NOT LISTED FOR SALE

713 Beech St Brainerd, MN 56401

Estimated Value: $258,000 - $319,090

6 Beds
3 Baths
2,576 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $250,000 $97 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,803/month

20 Days on Market

Highlights

  • 1 Car Attached Garage
  • Brainerd Senior High School Rated 9+
  • Baseboard Heating

About This Home

As of June 2024

Don't miss out on this opportunity for a cash-flowing investment! This duplex is lucrative prospect for savvy investors. The upper level comprises three bedrooms, two bathrooms, a generously sized living room complete with a cozy fireplace, and the added convenience of an attached garage. Downstairs, the lower level offers three bedrooms, one bathroom, and spacious living areas, providing ample room for tenants to enjoy. Situated on an expansive 1.5-acre lot, there's plenty of space for future expansion or outdoor amenities. Showings require a 24-hour notice, and with existing leases in place, you can step into this investment with confidence, poised to reap the benefits of a solid rental property.

Last Agent to Sell the Property

Mark Pietig

RE/MAX Advantage Plus Listed on: 02/07/2024

RE/MAX Advantage Plus

Last Buyer's Agent

Trista Oseland

LPT Realty, LLC

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,457

Year Built

  • Built in 1960

Lot Details

  • Irregular Lot
  • Few Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Bi-Level Home

Interior Spaces

  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Community Details

  • 2 Units
  • Hollands First Add The City Of Subdivision

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for electricity, fuel, insurance, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 41300988

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,457

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 1288
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full
  • Living Area: 2576
  • Below Grade Finished Sq Ft: 1288
  • Owner Pays: Electricity, Fuel, Insurance, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Cable,Ceiling Fan(s)
  • Number Of Fireplaces: 1
  • Appliances: Range
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Porch,Rear Porch

Garage/Parking

  • Parking Features: Attached Garage, Gravel

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Brainerd
  • SchoolDistrictPhone: 218-454-6900

Lot Info

  • Topography: Level
  • Lot Size: 180x190x110x114xirregular
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board
  • Units Total: 2

Rental Info

  • Expenses: 6800.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 41300988
  • Tax Annual Amount: 3457
  • TaxWithAssessments: 3482.0000

Multi Family

  • TenantPays: Cable TV
  • ElectricExpense: 2400
  • FuelExpense: 900
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Jun 28, 2024
Sold by
Jk Assets Llc
Bought by
Kavland Properties Llc
Seller's Agent
Mark Pietig
RE/MAX Advantage Plus
Buyer's Agent
Trista Oseland
LPT Realty, LLC
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Views
27
Current Estimated Value
$286,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,773
Avg. Annual Appreciation
10.87%
Original Mortgage
$225,000
Outstanding Balance
$179,321
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$107,452

Purchase Details

Closed on
May 12, 2017
Sold by
Straight Linda Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.14%
Source: Public Records

Range of Values:

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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
Kavland Properties Llc $250,000 Elite Title & Escrow
-- $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kavland Properties Llc $225,000
Previous Owner -- $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $250,000 -9.1% $97 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $275,000 -- $107 / 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
2025 $3,540 $264,500 $64,800 $199,700
2024 $3,540 $269,700 $60,100 $209,600
2023 $3,482 $279,800 $54,000 $225,800
2022 $3,192 $247,600 $47,600 $200,000
2021 $3,374 $181,100 $41,300 $139,800
2020 $3,334 $183,300 $42,400 $140,900
2019 $3,336 $172,900 $42,400 $130,500
2018 $3,012 $171,300 $42,500 $128,800
2017 $2,868 $164,100 $42,500 $121,600
2016 $2,110 $115,100 $37,400 $77,700
2015 $1,982 $108,900 $32,400 $76,500
2014 $936 $110,400 $31,100 $79,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6486455

NorthstarMLS

APN: 09143000002G009