NOT LISTED FOR SALE

112 1st St S Nerstrand, MN 55053

Estimated Value: $103,000 - $173,000

2 Beds
1 Bath
1,168 Sq Ft
$124/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $65,000 $56 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $913/month

132 Days on Market

Highlights

  • Deck
  • Water Softener is Owned
  • 1-Story Property
  • 1 Fireplace
  • Forced Air Heating System

About This Home

As of July 2018

Come see this updated 1 story home in Nerstrand, a quaint hamlet just 10 minutes from Northfield. This house features many updates, including: siding, flooring, windows and mechanicals. Big deck for entertaining, breakfast bar, storage shed, and new furnace installed last year.

Last Listed By

Kyle Borchert

Edina Realty, Inc. Listed on: 08/24/2017

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $504

Year Built

  • Built in 1964

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 62x140
  • Irregular Lot

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,168 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2114127005

Home Details

Home Type

Single Family

Est. Annual Taxes

$504

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Window
  • Outside Features: Vinyl
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fuel Type: Propane
  • Year Built: 1964
  • Above Grade Finished Sq Ft: 1168.00
  • Above Grade Finished Area Search: 1168.00
  • Assessment Pending Y N: Yes
  • Carport Y N: No
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 3982
  • Listing Organization: Iowa
  • Living Area Finished: 1168.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 2114127005
  • Rental License: No
  • Stories Type: One
  • Tax Assessment Balance: 40.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: None
  • Appliances: Range, Refrigerator, Water Softener - Owned
  • Dining Room Features: Kitchen/Dining Room
  • Bathroom Type: Main Floor Full Bath
  • Fireplace: Yes
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Metal
  • PoolFeatures: None

Garage/Parking

  • Parking Features: Driveway - Gravel

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Association/Amenities

  • Property Amenities: Deck

Schools

  • School District: 656 - Faribault
  • School District Phone: 507-333-6016

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Assessment Pending: Yes
  • Lot Size: 62x140
  • Homestead: Yes
  • Lot Features: Irregular Lot
  • Lot Size Acres: 0.2000
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: NERSTRAND 1ST ADD E2 L3 & ALL L4-5 B3
  • Tax Amount: 504.00
  • Tax Year: 2016
  • Tax With Assessments: 544.00
  • Assessor Parcel Number: 2114127005

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 656 - Faribault

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2017
Closed on
Jul 25, 2018
Sold by
Schmitt Dustan
Bought by
Zenner Michael A and Zenner Letti A
Seller's Agent
Kyle Borchert
Edina Realty, Inc.
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%
Total Days on Market
132
Current Estimated Value
$144,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,758
Avg. Annual Appreciation
12.53%
Original Mortgage
$67,275
Outstanding Balance
$25,253
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$119,505

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

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
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

Property History

Date Event Price Change Sq Ft Price
07/25/2018 07/25/18 Sold $65,000 -5.8% $56 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
11/10/2017 11/10/17 Price Changed $69,000 -8.0% $59 / Sq Ft
09/28/2017 09/28/17 For Sale $75,000 0.0% $64 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $75,000 -- $64 / 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 $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

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4868710

NorthstarMLS

APN: 21.14.1.27.005