NOT LISTED FOR SALE

601 Park Ave N Park Rapids, MN 56470

Estimated Value: $119,000 - $190,000

3 Beds
1.5 Baths
2,156 Sq Ft
$72/Sq Ft Est. Value

Last Sold January 24, 2012

Last sale price $23,000 $11 Per Sq Ft

Est. 573% increase in value since last sale

Current estimated payment $961/month

118 Days on Market

Highlights

  • 2 Car Garage
  • Forced Air Heating System
  • Wood Siding

About This Home

As of January 2012

3 Bedroom 1 1/2 Bath Home on .16 Acres in Park Rapids.

Last Agent to Sell the Property

Robert Elliott

Grimes Realty Listed on: 08/04/2011

Last Buyer's Agent

Non Member

NON-MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • 1941

Lot Details

  • 6,970

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Wood Siding

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Additional Features

  • 6,970 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 32.51.40100

Home Details

Home Type

Single Family

Year Built

1941

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Estimated Number of Acres: 0.16
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Parcel Number: 32.51.40100
  • Range: 35.00
  • Section: 26.00
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Twp Number: 140.00
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1941

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1372
  • Below Grade Finished Sq Ft: 784
  • Total Fin Square Footage: 2156
  • Total Square Footage: 1372

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Wood

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 138 x 50 +/-

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2011
Closed on
Jan 23, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Koch Thomas Dean
Seller's Agent
Robert Elliott
Grimes Realty
Buyer's Agent
Non Member
NON-MEMBER
List Price
$52,500
Sold Price
$23,000
Premium/Discount to List
-$29,500
-56.19%
Current Estimated Value
$154,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,796
Avg. Annual Appreciation
14.72%

Purchase Details

Closed on
Jan 18, 2011
Sold by
Midfirst Bank
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 6, 2010
Sold by
Schmugge Jonathan and Schmugge Julie
Bought by
Midfirst Bank

Purchase Details

Closed on
Jun 27, 2006
Sold by
Andrew Laverne W and Andrew Fusako
Bought by
Schmugge Jonathan and Schmugge Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,176
Interest Rate
6.68%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Koch Thomas Dean -- Northwest Title Agency Inc
The Secretary Of Housing & Urban Develop -- None Available
Midfirst Bank $140,269 None Available
Schmugge Jonathan -- Segue Title & Real Estate Se
Schmugge Jonathan $95,878 Segue Title & Real Estate Se
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmugge Jonathan $19,176
Previous Owner Schmugge Jonathan $76,704
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2012 01/24/12 Sold $23,000 -56.2% $11 / Sq Ft
11/30/2011 11/30/11 Pending -- -- --
08/04/2011 08/04/11 For Sale $52,500 -- $24 / 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
2024 $1,769 $91,400 $44,700 $46,700
2023 $2,190 $112,800 $40,600 $72,200
2022 $2,126 $101,600 $40,600 $61,000
2021 $2,176 $93,500 $40,700 $52,800
2020 $2,114 $96,400 $50,800 $45,600
2019 $2,102 $87,300 $46,400 $40,900
2018 $2,124 $85,600 $48,800 $36,800
2016 $2,108 $85,900 $48,800 $37,100
2015 $1,120 $78,400 $43,800 $34,600
2014 $1,080 $75,400 $43,800 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4231045

REALTOR® Association of Southern Minnesota

APN: 32.51.40100