NOT LISTED FOR SALE

505 Arnold Ave S Thief River Falls, MN 56701

Estimated Value: $138,000 - $175,000

3 Beds
1.5 Baths
2,256 Sq Ft
$69/Sq Ft Est. Value

Last Sold November 03, 2022

Last sale price $126,500 $56 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $991/month

150 Days on Market

Highlights

  • Wood Burning Stove
  • No HOA
  • Laundry Room
  • Radiant Floor
  • Living Room
  • 4-minute walk to L.B. Hartz Park

About This Home

As of November 2022

HUGE PRICE REDUCTION....Home built in 1945 with an addition in 1999 according to public records. You will like the open airy living space and the beautiful bow window giving lots of natural light to the living room. Galley style kitchen with a good amount of counter space. Main floor separate laundry room with a storage closet. Full bath includes a jet tub. 1 main level bedroom. Up a few steps to the new addition you will find 2 additional bedrooms. There is a family room in the basement level of the addition plus a half bath (needs updating) in the original portion. Crawl space under the kitchen addition. Large back deck and nice sized front deck. If you are looking for an extra spacious garage - this is a must see....garage is 26 X 38 with 2 overhead doors, a very nice work area. Garage is insulated and heated with both gas and wood. Additional storage closet. Extra yard shed. House is vinyl sided and the garage is fiber board. Call an agent today and take a look.

Last Agent to Sell the Property

Janice Ness

USA Realty Thief River Falls Listed on: 05/09/2022

Last Buyer's Agent

Kermit Genereux

USA Realty Thief River Falls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 1945

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 140

Parking

  • 2 Car Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Stove
  • Family Room
  • Living Room
  • Dining Room
  • Radiant Floor
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2500510650

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,938

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1945
  • Above Grade Finished Sq Ft: 1200
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Living Area: 2256
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1056
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Laundry
  • SqFtTotal: 2256.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Detached, Gravel, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

  • Heating: Forced Air, Radiant Floor, Wood Stove
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric,Natural Gas,Wood

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Thief River Falls
  • SchoolDistrictPhone: 218-681-8711

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50 X 140
  • Lot Size Sq Ft: 6969.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2500510650
  • Tax Annual Amount: 1938
  • TaxWithAssessments: 1938.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Oct 26, 2022
Sold by
Miller Daniel
Bought by
Guillemette Jacob S
Seller's Agent
Janice Ness
USA Realty Thief River Falls
Buyer's Agent
Kermit Genereux
USA Realty Thief River Falls
List Price
$148,500
Sold Price
$126,500
Premium/Discount to List
-$22,000
-14.81%
Current Estimated Value
$155,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,217
Avg. Annual Appreciation
7.20%
Original Mortgage
$121,125
Outstanding Balance
$117,194
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$38,523

Purchase Details

Closed on
Jan 2, 2008
Sold by
Borsheim Mark T and Borsheim Sherry A
Bought by
Stenzel Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,530
Interest Rate
6.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Guillemette Jacob S $127,500 --
Stenzel Lisa M $79,900 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guillemette Jacob S $121,125
Previous Owner Stenzel Lisa M $81,530
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2022 11/03/22 Sold $126,500 -14.8% $56 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $148,500 -- $66 / 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
2024 $2,084 $151,900 $17,500 $134,400
2023 $2,018 $151,900 $0 $0
2022 $1,938 $147,500 $0 $0
2021 $1,796 $127,800 $0 $0
2020 $1,668 $119,600 $0 $0
2019 $1,592 $116,100 $0 $0
2018 $1,554 $116,100 $0 $0
2017 $1,494 $114,700 $0 $0
2016 $1,406 $109,900 $0 $0
2014 $1,232 $94,100 $0 $0
2013 $1,286 $91,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6192614

NorthstarMLS

APN: R-25.00510650