NOT LISTED FOR SALE

507 Knight Ave N Thief River Falls, MN 56701

Estimated Value: $104,000 - $144,000

2 Beds
3 Baths
1,328 Sq Ft
$94/Sq Ft Est. Value

Last Sold December 19, 2023

Last sale price $95,000 $72 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $798/month

41 Days on Market

About This Home

As of December 2023

2 bedroom home, nicely located, close to downtown. This home features some beautiful original woodwork, wide stairwell to the basement and has had numerous updates in the last few years. New furnace and Central Air in 2021, Shingles on house replaced in 2019, Updated main floor bathroom, new kitchen cabinets, some floor coverings replaced and more. This would be a great home for a do it yourselfer or for someone wanting to add some of your own personal touches as the seller removed the old tub in the full bath and didn't get a chance to replace it. The dishwasher was old and removed but was going to be replaced as well. This would also make a nice rental property if you're looking for an investment. Lots of opportunity for a home in this price range.

Last Agent to Sell the Property

Mike Cerny

Reed Realty Thief River Falls Listed on: 10/10/2023

Last Buyer's Agent

Shelly Guzek

Hometown Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,866

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140

Parking

  • 2 Car Garage

Interior Spaces

  • 1.5-Story Property
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Original Townsite/Thief River Subdivision

Listing and Financial Details

  • Assessor Parcel Number R2500306010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,866

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1128
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • FoundationDimensions: 22x27 & 14x22
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Living Area: 1328
  • Fireplace: No
  • Below Grade Finished Sq Ft: 200
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Additional Garage
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Front Porch,Patio

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 672

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Patio,Porch

Schools

  • Junior High Dist: Thief River Falls
  • SchoolDistrictNumber: 564
  • SchoolDistrictPhone: 218-681-8711

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x140
  • Lot Size Sq Ft: 6969.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: R2500306010
  • Tax Annual Amount: 1866
  • TaxWithAssessments: 1866.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Dec 19, 2023
Sold by
Hess William Daniel
Bought by
Beito Nicholas
Seller's Agent
Mike Cerny
Reed Realty Thief River Falls
Buyer's Agent
Shelly Guzek
Hometown Realty
List Price
$119,900
Sold Price
$95,000
Premium/Discount to List
-$24,900
-20.77%
Views
100
Current Estimated Value
$125,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,325
Avg. Annual Appreciation
15.86%
Original Mortgage
$76,000
Outstanding Balance
$74,992
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$48,470

Purchase Details

Closed on
Jul 28, 2022
Sold by
Hess William L and Hess Carol J
Bought by
Farmers Cooperative Grain And Seed Associatio

Purchase Details

Closed on
Mar 27, 2019
Sold by
Rustan Bradly and Rustan Bradley
Bought by
Hess William Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Beito Nicholas $95,000 None Listed On Document
Farmers Cooperative Grain And Seed Associatio $143,700 None Listed On Document
Hess William Daniel $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beito Nicholas $76,000
Previous Owner Hess William Daniel $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Sold $95,000 -9.4% $72 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/11/2023 11/11/23 Price Changed $104,900 -4.5% $79 / Sq Ft
10/27/2023 10/27/23 Price Changed $109,900 -4.4% $83 / Sq Ft
10/20/2023 10/20/23 Price Changed $114,900 -4.2% $87 / Sq Ft
10/10/2023 10/10/23 For Sale $119,900 -- $90 / 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 $1,596 $124,600 $17,500 $107,100
2023 $1,962 $124,600 $0 $0
2022 $1,454 $115,500 $0 $0
2021 $1,246 $103,700 $0 $0
2020 $1,136 $92,300 $0 $0
2019 $1,530 $88,800 $0 $0
2018 $1,530 $88,800 $0 $0
2017 $1,474 $87,400 $0 $0
2016 $1,316 $83,800 $0 $0
2014 $1,210 $71,400 $0 $0
2013 $1,270 $69,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6446059

NorthstarMLS

APN: R-25.00306010