701 5th Ave NW Cambridge, MN 55008
Estimated Value: $245,000 - $261,000
3
Beds
2
Baths
1,724
Sq Ft
$147/Sq Ft
Est. Value
Highlights
- Deck
- No HOA
- The kitchen features windows
- Corner Lot
- Home Office
- Living Room
About This Home
As of September 2022Charming home that is finished both up and down with beautiful hardwood floors, built-ins, all appliances , fenced yard, concrete patio & driveway, deck, landscaped and oversized 26x24 detached heated garage. Located walking distance to schools, local shopping and parks. Don't miss this one!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,924
Year Built
- Built in 1971
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 130x100
- Partially Fenced Property
- Vinyl Fence
- Corner Lot
Parking
- 2 Car Garage
- Parking Storage or Cabinetry
- Heated Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Bi-Level Home
- Pitched Roof
Interior Spaces
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Home Office
Kitchen
- Range
- Microwave
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
- Basement Window Egress
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
Community Details
- No Home Owners Association
- Rippeys 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 150750040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2022
Closed on
Sep 7, 2022
Sold by
Palmer Wayne and Palmer Teresa
Bought by
Peterson Annjeanette
Seller's Agent
Christine Johnson
RE/MAX RESULTS
Buyer's Agent
Derek Jones
Keller Williams Classic Realty
List Price
$279,000
Sold Price
$255,000
Premium/Discount to List
-$24,000
-8.6%
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
-$2,042
Avg. Annual Appreciation
-0.29%
Original Mortgage
$204,000
Outstanding Balance
$196,316
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$56,642
Similar Homes in Cambridge, MN
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 |
|---|---|---|---|
| Peterson Annjeanette | $255,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Peterson Annjeanette | $204,000 | |
| Previous Owner | Palmer Wayne E | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/07/2022 09/07/22 | Sold | $255,000 | -3.7% | $148 / Sq Ft |
| 08/08/2022 08/08/22 | Pending | -- | -- | -- |
| 08/01/2022 08/01/22 | Price Changed | $264,900 | -5.1% | $154 / Sq Ft |
| 07/22/2022 07/22/22 | For Sale | $279,000 | -- | $162 / 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 |
|---|---|---|---|---|
| 2024 | $2,638 | $197,700 | $22,600 | $175,100 |
| 2023 | $2,532 | $197,700 | $22,600 | $175,100 |
| 2022 | $2,924 | $183,100 | $22,600 | $160,500 |
| 2021 | $2,730 | $182,800 | $22,600 | $160,200 |
| 2020 | $2,658 | $173,300 | $22,600 | $150,700 |
| 2019 | $2,480 | $168,600 | $0 | $0 |
| 2018 | $2,474 | $126,200 | $0 | $0 |
| 2016 | $1,676 | $0 | $0 | $0 |
| 2015 | $1,604 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Johnson
Seller's Agent in 2022
Christine Johnson
RE/MAX Results
(763) 552-7464
34 in this area
132 Total Sales
-
Derek Jones
Buyer's Agent in 2022
Derek Jones
Keller Williams Classic Realty
(612) 597-2979
4 in this area
140 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6238692
APN: 15.075.0040
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