NOT LISTED FOR SALE

506 3rd Ave S Kinney, MN 55758

Estimated Value: $35,000 - $146,000

3 Beds
1 Bath
1,296 Sq Ft
$71/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $27,000 $21 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $521/month

24 Days on Market

Highlights

  • 6 Car Garage
  • Forced Air Heating System
  • Dining Room
  • Living Room

About This Home

As of October 2016

Large Older Home on Just Over 1 Acre on the Edge of Kinney. Features 24x30 Garage Plus 30x48 Pole Building. House Needs TLC But Property and outbuildings Easily Support Value.

Last Agent to Sell the Property

Tim Renskers

Village Realty Listed on: 08/16/2016

Last Buyer's Agent

Tim Renskers

Village Realty Listed on: 08/16/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 225x265

Parking

  • 6 Car Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1,296 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Stone Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Not Available
  • Not Connected to Sewer

Listing and Financial Details

  • Assessor Parcel Number 150-25-650/620/520/480

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

1.3 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 169 to Cty Rd 25 North to 3rd St on Right
  • L O1 Office Phone1 Number: 218-263-8877
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1296
  • Garage Type: Attached, Detached
  • Heat: Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1915
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Rock
  • Basement Style: Partial
  • Bathroom 1 Level: Upper
  • Fireplace: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1296
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Aluminum

Garage/Parking

  • Garage Capacity: 6

Utilities

  • Power Company: Other
  • Sewer: None
  • Water: None

Schools

  • Junior High Dist: Mt. Iron-Buhl #712

Lot Info

  • Estimated Lot Dimensions: 225x265
  • Estimated Number of Acres: 1.3
  • Cultivated Acreage: LSAR
  • Parcel Number: 150-25-650/620/520/480

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1952

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2016
Closed on
Oct 7, 2016
Sold by
Bougalis Joanne J and Bougalis Nickolas
Bought by
Ladwig Robert and Ladwig Chad
Seller's Agent
Tim Renskers
Village Realty
Buyer's Agent
Tim Renskers
Village Realty
List Price
$27,000
Sold Price
$27,000
Current Estimated Value
$92,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,191
Avg. Annual Appreciation
14.00%
Original Mortgage
$23,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 17, 2014
Sold by
American Bank Of The North
Bought by
Bougalis Joanne J

Purchase Details

Closed on
Feb 19, 2014
Sold by
Peterson Kevin J
Bought by
American Bank Of The North

Purchase Details

Closed on
Oct 12, 2007
Sold by
Peterson Kevin J and Stillwell Michele M
Bought by
Peterson Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,920
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2004
Sold by
Petrich Gregory R and Petrich Joanie M
Bought by
Peterson Kevin J and Peterson Michele M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ladwig Robert $27,000 All American Title Companyy
Bougalis Joanne J $27,500 None Available
American Bank Of The North $53,414 None Available
Peterson Kevin J -- None Available
Peterson Kevin J $60,000 Arrowhead Abstract & Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ladwig Robert $23,000
Previous Owner Peterson Kevin J $53,920
Previous Owner Peterson Kevin J $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2016 10/07/16 Sold $27,000 0.0% $21 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $27,000 -- $21 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $570 $16,600 $1,700 $14,900
2023 $570 $15,600 $1,600 $14,000
2022 $436 $12,900 $1,300 $11,600
2021 $414 $10,800 $1,100 $9,700
2020 $594 $10,800 $1,100 $9,700
2019 $506 $14,800 $3,400 $11,400
2018 $90 $14,800 $3,400 $11,400
2017 $140 $14,800 $3,400 $11,400
2016 $1,336 $14,800 $3,400 $11,400
2015 $367 $17,700 $2,100 $15,600
2014 $367 $17,700 $2,100 $15,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6024763

APN: 150002500650

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