S
Seller's Agent in 2025
Susan Ostlund
Cedar Point Realty
(612) 655-7200
19 Total Sales
514 Michigan Ave Walker, MN 56484
2
Beds
2
Baths
1,730
Sq Ft
5,590
Sq Ft Lot
Highlights
- No HOA
- The kitchen features windows
- Forced Air Heating System
About This Home
As of November 2025Recently renovated, this charming two-unit rental property is adorable and full of potential!
Property Highlights: Two separate units-
Main floor: 1 bed / 1 bath + office. Upper unit: 1 bed / 1 bath. Located just one block off Walker’s main street, within walking distance of the post office, grocery store, shops, dining, and a multitude of other amenities in our small but active community. Current use: rented via VRBO, offering flexibility for nightly rentals or traditional leases. Parking advantage: 10 extra spaces leased to neighboring businesses for additional income.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,069
Year Built
- Built in 1960
Lot Details
- 5,590 Sq Ft Lot
- Lot Dimensions are 43x130
Home Design
- Property Attached
- Shake Siding
Interior Spaces
- 1,730 Sq Ft Home
- 2-Story Property
Kitchen
- Cooktop
- Freezer
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Basement Storage
Parking
- Paved Parking
- Parking Lot
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Vented Exhaust Fan
- 200+ Amp Service
- Propane
Community Details
- No Home Owners Association
- Original Subdivision
Listing and Financial Details
- Assessor Parcel Number 963372271
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2025
Closed on
Nov 4, 2025
Sold by
Teer Kelby Mark and Teer Janae
Bought by
Macgregor Shawn
Seller's Agent
Susan Ostlund
Cedar Point Realty
Buyer's Agent
Michele Petersen
Coldwell Banker Realty
List Price
$239,900
Sold Price
$239,900
Views
72
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.99%
Purchase Details
Closed on
Jul 28, 2021
Sold by
Susan Fladeboe Prop Llc
Bought by
Teer Kelby M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,550
Outstanding Balance
$81,076
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$158,005
Purchase Details
Closed on
Mar 31, 2017
Sold by
Holly Terrence J and Holly Claudette A
Bought by
Susan Fladeboe Properties Llc
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
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Contract Of Sale | $239,900 | -- | |
| Warranty Deed | $119,400 | Misc Company | |
| Warranty Deed | $332,000 | Leer Title Services | |
| Deed | $119,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $89,550 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $119,400 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/04/2025 11/04/25 | Sold | $239,900 | 0.0% | $139 / Sq Ft |
| 08/19/2025 08/19/25 | Pending | -- | -- | -- |
| 08/09/2025 08/09/25 | For Sale | $239,900 | -- | $139 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $1,578 | $105,300 | $6,500 | $98,800 |
| 2023 | $1,578 | $94,300 | $6,500 | $87,800 |
| 2022 | $1,300 | $94,300 | $6,500 | $87,800 |
| 2021 | $1,830 | $68,800 | $4,700 | $64,100 |
| 2020 | $1,922 | $83,100 | $18,300 | $64,800 |
| 2019 | $1,920 | $83,100 | $18,300 | $64,800 |
| 2018 | $1,968 | $83,100 | $18,300 | $64,800 |
| 2017 | $2,344 | $77,300 | $15,000 | $62,300 |
| 2016 | $1,862 | $0 | $0 | $0 |
| 2015 | $1,862 | $77,300 | $15,000 | $62,300 |
| 2014 | $1,864 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Ostlund
-
Michele Petersen
M
Buyer's Agent in 2025
Michele Petersen
Coldwell Banker Realty
(218) 395-9239
9 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6768262
APN: 96-337-2271
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