NOT LISTED FOR SALE

510 SE 11th Ave Grand Rapids, MN 55744

Estimated Value: $146,000 - $187,000

5 Beds
2 Baths
1,872 Sq Ft
$92/Sq Ft Est. Value

Last Sold June 20, 2012

Last sale price $68,000 $36 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,112/month

72 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • 4-minute walk to Oakland Park

About This Home

As of June 2012

Functional duplex with positive cash flow. Up/down building with large entry and deck off upper unit.

Last Agent to Sell the Property

TODD STONE

MN DIRECT PROPERTIES Listed on: 02/21/2012

Co-Listed By

MARY ROY

MN DIRECT PROPERTIES

Last Buyer's Agent

Wendy Uzelac

RE/MAX THOUSAND LAKES

RE/MAX THOUSAND LAKES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,404

Year Built

  • Built in 1950

Lot Details

  • 10,019

Home Design

  • Duplex
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property

Location

  • Lower Level
  • Upper Level

Additional Features

  • Deck
  • Lot Dimensions are 75 x 125
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 91-650-1250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,404

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Parcel Number: 91-650-1250
  • Range: 25
  • Section: 22
  • Stories: 2 Story
  • Twp Number: 55
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Fin Square Footage: 1872

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Aluminum
  • Exterior Amenities: Deck

Utilities

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

Schools

  • School District: Grand Rapids #318

Lot Info

  • Estimated Lot Dimensions: 75 x 125

Building Info

  • Year Built: 1950

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2011
  • Tax Value: 1404

MLS Schools

  • School District: Grand Rapids #318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2012
Closed on
Jun 20, 2012
Sold by
Niemala Renee
Bought by
Pattys Properties Llc
Seller's Agent
TODD STONE
MN DIRECT PROPERTIES
Buyer's Agent
Wendy Uzelac
RE/MAX THOUSAND LAKES
List Price
$89,900
Sold Price
$68,000
Premium/Discount to List
-$21,900
-24.36%
Current Estimated Value
$172,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,239
Avg. Annual Appreciation
6.24%
Original Mortgage
$78,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2005
Sold by
Karkela Mona Jean
Bought by
Karkela David John
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
Pattys Properties Llc $68,000 None Available
Karkela David John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pattys Properties Llc $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2012 06/20/12 Sold $68,000 -24.4% $36 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $89,900 -- $48 / 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 $2,388 $158,900 $24,800 $134,100
2023 $2,388 $158,900 $24,800 $134,100
2022 $2,058 $133,300 $23,800 $109,500
2021 $1,790 $111,700 $23,800 $87,900
2020 $1,862 $96,400 $23,800 $72,600
2019 $1,822 $96,400 $23,800 $72,600
2018 $1,512 $96,400 $23,800 $72,600
2017 $1,492 $0 $0 $0
2016 $1,432 $0 $0 $0
2015 $1,410 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3593831

REALTOR® Association of Southern Minnesota

APN: 91-650-1250