$120,000
SOLD JAN 30, 2025 RENTED MAR 1, 2025

924 5th St SW Willmar, MN 56201

3 Beds
2 Baths
1,270 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

8% Below List Price

8 Days on Market

About This Home

As of January 2025

Great investment opportunity. Updated duplex with 2 long term tenants. Main floor pays $750 per month (month to month lease), upper level pays $650 per month (lease through June 2025). Tenant pays electric and owner pays all other utilities.

Last Agent to Sell the Property

Aaron Christensen

Edina Realty Listed on: 01/02/2025

Edina Realty

Last Buyer's Agent

Mitch Ashburn

Edina Realty

Edina Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,254

Year Built

  • Built in 1890

Home Design

  • Duplex

Interior Spaces

  • 1,270 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 50x150
  • Forced Air Heating System

Community Details

  • 2 Units
  • Booths Add To Willmar Subdivision

Listing and Financial Details

  • Assessor Parcel Number 950901070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,254

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 1270
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Living Area: 1270
  • Basement YN: Yes
  • Total Rooms: 4
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 3

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Willmar
  • SchoolDistrictNumber: 347
  • SchoolDistrictPhone: 320-231-8500

Lot Info

  • Lot Size: 50x150
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 950901070
  • Tax Annual Amount: 1254
  • TaxWithAssessments: 1274.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2025
Closed on
Jan 30, 2025
Sold by
Dunlavy Timothy and Dunlavy Melissa
Bought by
Ashburn Mitchell and Ashburn Jeanne
Seller's Agent
Mitch Ashburn
Edina Realty
Sold Price
$1,050
Views
45
Current Estimated Value
$128,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,466
Avg. Annual Appreciation
20.41%
Original Mortgage
$120,000
Outstanding Balance
$119,792
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$12,133

Purchase Details

Closed on
Jan 6, 2011
Sold by
Larson Jason A and Larson Lacey
Bought by
Dunlavy Timothy M and Dunlavy Melissa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,250
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed $120,000 --
Warranty Deed $59,000 Kandiyohi Abstract & Title C
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 New Conventional
Previous Owner $44,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2025 03/01/25 Rented $1,050 0.0% --
02/02/2025 02/02/25 For Rent $1,050 0.0% --
01/30/2025 01/30/25 Sold $120,000 -7.6% $94 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $129,900 -- $102 / 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 $1,274 $88,500 $18,000 $70,500
2023 $1,104 $81,100 $18,000 $63,100
2022 $1,184 $74,200 $18,000 $56,200
2021 $1,110 $68,700 $18,000 $50,700
2020 $1,094 $63,800 $12,000 $51,800
2019 $1,032 $62,300 $12,000 $50,300
2018 $1,034 $57,400 $12,000 $45,400
2017 $1,060 $58,200 $12,000 $46,200
2016 $1,022 $584 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6644764

NorthstarMLS

APN: 95-090-1070