NOT LISTED FOR SALE

507 2nd St W Park Rapids, MN 56470

Estimated Value: $155,000 - $228,000

2 Beds
1.5 Baths
976 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 13, 2014

Last sale price $108,000 $111 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,170/month

74 Days on Market

Highlights

  • Workshop
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage
  • 1-Story Property
  • Water Softener is Owned

About This Home

As of August 2014

Excellent location-walking distance to shopping, movies, groceries. 2+ bed, 1 bath, full unfinished LL with 1/2 bath. Att single garage, detached garage w/ insulated shop. New upgrades in 2013-14 - siding, soffit, fascia, windows, C/A, gutters, insul.

Last Agent to Sell the Property

Patricia Selbitschka

Wolff & Simon Real Estate Listed on: 05/12/2014

Last Buyer's Agent

Candace Gulsvig

Affinity Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $248

Year Built

  • Built in 1951

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 976 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 325501000

Home Details

Home Type

Single Family

Est. Annual Taxes

$248

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.24
  • Assessment Balance: 148
  • Construction: Previously Owned
  • Foundation Size: 976
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 325501000
  • Projected Closed Date: 08/13/2014
  • Stories: 1 Story
  • Taxes With Assessments: 396
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 23.4x14, On Level: Main
  • Room 4: Kitchen, 8.10x16.8, On Level: Main
  • Room 5: Bedroom, 11.5x11.6, On Level: Main
  • Room 6: Bedroom, 11.5x11.6, On Level: Main
  • Room 7: 7.7x16.6, On Level: Lower
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 976
  • Total Fin Square Footage: 976

Exterior Features

  • Frontage Road: City
  • Exterior: Vinyl
  • Out Buildings: Workshop
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Park Rapids #309

Lot Info

  • Estimated Lot Dimensions: 50x150
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1951

Tax Info

  • Year: 2014
  • Tax Value: 248

MLS Schools

  • School District: Park Rapids #309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
Burkman Patsy J
Bought by
Christensen Brandi A and Burdick Mitchell J
Current Estimated Value
$188,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Outstanding Balance
$173,633
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
-$7,873

Purchase Details

Listed on
May 12, 2014
Closed on
Aug 13, 2014
Sold by
Witt Vicki Vicki
Bought by
Burkman Stanley Stanley
Seller's Agent
Patricia Selbitschka
Wolff & Simon Real Estate
Buyer's Agent
Candace Gulsvig
Affinity Real Estate Inc.
List Price
$115,500
Sold Price
$108,000
Premium/Discount to List
-$7,500
-6.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$108,000
Interest Rate
4.14%

Purchase Details

Listed on
May 1, 2013
Closed on
Jun 12, 2013
Sold by
Schaffhauser Phyllis E and Lensegrav Arthur C
Bought by
Witt Vicki
Seller's Agent
RASM STAFF
Coldwell Banker Burnet
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$69,900
Sold Price
$64,900
Premium/Discount to List
-$5,000
-7.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.54%
Source: Public Records

Range of Values:

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Average Value
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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
Christensen Brandi A $180,000 Leer Title
Burkman Stanley Stanley $108,000 --
Witt Vicki -- Leer Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christensen Brandi A $174,600
Previous Owner Burkman Stanley Stanley $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2014 08/13/14 Sold $108,000 -6.5% $111 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $115,500 +78.0% $118 / Sq Ft
06/12/2013 06/12/13 Sold $64,900 -7.2% $66 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $69,900 -- $72 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,082 $181,300 $16,300 $165,000
2023 $210 $153,100 $14,800 $138,300
2022 $158 $149,800 $14,800 $135,000
2021 $153 $114,300 $15,000 $99,300
2020 $149 $96,900 $16,600 $80,300
2019 $157 $87,300 $16,600 $70,700
2018 $152 $0 $0 $0
2016 $148 $0 $0 $0
2015 -- $0 $0 $0
2014 $248 $35,400 $10,920 $24,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4618178

REALTOR® Association of Southern Minnesota

APN: 32.55.01000