$175,000
SOLD AUG 12, 2025

122 3rd St E Morgan, MN 56266

4 Beds
2 Baths
2,156 Sq Ft
10,629 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

8% Below List Price

19 Days on Market

Highlights

  • No HOA
  • Patio
  • Laundry Room
  • 1 Car Attached Garage
  • Living Room
  • 1-Story Property

About This Home

As of August 2025

Beautiful 4 bed 2 bath Rambler style home located close to the city swimming pool and the school. This property offers an additional 24x27 detached garage that is fully heated and insulated as well as a large outdoor cement patio. Call today to schedule your showing.

Last Agent to Sell the Property

Zachary Kerkhoff

Kerkhoff Auction & Real Estate Listed on: 06/20/2025

Last Buyer's Agent

Zachary Kerkhoff

Kerkhoff Auction & Real Estate Listed on: 06/20/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,540

Year Built

  • Built in 1959

Lot Details

  • 10,629 Sq Ft Lot
  • Lot Dimensions are 75x140
  • Partially Fenced Property

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Electric Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Block Basement Construction
  • Basement Window Egress

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Steinhaus Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 867650020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,540

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1959
  • Above Grade Finished Sq Ft: 1232
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Partially Finished
  • Fireplace Features: Electric
  • Living Area: 2156
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 924
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Kitchen, Living Room, Dining Room, Bedroom 2, Bedroom 3, Bathroom, Family Room, Bedroom 4, Laundry

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • Fencing: Partial
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Detached, Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Fuses, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Cedar Mountain
  • SchoolDistrictPhone: 507-249-5990

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75x140
  • Lot Size Sq Ft: 10628.64
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Slate

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 867650020
  • Tax Annual Amount: 1540
  • TaxWithAssessments: 1540.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2025
Closed on
Aug 8, 2025
Sold by
Harmon Alexander and Harmon Samantha
Bought by
Kaardal Cade and Kaardal Mckayla
Seller's Agent
Zachary Kerkhoff
Kerkhoff Auction & Real Estate
Buyer's Agent
Zachary Kerkhoff
Kerkhoff Auction & Real Estate
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Views
12
Current Estimated Value
$170,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,034
Avg. Annual Appreciation
-6.11%
Original Mortgage
$166,250
Outstanding Balance
$166,107
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$4,859

Purchase Details

Closed on
Jul 1, 2020
Sold by
Rahe Anthony Anthony
Bought by
Harmon Alexander Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,500
Interest Rate
3.13%

Purchase Details

Closed on
Dec 2, 2013
Bought by
Rahe Anthony G and Rahe Kelly L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $175,000 --
Deed $85,000 --
Deed $61,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $166,250 New Conventional
Previous Owner $84,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2025 08/12/25 Sold $175,000 -5.4% $81 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
06/30/2025 06/30/25 Price Changed $185,000 -2.6% $86 / Sq Ft
06/20/2025 06/20/25 For Sale $189,900 -- $88 / 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 $1,788 $138,000 $5,100 $132,900
2024 $1,540 $138,500 $5,100 $133,400
2023 $1,340 $113,700 $5,100 $108,600
2022 $1,270 $91,300 $5,100 $86,200
2021 $1,194 $83,100 $5,400 $77,700
2020 $1,236 $81,500 $5,400 $76,100
2019 $1,252 $79,400 $5,400 $74,000
2018 $964 $79,400 $5,400 $74,000
2017 $964 $0 $0 $0
2016 $896 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6742213

NorthstarMLS

APN: 86-765-0020