NOT LISTED FOR SALE

531 4th St SE Deer River, MN 56636

Estimated Value: $135,000 - $144,000

2 Beds
1 Bath
1,156 Sq Ft
$119/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $140,000 $121 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $828/month

40 Days on Market

Highlights

  • No HOA
  • Entrance Foyer
  • Forced Air Heating and Cooling System
  • The kitchen features windows
  • 1-Story Property
  • Electric Fireplace

About This Home

As of March 2024

Check out this single level living, 2-bedroom, 1-bathroom home in Deer River. The home has a beautifully updated, large kitchen with hickory cabinets, tons of storage, and updated stainless steel appliances. Other features include custom woodwork throughout, central air, a massive dining room, and a brand new metal roof. The large dining room could easily be turned into a third bedroom if desired, and you'd still have ample dining space. This property sits on five city lots so you have options to add on to the home or add another garage off to the side of the home. City sewer and water are already in on this lot as well. With apple trees and woods off the back yard, you'll see deer frequently! Check this one out!

Last Agent to Sell the Property

Dan Nielsen

Real Broker,LLC Listed on: 02/02/2024

Last Buyer's Agent

Jerry James

National Realty Guild

National Realty Guild

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $958

Year Built

  • Built in 1898

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 125x140
  • Additional Parcels

Parking

  • 2 Car Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1,156 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Second Add To Itasca City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 894900125

Home Details

Home Type

Single Family

Est. Annual Taxes

$958

Year Built

Built in 1898

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Reduced Height Counters, No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1898
  • Above Grade Finished Sq Ft: 1156
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 34x34
  • FireNumber: 531
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Electric, Living Room
  • Living Area: 1156
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Foyer
  • SqFtTotal: 1156.00

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Metal
  • PoolFeatures: None
  • Fencing: None

Garage/Parking

  • Parking Features: Detached, Gravel, Open
  • Garage Square Feet: 576
  • ParkingOpen: 2
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Window,Natural Woodwork

Schools

  • Junior High Dist: Deer River
  • SchoolDistrictNumber: 317
  • SchoolDistrictPhone: 218-246-2420

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 125x140
  • Lot Size Sq Ft: 17424
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels Description: 894900130
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 894900125
  • Tax Annual Amount: 958
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 29, 2024
Sold by
Serfling Gary and Serfling Barbara
Bought by
Nieman Tarra and Moilanen Chase
Seller's Agent
Dan Nielsen
Real Broker,LLC
Buyer's Agent
Jerry James
National Realty Guild
List Price
$138,000
Sold Price
$140,000
Premium/Discount to List
$2,000
1.45%
Views
110
Current Estimated Value
$137,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,602
Avg. Annual Appreciation
-3.50%
Original Mortgage
$90,000
Outstanding Balance
$89,044
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$44,381
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 Buyer Sale Price Title Company
Nieman Tarra $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nieman Tarra $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $140,000 +1.4% $121 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $138,000 -- $119 / 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 $914 $113,400 $3,400 $110,000
2022 $814 $88,400 $3,400 $85,000
2021 $632 $80,900 $3,400 $77,500
2020 $684 $73,200 $3,400 $69,800
2019 $566 $73,200 $3,400 $69,800
2018 $368 $73,200 $3,400 $69,800
2017 $328 $0 $0 $0
2016 $308 $0 $0 $0
2015 $786 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6484381

NorthstarMLS

APN: 89-490-0125