NOT LISTED FOR SALE

502 W Thorpe Ave Ada, MN 56510

Estimated Value: $318,417

-- Bed
-- Bath
9,582 Sq Ft
$33/Sq Ft Est. Value

About This Home

This home is located at 502 W Thorpe Ave, Ada, MN 56510 and is currently estimated at $318,417, approximately $33 per square foot. 502 W Thorpe Ave is a home located in Norman County with nearby schools including Ada Elementary School and Ada-Borup Secondary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2023
Sold by
Trust Lindsey and Trust Jason
Bought by
Myers Taylor and Myers Chelsea
Current Estimated Value
$318,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$105,026
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$213,391

Purchase Details

Closed on
Feb 20, 2013
Bought by
Norman Motel Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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Quantarium

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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
Myers Taylor $290,000 --
Norman Motel Inc $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Taylor $108,000
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
2025 $5,036 $231,300 $23,500 $207,800
2024 $5,036 $231,300 $23,500 $207,800
2023 $5,484 $227,100 $19,200 $207,900
2022 $6,442 $227,100 $19,200 $207,900
2021 $6,476 $227,100 $19,200 $207,900
2020 $6,656 $227,100 $19,200 $207,900
2019 $5,540 $227,100 $19,200 $207,900
2018 $5,648 $203,700 $19,200 $184,500
2017 $6,506 $0 $0 $0
2016 $3,888 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Map

Minnesota Norman County Ada 56510

502 W Thorpe Ave, Ada, MN

Not Listed for Sale

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