Estimated Value: $310,000 - $318,138
4
Beds
2
Baths
1,088
Sq Ft
$289/Sq Ft
Est. Value
About This Home
This home is located at 505 505 7th-Avenue-sw, Rice, MN 56367 and is currently estimated at $314,035, approximately $288 per square foot. 505 505 7th-Avenue-sw is a home located in Benton County with nearby schools including Rice Elementary School, Sauk Rapids-Rice Middle School, and Sauk Rapids-Rice Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 15, 2020
Sold by
Ducruet Diego A and Nuno Maria S
Bought by
Slimmer Steven and Slimmer Karen
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,181
Outstanding Balance
$175,441
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$138,594
Purchase Details
Closed on
Apr 28, 2006
Sold by
Tresco Construction Inc
Bought by
Houchin Chad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,520
Interest Rate
7.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Slimmer Steven | $199,800 | Results Title | |
| Houchin Chad | $201,900 | -- | |
| Houchin Chad | $201,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Slimmer Steven | $196,181 | |
| Previous Owner | Houchin Chad | $161,520 | |
| Previous Owner | Houchin Chad | $40,380 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2025 | $3,044 | $293,600 | $27,000 | $266,600 |
| 2024 | $2,828 | $281,800 | $27,000 | $254,800 |
| 2023 | $2,746 | $268,200 | $27,000 | $241,200 |
| 2022 | $2,584 | $242,200 | $27,000 | $215,200 |
| 2021 | $2,422 | $208,600 | $25,000 | $183,600 |
| 2018 | $1,964 | $145,600 | $19,969 | $125,631 |
| 2017 | $1,964 | $133,200 | $19,588 | $113,612 |
| 2016 | $1,884 | $151,300 | $23,000 | $128,300 |
| 2015 | $1,790 | $109,100 | $14,622 | $94,478 |
| 2014 | -- | $103,000 | $14,406 | $88,594 |
| 2013 | -- | $104,500 | $14,469 | $90,031 |
Source: Public Records
Map
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