NOT LISTED FOR SALE

118 5th St SW Melrose, MN 56352

Estimated Value: $257,000 - $327,000

4 Beds
3.5 Baths
3,126 Sq Ft
$93/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $239,900 $77 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,699/month

2 Days on Market

Highlights

  • No HOA
  • Patio
  • 1-Story Property
  • 2 Car Attached Garage
  • Living Room
  • Central Air

About This Home

As of July 2023

Square footage, updates, amenities and location, this one's got it all! Steel siding, updated windows, & new roof , this 4 main floor bedroom (4th BR set up for MF laundry) rambler may be just what you've been searching for, located in quiet neighborhood with no through traffic! Spacious bedrooms including a private primary suite, large living room with tons of natural light, well-equipped kitchen & lower-level family room w/ bar, ideal for entertaining! Make this home your own and enjoy a 5th bedroom in lower with the addition of egress, some original hardwood floors, insulated double attached garage, large lot! Come home to this fantastic neighborhood and make this home your own!

Last Agent to Sell the Property

Jeanne Kraemer

Central MN Realty LLC Listed on: 06/02/2023

Central MN Realty LLC

Last Buyer's Agent

Aimee Hegg

Central MN Realty LLC

Central MN Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,322

Year Built

  • Built in 1963

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 88x140

Parking

  • 2 Car Attached Garage

Home Design

  • Steel Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Hot Water Heating System
  • 200+ Amp Service
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Freemans Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 66367180000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,322

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1963
  • Above Grade Finished Sq Ft: 1906
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 3126
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1220
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • SqFtTotal: 3332.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Electric
  • Power Company: Other

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Melrose
  • SchoolDistrictPhone: 320-256-4224

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 88x140
  • Lot Size Sq Ft: 12196.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 66367180000
  • Tax Annual Amount: 2322
  • TaxWithAssessments: 2322.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 10, 2023
Sold by
Lamberson Kyle and Lamberson Nadine
Bought by
Propst Luke and Propst Jill
Seller's Agent
Jeanne Kraemer
Central MN Realty LLC
Buyer's Agent
Aimee Hegg
Central MN Realty LLC
List Price
$234,900
Sold Price
$239,900
Premium/Discount to List
$5,000
2.13%
Views
16
Current Estimated Value
$289,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,077
Avg. Annual Appreciation
8.59%
Original Mortgage
$237,400
Outstanding Balance
$231,502
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$58,475
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
Propst Luke $239,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Propst Luke $237,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2023 07/10/23 Sold $239,900 +2.1% $77 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $234,900 +73.4% $75 / Sq Ft
07/31/2014 07/31/14 Sold $135,500 -3.1% $43 / Sq Ft View Prior Sale
07/14/2014 07/14/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $139,900 -- $45 / 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 $2,086 $290,100 $26,400 $263,700
2024 $2,086 $211,100 $22,000 $189,100
2023 $2,490 $238,900 $22,600 $216,300
2022 $2,066 $177,900 $22,600 $155,300
2021 $2,068 $177,900 $22,600 $155,300
2020 $2,108 $166,600 $22,600 $144,000
2019 $2,030 $166,200 $22,600 $143,600
2018 $1,982 $147,900 $22,600 $125,300
2017 $1,906 $143,100 $22,600 $120,500
2016 $1,854 $0 $0 $0
2015 $1,818 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6375681

NorthstarMLS

APN: 66.36718.0000