NOT LISTED FOR SALE

705 8th St E Thief River Falls, MN 56701

Estimated Value: $82,000 - $102,054

5 Beds
3 Baths
1,274 Sq Ft
$69/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $85,000 $67 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $642/month

70 Days on Market

Highlights

  • Front Porch
  • Forced Air Heating System
  • 1-minute walk to Red Robe Park

About This Home

As of October 2024

Investment opportunity awaits. These units are currently collecting income. Call today for more information or to schedule a showing.

Last Agent to Sell the Property

Shelly Guzek

Hometown Realty Listed on: 07/15/2024

Last Buyer's Agent

Sherry Coauette

LeBlanc Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • Lot Dimensions are 100 x 149
  • Irregular Lot

Home Design

  • Duplex

Interior Spaces

  • 1,274 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Front Porch
  • Forced Air Heating System

Community Details

  • 3 Units
  • Riverside Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number R2501600620

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: No Stairs Internal
  • Water Source: City Water/Connected
  • Year Built: 1935
  • Above Grade Finished Sq Ft: 1274
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 26 x 28
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished
  • Living Area: 1274
  • Basement YN: Yes
  • Total Rooms: 5
  • Total Rooms: 5
  • Total Rooms: 3

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt
  • PatioPorchType: Front Porch

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Three

Schools

  • Junior High Dist: Thief River Falls
  • SchoolDistrictNumber: 564
  • SchoolDistrictPhone: 218-681-8711

Lot Info

  • Lot Size: 100 x 149
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: R2501600620
  • Tax Annual Amount: 3058
  • TaxWithAssessments: 3058.0000

Multi Family

  • Number Of Refrigerators: Three

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Oct 1, 2024
Sold by
Ose Leroy B and Ose Gail
Bought by
Bakken Dylan
Seller's Agent
Shelly Guzek
Hometown Realty
Buyer's Agent
Sherry Coauette
LeBlanc Realty
List Price
$105,000
Sold Price
$85,000
Premium/Discount to List
-$20,000
-19.05%
Views
23
Current Estimated Value
$88,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,264
Avg. Annual Appreciation
3.84%
Original Mortgage
$68,000
Outstanding Balance
$67,300
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$20,964
Source: Public Records

Range of Values:

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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
Bakken Dylan $85,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakken Dylan $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold $85,000 -19.0% $67 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $105,000 -- $82 / Sq Ft
Source: NorthstarMLS

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 $2,082 $103,300 $32,400 $70,900
2023 $3,058 $103,300 $0 $0
2022 $3,132 $98,800 $0 $0
2021 $3,092 $85,800 $0 $0
2020 $2,994 $81,900 $0 $0
2019 $2,946 $78,700 $0 $0
2018 $1,616 $78,700 $0 $0
2017 $1,524 $75,800 $0 $0
2016 $1,386 $72,200 $0 $0
2014 $1,268 $61,300 $0 $0
2013 $1,280 $57,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shelly Guzek

    Seller's Agent in 2024

    Shelly Guzek

    Hometown Realty

    (218) 686-5827

    142 in this area

    265 Total Sales

    Shelly Guzek
    Section Image
  • Sherry Coauette

    Buyer's Agent in 2024

    Sherry Coauette

    LeBlanc Realty

    (218) 280-8272

    2 in this area

    221 Total Sales

    Sherry Coauette
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6569738

NorthstarMLS

APN: R-25.01600620

Minnesota Pennington County Thief River Falls 56701

705 8th St E, Thief River Falls, MN

This home is located at 705 8th St E, Thief River Falls, MN 56701 since 15 July 2024 and is currently estimated at $88,264, approximately $69 per square foot. This property was built in 1935. 705 8th St E is a home located in Pennington County with nearby schools including Challenger Elementary School, Franklin Middle School, and Lincoln Senior High School.

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