502 2nd Avenue Northwest

502 2nd Avenue Northwest in Buffalo, MN was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 502 2nd Avenue Northwest has 672 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. In total, the area measurement of the land is 5,665 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of wood shake/ shingles. For those who need parking, there is a garage. The garage is 320 sqft. There is one available parking space. 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. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a window/unit air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 502 2nd Avenue Northwest sold most recently in Oct 15, 2020 for a total of $92,000. If you work out the math, that's approximately a cost of $136.90 per sqft. Before that, the property was also sold for $128,500 in Nov 1, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,582 in taxes each year. 502 2nd Avenue Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $156,600. If we break it down further, the land itself was valued at $70,000. Improvements to the property, however, were assessed at a total of $86,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.