Seller's Agent in 2025
Debra Bounds
CENTURY 21 LAND OF LAKES
(218) 556-3561
40 in this area
134 Total Sales
502 NW 7th Ave Grand Rapids, MN 55744
2
Beds
1.5
Baths
968
Sq Ft
3,485
Sq Ft Lot
Highlights
- City View
- The kitchen features windows
- Entrance Foyer
- No HOA
- No Interior Steps
- 1-Story Property
About This Home
As of July 2025Looking for something cozy and convenient? This sweet 2-bedroom, 1-bath ranch-style home is right in the heart of Grand Rapids, MN. You'll love the open layout and the walk-through bathroom that makes for ease of access from both bedrooms and the main living space. There's a spacious entry area perfect for stashing your outdoor gear, plus closets in both the front and back—and even a main-level laundry closet for extra convenience. The home gets great natural light, and the main bedroom includes a walk-in closet. The full basement gives you plenty of space for storage. Recent updates include a new water heater, an upgraded electrical panel, and siding and windows that are just 2 years old. You’re close to everything—shops, restaurants, healthcare, and more. It’s simple, practical living with room to make it your own!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,702
Year Built
- Built in 1925
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 25x136
Home Design
- Metal Roof
- Vinyl Siding
Interior Spaces
- 968 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Combination Dining and Living Room
- City Views
- The kitchen features windows
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Basement Storage
Accessible Home Design
- No Interior Steps
Utilities
- No Cooling
- Forced Air Heating System
- 100 Amp Service
Community Details
- No Home Owners Association
- Grand Rapids Second Div Subdivision
Listing and Financial Details
- Assessor Parcel Number 914201330
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2025
Closed on
Jul 14, 2025
Sold by
Swann Joseph John
Bought by
Smith Aaron and Hansen Lauren
Seller's Agent
Debra Bounds
CENTURY 21 LAND OF LAKES
Buyer's Agent
Mary Roy
MN DIRECT PROPERTIES
List Price
$139,900
Sold Price
$130,500
Premium/Discount to List
-$9,400
-6.72%
Views
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,922
Avg. Annual Appreciation
3.46%
Original Mortgage
$126,585
Outstanding Balance
$126,371
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$6,051
Purchase Details
Closed on
Oct 24, 2017
Sold by
Hunter William K and Hunter Susan L
Bought by
Swann Richard Alan
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $130,500 | First American Title | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $126,585 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | Sold | $130,500 | -4.0% | $135 / Sq Ft |
| 05/30/2025 05/30/25 | Price Changed | $136,000 | -2.8% | $140 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $139,900 | -- | $145 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Debra Bounds
-
Mary Roy
Buyer's Agent in 2025
Mary Roy
MN DIRECT PROPERTIES
(218) 259-9088
57 in this area
174 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6717599
APN: 91-420-1330
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