NOT LISTED FOR SALE

508 E Thorpe Ave Ada, MN 56510

Estimated Value: $132,000 - $237,000

18 Beds
18 Baths
9,582 Sq Ft
$18/Sq Ft Est. Value

Last Sold October 25, 2021

Current estimated payment $990/month

284 Days on Market

About This Home

As of October 2021

Opportunity is knocking. Here is your chance to own a small town Motel and Laundromat business. There is a total of 16 rooms not including the living quaters with full kitchen and fireplace that you can live in yourself or rent out for meetings/special events etc... There is even camper hookups for those just passing through. Most of the rooms have had some updating done. Overall Turnkey

Last Agent to Sell the Property

Amy Pauling-Normandin

Dakota Plains Realty License #0870 Listed on: 12/15/2020

Last Buyer's Agent

NON-MLS

GF Area Association of REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,656

Year Built

  • Built in 1962

Lot Details

  • 0.96

Interior Spaces

  • 9,582 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 18 Bathrooms

Additional Features

  • 0.96 Acre Lot
  • Dual Heating Fuel

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,656

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Lot Size: IRREGULAR
  • Property Sub Type: Multi Family
  • Prop. Type: MultiFamily
  • Year Built: 1962
  • Expenses Tax And Specials Exp: 6656
  • Income Scheduled Rent: 0
  • Lot Size Acres: 0.96
  • Above Grade Finished Sq Ft: 9582.0
  • Architectural Style: 1 Story
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 18

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage Type: None

Utilities

  • Heating: Dual
  • Heating Yn: Yes

Lot Info

  • Zoning: A-1 Limited Development
  • Lot Size Sq Ft: 42000.0
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 6656.0

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

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Off Market -- -- --
10/25/2021 10/25/21 Sold -- -- --
09/25/2021 09/25/21 Pending -- -- --
12/15/2020 12/15/20 For Sale -- -- --
Source: Grand Forks Area Association of REALTORS®

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
2025 $1,152 $115,300 $6,200 $109,100
2024 $1,152 $116,500 $6,200 $110,300
2023 $1,046 $105,100 $6,200 $98,900
2022 $1,068 $93,300 $6,200 $87,100
2021 $1,076 $88,000 $6,200 $81,800
2020 $962 $88,000 $6,200 $81,800
2019 $890 $80,000 $5,600 $74,400
2018 $778 $79,700 $5,600 $74,100
2017 $722 $0 $0 $0
2016 $730 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Buyer's Agent in 2021

    NON-MLS

    GF Area Association of REALTORS

See All Agents

Map

Source: Grand Forks Area Association of REALTORS®

MLS Number: 20-2191

Grand Forks Area Association of REALTORS®

APN: 25-0447000

Minnesota Norman County Ada 56510

508 E Thorpe Ave, Ada, MN

This home is located at 508 E Thorpe Ave, Ada, MN 56510 since 15 December 2020 and is currently estimated at $169,288, approximately $17 per square foot. This property was built in 1962. 508 E Thorpe Ave is a home located in Norman County with nearby schools including Ada Elementary School and Ada-Borup Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Grand Forks Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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