NOT LISTED FOR SALE

122 2nd St NW Elbow Lake, MN 56531

Estimated Value: $56,000 - $152,000

4 Beds
2 Baths
1,968 Sq Ft
$52/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $40,000 $20 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $768/month

1 Day on Market

Highlights

  • 1 Fireplace
  • Living Room
  • Forced Air Heating System
  • No HOA
  • 1-Story Property
  • Family Room

About This Home

As of December 2023

Great investment property. Price well below assessment value.

Last Agent to Sell the Property

Megan Neubauer

Trilogy Real Estate Listed on: 10/10/2023

Co-Listed By

Jane Neubauer

Trilogy Real Estate

Last Buyer's Agent

Jane Neubauer

Trilogy Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 10,411 Sq Ft Lot

Parking

  • 1 Car Garage

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Propane

Community Details

  • No Home Owners Association
  • Lake View Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 190543000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1080
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 28x22
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Living Area: 1968
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 888
  • Basement YN: Yes
  • Dining Room Type: Living Room, Bedroom 1, Bedroom 2, Kitchen, Bathroom, Family Room, Bedroom 3, Bedroom 4
  • SqFtTotal: 1968.00

Beds/Baths

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

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 400

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: West Central Area
  • SchoolDistrictNumber: 2342
  • SchoolDistrictPhone: 320-528-2650

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: .
  • Lot Size Sq Ft: 10410.84
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 190543000
  • Tax Annual Amount: 1194
  • TaxWithAssessments: 1194.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Nov 22, 2023
Sold by
Dinero Line Property Solutions Llc
Bought by
Stonybrook Properties Llp
Seller's Agent
Megan Neubauer
Trilogy Real Estate
Buyer's Agent
Jane Neubauer
Trilogy Real Estate
List Price
$40,000
Sold Price
$40,000
Views
12
Current Estimated Value
$118,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,124
Avg. Annual Appreciation
73.32%

Purchase Details

Closed on
Nov 3, 2022
Sold by
Fernandez Lenore
Bought by
Dinero Line Property Solutions Llc and Pennybags Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,600
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2005
Bought by
Fernandez Lenore
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stonybrook Properties Llp $20,000 None Listed On Document
Dinero Line Property Solutions Llc -- --
Fernandez Lenore $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dinero Line Property Solutions Llc $88,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $40,000 0.0% $20 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $40,000 -- $20 / 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
2024 $1,466 $77,500 $7,300 $70,200
2023 $1,466 $80,100 $7,300 $72,800
2022 $834 $54,100 $5,000 $49,100
2021 $848 $52,000 $5,000 $47,000
2020 $846 $49,600 $5,000 $44,600
2019 $844 $48,900 $5,000 $43,900
2018 $802 $45,900 $5,000 $40,900
2017 $850 $0 $0 $0
2016 $788 $0 $0 $0
2015 $796 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Megan Neubauer

    Trilogy Real Estate

    (218) 205-7086

    3 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jane Neubauer

    Trilogy Real Estate

    (218) 731-4163

    43 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6445811

NorthstarMLS

APN: 19-0543-000

Minnesota Grant County Elbow Lake 56531

122 2nd St NW, Elbow Lake, MN

This home is located at 122 2nd St NW, Elbow Lake, MN 56531 since 10 October 2023 and is currently estimated at $103,061, approximately $52 per square foot. This property was built in 1900. 122 2nd St NW is a home located in Grant County with nearby schools including West Central Area Secondary School.

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