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402 Ottum Avenue

402 Ottum Avenue, Bigfork, MN 56628
Property in Bigfork
Sold May 14, 2015
$109,000
$107,015 by Quicken Loans Inc
Mortgage Due Jun 01, 2045
Local assessors in Bigfork, MN have categorized 402 Ottum Avenue as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 39,640 square feet. The linear feet between the front and back of the lot was measured at 2,030 ft and the front of the lot was measured at 2,000 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 402 Ottum Avenue has a total of 832 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 400 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 402 Ottum Avenue sold most recently in May 8, 2015 for a total of $109,000. If you work out the math, that's approximately a cost of $131.01 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,568 in taxes each year. 402 Ottum Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $135,700. If we break it down further, the land itself was valued at $13,400. Improvements to the property, however, were assessed at a total of $122,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 2
  • Bedroom Count: 3
  • Construction Type: Frame
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 400
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 39,640
  • Lot Size Depth Feet: 2,030
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 832
  • Building Area: 832
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 832
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ZAISERS ADDITION TO BIGFORK
  • Land Acres: 0.91
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2

Ownership

  • Current Owner : KINN JOSHUA
  • Current Owner 2: WIBERG NICOLLE
  • Previous Owner : HOLT MICHAEL J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grand Rapids Public School District
  • School Tax School District: 318
  • Census Tract: 480101

Zoning

  • Zoning: M

Geography

  • Account Number: 69140
  • District: 85
  • Parcel: 85-490-0020
  • Lot: 2
  • Meridian: SEC 27 TWN 61N RNG 26W
  • Municipality: BIGFORK CITY
  • Latitude: 47.7501
  • Longitude: -93.6554

    Address

  • Full Address: 402 Ottum Ave
  • Address - House Number: 402
  • Address - Street Name: Ottum
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Bigfork
  • Carrier Code: R001
  • 4-Digit Zip Code: 4541
  • Zip Code: 56628

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,568

    Appraisal Valuation

  • Standard Deviation: 0.2577
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 63
  • Final Value: 188,801
  • High Value: 237,471
  • Low Value: 140,132

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $107,015
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: May 14, 2015
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $107,015
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2045

    Market Valuation

  • Market Total Value: $135,700
  • Market Land Value: $13,400
  • Market Improvement Value: $122,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $135,700
  • Assessed Land Value: $13,400
  • Assessed Improvements Value: $122,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 08, 2015
  • Current Sale Recording Date: May 14, 2015
  • Current Sale Transaction ID: 1291998343
  • Current Sale Price: $109,000
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: A000693640

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: May 14, 2015
  • First Mortgage Loan Amount: $107,015
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2045

    Financing

  • First Mortgage Financing Type: Unknown

About Bigfork



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Frequently Asked Questions

What neighborhood is 402 Ottum Avenue located in?
The 402 Ottum Avenue is a located in the neighborhood of Bigfork in Bigfork, Bigfork.
What is the average sales price for listings in 402 Ottum Avenue?
The average sales price for units in 402 Ottum Avenue is $0 currently.

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