NOT LISTED FOR SALE

507 507 2nd St SE Bemidji, MN 56601

Estimated Value: $102,000 - $145,164

2 Beds
1 Bath
1,216 Sq Ft
$102/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $44,000 $36 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $722/month

115 Days on Market

Highlights

  • Bathroom on Main Level
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Lincoln Elementary School Rated 9+
  • Forced Air Heating System
  • Storage Shed

About This Home

As of November 2014

Comfortable 2 bedroom, 1 bath home near the Sanford Center. Very nice starter home or rental opportunity.

Last Agent to Sell the Property

Team Aylesworth

Real Living First Realty Listed on: 06/17/2014

Last Buyer's Agent

The Snider Team (Sue 556-7497)

RE/MAX Bemidji

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x140

Parking

  • Gravel Driveway

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Block Basement Construction

Outdoor Features

  • Storage Shed

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R80.03497.00

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities Exterior: Driveway - Gravel
  • Estimated Number of Acres: 0.24
  • Assessment Balance: 4897.55
  • Assessments: Yes
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Electric
  • Parcel Number: R80.03497.00
  • Range: 33.00
  • Section: 15.00
  • Stories: 1 Story
  • Taxes With Assessments: 1182
  • Twp Number: 146.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 816
  • Below Grade Finished Sq Ft: 400
  • Total Fin Square Footage: 1216
  • Total Square Footage: 816

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Storage Shed

Utilities

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

Schools

  • School District: Bemidji #31

Lot Info

  • Estimated Lot Dimensions: 75x140

Building Info

  • Year Built: 1958

Tax Info

  • Year: 2014
  • Tax Value: 1182

MLS Schools

  • School District: Bemidji #31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2023
Sold by
Idso Strait and Idso Kalli
Bought by
Rough Cut Llc
Current Estimated Value
$124,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,900
Outstanding Balance
$116,926
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$7,615

Purchase Details

Closed on
Feb 14, 2022
Sold by
Lorentz Joshua and Lorentz Amber
Bought by
Idso Strait

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2020
Sold by
Lorentz Susan G and Lorentz David B
Bought by
Lorentz Joshua M and Lorentz Amber A

Purchase Details

Listed on
Jun 17, 2014
Closed on
Nov 14, 2014
Sold by
C Donat Llc
Bought by
Lorentz Joshua M and Lorentz Amber A
Seller's Agent
Team Aylesworth
Real Living First Realty
Buyer's Agent
The Snider Team (Sue 556-7497)
RE/MAX Bemidji
List Price
$52,000
Sold Price
$44,000
Premium/Discount to List
-$8,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%
Original Mortgage
$35,200
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2012
Closed on
Aug 23, 2012
Sold by
Deems Donald A and Deems Darlene R
Bought by
C Donat Llc
Seller's Agent
Wendy Giles
RE/MAX Bemidji
Buyer's Agent
Doug & Melissa Hoover
RE/MAX Bemidji
List Price
$55,000
Sold Price
$41,000
Premium/Discount to List
-$14,000
-25.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Source: Public Records

Range of Values:

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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
Rough Cut Llc $119,900 --
Idso Strait $83,500 --
Lorentz Joshua M -- None Available
Lorentz Joshua M $44,000 None Available
C Donat Llc $41,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rough Cut Llc $118,900
Previous Owner Idso Strait $82,500
Previous Owner Lorentz Joshua M $35,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2014 11/14/14 Sold $44,000 -15.4% $36 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $52,000 +26.8% $43 / Sq Ft
08/28/2012 08/28/12 Sold $41,000 -25.5% $50 / Sq Ft View Prior Sale
08/02/2012 08/02/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $55,000 -- $67 / 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 $810 $80,300 $8,300 $72,000
2023 $1,200 $80,300 $8,300 $72,000
2022 $1,318 $71,000 $8,300 $62,700
2021 $1,436 $55,700 $6,400 $49,300
2019 $1,324 $55,700 $6,400 $49,300
2018 $1,296 $48,400 $5,500 $42,900
2016 $1,240 $44,500 $5,500 $39,000
2015 $1,208 $43,000 $0 $0
2014 $1,182 $43,000 $0 $0
2011 $732 $43,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4694069

REALTOR® Association of Southern Minnesota

APN: 80.03497.00