NOT LISTED FOR SALE

712 1st Ave NE Brainerd, MN 56401

Estimated Value: $174,000 - $214,000

1 Bed
2 Baths
1,968 Sq Ft
$98/Sq Ft Est. Value

Last Sold March 02, 2015

Last sale price $56,000 $28 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $1,155/month

160 Days on Market

Highlights

  • 2 Car Detached Garage
  • Lowell Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of March 2015

Great income-producing Triplex in a convenient location with excellent rental history. Tenants pay for electricity and natural gas.

Last Agent to Sell the Property

Jeremy Johnson

Positive Realty Listed on: 09/19/2014

Last Buyer's Agent

Jeremy Johnson

Positive Realty Listed on: 09/19/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,207

Year Built

  • Built in 1893

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,968 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Utilities

  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel
  • The owner pays for trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,207

Year Built

Built in 1893

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Stories: 2 Story
  • Estimated Number of Acres: 0.16
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1968
  • Total Fin Square Footage: 1968

Exterior Features

  • Frontage Road: City
  • Exterior: Fiber Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: 50x140

Rental Info

  • Owner Expense: Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Fuel

Building Info

  • Year Built: 1893

Multi Family

  • Total Units Available: 3
  • Est Annual Gross Expense: 3472

Tax Info

  • Year: 2014
  • Tax Value: 1207

MLS Schools

  • School District: Brainerd #181

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Lake Thomas James and Lake Melissa A
Bought by
Lake Investments Llc
Current Estimated Value
$192,704

Purchase Details

Closed on
Dec 14, 2018
Sold by
Daniel Thornton
Bought by
Lake Thomas J

Purchase Details

Listed on
Sep 19, 2014
Closed on
Mar 2, 2015
Sold by
Baca Jason Jason
Bought by
Thornton Daniel
Seller's Agent
Jeremy Johnson
Positive Realty
Buyer's Agent
Jeremy Johnson
Positive Realty
List Price
$69,000
Sold Price
$56,000
Premium/Discount to List
-$13,000
-18.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.06%

Purchase Details

Listed on
Sep 19, 2014
Closed on
Mar 1, 2015
Sold by
Baca Jason M
Bought by
Thornton Daniel G
Seller's Agent
Jeremy Johnson
Positive Realty
Buyer's Agent
Jeremy Johnson
Positive Realty
List Price
$69,000
Sold Price
$56,000
Premium/Discount to List
-$13,000
-18.84%

Purchase Details

Closed on
Jul 1, 2001
Sold by
Jacob P Tiggelaar
Bought by
Baca Jason M

Purchase Details

Closed on
Oct 1, 2000
Sold by
Tiggelaar Jacob P
Bought by
Baca Jason M

Purchase Details

Closed on
Jul 1, 1997
Sold by
Johnson Robert
Bought by
Tiggelaar Jacob

Purchase Details

Closed on
Mar 1, 1996
Sold by
Jones Stephen
Bought by
Johnson Robert
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
Lake Investments Llc $3,000 None Listed On Document
Lake Thomas J $85,600 --
Thornton Daniel $56,000 --
Thornton Daniel G $56,000 --
Baca Jason M $53,000 --
Baca Jason M $53,000 --
Tiggelaar Jacob $49,000 --
Johnson Robert $39,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2015 03/02/15 Sold $56,000 -18.8% $28 / Sq Ft
02/26/2015 02/26/15 Pending -- -- --
09/19/2014 09/19/14 For Sale $69,000 -- $35 / 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 $1,774 $136,600 $44,300 $92,300
2024 $1,774 $134,200 $45,300 $88,900
2023 $1,548 $125,100 $41,800 $83,300
2022 $1,668 $109,100 $33,000 $76,100
2021 $1,700 $94,000 $31,100 $62,900
2020 $1,586 $91,900 $30,100 $61,800
2019 $1,524 $81,800 $30,100 $51,700
2018 $1,382 $77,800 $29,900 $47,900
2017 $1,260 $74,800 $29,900 $44,900
2016 $1,266 $68,700 $23,800 $44,900
2015 $1,120 $61,200 $18,800 $42,400
2014 $604 $70,900 $17,300 $53,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jeremy Johnson

    Positive Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4676610

REALTOR® Association of Southern Minnesota

APN: 091280280110009

Minnesota Crow Wing County Brainerd 56401

712 1st Ave NE, Brainerd, MN

Not Listed for Sale

MultiFamily

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