M
Seller's Agent in 2024
Morgan Hopkins
COLDWELL BANKER NORTHWOODS
(218) 244-3415
24 in this area
71 Total Sales
729 NW 7th St Grand Rapids, MN 55744
2
Beds
1
Bath
952
Sq Ft
8,712
Sq Ft Lot
Highlights
- New Construction
- Walk-In Pantry
- 1-Story Property
- No HOA
- Living Room
- 5-minute walk to Lost Creek Park
About This Home
As of December 2024Exhibiting an authentic feel of the Swedish word ‘Lagom’, meaning “not too little, not too much”, this new construction home brings incredible opportunity for income qualified buyers (household income limit of $89,500 at time of closing). Priced $40,000 below market value, this 2 bedroom, 1 bath puts a modern spin on one-level living through its strategic utilization of space and design. The open concept features streamlined built-ins for storage, large windows that allow natural light to fill the space, and sizable kitchen island. You’ll be inspired to make this your own place to call home. More information available.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,544
Year Built
- Built in 2023 | New Construction
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 67 x 127
- Land Lease
Parking
- 1 Car Garage
Home Design
- Slab Foundation
Interior Spaces
- 952 Sq Ft Home
- 1-Story Property
- Living Room
- Combination Kitchen and Dining Room
Kitchen
- Walk-In Pantry
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Additional Features
- Air Exchanger
- 200+ Amp Service
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 915310220
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 15, 2016
Sold by
Passeri Bennett David and Passeri Deborah Ann
Bought by
Korhonen Steven A and Korhonen Pamela J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Outstanding Balance
$57,985
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$149,669
Purchase Details
Closed on
Oct 26, 2011
Sold by
Passeri Bennett D and Passeri Deborah A
Bought by
Knapp Corey J and Knapp Lisa G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Title | |
| Contract Of Sale | $105,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $72,000 | New Conventional | |
| Previous Owner | $105,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/11/2024 12/11/24 | Sold | $225,000 | +21.6% | $236 / Sq Ft |
| 12/06/2024 12/06/24 | Pending | -- | -- | -- |
| 07/10/2024 07/10/24 | For Sale | $185,000 | -- | $194 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $2,196 | $145,600 | $25,000 | $120,600 |
| 2023 | $2,196 | $145,600 | $25,000 | $120,600 |
| 2022 | $2,168 | $138,300 | $24,600 | $113,700 |
| 2021 | $1,868 | $117,800 | $24,600 | $93,200 |
| 2020 | $1,944 | $100,800 | $24,600 | $76,200 |
| 2019 | $1,904 | $100,800 | $24,600 | $76,200 |
| 2018 | $1,590 | $100,800 | $24,600 | $76,200 |
| 2017 | $808 | $0 | $0 | $0 |
| 2016 | $830 | $0 | $0 | $0 |
| 2015 | $812 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Morgan Hopkins
-
Brandon Saloka
B
Buyer's Agent in 2024
Brandon Saloka
GRAND PROPERTIES REAL ESTATE
(763) 442-1992
4 in this area
36 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6566664
APN: 91-665-0410
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