NOT LISTED FOR SALE

1390 1390 Railroad Ave Orono, MN 55391

Estimated Value: $235,000 - $1,205,000

2 Beds
1 Bath
912 Sq Ft
$589/Sq Ft Est. Value

Last Sold November 07, 2013

Last sale price $137,000 $150 Per Sq Ft

Est. 292% increase in value since last sale

Current estimated payment $3,019/month

86 Days on Market

Highlights

  • 2 Car Detached Garage
  • Eat-In Kitchen
  • 1-Story Property
  • Schumann Elementary School Rated A-
  • Bathroom on Main Level
  • Forced Air Heating System

About This Home

As of November 2013

Easy access to schools, shopping, parks, Lake Minnetonka, Wayzata with the metro trail out the front door. Nice investment opportunity. Sold as-is. Currently rented.

Last Agent to Sell the Property

Daniel Ward

Coldwell Banker Burnet Listed on: 08/13/2013

Co-Listed By

Brad Wellenstein

Coldwell Banker Burnet

Last Buyer's Agent

Brad Wellenstein

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,625

Year Built

  • Built in 1954

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 59x125
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Private Water Source

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 1011723310005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,625

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 0.17
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 768
  • Parcel Number: 1011723310005
  • Potential Short Sale: Yes
  • Projected Closed Date: 11/07/2013
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1625
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Cooktop, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 14x12, On Level: Main
  • Room 4: Kitchen, 10x10, On Level: Main
  • Room 5: Bedroom, 12x12, On Level: Main
  • Room 6: Bedroom, 12x11, On Level: Main
  • Basement Style: Crawl Space, Partial
  • Finished Above Grade Sq Ft: 768
  • Below Grade Finished Sq Ft: 144
  • Total Fin Square Footage: 912

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: Private

Schools

  • School District: Orono #278

Lot Info

  • Estimated Lot Dimensions: 59x125
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1954

Tax Info

  • Year: 2013
  • Tax Value: 1625

MLS Schools

  • School District: Orono #278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2015
Sold by
Rcl 828 Llc
Bought by
Larson Robert C
Current Estimated Value
$537,365

Purchase Details

Listed on
Aug 13, 2013
Closed on
Nov 26, 2013
Sold by
Larson Robert C
Bought by
Rcl828 Llc
Seller's Agent
Daniel Ward
Coldwell Banker Burnet
Buyer's Agent
Brad Wellenstein
Coldwell Banker Burnet
List Price
$149,900
Sold Price
$137,000
Premium/Discount to List
-$12,900
-8.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.14%

Purchase Details

Listed on
Aug 13, 2013
Closed on
Nov 5, 2013
Sold by
Groethe Hill Investments Llp
Bought by
Larson Robert C
Seller's Agent
Daniel Ward
Coldwell Banker Burnet
Buyer's Agent
Brad Wellenstein
Coldwell Banker Burnet
List Price
$149,900
Sold Price
$137,000
Premium/Discount to List
-$12,900
-8.61%

Purchase Details

Closed on
Jun 27, 2002
Sold by
Reiss Elaine
Bought by
Groethe-Hill Investment Llp
Source: Public Records

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
Larson Robert C -- None Available
Rcl828 Llc -- None Available
Larson Robert C $137,000 Burnet Title
Groethe-Hill Investment Llp $169,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2013 11/07/13 Sold $137,000 -8.6% $150 / Sq Ft
11/07/2013 11/07/13 Pending -- -- --
08/13/2013 08/13/13 For Sale $149,900 -- $164 / Sq Ft
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
2024 $1,908 $215,800 $107,300 $108,500
2023 $1,894 $214,200 $104,500 $109,700
2022 $1,605 $184,000 $80,000 $104,000
2021 $1,549 $167,000 $80,000 $87,000
2020 $1,465 $162,000 $74,000 $88,000
2019 $1,513 $149,000 $63,000 $86,000
2018 $1,521 $151,000 $74,000 $77,000
2017 $1,485 $145,000 $74,000 $71,000
2016 $1,401 $139,000 $74,000 $65,000
2015 $1,707 $151,000 $81,000 $70,000
2014 -- $144,000 $85,000 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4519490

REALTOR® Association of Southern Minnesota

APN: 10-117-23-31-0005