NOT LISTED FOR SALE

1261 50th St Ceylon, MN 56121

Estimated Value: $31,807 - $130,000

2 Acres
$32,634 Price per Acre
87,120 Sq Ft Lot

Last Sold June 14, 2021

Last sale price $26,000

Est. 151% increase in value since last sale

Current estimated payment $352/month

2 Days on Market

Highlights

  • Waterfront
  • Access to stream, creek or river
  • Many Trees

About This Lot

As of June 2021

This 2 acre parcel is a little slice of Heaven! Nestled on a dead end road along a creek, this property has many possibilities. Whether you are looking for a weekend retreat property, hunting spot or if you are looking for a place to build, this might be the property for you! Electricity to the property and well currently on the property.

Last Agent to Sell the Property

Vonnie Cone

RE/MAX TOTAL REALTY License #20548089 Listed on: 05/17/2021

RE/MAX TOTAL REALTY

Last Buyer's Agent

Alexander Phippen

TRUE REAL ESTATE License #40666915

TRUE REAL ESTATE

Property Details

Property Type

  • Land

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 215x400
  • Waterfront
  • Many Trees

Parking

  • Gravel Driveway

Additional Features

  • Access to stream, creek or river
  • Private Company Owned Well

Listing and Financial Details

  • Assessor Parcel Number 100130700

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Seasonal Recreational
  • Sub Type: Recreational
  • Amenities Exterior: Driveway - Gravel
  • L V T Date: 05/17/2021
  • Parcel Number: 100130700
  • Street Designation: Street
  • Estimated Number of Acres: 2
  • Additional Information: Abstract
  • Development Status: Raw Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Creek/Stream
  • Waterfront: Yes
  • Waterfront Description: Creek/Stream

Utilities

  • Available Utilities: Electric, Private Well
  • On Site Utilities: Electric, Private Well

Lot Info

  • Lot/Land Description: Tree Coverage - Heavy
  • Estimated Lot Dimensions: 215x400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2024
Sold by
Friedrich Kay and Friedrich Merril D
Bought by
Merril D And Kay A Friedrich Trust
Current Estimated Value
$65,269

Purchase Details

Closed on
Nov 28, 2023
Sold by
Friedrich Kay and Friedrich Merril
Bought by
Friedrich Kay and Friedrich Merril

Purchase Details

Listed on
May 17, 2021
Closed on
Jun 14, 2021
Sold by
Brown Matthew R and Brown Angela J
Bought by
Phippen Alexander and Phippen Nathan
Seller's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
Buyer's Agent
Alexander Phippen
TRUE REAL ESTATE
List Price
$29,900
Sold Price
$26,000
Premium/Discount to List
-$3,900
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.37%
Original Mortgage
$18,200
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 28, 2013
Sold by
Martin Rebecca A
Bought by
Brown Matthew R and Brown Angela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Merril D And Kay A Friedrich Trust $500 None Listed On Document
Friedrich Kay $500 Minnesota River Valley Title
Phippen Alexander $26,000 Jenkinson Abstract Company
Brown Matthew R $7,500 None Available
Phippen Alexander Alexander $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phippen Alexander $18,200
Previous Owner Brown Matthew R $10,000
Closed Phippen Alexander Alexander $18,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $26,000 -13.0% --
05/19/2021 05/19/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $29,900 -- --
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 $136 $17,500 $17,500 $0
2024 $128 $17,500 $17,500 $0
2023 $122 $17,500 $17,500 $0
2022 $122 $14,100 $14,000 $100
2021 $98 $12,100 $12,000 $100
2020 $100 $12,100 $12,000 $100
2019 $98 $12,100 $12,000 $100
2018 $98 $12,100 $12,000 $100
2017 $54 $6,700 $6,600 $100
2016 $52 $6,700 $6,600 $100
2015 $46 $6,700 $6,600 $100
2013 $123 $10,600 $10,301 $299
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Vonnie Cone

    RE/MAX

    Section Image
  • Alexander Phippen

    Buyer's Agent in 2021

    Alexander Phippen

    TRUE REAL ESTATE

    (507) 525-6022

    169 Total Sales

    Alexander Phippen
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7027019

REALTOR® Association of Southern Minnesota

APN: 100130700

Minnesota Martin County Ceylon 56121

1261 50th St, Ceylon, MN

Not Listed for Sale

Lots

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