NOT LISTED FOR SALE

502 NE 4th Ave Grand Rapids, MN 55744

Estimated Value: $162,000 - $217,000

3 Beds
2 Baths
2,045 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $175,000 $86 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,172/month

4 Days on Market

Highlights

  • Recreation Room
  • No HOA
  • Living Room
  • Corner Lot
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of May 2022

3 Bedroom home conveniently located in NE Grand Rapids! Recent updates include complete Kitchen remodel, remodeled full bath with a new tiled shower, New rec room in basement, 3/4 bath in basement, New deck and entry way, new flooring, lighting and paint throughout!! Close to schools, restaurants & shopping, Great home at a great price!

Last Listed By

Clint Corrow

GRAND PROPERTIES REAL ESTATE Listed on: 03/29/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,081

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50' x 140'
  • Partially Fenced Property
  • Corner Lot

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 914152025

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,081

Year Built

Built in 1925

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: 1925
  • Above Grade Finished Sq Ft: 1640
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 24 X 28
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full
  • Living Area: 2045
  • Fireplace: No
  • Below Grade Finished Sq Ft: 405
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Other Room, Recreation Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • Fencing: Partial

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Hardwood Floors

Schools

  • Junior High Dist: Grand Rapids
  • SchoolDistrictNumber: 318
  • SchoolDistrictPhone: 218-327-5704

Lot Info

  • Topography: Level
  • PropertyAttachedYN: No
  • Lot Size: 50' x 140'
  • Lot Size Sq Ft: 6969.6
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 914152025
  • Tax Annual Amount: 1081
  • TaxWithAssessments: 1206.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 16, 2022
Sold by
Gropp Timothy and Gropp Gabrielle
Bought by
Gerak Megan
Seller's Agent
Clint Corrow
GRAND PROPERTIES REAL ESTATE
Buyer's Agent
Apryl Mertes
CENTURY 21 LAND OF LAKES
List Price
$159,900
Sold Price
$175,000
Premium/Discount to List
$15,100
9.44%
Total Days on Market
4
Current Estimated Value
$187,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,652
Avg. Annual Appreciation
2.35%
Original Mortgage
$173,500
Outstanding Balance
$165,212
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$22,440

Purchase Details

Closed on
Aug 30, 2007
Sold by
Rilling Gayle
Bought by
Gropp Timothy A and Gropp Gabrielle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,750
Interest Rate
6.79%
Mortgage Type
New Conventional

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
Gerak Megan $175,000 --
Gropp Timothy A $91,751 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerak Megan $173,500
Previous Owner Gropp Timothy A $12,500
Previous Owner Gropp Timothy A $79,200
Previous Owner Gropp Timothy A $81,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $175,000 +9.4% $86 / Sq Ft
04/03/2022 04/03/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $159,900 -- $78 / 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
2023 $1,576 $151,100 $23,200 $127,900
2022 $1,206 $114,900 $22,900 $92,000
2021 $946 $98,100 $22,900 $75,200
2020 $994 $84,400 $22,900 $61,500
2019 $976 $84,400 $22,900 $61,500
2018 $748 $84,400 $22,900 $61,500
2017 $702 $0 $0 $0
2016 $672 $0 $0 $0
2015 $666 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6171231

NorthstarMLS

APN: 91-415-2025