NOT LISTED FOR SALE

108 4th St SW Pine Island, MN 55963

Estimated Value: $165,000 - $191,000

2 Beds
1 Bath
1,878 Sq Ft
$98/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $145,000 $77 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,319/month

74 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Family Room
  • Living Room

About This Home

As of December 2022

Great opportunity. Affordable home with abundance of character. Older stone home with vinyl siding on the addition. Newer roof and some new windows. Sizable lot with large one-car garage for larger vehicle. Kitchen appliances as well as W/D. Laundry could be moved to main floor. Quite large main floor with one step up to family room from living room. Deck.

Last Agent to Sell the Property

Mark Paukert

Property Brokers of Minnesota Listed on: 09/15/2022

Last Buyer's Agent

Elizabeth Burch

Re/Max Results

Re/Max Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,096

Year Built

  • Built in 1880

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 73 x 113

Parking

  • 1 Car Garage

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Stone or Rock in Basement

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 682600640

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,096

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 1478
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Stone/Rock, Walkout
  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Living Area: 1878
  • Fireplace: No
  • Below Grade Finished Sq Ft: 400
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • ConstructionMaterialsDesc: Stone

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 308

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Pine Island
  • SchoolDistrictNumber: 255
  • SchoolDistrictPhone: 507-356-4849

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 73 x 113
  • Lot Size Sq Ft: 8276.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 682600640
  • Tax Annual Amount: 2096
  • TaxWithAssessments: 2096.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Dec 15, 2022
Sold by
Mertesdorf James E
Bought by
Wilson Sally
Seller's Agent
Mark Paukert
Property Brokers of Minnesota
Buyer's Agent
Elizabeth Burch
Re/Max Results
List Price
$174,900
Sold Price
$145,000
Premium/Discount to List
-$29,900
-17.1%
Views
21
Current Estimated Value
$183,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,536
Avg. Annual Appreciation
8.78%
Original Mortgage
$116,000
Outstanding Balance
$112,519
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$71,017
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
Wilson Sally $145,000 --
Wilson Sally $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Sally $116,000
Closed Wilson Sally $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $145,000 -3.3% $77 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
10/28/2022 10/28/22 Price Changed $149,900 -9.1% $80 / Sq Ft
10/11/2022 10/11/22 Price Changed $164,900 -5.7% $88 / Sq Ft
10/01/2022 10/01/22 For Sale $174,900 +20.6% $93 / Sq Ft
09/21/2022 09/21/22 Off Market $145,000 -- --
09/15/2022 09/15/22 For Sale $174,900 -- $93 / 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
2025 $4,146 $183,300 $43,700 $139,600
2024 -- $183,300 $43,700 $139,600
2023 $2,336 $177,700 $43,700 $134,000
2022 $2,096 $159,700 $33,100 $126,600
2021 $1,782 $134,300 $33,100 $101,200
2020 $1,660 $124,700 $26,500 $98,200
2019 $1,394 $117,600 $26,500 $91,100
2018 $1,222 $103,300 $26,500 $76,800
2017 $1,048 $93,800 $26,500 $67,300
2016 $1,026 $86,800 $26,500 $60,300
2015 $892 $84,500 $26,500 $58,000
2014 -- $82,000 $29,800 $52,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6261041

NorthstarMLS

APN: 68.260.0640