NOT LISTED FOR SALE

502 NW 7th Ave Grand Rapids, MN 55744

Estimated Value: $127,000 - $140,693

2 Beds
-- Bath
968 Sq Ft
$136/Sq Ft Est. Value

About This Home

This home is located at 502 NW 7th Ave, Grand Rapids, MN 55744 and is currently estimated at $131,423, approximately $135 per square foot. 502 NW 7th Ave is a home located in Itasca County with nearby schools including Forest Lake Elementary School, Robert J. Elkington Middle School, and Grand Rapids Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2025
Sold by
Swann Joseph John
Bought by
Smith Aaron and Hansen Lauren
Current Estimated Value
$131,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,585
Outstanding Balance
$126,371
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$5,052

Purchase Details

Closed on
Oct 24, 2017
Sold by
Hunter William K and Hunter Susan L
Bought by
Swann Richard Alan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Buyer Sale Price Title Company
Smith Aaron $130,500 First American Title
Swann Richard Alan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Aaron $126,585
Source: Public Records

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 $1,702 $111,600 $23,000 $88,600
2023 $1,702 $111,600 $23,000 $88,600
2022 $1,314 $62,100 $22,800 $39,300
2021 $1,314 $44,200 $21,800 $22,400
2020 $1,340 $44,200 $21,800 $22,400
2019 $1,316 $44,200 $21,800 $22,400
2018 $1,266 $44,200 $21,800 $22,400
2017 $1,808 $0 $0 $0
2016 $1,802 $0 $0 $0
2015 $1,806 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Map

Minnesota Itasca County Grand Rapids 55744

502 NW 7th Ave, Grand Rapids, MN

This home is located at 502 NW 7th Ave, Grand Rapids, MN 55744 and is currently estimated at $131,423, approximately $135 per square foot. 502 NW 7th Ave is a home located in Itasca County with nearby schools including Forest Lake Elementary School, Robert J. Elkington Middle School, and Grand Rapids Senior High School.

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