,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $236,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2025 02/19/25 Sold $72,000 +20.0% $18 / Sq Ft
02/07/2025 02/07/25 Price Changed $60,000 -14.2% $15 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $69,900 -70.4% $17 / Sq Ft
06/05/2014 06/05/14 Sold $236,000 -1.6% $58 / Sq Ft View Prior Sale
05/13/2014 05/13/14 Pending -- -- --
05/11/2014 05/11/14 For Sale $239,900 -- $59 / 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
2025 $2,418 $157,300 $47,900 $109,400
2024 $2,418 $162,400 $46,600 $115,800
2023 $3,376 $158,600 $43,300 $115,300
2022 $3,820 $304,900 $37,900 $267,000
2021 $3,810 $278,400 $35,500 $242,900
2020 $3,740 $266,700 $35,500 $231,200
2019 $3,504 $251,700 $35,500 $216,200
2018 $3,222 $235,500 $35,300 $200,200
2017 $2,978 $215,300 $35,300 $180,000
2016 $2,410 $161,500 $25,100 $136,400
2015 $1,900 $125,300 $16,900 $108,400
2014 $1,031 $147,800 $16,400 $131,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6656699

NorthstarMLS

APN: 09196138022Z009