NOT LISTED FOR SALE

1579 11th Ave Newport, MN 55055

3 Beds
1 Bath
4,320 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: February 10, 2015

Last sale price $325,000 $75 Per Sq Ft

147 Days on Market

Highlights

  • Forced Air Heating System
  • Coin Laundry
  • Tandem Garage
  • East Ridge High School Rated A-

About This Home

As of February 2015

Great investment opportunity. 100% owner occupied 4-plex. rental Association pays insurance, snow and lawn maintenance, trash removal, road maintenance.

Last Agent to Sell the Property

Brian Hauer

Referral Realty Listed on: 08/04/2014

Last Buyer's Agent

Mark Nelson

Homes by Design Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,546

Year Built

  • Built in 1986

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Property fronts a private road
  • Irregular Lot

Parking

  • 4 Car Garage
  • Tuck Under Garage
  • Tandem Garage

Home Design

  • 4,320 Sq Ft Home
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Kitchen

  • Range
  • Dishwasher

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • 4 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for electric, janitorial, lawn, maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,546

Year Built

Built in 1986

Lot Details

0.25 Acres

Parking

4

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Street Designation: Avenue
  • Estimated Number of Acres: 0.25
  • Comp Dev Subdiv Name: Glenwood Addition
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Finished Above Grade Sq Ft: 4320
  • Total Fin Square Footage: 4320

Exterior Features

  • Frontage Road: Curb/Gutters, Paved, Private
  • Exterior: Fiber Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Tandem, Tuckunder
  • Number Garage Spaces: 4

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned

Lot Info

  • Lot/Land Description: Irregular Lot
  • Estimated Lot Dimensions: 60x100

Rental Info

  • Owner Expense: Electric, Janitorial, Lawn, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Electric, Fuel

Building Info

  • Year Built: 1986

Multi Family

  • Total Units Available: 4
  • Est Annual Gross Expense: 21000

Tax Info

  • Year: 2014
  • Tax Value: 6546

MLS Schools

  • School District: South Washington Co.  #833

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
0.044%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2014
Closed on
Feb 10, 2015
Sold by
Bought by
Seller's Agent
Brian Hauer
Referral Realty
Buyer's Agent
Mark Nelson
Homes by Design Realty
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
0.0372%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$400,000 Global Closing & Title Servi
$325,000 Burnet Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $122,000
Closed $378,750
Closed $320,000
Closed $243,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/10/2015 02/10/15 Sold $325,000 -7.1% $75 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $350,000 -- $81 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,850 $575,100 $73,000 $502,100
2024 $9,850 $575,100 $73,000 $502,100
2023 $9,944 $575,100 $73,000 $502,100
2022 $8,240 $470,900 $73,800 $397,100
2021 $7,960 $440,700 $70,600 $370,100
2020 $7,386 $434,500 $70,600 $363,900
2019 $7,382 $396,000 $70,600 $325,400
2018 $6,600 $342,000 $37,700 $304,300
2017 $6,084 $333,500 $37,700 $295,800
2016 $6,324 $310,100 $37,700 $272,400
2015 $6,166 $310,100 $37,700 $272,400
2013 -- $310,100 $37,700 $272,400
Source: Public Records

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4656636

REALTOR® Association of Southern Minnesota
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