1253 1st Ave Gibbon, MN 55335
Studio
--
Bath
--
Sq Ft
5,227
Sq Ft Lot
About This Home
This home is located at 1253 1st Ave, Gibbon, MN 55335. 1253 1st Ave is a home located in Sibley County with nearby schools including GFW Elementary School (PreK-5th Grade), GFW Intermediate School (Grade 4-6), and G.F.W. Sr..
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 14, 2025
Sold by
Patel Group Llc
Bought by
Farmers Co-Operative Oil Company Of Renville
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,525,000
Outstanding Balance
$8,657,896
Interest Rate
4%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 13, 2025
Sold by
Patel Group Llc
Bought by
Bkc Estates Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,525,000
Outstanding Balance
$8,657,896
Interest Rate
4%
Mortgage Type
Credit Line Revolving
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Farmers Co-Operative Oil Company Of Renville | $2,983,936 | Land Title Inc | |
| Farmers Co-Operative Oil Company Of Renville | $2,983,936 | Land Title Inc | |
| Bkc Estates Llc | $500 | None Listed On Document | |
| Bkc Estates Llc | $500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Farmers Co-Operative Oil Company Of Renville | $9,525,000 | |
| Closed | Farmers Co-Operative Oil Company Of Renville | $9,525,000 |
Source: Public Records
Tax History Compared to Growth
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 | $3,584 | $138,400 | $10,500 | $127,900 |
| 2024 | $3,584 | $112,500 | $10,500 | $102,000 |
| 2023 | $4,002 | $112,500 | $6,300 | $106,200 |
| 2022 | $3,900 | $116,100 | $6,300 | $109,800 |
| 2021 | $3,926 | $105,500 | $6,300 | $99,200 |
| 2020 | $4,188 | $105,500 | $6,300 | $99,200 |
| 2019 | $5,016 | $105,500 | $0 | $0 |
| 2018 | $5,144 | $105,500 | $0 | $0 |
| 2017 | $5,646 | $105,500 | $0 | $0 |
| 2016 | $5,148 | $100,500 | $0 | $0 |
| 2015 | $4,972 | $0 | $0 | $0 |
| 2014 | $5,720 | $0 | $0 | $0 |
Source: Public Records
Map
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