NOT LISTED FOR SALE

518 SE 2nd Ave Grand Rapids, MN 55744

Estimated Value: $110,000 - $143,000

1 Bed
1 Bath
800 Sq Ft
$166/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $122,700 $153 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $815/month

49 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 4-minute walk to Riverview Park
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of November 2023

Excellent 1 bed, 3/4 bath home set on a large Southeast Grand Rapids lot. This home is cute as a button & turn key with tons of updates. Newer roof, siding, windows, hot water heater, & furnace. Interior has a fresh new look that gives it a clean and open feel. One level living with a partial basement that is great for storage. Come take a look!

Last Listed By

Cody Presley

MN DIRECT PROPERTIES Listed on: 10/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $855

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x145

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Partial Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Garlands Add To Grand Rapids Subdivision

Listing and Financial Details

  • Assessor Parcel Number 915400720

Home Details

Home Type

Single Family

Est. Annual Taxes

$855

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 800
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Partial
  • Living Area: 800
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1

Beds/Baths

  • Total Bedrooms: 1
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Grand Rapids
  • SchoolDistrictNumber: 318
  • SchoolDistrictPhone: 218-327-5704

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 60x145
  • Lot Size Sq Ft: 8712
  • 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: 915400720
  • Tax Annual Amount: 855
  • TaxWithAssessments: 900.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Nov 22, 2023
Sold by
Presley Cody and Presley Brittany
Bought by
Koran Crystal
Seller's Agent
Cody Presley
MN DIRECT PROPERTIES
List Price
$122,700
Sold Price
$122,700
Total Days on Market
49
Views
152
Current Estimated Value
$132,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,354
Avg. Annual Appreciation
5.80%
Original Mortgage
$115,893
Outstanding Balance
$114,470
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$18,685

Purchase Details

Listed on
May 23, 2023
Closed on
Jun 5, 2023
Sold by
Simons Susan
Bought by
Presley Cody and Roy Mary
Seller's Agent
Steve Haaby
Haaby Real Estate, LLC
List Price
$59,900
Sold Price
$65,000
Premium/Discount to List
$5,100
8.51%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
310.37%

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
Koran Crystal $122,700 --
Presley Cody $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koran Crystal $115,893
Previous Owner Simons Susan $13,038
Previous Owner Simons Susan $39,000
Previous Owner Simons Susan $36,455
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $122,700 0.0% $153 / Sq Ft
10/03/2023 10/03/23 For Sale $122,700 +88.8% $153 / Sq Ft
06/09/2023 06/09/23 Sold $65,000 +8.5% $88 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $59,900 -- $81 / 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
2023 $1,000 $109,500 $25,000 $84,500
2022 $1,000 $103,400 $23,900 $79,500
2021 $798 $87,000 $23,900 $63,100
2020 $844 $76,600 $23,900 $52,700
2019 $768 $76,600 $23,900 $52,700
2018 $678 $71,400 $23,900 $47,500
2017 $678 $0 $0 $0
2016 $656 $0 $0 $0
2015 $654 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6442445

NorthstarMLS

APN: 91-540-0720