NOT LISTED FOR SALE

107 1st St NW Austin, MN 55912

Estimated Value: $284,000 - $369,000

8 Beds
5 Baths
3,895 Sq Ft
$83/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $300,000 $77 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,201/month

68 Days on Market

Highlights

  • Patio
  • Hot Water Heating System
  • 2-minute walk to Todd Park
  • Forced Air Zoned Heating and Cooling System

About This Home

As of May 2024

Here is an opportunity to own a unique property. This property has a fully remodeled 5-bedroom home as well as a separate office and also a building that has a duplex. Must see it to appreciate.

Last Agent to Sell the Property

Jacob Smith

eXp Realty Listed on: 01/26/2024

eXp Realty

Last Buyer's Agent

Alex Brainard

Harbor Realty & Management Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,724

Year Built

  • Built in 1913

Lot Details

  • 4,792

Home Design

  • Flat Roof Shape
  • Architectural Shingle Roof
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Hot Water Heating System
  • Boiler Heating System
  • 100 Amp Service

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for gas, grounds care, repairs, sewer, snow removal, water
  • Assessor Parcel Number 341850120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,724

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Other
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Patio
  • Year Built: 1913
  • Above Grade Finished Sq Ft: 3712
  • Water Sewer Expenses: 575
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Full, Partially Finished
  • Living Area: 3895
  • Below Grade Finished Sq Ft: 183
  • Owner Pays: Gas, Grounds Care, Repairs, Sewer, Snow Removal, Water
  • Basement YN: Yes
  • Amenities: Custom Cabinetry,City View,Open Floorplan,Patio,Panoramic View
  • Appliances: Dryer,Gas Water Heater
  • Total Rooms: 5
  • Amenities: Custom Cabinetry,Open Floorplan,Patio
  • Appliances: Dryer,Range
  • Total Rooms: 4
  • Amenities: Custom Cabinetry,City View,French Doors,Historic/Period Millwork,Open Floorplan,Paneled Doors,Panoramic View
  • Appliances: Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Stainless Steel Appliances
  • Total Rooms: 12
  • Amenities: Built-In Bookcases,Ceiling Fan(s),Custom Cabinetry,City View,Ethernet Wired,French Doors,Paneled Doors,Panoramic View,Special Millwork
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Age Over 8 Years, Age 8 Years or Less, Architectural Shingle, Flat, Rubber
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Parking Lot
  • Garage Square Feet: 0

Utilities

  • Heating: Boiler, Forced Air, Hot Water, Zoned
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Three

Schools

  • Junior High Dist: Austin
  • SchoolDistrictNumber: 492
  • SchoolDistrictPhone: 507-460-1900

Lot Info

  • Lot Size: Irregular
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 4

Rental Info

  • Expenses: 7893.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 341850120
  • Tax Annual Amount: 4724
  • TaxWithAssessments: 4724.0000

Multi Family

  • ElectricExpense: 653
  • FuelExpense: 1637
  • Number Of Refrigerators: Three

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
May 1, 2024
Sold by
Js2 Properties Llc
Bought by
Nierman Samuel
Seller's Agent
Jacob Smith
eXp Realty
Buyer's Agent
Alex Brainard
Harbor Realty & Management Group LLC
List Price
$324,900
Sold Price
$300,000
Premium/Discount to List
-$24,900
-7.66%
Views
102
Current Estimated Value
$322,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,508
Avg. Annual Appreciation
6.64%
Original Mortgage
$225,000
Outstanding Balance
$222,858
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$103,693

Purchase Details

Closed on
Apr 23, 2008
Sold by
Caspers Delores J and Cameron Bonita L
Bought by
Js2 Properties Llc
Source: Public Records

Range of Values:

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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
Nierman Samuel $300,000 --
Js2 Properties Llc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nierman Samuel $225,000
Previous Owner Js2 Properties Llc $31,500
Previous Owner Js2 Properties Llc $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $300,000 -3.2% $77 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/02/2024 03/02/24 Price Changed $309,900 -4.6% $80 / Sq Ft
01/26/2024 01/26/24 For Sale $324,900 -- $83 / Sq Ft
Source: NorthstarMLS

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
2024 $5,330 $318,700 $21,300 $297,400
2023 $4,724 $280,200 $21,300 $258,900
2022 $4,032 $281,400 $21,300 $260,100
2021 $3,110 $216,600 $9,600 $207,000
2020 $2,822 $161,900 $9,600 $152,300
2018 $1,135 $139,700 $9,600 $130,100
2017 $2,270 $0 $0 $0
2016 $1,694 $0 $0 $0
2015 $1,814 $0 $0 $0
2012 $1,814 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6477454

NorthstarMLS

APN: 34-185-0120