NOT LISTED FOR SALE

710 2nd St SW Wadena, MN 56482

Estimated Value: $98,000 - $135,000

4 Beds
3 Baths
1,346 Sq Ft
$86/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $85,000 $63 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $690/month

18 Days on Market

Highlights

  • Front Porch
  • Baseboard Heating
  • Wood Siding

About This Home

As of November 2023

Income earning opportunity in Southwest Wadena. This Tri-Plex already has tenants and it is time for new owners to take over. Main level features a two bedroom 1 full bath, upstairs apartment is a 1 bed and 3/4 bath with plenty of storage, and the lower level is a 1 bed 3/4 bath. This home would also make a nice single family home with some TLC.

Last Agent to Sell the Property

Jordan Hinkle

Hinkle Realty Listed on: 09/12/2023

Last Buyer's Agent

Daniel Lepper

Hinkle Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $992

Year Built

  • Built in 1920

Lot Details

  • 6,970

Parking

  • 1 Car Garage

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Front Porch
  • Lot Dimensions are 50x140
  • Baseboard Heating

Community Details

  • 3 Units
  • N P Add Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 223103470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$992

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1066
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Living Area: 1346
  • Below Grade Finished Sq Ft: 280
  • Basement YN: Yes
  • Total Rooms: 3

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • PatioPorchType: Front Porch

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Electric

Schools

  • Junior High Dist: Wadena-Deer Creek
  • SchoolDistrictPhone: 218-632-2155

Lot Info

  • Lot Size: 50x140
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 223103470
  • Tax Annual Amount: 992
  • TaxWithAssessments: 992.0000

Multi Family

  • TenantPays: All Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Nov 1, 2023
Sold by
Paulson Kevin
Bought by
Lacho Properties Llc
Seller's Agent
Jordan Hinkle
Hinkle Realty
Buyer's Agent
Daniel Lepper
Hinkle Realty
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%
Views
18
Current Estimated Value
$115,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,981
Avg. Annual Appreciation
14.95%

Purchase Details

Closed on
May 18, 2009
Sold by
K & K Properties
Bought by
Paulson Kevin A R and Paulson Kimberly A

Purchase Details

Closed on
Nov 14, 2006
Sold by
Johnson Charles D and Johnson Patricia K
Bought by
Johnson Charles D and Johnson Patricia K

Purchase Details

Closed on
Jul 1, 2005
Sold by
Johnson Charles D and Johnson Patricia K
Bought by
K & K Properties
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lacho Properties Llc $85,000 --
Paulson Kevin A R -- None Available
K & K Properties $59,900 None Available
Johnson Charles D -- None Available
K & K Properties -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2023 11/01/23 Sold $85,000 -14.9% $63 / Sq Ft
10/01/2023 10/01/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $99,900 -- $74 / Sq Ft
Source: NorthstarMLS

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 $1,032 $84,500 $10,500 $74,000
2024 $1,032 $81,000 $10,500 $70,500
2023 $992 $75,800 $5,300 $70,500
2022 $1,078 $67,100 $5,300 $61,800
2021 $1,162 $59,700 $5,300 $54,400
2020 $1,082 $63,900 $5,300 $58,600
2019 $976 $60,100 $5,300 $54,800
2018 $944 $51,900 $5,300 $46,600
2017 $89 $38,200 $5,300 $32,900
2016 $872 $37,436 $5,194 $32,242
2015 $848 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6432374

NorthstarMLS

APN: 22-310-3470