NOT LISTED FOR SALE

704 Pine St Brainerd, MN 56401

Estimated Value: $185,708 - $230,000

2 Beds
3 Baths
1,680 Sq Ft
$121/Sq Ft Est. Value

Last Sold January 14, 2013

Last sale price $45,000 $27 Per Sq Ft

Est. 353% increase in value since last sale

Current estimated payment $1,227/month

123 Days on Market

About This Home

As of January 2013

INCOME OPPORTUNITY. Excellent cash flow with 20% down. Duplex is 2 story with 2 BR 1 BA 840 Sq FT of finished living space for each unit. Nice

Last Agent to Sell the Property

RASM STAFF

Coldwell Banker Burnet Listed on: 07/26/2012

Last Buyer's Agent

RASM STAFF

Coldwell Banker Burnet Listed on: 07/26/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $899

Year Built

  • Built in 1950

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 35 x 75

Home Design

  • 1,680 Sq Ft Home
  • Duplex
  • Asphalt Shingled Roof

Unfinished Basement

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

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 09196189022Y009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$899

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Parcel Number: 09196189022Y009
  • Street Designation: Street
  • Estimated Number of Acres: 0.06
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished
  • Basement Material: Concrete Block, Wood
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1680
  • Total Fin Square Footage: 1680

Exterior Features

  • Roof: Asphalt Shingles

Utilities

  • Heat: Forced Air

Lot Info

  • Estimated Lot Dimensions: 35 x 75

Building Info

  • Year Built: 1950

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 11033

Tax Info

  • Year: 2012
  • Tax Value: 899

MLS Schools

  • School District: Brainerd #181

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2022
Sold by
Hicks Bradly
Bought by
Remmick Investments Llc
Current Estimated Value
$203,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,200
Outstanding Balance
$245,031
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
-$41,104

Purchase Details

Closed on
Jan 16, 2017
Sold by
Krotzer Willie S
Bought by
Hicks Bradly B

Purchase Details

Listed on
Jul 26, 2012
Closed on
Jan 1, 2013
Sold by
Sturm Jeffrey J and Sturm Angeline
Bought by
Krotzer Wille S and Krotzer Rachelle L
Seller's Agent
RASM STAFF
Coldwell Banker Burnet
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$54,400
Sold Price
$45,000
Premium/Discount to List
-$9,400
-17.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%

Purchase Details

Closed on
Apr 1, 2003
Sold by
Kowalczyk Ronald and Kowalczyk Susan
Bought by
Sturm Jeffrey
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
Remmick Investments Llc $264,200 --
Hicks Bradly B $33,400 --
Krotzer Wille S $45,000 --
Sturm Jeffrey $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Remmick Investments Llc $264,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2013 01/14/13 Sold $45,000 -17.3% $27 / Sq Ft
11/26/2012 11/26/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $54,400 -- $32 / 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
2025 $1,902 $144,600 $33,300 $111,300
2024 $1,902 $144,000 $35,200 $108,800
2023 $1,732 $131,000 $34,000 $97,000
2022 $1,584 $122,200 $24,600 $97,600
2021 $1,606 $89,100 $23,500 $65,600
2020 $1,542 $86,900 $24,300 $62,600
2019 $1,480 $78,100 $24,300 $53,800
2018 $1,358 $74,100 $24,300 $49,800
2017 $1,296 $73,500 $24,300 $49,200
2016 $1,224 $66,500 $18,300 $48,200
2015 $918 $49,900 $13,300 $36,600
2014 $528 $61,900 $9,600 $52,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4380762

REALTOR® Association of Southern Minnesota

APN: 09196189022Y009