NOT LISTED FOR SALE

1518 3rd Ave Worthington, MN 56187

Estimated Value: $177,000 - $201,000

4 Beds
2 Baths
1,800 Sq Ft
$105/Sq Ft Est. Value

Last Sold July 18, 2013

Last sale price $25,000 $14 Per Sq Ft

Est. 656% increase in value since last sale

Current estimated payment $1,132/month

Highlights

  • Detached Garage
  • Forced Air Heating System
  • Wood Siding

About This Home

As of July 2013

Victorian style income producing investment property that was a two story home made into a duplex. New exterior steps, some original wood work. Sold as-is. Buyers should obtain a free prequalification letter from Wells Fargo Home Mortgage or an entity which is a joint venture with Wells Fargo Home Mortgage by working directly with a mortgage consultant or going online at www.wellsfargo.com. Buyers/Agents -for any escalations surrounding the offer on your property where our Listing Agent is unable to provide an answer, please call the Wells Fargo REO Department at 1-877-617-5274.

Last Agent to Sell the Property

Gary Vanderwerf

CLARK PROPERTIES II License #20197689 Listed on: 02/22/2013

Last Buyer's Agent

Soco Maria Adame-Caballero

CLARK PROPERTIES II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,612

Year Built

  • 1895

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Irregular Lot

Parking

  • Detached Garage

Home Design

  • Duplex
  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Lower Level
  • Upper Level

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 31.1602.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,612

Year Built

1895

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Style: Duplex - Up & Down
  • Assessment Balance: 2314.85
  • Assessments: Yes
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 677
  • Parcel Number: 31.1602.000
  • Price Per Square Foot: 10.09
  • Stories: 2 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1284
  • Estimated Number of Acres: 0.16
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built: 1895

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1800
  • Total Fin Square Footage: 1800
  • Total Square Footage: 2477

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Worthington #518

Lot Info

  • Lot/Land Description: Irregular Lot
  • Estimated Lot Dimensions: 50X140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2013
Closed on
Jun 27, 2013
Bought by
Maravilla Reina E Argueta and Jose Alexander Argueta Gusman
Seller's Agent
Gary Vanderwerf
CLARK PROPERTIES II
Buyer's Agent
Soco Maria Adame-Caballero
CLARK PROPERTIES II
List Price
$30,000
Sold Price
$25,000
Premium/Discount to List
-$5,000
-16.67%
Current Estimated Value
$188,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,887
Avg. Annual Appreciation
17.92%
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
Maravilla Reina E Argueta $25,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2013 07/18/13 Sold $25,000 -16.7% $14 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $30,000 -- $17 / 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 $1,612 $169,400 $22,300 $147,100
2024 $1,564 $151,000 $22,300 $128,700
2023 $1,120 $145,700 $22,300 $123,400
2022 $888 $111,200 $18,400 $92,800
2021 $850 $84,700 $15,800 $68,900
2020 $884 $84,700 $15,800 $68,900
2019 $666 $83,000 $15,800 $67,200
2018 $784 $74,300 $15,800 $58,500
2017 $814 $84,900 $15,800 $69,100
2016 $592 $88,900 $11,800 $77,100
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7001519

REALTOR® Association of Southern Minnesota

APN: 31-1602-000