NOT LISTED FOR SALE

511 State Ave SW Red Lake Falls, MN 56750

Estimated Value: $81,000 - $153,000

3 Beds
2 Baths
1,234 Sq Ft
$93/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $66,000 $53 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $814/month

50 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating System

About This Home

As of September 2023

Looking for a home in Red Lake Falls - take a peek at this nicely maintained 3 bedroom 1 3/4 bath home with updated vinyl laminate flooring on the main floor, kitchen cabinets updated and the stainless steel appliances are only a couple years old. Separate spacious dining room is open to the living room. Main floor laundry is a great convenience. Good sized main floor bath with large linen closet. Upstairs there are 3 bedrooms (one with no closet but space for a wardrobe). Front and back porches. Utility basement has some rock walls and some cement - seller has owned the home since 2006 and hasn't noticed any major changes with the basement. 1 car detached garage. Photos are prior to renters occupancy for privacy.

Last Agent to Sell the Property

Janice Ness

USA Realty Thief River Falls Listed on: 06/05/2023

Last Buyer's Agent

Kermit Genereux

USA Realty Thief River Falls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 1902

Lot Details

  • 9,365 Sq Ft Lot
  • Lot Dimensions are 75 x 125

Parking

  • 1 Car Garage

Interior Spaces

  • 1,234 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil

Community Details

  • No Home Owners Association
  • Rlf C&D Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 172968000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,532

Year Built

Built in 1902

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1902
  • Above Grade Finished Sq Ft: 1234
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Living Area: 1234
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Laundry, Bathroom, Bedroom 1, Bedroom 2, Bedroom 3
  • SqFtTotal: 1878.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 330
  • ParkingOpen: 2

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Oil

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Red Lake Falls
  • SchoolDistrictNumber: 630
  • SchoolDistrictPhone: 218-253-2139

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75 X 125
  • Lot Size Sq Ft: 9365.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 172968000
  • Tax Annual Amount: 1532
  • TaxWithAssessments: 1532.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Sep 15, 2023
Sold by
Wilberg Sarah and Wilberg Jared
Bought by
Hanson Zachery and Klipping Krystle
Seller's Agent
Janice Ness
USA Realty Thief River Falls
Buyer's Agent
Kermit Genereux
USA Realty Thief River Falls
List Price
$79,900
Sold Price
$66,000
Premium/Discount to List
-$13,900
-17.4%
Views
137
Current Estimated Value
$114,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,339
Avg. Annual Appreciation
32.33%
Original Mortgage
$66,000
Outstanding Balance
$64,896
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$45,616
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
Hanson Zachery $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Zachery $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $66,000 -17.4% $53 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $79,900 -- $65 / 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 $2,190 $105,400 $9,400 $96,000
2023 $1,532 $105,400 $9,400 $96,000
2022 $1,538 $87,800 $7,500 $80,300
2021 $1,528 $75,400 $7,500 $67,900
2020 $1,542 $75,400 $11,600 $63,800
2019 $1,358 $75,400 $11,600 $63,800
2018 $1,308 $72,300 $11,600 $60,700
2017 $1,384 $72,300 $0 $0
2016 $1,296 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janice Ness

    Seller's Agent in 2023

    Janice Ness

    USA Realty Thief River Falls

    (218) 686-6696

    57 Total Sales

    Janice Ness
    Section Image

  • K

    Buyer's Agent in 2023

    Kermit Genereux

    USA Realty Thief River Falls

    (218) 689-8339

    97 Total Sales

    Kermit Genereux
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6382567

NorthstarMLS

APN: 17-2968-000

Minnesota Red Lake County Red Lake Falls 56750

511 State Ave SW, Red Lake Falls, MN

This home is located at 511 State Ave SW, Red Lake Falls, MN 56750 since 05 June 2023 and is currently estimated at $114,339, approximately $92 per square foot. This property was built in 1902. 511 State Ave SW is a home located in Red Lake County with nearby schools including J.A. Hughes Elementary School, Lafayette High School, and St. Josephs School.

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