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1502 Southwest 1st Avenue

1502 Southwest 1st Avenue, Grand Rapids, MN 55744
Property in Grand Rapids
Refi Aug 07, 2020
Transfer
$125,000 by Amerisave Mortgage Corp
Mortgage
1502 Southwest 1st Avenue in Grand Rapids, MN was first built in 1953 and is 71 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. 1502 Southwest 1st Avenue has 1,312 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 704 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 14,810 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of asphalt. For those who need parking, there is a garage. The garage is 480 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $2,278 in taxes per year. The property on 1502 Southwest 1st Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $189,100. To break that down further, the land itself was valued at $26,900. While improvements to the property were assessed at a total of $162,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 3
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Basement Type: Finished improved basement
  • Basement Area: 704
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,312
  • Building Area: 1,312
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,312
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCGOWANS ADD.TO GRAND RAPIDS
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W 143' LOT 1 BLK 8 & S 1/2 OF VAC ST LYG N

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grand Rapids Public School District
  • School Tax School District: 318
  • Census Tract: 480804

Zoning

  • Zoning: M

Geography

  • Account Number: 76790
  • District: 91
  • Parcel: 91-600-0810
  • Block: 8
  • Lot: 1
  • Meridian: SEC 28 TWN 55N RNG 25W
  • Municipality: GRAND RAPIDS CITY
  • Latitude: 47.2156
  • Longitude: -93.5302

    Address

  • Full Address: 1502 Sw 1st Ave
  • Address - House Number: 1502
  • Street Direction: SW
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Grand Rapids
  • Carrier Code: C002
  • 4-Digit Zip Code: 4110
  • Zip Code: 55744

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,278

    Appraisal Valuation

  • Standard Deviation: 0.2704
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 61
  • Final Value: 239,027
  • High Value: 303,675
  • Low Value: 174,378

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,000
  • First Open Lien Mortgage Lender: AMERISAVE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 07, 2020
  • First Open Lien Mortgage Loan Amount: $125,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)

    Market Valuation

  • Market Total Value: $189,100
  • Market Land Value: $26,900
  • Market Improvement Value: $162,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $189,100
  • Assessed Land Value: $26,900
  • Assessed Improvements Value: $162,200

    Exemptions

  • Homeowner Exemption: Yes

About Grand Rapids



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Frequently Asked Questions

What neighborhood is 1502 Southwest 1st Avenue located in?
The 1502 Southwest 1st Avenue is a located in the neighborhood of Grand Rapids in Grand Rapids, Grand Rapids.
What is the average sales price for listings in 1502 Southwest 1st Avenue?
The average sales price for units in 1502 Southwest 1st Avenue is $0 currently.

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