NOT LISTED FOR SALE

509 3rd Ave E Ada, MN 56510

Estimated Value: $44,049 - $68,000

1 Bed
2 Baths
656 Sq Ft
$84/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $41,500 $63 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $347/month

141 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Eat-In Kitchen
  • Bonus Room
  • The kitchen features windows
  • Living Room

About This Home

As of April 2023

Investment Opportunity or great 1st home with new shingles! Very energy efficient 1 bedroom with a bonus room, spacious livingroom, nice appliances, added sump pump, shed and large back yard. Enjoy living on a quiet street close to downtown Ada!

Last Listed By

Melissa Watson

The Real Estate Company of Detroit Lakes Listed on: 11/27/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $406

Year Built

  • Built in 1930

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 50x150

Interior Spaces

  • 656 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Bonus Room
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • The kitchen features windows

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Hampsons Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 250566000

Home Details

Home Type

Single Family

Est. Annual Taxes

$406

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 656
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Sump Pump, Unfinished
  • Appliances: Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 656
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bonus Room, Bedroom 1, Bathroom, Laundry
  • SqFtTotal: 1312.00

Beds/Baths

  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • One Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block

Garage/Parking

  • Parking Features: Gravel

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Window,Main Floor Primary Bedroom,Security Lights,Washer/Dryer Hookup

Schools

  • Junior High Dist: Ada-Borup
  • SchoolDistrictNumber: 2854
  • SchoolDistrictPhone: 218-784-5312

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x150
  • Lot Size Sq Ft: 7492.32
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 250566000
  • Tax Annual Amount: 406
  • TaxWithAssessments: 554.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2022
Closed on
Apr 26, 2023
Sold by
W & E Properties Llc
Bought by
Pasewaldt Joshua
Seller's Agent
Melissa Watson
The Real Estate Company of Detroit Lakes
Buyer's Agent
Melissa Watson
The Real Estate Company of Detroit Lakes
List Price
$49,900
Sold Price
$41,500
Premium/Discount to List
-$8,400
-16.83%
Total Days on Market
141
Views
67
Current Estimated Value
$55,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,512
Avg. Annual Appreciation
17.92%

Purchase Details

Closed on
Sep 22, 2018
Sold by
Flynn Alexandria M
Bought by
W & E Properties Llc

Purchase Details

Closed on
Mar 31, 2017
Sold by
Flynn Alexandria Alexandria
Bought by
Askelson Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
4.15%

Purchase Details

Closed on
Jul 12, 2013
Bought by
Flynn Alexandria M

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pasewaldt Joshua $41,000 --
W & E Properties Llc $23,100 --
Askelson Todd $30,500 --
Flynn Alexandria M $19,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Askelson Todd $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2023 04/26/23 Sold $41,500 0.0% $63 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/06/2023 04/06/23 Price Changed $41,500 -2.4% $63 / Sq Ft
03/28/2023 03/28/23 Price Changed $42,500 -2.3% $65 / Sq Ft
03/06/2023 03/06/23 Price Changed $43,500 -2.2% $66 / Sq Ft
02/02/2023 02/02/23 Price Changed $44,500 -2.2% $68 / Sq Ft
01/20/2023 01/20/23 Price Changed $45,500 -2.2% $69 / Sq Ft
12/27/2022 12/27/22 Price Changed $46,500 -2.1% $71 / Sq Ft
12/09/2022 12/09/22 Price Changed $47,500 -4.8% $72 / Sq Ft
11/27/2022 11/27/22 For Sale $49,900 +103.7% $76 / Sq Ft
01/28/2019 01/28/19 Sold $24,500 0.0% $19 / Sq Ft
12/29/2018 12/29/18 Pending -- -- --
11/30/2018 11/30/18 For Sale $24,500 -- $19 / 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 $498 $31,300 $4,100 $27,200
2023 $514 $29,300 $4,100 $25,200
2022 $554 $27,800 $4,100 $23,700
2021 $472 $27,300 $4,100 $23,200
2020 $468 $21,600 $4,100 $17,500
2019 $274 $21,300 $3,800 $17,500
2018 $304 $14,700 $3,800 $10,900
2017 $336 $0 $0 $0
2016 $338 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6312348

NorthstarMLS

APN: 25-0566000