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8506 Reid Road

8506 Reid Road, Britt, MN 55710
Property in Mountain Iron
Sold May 20, 2015
$145,000
$157,600 by Agstar Financial Services Aca
Mortgage Due Jun 01, 2045
This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 8506 Reid Road has 840 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 1,376,496 square feet.

Learn more about the property and building on this page. There is a open porch. For those who need parking, there is a garage. The garage is 432 sqft. 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 condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. 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 oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Apr 29, 2015 for $145,000. That's $129.46 per sqft. 8506 Reid Road was last assessed in 2022. The total value of the property was assessed at $142,600. Specifically, the land the property is located on was valued at $53,600. While improvements on the property were assessed at a total of $89,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,282. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 432
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,376,496
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 840
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MOUNTAIN IRON LANDS IN THE CIT
  • Land Acres: 31.6
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1 EX NLY 417 5/10 FT OF WLY 835 FT SERIAL #

Ownership

  • Current Owner : ELLIS JOSIAH B
  • Current Owner 2: ELLIS SARAH E
  • Previous Owner : HILL RANDALL HOWARD
  • Previous Owner 2: HILL JUDITH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Public School District
  • School Tax School District: 2909
  • Census Tract: 015200

Zoning

  • Zoning: MUNS

Geography

  • Assessors Map Reference: MB 120
  • Account Number: 988997
  • District: 175
  • Parcel: 175-0120-00170
  • Lot: 1
  • Meridian: SEC 02 TWN 59N RNG 18W
  • Municipality: CITY OF MT IRON
  • Latitude: 47.6325
  • Longitude: -92.5822

    Address

  • Full Address: 8506 Reid Rd
  • Address - House Number: 8506
  • Address - Street Name: Reid
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Britt
  • Carrier Code: R002
  • 4-Digit Zip Code: 8032
  • Zip Code: 55710

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,282
  • Tax Rate Code Area: CITY OF MT

    Appraisal Valuation

  • Standard Deviation: 0.2357
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 67
  • Final Value: 243,003
  • High Value: 300,285
  • Low Value: 185,721

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,600
  • First Open Lien Mortgage Lender: AGSTAR FINANCIAL SERVICES ACA
  • First Open Lien Mortgage Recording Date: May 20, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $157,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2045

    Market Valuation

  • Market Total Value: $142,600
  • Market Land Value: $53,600
  • Market Improvement Value: $89,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $142,600
  • Assessed Land Value: $53,600
  • Assessed Improvements Value: $89,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 29, 2015
  • Current Sale Recording Date: May 20, 2015
  • Current Sale Transaction ID: 1224012792
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1260810

    Last Sale Mortgage

  • First Mortgage Lender: AGSTAR FINANCIAL SERVICES ACA
  • First Mortgage Transaction Date: May 20, 2015
  • First Mortgage Loan Amount: $157,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Mountain Iron



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Frequently Asked Questions

What neighborhood is 8506 Reid Road located in?
The 8506 Reid Road is a located in the neighborhood of Mountain Iron in Mountain Iron, Britt.
What is the average sales price for listings in 8506 Reid Road?
The average sales price for units in 8506 Reid Road is $0 currently.

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