112 1st St S Nerstrand, MN 55053
Estimated Value: $144,974 - $170,000
2
Beds
1
Bath
1,168
Sq Ft
$137/Sq Ft
Est. Value
About This Home
This home is located at 112 1st St S, Nerstrand, MN 55053 and is currently estimated at $159,658, approximately $136 per square foot. 112 1st St S is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 25, 2018
Sold by
Schmitt Dustan
Bought by
Zenner Michael A and Zenner Letti A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,275
Outstanding Balance
$25,253
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$134,405
Purchase Details
Closed on
Oct 2, 2015
Sold by
Korbel Jared Jared
Bought by
Schmitt Dustan Dustan
Purchase Details
Closed on
Jul 27, 2001
Sold by
Johnson Russell D
Bought by
Anderson Rex W
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zenner Michael A | $65,000 | Titlesmart Inc | |
| Schmitt Dustan Dustan | $51,000 | -- | |
| Anderson Rex W | $48,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zenner Michael A | $67,275 |
Source: Public Records
Tax History Compared to Growth
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 | $1,324 | $131,000 | $45,600 | $85,400 |
| 2024 | $1,324 | $103,300 | $38,000 | $65,300 |
| 2023 | $1,188 | $103,300 | $38,000 | $65,300 |
| 2022 | $1,120 | $94,300 | $34,900 | $59,400 |
| 2021 | $1,100 | $84,500 | $30,400 | $54,100 |
| 2020 | $888 | $83,400 | $30,400 | $53,000 |
| 2019 | $564 | $67,900 | $30,400 | $37,500 |
| 2018 | $560 | $64,900 | $30,400 | $34,500 |
| 2017 | $562 | $62,800 | $30,400 | $32,400 |
| 2016 | $544 | $62,000 | $30,400 | $31,600 |
| 2015 | $520 | $58,300 | $28,900 | $29,400 |
| 2014 | -- | $61,100 | $28,900 | $32,200 |
Source: Public Records
Map
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