NOT LISTED FOR SALE

508 5th Ave NE Perham, MN 56573

Estimated Value: $235,511 - $309,000

2 Beds
1 Bath
1,098 Sq Ft
$252/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $225,000 $205 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,603/month

3 Days on Market

Highlights

  • Deck
  • The kitchen features windows
  • Living Room
  • No HOA
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of August 2023

Simple and charming. This quaint two-bedroom home situated in a quiet neighborhood is perfect for the simple life. At just under 1100 finished sq feet there isn't a ton to maintain. There is a full unfinished basement to add additional living space or value if needed. A fun find is that there is piping throughout the basement and garage for in-floor heat. Current owners never connected to a boiler to put it into use. Natural gas, city water, and city sewer takes out some of the worry of home ownership as well. This one-owner home is now looking for a new owner to love it just as much as the last. Large backyard that butts itself up nicely to a public park for all to enjoy. What a fun and affordable opportunity with everything you need on one floor.

Last Agent to Sell the Property

Jason Witzke

Jack Chivers Realty Listed on: 08/03/2023

Last Buyer's Agent

Jason Witzke

Jack Chivers Realty Listed on: 08/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,766

Year Built

  • Built in 1993

Lot Details

  • 0.36 Acre Lot
  • Few Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,098 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Basement
  • Block Basement Construction

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • East Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 77000991074000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,766

Year Built

Built in 1993

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1993
  • Above Grade Finished Sq Ft: 1098
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Range, Refrigerator
  • Living Area: 1098
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Laundry, Bedroom 1, Bedroom 2, Bathroom

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage
  • Carport Spaces: 2

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Ottertail Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Window,Porch,Washer/Dryer Hookup

Schools

  • Junior High Dist: Perham-Dent
  • SchoolDistrictPhone: 218-346-4501

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 93.25 * 160
  • Lot Size Sq Ft: 15855.84
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 77000991074000
  • Tax Annual Amount: 1766
  • TaxWithAssessments: 1846.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Aug 31, 2023
Sold by
Hoehne Gilbert and Hoehne Mitsuko
Bought by
Stohs Heather
Seller's Agent
Jason Witzke
Jack Chivers Realty
Buyer's Agent
Jason Witzke
Jack Chivers Realty
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Views
9
Current Estimated Value
$276,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,878
Avg. Annual Appreciation
8.99%
Original Mortgage
$75,000
Outstanding Balance
$73,355
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$203,523
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stohs Heather $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stohs Heather $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $225,000 -10.0% $205 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $249,900 -- $228 / Sq Ft
Source: NorthstarMLS

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
2025 $1,964 $208,000 $17,400 $190,600
2024 $1,880 $212,200 $17,400 $194,800
2023 $1,846 $180,100 $15,900 $164,200
2022 $1,584 $184,600 $0 $0
2021 $1,726 $180,100 $15,900 $164,200
2020 $1,682 $153,800 $15,900 $137,900
2019 $1,596 $143,500 $15,900 $127,600
2018 $1,414 $143,500 $15,900 $127,600
2017 $1,416 $127,700 $15,900 $111,800
2016 $1,380 $120,600 $15,900 $104,700
2015 $1,206 $0 $0 $0
2014 -- $112,900 $15,900 $97,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6412200

NorthstarMLS

APN: 77000991074000