Seller's Agent in 2023
Aaron Trompeter
Edina Realty, Inc.
(320) 493-5145
2 in this area
116 Total Sales
601 1st St SE Little Falls, MN 56345
Estimated Value: $228,000 - $231,808
7
Beds
4
Baths
3,466
Sq Ft
$66/Sq Ft
Est. Value
Highlights
- Corner Lot
- Patio
- Coin Laundry
- 2 Car Attached Garage
- Forced Air Heating System
- 3-minute walk to Maple Island Park
About This Home
As of May 2023This home is large and can be converted back into a single family home with an attached garage if you wanted to do so. Current tenants will be moving out soon and you will be able to put all new people in there at a market rent. Current rents are below market. All measurements are approximate.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,372
Year Built
- Built in 1970
Lot Details
- Lot Dimensions are 87x80
- Corner Lot
Parking
- 2 Car Attached Garage
- Heated Garage
- Insulated Garage
Interior Spaces
- 2-Story Property
- Partially Finished Basement
- Basement Window Egress
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Outdoor Features
- Patio
Utilities
- Forced Air Heating System
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for insurance, repairs, trash collection
- Assessor Parcel Number 480192000
Community Details
Overview
- 4 Units
- Original Little Falls Subdivision
Amenities
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2023
Closed on
Jun 2, 2023
Sold by
Trompeterbuilt Properties Llc
Bought by
Sunday Estates Llc
Seller's Agent
Aaron Trompeter
Edina Realty, Inc.
Buyer's Agent
Jeff Kruschek
RE/MAX Central MN
List Price
$230,000
Sold Price
$209,250
Premium/Discount to List
-$20,750
-9.02%
Views
55
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,202
Avg. Annual Appreciation
4.00%
Original Mortgage
$147,000
Outstanding Balance
$39,425
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$190,027
Purchase Details
Listed on
Apr 12, 2023
Closed on
May 31, 2023
Sold by
Palmer Bernard W
Bought by
Trompeterbuilt Properties Llc
Seller's Agent
Aaron Trompeter
Edina Realty, Inc.
Buyer's Agent
Jeff Kruschek
RE/MAX Central MN
List Price
$230,000
Sold Price
$209,250
Premium/Discount to List
-$20,750
-9.02%
Views
55
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Outstanding Balance
$39,425
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$190,027
Purchase Details
Closed on
Mar 14, 2019
Sold by
Palmer Bernard Bernard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
4.31%
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sunday Estates Llc | $209,251 | None Listed On Document | |
| Trompeterbuilt Properties Llc | $107,000 | None Listed On Document | |
| -- | $107,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sunday Estates Llc | $147,000 | |
| Previous Owner | -- | $102,000 | |
| Previous Owner | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2023 05/31/23 | Sold | $209,250 | -9.0% | $60 / Sq Ft |
| 05/10/2023 05/10/23 | Pending | -- | -- | -- |
| 04/19/2023 04/19/23 | For Sale | $230,000 | -- | $66 / 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 |
|---|---|---|---|---|
| 2025 | $2,776 | $167,700 | $11,600 | $156,100 |
| 2024 | $2,458 | $161,600 | $12,800 | $148,800 |
| 2023 | $2,458 | $147,300 | $10,000 | $137,300 |
| 2022 | $2,372 | $134,200 | $10,000 | $124,200 |
| 2021 | $2,420 | $128,000 | $9,500 | $118,500 |
| 2020 | $2,440 | $358,900 | $28,500 | $330,400 |
| 2019 | $2,240 | $124,200 | $9,500 | $114,700 |
| 2018 | $2,166 | $106,700 | $9,500 | $97,200 |
| 2017 | $2,104 | $101,500 | $9,500 | $92,000 |
| 2016 | $2,002 | $0 | $0 | $0 |
| 2014 | $1,758 | $0 | $0 | $0 |
| 2013 | $1,758 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Trompeter
-
Jeff Kruschek
Buyer's Agent in 2023
Jeff Kruschek
RE/MAX
(320) 630-7837
122 in this area
215 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6353123
APN: 48.0192.000
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