$69,000
SOLD MAY 9, 2012

516 3rd St SW Wadena, MN 56482

3 Beds
2 Baths
1,440 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$48 Per Sq Ft

30% Below List Price

479 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Forced Air Heating System

About This Home

As of November 2023

Lender approved short sale. HUGE PRICE REDUCTION! Owner must move. Close to schools, neat 3 bedroom, 2 bath home with many updates. New main floor full bath and back entry, hard wood floors, formal dining room, & new, over-sized garage.

Last Agent to Sell the Property

Curt Folkestad

Gores Company Listed on: 10/05/2010

Last Buyer's Agent

Curt Folkestad

Gores Company Listed on: 10/05/2010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,362

Year Built

  • 1926

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Stucco Exterior

Interior Spaces

  • 1,440 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 22-310-1500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,362

Year Built

1926

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Estimated Number of Acres: 0.16
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Electric
  • Parcel Number: 22-310-1500
  • Potential Short Sale: Yes
  • Projected Closed Date: 03/15/2012
  • Range: 35.00
  • Remodeled Addition: Yes
  • Section: 7.00
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 566
  • Twp Number: 134.00
  • Percentage Of Ownership: 100
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Bedroom, 8'9x12'2, On Level: Main
  • Room 2: Bedroom, 10'6x15, On Level: Upper
  • Room 3: Bedroom, 11'5x12'10, On Level: Upper
  • Room 5: Dining Room, 10'7x11'4, On Level: Main
  • Room 12: Living Room, 15'7x16'8, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1440
  • Total Square Footage: 1440

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Stucco

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Wadena-Deer Creek #2155

Lot Info

  • Estimated Lot Dimensions: 50x140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Nov 17, 2023
Sold by
Mann Benjamin and Mann Amanda
Bought by
Booen Ryan and Engelke Nicole
Seller's Agent
Daniel Lepper
Hinkle Realty
Buyer's Agent
Kristopher Mumm
Weichert REALTORS Tower Properties
List Price
$120,000
Sold Price
$113,000
Premium/Discount to List
-$7,000
-5.83%
Views
38
Current Estimated Value
$145,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,105
Avg. Annual Appreciation
14.47%
Original Mortgage
$101,629
Outstanding Balance
$99,939
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$45,166

Purchase Details

Listed on
Oct 5, 2010
Closed on
Apr 26, 2012
Sold by
Hagen Kyle J and Hagen Treci H
Bought by
Mann Benjamin A and Mann Amanda J
Seller's Agent
Curt Folkestad
Gores Company
Buyer's Agent
Curt Folkestad
Gores Company
List Price
$97,900
Sold Price
$69,000
Premium/Discount to List
-$28,900
-29.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$70,408
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2007
Sold by
Peterson Robert K and Peterson Margaret B
Bought by
Hagen Kyle J and Hagen Traci H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
6.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $113,000 --
Warranty Deed $69,000 None Available
Warranty Deed $89,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $101,629 New Conventional
Previous Owner $70,408 New Conventional
Previous Owner $89,900 New Conventional
Previous Owner $17,600 Unknown
Previous Owner $70,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $113,000 -5.8% $64 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $120,000 +73.9% $68 / Sq Ft
05/09/2012 05/09/12 Sold $69,000 -29.5% $48 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
10/05/2010 10/05/10 For Sale $97,900 -- $68 / 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
2025 $1,362 $143,600 $10,500 $133,100
2024 $1,362 $137,700 $10,500 $127,200
2023 $1,198 $132,500 $5,300 $127,200
2022 $874 $106,100 $5,300 $100,800
2021 $920 $73,900 $5,300 $68,600
2020 $852 $76,800 $5,300 $71,500
2019 $804 $71,800 $5,300 $66,500
2018 $804 $65,000 $5,300 $59,700
2017 $73 $61,000 $5,300 $55,700
2016 $704 $58,996 $5,194 $53,802
2015 $686 $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: 4193612

REALTOR® Association of Southern Minnesota

APN: 22-310-1500