NOT LISTED FOR SALE

701 NW 2nd Ave Grand Rapids, MN 55744

Estimated Value: $235,000 - $267,000

3 Beds
2.5 Baths
2,450 Sq Ft
$104/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $137,000 $56 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,608/month

9 Days on Market

Highlights

  • 1-Story Property
  • Privacy Fence
  • 4-minute walk to Lost Creek Park

About This Home

As of July 2020

What space all on one level. 3 generous sized bedrooms with plenty of closet space. 2 fireplaces. Corner lot. Nice entry way closet. Toilet and sink in master bedroom. Sold as is with addendum This property MAY qualify for Seller Financing (Vendee)." "Property was built prior to 1978 and lead based paint potentially exist.

Last Agent to Sell the Property

Anita Raushel

Iron Country Realty License #40196962 Listed on: 05/19/2020

Last Buyer's Agent

Renee Capra

Non-Member Comps only

Non-Member Comps only

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,390

Year Built

  • Built in 1948

Lot Details

  • 7,405 Sq Ft Lot
  • Privacy Fence

Parking

  • 1 Car Garage

Home Design

  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,450 Sq Ft Home
  • 1-Story Property
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 91-585-3425

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,390

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Gas
  • Lower Level Bathrooms: .75
  • Lvt Date: 05/19/2020
  • Main Level Bathrooms: 1.5
  • Number Of Bedrooms: 3
  • Parcel Code Number: 91-585-3425
  • Percent Of Bsmnt Finished: 50
  • Real Estate Tax: 2390.00
  • Style: One Story
  • Total Above Grade Sq Ft: 1633
  • Type: Residential
  • Year Built: 1948
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 2450
  • Bedroom 1: Size: 14x12, On Level: Main
  • Total Bathrooms: 2.5
  • Basement: Block
  • Bedroom 2: Size: 11x12, On Level: Main
  • Bedroom 3: Size: 12x10, On Level: Main
  • Dining Room: Size: 12x8, On Level: Main
  • Kitchen: Size: 12x12, On Level: Main
  • Living Room: Size: 12x16, On Level: Main
  • Lower Level Sq Ft: 1633
  • Main Level Bedrooms: 3
  • Main Level Sq Ft: 1633
  • Rec Room: Size: 12x16, On Level: Lower

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt

Garage/Parking

  • Garage: 1 Stall
  • Garage Capacity: 1
  • Garage Size: 13x20

Utilities

  • Utilities: City Water, City Sewer

Lot Info

  • Fencing: Privacy
  • Lot Size: Dimensions: 150x50
  • Number Of Acres: 0.17
  • Zoning: r

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Jun 16, 2020
Sold by
Usa Va
Bought by
Stevens April
Seller's Agent
Anita Raushel
Iron Country Realty
Buyer's Agent
Renee Capra
Non-Member Comps only
List Price
$125,000
Sold Price
$137,000
Premium/Discount to List
$12,000
9.6%
Current Estimated Value
$255,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,326
Avg. Annual Appreciation
12.46%
Original Mortgage
$131,240
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 28, 2020
Sold by
Pennymac Loan Services
Bought by
Usa Va

Purchase Details

Closed on
Feb 26, 2020
Sold by
Bowe John E and Bowe Judith J
Bought by
Pennymac Loan Services

Purchase Details

Closed on
May 30, 2008
Sold by
Reitter David R and Reitter Heather
Bought by
Bowe John Edward and Bowe Judith Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stevens April -- None Available
Usa Va -- None Available
Pennymac Loan Services -- None Available
Bowe John Edward $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stevens April $131,240
Previous Owner Bowe John Edward $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2020 07/06/20 Sold $137,000 +9.6% $56 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $125,000 -- $51 / Sq Ft
Source: Range Association of REALTORS®

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 $3,112 $265,500 $27,900 $237,600
2023 $3,112 $265,500 $27,900 $237,600
2022 $2,894 $233,500 $27,600 $205,900
2021 $2,286 $192,800 $25,700 $167,100
2020 $2,390 $161,000 $25,700 $135,300
2019 $2,652 $161,000 $25,700 $135,300
2018 $2,052 $176,900 $25,700 $151,200
2017 $2,198 $0 $0 $0
2016 $2,096 $0 $0 $0
2015 $2,058 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Anita Raushel

    Iron Country Realty

    (218) 254-7101

    2 in this area

    79 Total Sales

    Anita Raushel
    Section Image
  • Renee Capra

    Buyer's Agent in 2020

    Renee Capra

    Non-Member Comps only

    (218) 741-0154

    43 Total Sales

    Renee Capra
    Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 139410

Range Association of REALTORS®

APN: 91-585-3425

Minnesota Itasca County Grand Rapids 55744

701 NW 2nd Ave, Grand Rapids, MN

This home is located at 701 NW 2nd Ave, Grand Rapids, MN 55744 since 19 May 2020 and is currently estimated at $255,326, approximately $104 per square foot. This property was built in 1948. 701 NW 2nd Ave is a home located in Itasca County with nearby schools including Forest Lake Elementary School, Robert J. Elkington Middle School, and Grand Rapids 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.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes