NOT LISTED FOR SALE

Estimated Value: $175,000 - $224,000

3 Beds
2 Baths
1,604 Sq Ft
$132/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $120,000 $75 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,345/month

2 Days on Market

Highlights

  • No HOA
  • Living Room
  • Family Room
  • Jefferson Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of November 2022

Home is in the Community Land Trust. Income Max for household $89,400. Approved lenders for financing. Only Conventional. Buyer signs a land lease and pays $25/month for land lease.

Last Agent to Sell the Property

Afton Zelinski

Edina Realty, Inc. Listed on: 10/19/2022

Edina Realty, Inc.

Last Buyer's Agent

Robin Gwaltney

Re/Max Results

Re/Max Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,694

Year Built

  • Built in 1940

Lot Details

  • 4,950 Sq Ft Lot
  • Lot Dimensions are 50x90
  • Land Lease

Parking

  • 1 Car Garage
  • Tuck Under Garage

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Ben Franklin Elementary School
  • Willow Creek Middle School
  • Mayo High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Morningside Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 743642014752

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,694

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 952
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Living Area: 1604
  • Fireplace: No
  • Below Grade Finished Sq Ft: 652
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • SqFtTotal: 1604.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Garage/Parking

  • Parking Features: Tuckunder Garage
  • Garage Square Feet: 216

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Rochester
  • Middle Or Junior School: Willow Creek
  • SchoolDistrictNumber: 535
  • SchoolDistrictPhone: 507-328-3000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x90
  • Lot Size Sq Ft: 4950
  • Land Lease: Yes
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Rental Info

  • Land Lease Amount: 25

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 743642014752
  • Tax Annual Amount: 1694
  • TaxWithAssessments: 1694.0000

MLS Schools

  • Elementary School: Ben Franklin
  • HighSchool: Mayo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Nov 22, 2022
Sold by
Hohberger Kurt
Bought by
Legare Robert
Seller's Agent
Afton Zelinski
Edina Realty, Inc.
Buyer's Agent
Robin Gwaltney
Re/Max Results
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$211,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,221
Avg. Annual Appreciation
23.61%
Original Mortgage
$107,000
Outstanding Balance
$103,996
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$109,158

Purchase Details

Closed on
Jun 28, 2013
Sold by
First Homes Properties
Bought by
Hohberger Kurt W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2011
Sold by
Minnesota Housing Finance Agency
Bought by
First Home Properties

Purchase Details

Closed on
Mar 11, 2011
Sold by
Clausen Lisa A
Bought by
Minnesota Housing Finance Agency

Purchase Details

Closed on
May 26, 2005
Sold by
First Homes Properties
Bought by
Clausen Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
5.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Legare Robert $120,000 --
Hohberger Kurt W $90,000 Title Services Inc
First Home Properties $49,000 Title Services Inc
Minnesota Housing Finance Agency $83,252 None Available
Clausen Lisa A $85,900 Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legare Robert $107,000
Previous Owner Hohberger Kurt W $63,000
Previous Owner Clausen Lisa A $84,800
Previous Owner Clausen Lisa A $3,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $120,000 0.0% $75 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $120,000 -- $75 / 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 $2,132 $189,400 $35,000 $154,400
2023 $2,132 $186,800 $35,000 $151,800
2022 $1,694 $171,700 $35,000 $136,700
2021 $1,590 $144,100 $25,000 $119,100
2020 $1,544 $136,600 $18,000 $118,600
2019 $1,310 $129,400 $18,000 $111,400
2018 $1,176 $114,500 $18,000 $96,500
2017 $1,146 $107,100 $18,000 $89,100
2016 $1,180 $73,900 $13,000 $60,900
2015 $1,104 $75,000 $13,100 $61,900
2014 $980 $75,800 $13,200 $62,600
2012 -- $97,700 $18,000 $79,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6273373

NorthstarMLS

APN: 74.36.42.014752