Sold: Deer River MLS# 5304289
Sold
$149,900 (list price)
$125,000
Multi-family: Other
Built 1900
4,040 sqft
Deer River schools
MLS# 5304289
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Built in 1900, this historic 5 unit apartment building has been freshly painted, has a new roof, and has recently had many updates inside the apartments. Each unit has it's own furnace and tenants pay their own heat and electric. Located downtown Deer River near the high school and hospital.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$149,900
Sold Price:
$125,000
Sold Date:
11/09/2020
Price per sq ft:
$37
Property Type:
Multi-family
City:
Deer River
Garage Spaces:
0
County:
Itasca
Year Built:
1900
State:
MN
Property Style:
Other
Zip Code:
56636
Interior
Finished Area:
4,040 ft2
Living Area:
4,040 ft2
Total Area:
4,040 ft2
Above Ground Area:
2,020 ft2
Below Ground Area:
2,020 ft2
Basement Details:
Concrete
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
2,020 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Exterior Material:
- Stucco
- Wood Siding
Roof Details:
Asphalt
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0
Geolocation:
47.33547200, -93.79249700
Lot Dimensions:
.24
Zoning:
- Other
- Residential-Single Family
Schools
School District:
317
District Phone:
218-246-2420
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$5,220
Annual Fuel Expense:
$303
Annual Insurance Expense:
$4,000
Annual Maintenance Expense:
$500
Annual Gross Expense:
$13,468
Annual Trash Expense:
$3,446
Annual Water/Sewer Expense:
$5,736
Financial & Taxes
Tax Year:
2019
Annual Taxes:
$2,050
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,050
Land Lease Amount:
0
Income
Annual Gross Income:
$25,404
Rent
Unit 1 Monthly Rent:
None
Unit 2 Monthly Rent:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of GRAND PROPERTIES.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.