NOT LISTED FOR SALE

1005 3rd Ave SW Pipestone, MN 56164

Estimated Value: $63,000 - $108,000

1 Bed
1 Bath
609 Sq Ft
$134/Sq Ft Est. Value

Last Sold June 25, 2013

Last sale price $25,000 $41 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $471/month

117 Days on Market

Highlights

  • Deck
  • Woodwork
  • Bathroom on Main Level
  • 1 Car Detached Garage
  • Patio
  • 1-Story Property

About This Home

As of June 2013

This home is small but in very good condition. It was resided, new windows, central air and basement update including an egress window in 2006. It sits in a very nice residential part of town. The basement could be finished off. It has a newer egress window. There is also a newer high efficiency furnace included as well as a Maytag washer/dryer. The water softener is also included. The electric water heater is an AO Smith Pro Max high efficiency as well. Great home for a single person or a retired couple. This home is a Freddie Mac foreclosure and will be sold "As-is".

Last Agent to Sell the Property

Karen Burch

ACTION REALTY GROUP, INC. Listed on: 02/07/2013

Co-Listed By

Beth Ann Winter

ACTION REALTY GROUP, INC.

Last Buyer's Agent

Beth Ann Winter

ACTION REALTY GROUP, INC.

Home Details

Home Type

  • Single Family

Year Built

  • 1926

Lot Details

  • Lot Dimensions are 50' x 108'

Parking

  • 1 Car Detached Garage

Home Design

  • Poured Concrete
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 609 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Combination Dining and Living Room
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 18-540-2220

Home Details

Home Type

Single Family

Year Built

1926

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Patio
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Mechanicals: Water Heater-Electric, Water Softener-Owned, Sump Pump
  • Parcel Number: 18-540-2220
  • Range: 46-W
  • Section: 13
  • Stories: 1 Story
  • Street Designation: Avenue
  • Twp Number: 106-N
  • Percentage Of Ownership: 100
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Dining Room: Combine with Living Room
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 1
  • Bathroom Description: Main Floor 3/4 Bath
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Kitchen, 8'6"x7'5", On Level: Main
  • Room 2: Living Room, 23'5"x9'6", On Level: Main
  • Room 3: Bedroom, 11'5"x8'6", On Level: Main
  • Room 4: Other, 5'3"x5', On Level: Main
  • Basement Features: Egress Windows, Sump Pump, Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 609
  • Total Fin Square Footage: 609
  • Total Square Footage: 1137

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 50' X 108'
  • Lot/Land Description: Underground Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2023
Sold by
Olsen Justin J
Bought by
Stahl Property Management Llc
Current Estimated Value
$76,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Outstanding Balance
$42,673
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving
Estimated Equity
$38,759

Purchase Details

Listed on
Feb 7, 2013
Closed on
Jun 17, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Olsen Justin J
Seller's Agent
Karen Burch
ACTION REALTY GROUP, INC.
Buyer's Agent
Beth Ann Winter
ACTION REALTY GROUP, INC.
List Price
$44,900
Sold Price
$25,000
Premium/Discount to List
-$19,900
-44.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$26,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 25, 2006
Sold by
Wabeke Barbara A
Bought by
Windsor John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
6.85%
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stahl Property Management Llc $57,500 Pipestone Abstract & Title
Olsen Justin J -- --
Federal Home Loan Mortgage Corporation -- --
Windsor John G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stahl Property Management Llc $46,000
Previous Owner Olsen Justin J $26,000
Previous Owner Windsor John G $38,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2013 06/25/13 Sold $25,000 -44.3% $41 / Sq Ft
06/04/2013 06/04/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $44,900 -- $74 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $886 $63,400 $8,200 $55,200
2024 $886 $58,100 $8,200 $49,900
2023 $826 $56,800 $8,200 $48,600
2022 $716 $47,200 $6,800 $40,400
2021 $722 $38,100 $6,800 $31,300
2020 $666 $38,100 $6,800 $31,300
2019 $636 $37,700 $6,800 $30,900
2018 $612 $35,900 $6,800 $29,100
2017 $614 $35,600 $6,800 $28,800
2016 $566 $0 $0 $0
2015 $808 $41,900 $5,600 $36,300
2014 $808 $46,300 $3,600 $42,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4439095

REALTOR® Association of Southern Minnesota

APN: 18.540.2220

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