NOT LISTED FOR SALE

1003 E Territorial Rd Spring Valley, MN 55975

Estimated Value: $237,303 - $312,000

3 Beds
1.5 Baths
2,125 Sq Ft
$132/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $120,000 $56 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,581/month

279 Days on Market

Highlights

  • Barn
  • Wood Burning Stove
  • 3 Car Detached Garage
  • RV Access or Parking
  • Workshop
  • Eat-In Kitchen

About This Home

As of July 2013

ACREAGE 4.5 acres 1/2 mile outside Spring Valley ideal location!, newly fenced pasture & hay field, 3 bedroom farm house, new septic system, 30'x47' heated shop with overhead doors, outside wood burner, numerous misc. out buildings

Last Agent to Sell the Property

Matthew Fowler

Fowler Realty Listed on: 09/29/2012

Last Buyer's Agent

Nate Carlson

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1900

Lot Details

  • 4.5 Acre Lot
  • Property has an invisible fence for dogs
  • Electric Fence
  • Irregular Lot
  • Many Trees

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,125 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Combination Kitchen and Dining Room
  • Workshop
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Unfinished Basement

  • Partial Basement
  • Stone Basement

Parking

  • 3 Car Detached Garage
  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Storage Shed

Farming

  • Barn
  • Tillable Land
  • 1 Acre of Pasture
  • Hobby or Recreation Farm
  • Machine Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 360017000

Home Details

Home Type

Single Family

Year Built

1900

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Gravel, Electric Fenced, Invisible Fencing, RV Parking
  • Estimated Number of Acres: 4.5
  • Estimated Pasture Acres: 1
  • Estimated Tillable Acres: 2
  • Hobby Farm: Yes
  • Mechanicals: Water Heater-Electric
  • Parcel Number: 360017000
  • Stories: 2 Story
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Dishwasher, Range/Stove
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2125
  • Total Fin Square Footage: 2125
  • Total Square Footage: 2575

Exterior Features

  • Frontage Road: City, Gravel
  • Soil Type: Loam
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Out Buildings: Barn, Machine Shed, Storage Shed, Workshop

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Wood
  • Heat: Forced Air, Wood Stove
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 4.5 acres
  • Lot/Land Description: Irregular Lot, Tillable, Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2012
Closed on
Jul 19, 2013
Sold by
Wendt Daniel W
Bought by
Mills Alan and Staver Stephanie
Seller's Agent
Matthew Fowler
Fowler Realty
Buyer's Agent
Nate Carlson
Keller Williams Premier Realty
List Price
$149,900
Sold Price
$120,000
Premium/Discount to List
-$29,900
-19.95%
Current Estimated Value
$266,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,260
Avg. Annual Appreciation
7.01%
Original Mortgage
$110,970
Outstanding Balance
$81,032
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$198,544

Purchase Details

Closed on
Jun 26, 2009
Sold by
Kohn Carol J
Bought by
Wendt Daniel W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mills Alan $123,300 None Available
Wendt Daniel W $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Alan $110,970
Previous Owner Wendt Daniel W $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2013 07/26/13 Sold $120,000 -19.9% $56 / Sq Ft
07/05/2013 07/05/13 Pending -- -- --
09/29/2012 09/29/12 For Sale $149,900 -- $71 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,440 $185,200 $70,000 $115,200
2024 $2,440 $158,900 $59,500 $99,400
2023 $1,868 $158,900 $59,500 $99,400
2022 $1,868 $150,100 $50,000 $100,100
2021 $1,868 $124,900 $40,600 $84,300
2020 $1,850 $124,900 $40,600 $84,300
2019 $1,596 $115,900 $40,600 $75,300
2018 $1,312 $115,900 $40,600 $75,300
2017 -- $102,900 $38,700 $64,200
2016 $1,252 $100,700 $37,900 $62,800
2015 $1,268 $74,000 $27,832 $46,168
2014 $1,268 $72,200 $27,614 $44,586
2013 $1,268 $74,700 $27,931 $46,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4406873

REALTOR® Association of Southern Minnesota

APN: 36.0017.000