NOT LISTED FOR SALE

108 E Farmer St Spring Valley, MN 55975

Estimated Value: $273,000 - $312,092

3 Beds
2 Baths
2,940 Sq Ft
$97/Sq Ft Est. Value

Last Sold December 05, 2014

Last sale price $160,000 $54 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,840/month

20 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Patio
  • Wood Flooring
  • Eat-In Kitchen
  • Landscaped with Trees

About This Home

As of December 2014

Picture perfect inside and out & nearly half acre lot! Check out this well kept home with real hardwood floors, cozy wood fireplace, updated kitchen and baths, newer windows and siding, huge sunroom off the back, gorgeous landscaped yard with deck and patio. Extra garage/workshop 20x25.

Last Agent to Sell the Property

Debra Quimby

RE/MAX Results - Rochester Listed on: 10/07/2014

Last Buyer's Agent

Kevin Grabau

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,540

Year Built

  • Built in 1961

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 72x282
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Steel Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Natural lighting in basement

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 360654010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,540

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.47
  • Mechanicals: Water Heater-Gas, Water Softener-Rented
  • Parcel Number: 360654010
  • Room 18: On Level: Main
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 1540
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Bar, Combine with Kitchen
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 2: On Level: Main
  • Room 3: On Level: Lower
  • Room 4: On Level: Main
  • Room 6: On Level: Lower
  • Room 9: On Level: Main
  • Room 12: On Level: Main
  • Room 13: On Level: Main
  • Basement Features: Daylight/Lookout Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1720
  • Below Grade Finished Sq Ft: 1220
  • Total Fin Square Footage: 2940
  • Total Square Footage: 2940

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Steel

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 72x282
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1961

Tax Info

  • Year: 2014
  • Tax Value: 1540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2014
Closed on
Dec 12, 2014
Sold by
Pennington Matthew J and Pennington Christine M
Bought by
Drinkall Kathryn J
Seller's Agent
Debra Quimby
RE/MAX Results - Rochester
Buyer's Agent
Kevin Grabau
Coldwell Banker Burnet
List Price
$154,900
Sold Price
$160,000
Premium/Discount to List
$5,100
3.29%
Current Estimated Value
$285,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,273
Avg. Annual Appreciation
5.53%
Original Mortgage
$152,000
Outstanding Balance
$117,066
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$168,207

Purchase Details

Closed on
Jun 16, 2008
Sold by
Andersen Alan J and Andersen Michelle W
Bought by
Pennington Matthew J and Pennington Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,500
Interest Rate
6.05%
Mortgage Type
New Conventional
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
Drinkall Kathryn J $160,000 None Available
Pennington Matthew J $157,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drinkall Kathryn J $152,000
Previous Owner Pennington Christine M $153,750
Previous Owner Pennington Matthew J $156,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2014 12/05/14 Sold $160,000 +3.3% $54 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
10/07/2014 10/07/14 For Sale $154,900 -- $53 / 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 $3,424 $244,900 $23,400 $221,500
2024 $3,424 $221,400 $23,400 $198,000
2023 $3,250 $221,400 $23,400 $198,000
2022 $3,250 $190,000 $23,400 $166,600
2021 $3,250 $194,700 $16,600 $178,100
2020 $3,218 $194,700 $16,600 $178,100
2019 $2,634 $170,200 $16,600 $153,600
2018 -- $170,200 $16,600 $153,600
2017 -- $153,200 $16,600 $136,600
2016 $1,778 $149,200 $16,600 $132,600
2015 $1,682 $106,800 $13,472 $93,328
2014 $1,682 $96,200 $13,100 $83,100
2013 $1,682 $100,200 $13,243 $86,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4682172

REALTOR® Association of Southern Minnesota

APN: 36.0654.010