NOT LISTED FOR SALE

1402 E Lincoln Ave Montevideo, MN 56265

Estimated Value: $180,000 - $258,000

3 Beds
2 Baths
1,326 Sq Ft
$169/Sq Ft Est. Value

Last Sold May 01, 2013

Last sale price $67,000 $51 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $1,409/month

270 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • Water Softener is Owned
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of May 2013

Exceptional location and yard with just over 1/2 Acre within city limits. Plenty of room for outdoor activities and gardens. The home offers Charm and Quality Abound! You're greeted under a wonderful covered front porch which extends your living space out of the hot sun. 3 BRs on main level offers good utility of space for sleeping and office. Move in ready condition throughout. Finished FR in Bsmt, finished laundry room and 2nd Shower Bath. Low maintenance siding on house. Seamless gutters new in 2006, Roof new in 2004. Looped Drive for convenience. Detached garage and much more.

Last Agent to Sell the Property

SANDRA RUSSEN

RE/MAX Preferred Realty-Montevideo Listed on: 05/17/2012

Last Buyer's Agent

DAWN SCHMIDT

KUHLMANN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,296

Year Built

  • 1938

Lot Details

  • 0.55

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Water Softener is Owned

Additional Features

  • Porch
  • 0.55 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 70-817-2181

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,296

Year Built

1938

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities Exterior: Driveway - Gravel, Porch
  • Estimated Number of Acres: 0.55
  • Assessment Balance: 20
  • Assessments: Yes
  • Construction: Previously Owned
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 70-817-2181
  • Stories: 1 Story
  • Taxes With Assessments: 770
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1938

Interior Features

  • Appliances: Dishwasher
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 19x11, On Level: Main
  • Room 2: Kitchen, 12x9, On Level: Main
  • Room 3: Porch, 25x8, On Level: Main
  • Room 4: Family Room, 13x18, On Level: Basement
  • Room 5: Master Bedroom, 10x10, On Level: Main
  • Room 6: Bedroom, 9x10, On Level: Main
  • Room 7: 9x12, On Level: Main
  • Room 8: 12x10, On Level: Basement
  • Room 10: Other, 10x12, On Level: Basement
  • Basement Features: Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 884
  • Below Grade Finished Sq Ft: 442
  • Total Fin Square Footage: 1326
  • Total Square Footage: 1768

Exterior Features

  • Frontage Road: City
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Montevideo #129

Lot Info

  • Estimated Lot Dimensions: 98x245 Approximate
  • Lot/Land Description: Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2024
Sold by
Olan Richard and Medina Richard Olan
Bought by
Medina Richard Olan and Medina Kayann Monique
Current Estimated Value
$224,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,264
Outstanding Balance
$187,606
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$42,180

Purchase Details

Closed on
Jan 4, 2023
Sold by
Emery Robert and Emery Terri
Bought by
Olan Richard and Olan Medina Kayann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,047
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2022
Sold by
Lien Joni M
Bought by
Emery Robert A and Emery Terri L

Purchase Details

Listed on
May 17, 2012
Closed on
May 1, 2013
Sold by
Birhanzl Katianne M and Dahl Katianne M
Bought by
Sanford Gregory A and Sanford Joni M
Seller's Agent
SANDRA RUSSEN
RE/MAX Preferred Realty-Montevideo
Buyer's Agent
DAWN SCHMIDT
KUHLMANN REAL ESTATE, INC.
List Price
$84,900
Sold Price
$67,000
Premium/Discount to List
-$17,900
-21.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.49%
Original Mortgage
$50,250
Interest Rate
3.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2006
Sold by
Norman Dale B and Norman Sonja I
Bought by
Dahl Katianne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,190
Interest Rate
6.73%
Mortgage Type
New Conventional
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
Medina Richard Olan $500 None Listed On Document
Medina Richard Olan $500 None Listed On Document
Olan Richard $194,000 --
Olan Richard $194,000 --
Emery Robert A $67,000 Nelson Oyen Torvik Pllc
Emery Robert A $67,000 Nelson Oyen Torvik Pllc
Sanford Gregory A $67,000 None Available
Sanford Gregory A $67,000 None Available
Dahl Katianne M $75,190 None Available
Dahl Katianne M $75,190 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Richard Olan $190,264
Previous Owner Olan Richard $188,047
Previous Owner Lien Joni M $11,600
Previous Owner Sanford Gregory A $50,250
Previous Owner Dahl Katianne M $75,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2013 05/01/13 Sold $67,000 -21.1% $51 / Sq Ft
02/11/2013 02/11/13 Pending -- -- --
05/17/2012 05/17/12 For Sale $84,900 -- $64 / 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
2025 $2,296 $170,300 $12,900 $157,400
2024 $2,550 $166,900 $12,900 $154,000
2023 $1,564 $166,900 $12,900 $154,000
2022 $1,546 $91,200 $12,900 $78,300
2021 $1,460 $88,500 $12,900 $75,600
2020 $1,338 $76,100 $11,300 $64,800
2019 $1,098 $76,000 $11,300 $64,700
2018 $1,060 $62,100 $0 $0
2017 $1,060 $61,600 $0 $0
2016 $674 $61,800 $0 $0
2015 -- $37,100 $0 $0
2014 -- $36,400 $0 $0
2013 -- $36,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4275572

REALTOR® Association of Southern Minnesota

APN: 70-817-2179