NOT LISTED FOR SALE

622 2nd Ave SW Rice, MN 56367

Estimated Value: $284,000 - $293,000

4 Beds
2 Baths
1,872 Sq Ft
$154/Sq Ft Est. Value

About This Home

This home is located at 622 2nd Ave SW, Rice, MN 56367 and is currently estimated at $288,074, approximately $153 per square foot. 622 2nd Ave SW is a home located in Benton County with nearby schools including Rice Elementary School, Sauk Rapids-Rice Middle School, and Sauk Rapids-Rice Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2020
Sold by
Scherbing Jonathan and Tobin Kelli
Bought by
Erdmann Michael
Current Estimated Value
$288,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,947
Outstanding Balance
$177,272
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$108,559

Purchase Details

Closed on
Jul 14, 2008
Sold by
Scott Robert and Scott Doreen
Bought by
Bill Wallace Llc and Land Trust

Purchase Details

Closed on
Jun 14, 2006
Sold by
Tresco Construction Inc
Bought by
Scott Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,010
Interest Rate
6.73%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 1, 2006
Sold by
Sobania Rita I and Sobania Everett C
Bought by
Mcmereedith Developments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2006
Sold by
Mcmeredith Development Inc
Bought by
Tresco Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Erdmann Michael $205,100 Guaranty & Title Co
Bill Wallace Llc $112,751 --
Scott Robert $190,051 --
Mcmereedith Developments Inc -- --
Tresco Construction Inc $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erdmann Michael $198,947
Previous Owner Zwilling $95,673
Previous Owner Zwilling Nita I $100,000
Previous Owner Scott Robert $38,010
Previous Owner Scott $152,040
Previous Owner Tresco Construction Inc $112,000
Source: Public Records

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 $2,570 $256,400 $27,000 $229,400
2024 $2,496 $243,700 $27,000 $216,700
2023 $2,398 $240,100 $27,000 $213,100
2022 $2,228 $215,300 $27,000 $188,300
2021 $2,108 $184,000 $25,000 $159,000
2018 $1,714 $128,400 $19,429 $108,971
2017 $1,714 $115,900 $18,973 $96,927
2016 $1,666 $135,900 $23,000 $112,900
2015 $1,574 $95,400 $14,110 $81,290
2014 -- $91,100 $13,932 $77,168
2013 -- $92,300 $13,985 $78,315
Source: Public Records

Map

Minnesota Benton County Rice 56367

622 2nd Ave SW, Rice, MN

This home is located at 622 2nd Ave SW, Rice, MN 56367 and is currently estimated at $288,074, approximately $153 per square foot. 622 2nd Ave SW is a home located in Benton County with nearby schools including Rice Elementary School, Sauk Rapids-Rice Middle School, and Sauk Rapids-Rice Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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