NOT LISTED FOR SALE

118 N 7th St Lake City, MN 55041

Estimated Value: $246,000 - $275,166

3 Beds
2 Baths
1,988 Sq Ft
$133/Sq Ft Est. Value

Last Sold February 21, 2013

Last sale price $120,117 $60 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,588/month

63 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Corner Lot
  • Porch
  • Bathroom on Main Level

About This Home

As of February 2013

Cute 3 bedroom home located on a corner lot. Beautiful hardwood floors, open floor plan, main floor bedroom and bath. Finished lower level with a possible 4th bedroom. Updated siding and roof. One car garage with additional storage shed.

Last Agent to Sell the Property

Randy Meincke

Meincke-Schurhammer Real Estate, LL Listed on: 09/19/2012

Co-Listed By

Diane Schurhammer

Meincke-Schurhammer Real Estate, LL

Last Buyer's Agent

Greg Sprick

River Valley Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,472

Year Built

  • 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Gas Fireplace
  • Dining Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Outdoor Features

  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 220103500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,472

Year Built

1920

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Eat-In Kitchen, Hardwood Floors
  • Amenities Exterior: Porch
  • Estimated Number of Acres: 0.2
  • Assessments: Yes
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 220103500
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Dining Room: Eat-In Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Bedroom, 9x12, On Level: Main
  • Room 2: Bedroom, 11x15, On Level: Upper
  • Room 3: Bedroom, 8x16, On Level: Basement
  • Room 4: Den/Office, 7x15, On Level: Basement
  • Room 5: Dining Room, 10x13, On Level: Main
  • Room 6: Family Room, 12x15, On Level: Basement
  • Room 9: Kitchen, 13x9, On Level: Main
  • Room 11: Laundry Room, 6x12, On Level: Basement
  • Room 12: Living Room, 12x23, On Level: Main
  • Basement Features: Egress Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1288
  • Below Grade Finished Sq Ft: 700
  • Total Fin Square Footage: 1988
  • Total Square Footage: 2276

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Storage Shed

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 60x150
  • Lot/Land Description: Corner Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2012
Closed on
Feb 21, 2013
Sold by
Lake City Federal Bank
Bought by
Hofschulte Tammy
Seller's Agent
Randy Meincke
Meincke-Schurhammer Real Estate, LL
Buyer's Agent
Greg Sprick
River Valley Real Estate LLC
List Price
$118,900
Sold Price
$120,117
Premium/Discount to List
$1,217
1.02%
Current Estimated Value
$263,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,425
Avg. Annual Appreciation
6.39%
Original Mortgage
$124,628
Outstanding Balance
$87,001
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$176,541
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hofschulte Tammy $120,118 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hofschulte Tammy $124,628
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2013 02/21/13 Sold $120,117 +1.0% $60 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
09/19/2012 09/19/12 For Sale $118,900 -- $60 / 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 $2,472 $221,400 $24,600 $196,800
2024 $2,472 $210,400 $24,600 $185,800
2023 $2,928 $224,900 $24,600 $200,300
2022 $2,424 $229,000 $24,600 $204,400
2021 $2,318 $175,600 $24,600 $151,000
2020 $2,144 $167,900 $33,800 $134,100
2019 $2,190 $157,300 $22,500 $134,800
2018 $2,008 $156,500 $22,500 $134,000
2017 $1,976 $144,400 $22,500 $121,900
2016 $1,986 $0 $0 $0
2015 $1,986 $0 $0 $0
2012 $2,042 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Randy Meincke

    Meincke-Schurhammer Real Estate, LL

  • D

    Seller Co-Listing Agent in 2013

    Diane Schurhammer

    Meincke-Schurhammer Real Estate, LL

  • G

    Buyer's Agent in 2013

    Greg Sprick

    River Valley Real Estate LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4400835

REALTOR® Association of Southern Minnesota

APN: R-22.01035.00

Minnesota Wabasha County Lake City 55041

118 N 7th St, Lake City, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes