NOT LISTED FOR SALE

127 Main St Miltona, MN 56354

Estimated Value: $133,552

2 Beds
2 Baths
2,186 Sq Ft
$61/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $95,000 $43 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $864/month

13 Days on Market

Highlights

  • Porch
  • 1-Story Property
  • Forced Air Heating System
  • Miltona Elementary School Rated 10

About This Home

As of December 2021

Commercial/residential mixed-use investment property! Fully occupied with long-term Tenants! US Post Office rents the front with a 2 BR 1 BA residential unit on the back! 1 stall-detached garage. New water heater in 2020. Furnace is 4-5 yrs old. Post-office lobby to get new letters on sign, new flooring, new sheetrock around exterior door and new paint (will be completed prior to closing so not pictured).

Last Listed By

Taylor Conn

ConnCrete Realty Solutions Listed on: 10/13/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,536

Year Built

  • Built in 1935

Lot Details

  • Lot Dimensions are 40 x 165
  • Few Trees

Parking

  • 1 Car Garage
  • Unassigned Parking

Home Design

  • Duplex
  • Rubber Roof

Interior Spaces

  • 2,186 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Shared Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Propane
  • Well

Community Details

  • 2 Units
  • Original Miltona Subdivision

Listing and Financial Details

  • Tenant pays for fuel, trash collection
  • The owner pays for electricity, fuel, insurance, taxes, water
  • Assessor Parcel Number 870070000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,536

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 1
  • Accessibility Features: Wheelchair Ramp(s)
  • Water Source: Well
  • Association Amenities: Porch
  • Year Built: 1935
  • Above Grade Finished Sq Ft: 2186
  • Water Sewer Expenses: 480
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 77 x 31
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Shared Access, Sump Pump, Unfinished
  • Living Area: 2186
  • Fireplace: No
  • Owner Pays: Electricity, Fuel, Insurance, Taxes, Water
  • Number Of Fireplaces: 0
  • Total Rooms: 5
  • Amenities: Kitchen Center Island,Porch
  • Appliances: Dryer,Gas Water Heater,Microwave,Range
  • Total Rooms: 7
  • Shared Rooms: Other
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt, Rubber
  • ConstructionMaterialsDesc: Brick,Frame,Stone

Garage/Parking

  • Parking Features: Detached, Gravel, Unassigned
  • Garage Square Feet: 480
  • Other Parking Spaces: 1

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Propane
  • Number of Ranges: One

Schools

  • Junior High Dist: Alexandria
  • SchoolDistrictNumber: 206
  • SchoolDistrictPhone: 320-762-2141

Lot Info

  • Topography: Level
  • Lot Size: 40 x 165
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Business/Commercial
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 5116.0000

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 870070000
  • Tax Annual Amount: 1536
  • TaxWithAssessments: 1536.0000

Multi Family

  • TenantPays: Fuel, Trash Collection
  • ElectricExpense: 1080
  • FuelExpense: 1000
  • Number Of Refrigerators: One

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2024
Sold by
Hcw Properties Llc
Bought by
Mpo Llc
Total Days on Market
13
Current Estimated Value
$133,552

Purchase Details

Listed on
Oct 13, 2021
Closed on
Dec 9, 2021
Seller's Agent
Taylor Conn
ConnCrete Realty Solutions
Buyer's Agent
Taylor Conn
ConnCrete Realty Solutions
List Price
$115,000
Sold Price
$95,000
Premium/Discount to List
-$20,000
-17.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%
Original Mortgage
$95,000
Interest Rate
3.1%

Purchase Details

Closed on
Jul 30, 2019
Sold by
Harren Aaron and Harren Dayaa
Bought by
Adzi Properties Llc

Purchase Details

Closed on
Feb 15, 2019
Sold by
Wood Stuart D and Wood Margaret A
Bought by
Harren Aaron and Harren Dayna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,250
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 7, 2005
Sold by
Veterans Of Foreign Wars Of The Us
Bought by
Olson Kerry J and Fokken Steve D

Range of Values:

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Average Value
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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
Mpo Llc $129,000 None Listed On Document
Adzi Properties Llc -- None Available
Harren Aaron $77,500 Integrity Title Inc
Olson Kerry J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harren Aaron $54,250
Previous Owner Fokken Steven D $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2021 12/09/21 Sold $95,000 -17.4% $43 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $115,000 -- $53 / 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 $1,434 $85,900 $9,800 $76,100
2023 $1,434 $85,600 $9,800 $75,800
2022 $1,464 $81,800 $9,800 $72,000
2021 $1,536 $78,200 $9,800 $68,400
2020 $1,302 $79,000 $9,800 $69,200
2019 $1,312 $59,100 $9,800 $49,300
2018 $1,230 $58,200 $9,600 $48,600
2017 $1,492 $58,600 $9,600 $49,000
2016 $1,464 $57,327 $9,312 $48,015
2015 $1,462 $0 $0 $0
2014 -- $53,700 $9,600 $44,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6114124

NorthstarMLS

APN: 87-0070-000