NOT LISTED FOR SALE

178 Progress Way Spicer, MN 56288

Estimated Value: $232,109

-- Bed
-- Bath
3,368 Sq Ft
$69/Sq Ft Est. Value

Last Sold November 19, 2018

Last sale price $150,000 $45 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,581/month

56 Days on Market

Highlights

  • Business Center
  • Forced Air Heating and Cooling System
  • 4-minute walk to Green Lake Baseball Diamonds
  • New London-Spicer Middle School Rated A-

About This Home

As of November 2018

Great business opportunity!!! This well established business is turn-key and ready for new ownership! This 3,368 sq ft building features large retail area, walk-in cooler, paved parking lot, and tons of storage space. Location provides high visibility off of Hwy 23. Call for more details today!

Last Listed By

Earl Rich

New London Real Estate, Inc. Listed on: 08/14/2018

Property Details

Property Type

  • Other

Year Built

  • Built in 1999

Lot Details

  • 9,975

Home Design

  • 3,368 Sq Ft Home
  • Metal Roof
  • Metal Siding

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Business Center

Listing and Financial Details

  • Assessor Parcel Number 855250020

Property Details

Property Type

Other

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Type: Commercial
  • Cooling System: Central
  • Outside Features: Metal
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1999
  • Assessment Pending Y N: Yes
  • Total Search Sq Ft: 3368.00
  • Building Finished Area Units: Square Feet
  • Carport Y N: No
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 6420
  • Listing Organization: Iowa
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 855250020
  • Property Sub Type Additional: Other
  • Rental License: No
  • Tax Assessment Balance: 50.00
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Fireplace: No

Exterior Features

  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway - Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Schools

  • School District: 345 - New London-Spicer
  • School District Phone: 320-354-2252

Lot Info

  • Zoning: Business/Commercial
  • Waterfront YN: No
  • Assessment Pending: Yes
  • Homestead: No
  • Lot Size Area Units: Square Feet

Tax Info

  • TaxLegalDescription: P# 85-525-0020
  • Tax Amount: 4182.00
  • Tax Year: 2018
  • Tax With Assessments: 50.00
  • Assessor Parcel Number: 855250020

MLS Schools

  • School District Name: 345 - New London-Spicer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Nov 19, 2018
Sold by
Can Peterson Properties Llc
Bought by
Elkhorn Properties Llc
Seller's Agent
Earl Rich
New London Real Estate, Inc.
List Price
$259,000
Sold Price
$150,000
Premium/Discount to List
-$109,000
-42.08%
Total Days on Market
56
Current Estimated Value
$232,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,109
Avg. Annual Appreciation
6.97%

Purchase Details

Closed on
Dec 26, 2012
Sold by
Bents Gerald R and Bents Karen M
Bought by
Can Petersen Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.28%
Mortgage Type
Commercial

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
Elkhorn Properties Llc $150,000 Quality Title
Can Petersen Properties Llc $150,000 Stewart Title Of Minnesota
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Can Petersen Properties Llc $112,500
Previous Owner Can Petersen Properties Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2018 11/19/18 Sold $150,000 -42.1% $45 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $259,000 -- $77 / 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 $3,524 $151,500 $40,000 $111,500
2023 $3,470 $147,600 $40,000 $107,600
2022 $3,972 $143,200 $40,000 $103,200
2021 $3,876 $143,200 $40,000 $103,200
2020 $3,888 $143,800 $40,000 $103,800
2019 $3,820 $143,800 $40,000 $103,800
2018 $4,232 $138,800 $35,000 $103,800
2017 $4,914 $152,600 $35,000 $117,600
2016 $4,926 $2,302 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Earl Rich

    Seller's Agent in 2018

    Earl Rich

    New London Real Estate, Inc.

    (320) 894-5399

    127 Total Sales

    Earl Rich
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Map

Source: NorthstarMLS

MLS Number: NST5153119

NorthstarMLS

APN: 85-525-0020

Minnesota Kandiyohi County Spicer 56288

178 Progress Way, Spicer, MN

Homes for Sale in Spicer, MN

This home is located at 178 Progress Way, Spicer, MN 56288 since 14 August 2018 and is currently estimated at $232,109, approximately $68 per square foot. This property was built in 1999. 178 Progress Way is a home located in Kandiyohi County with nearby schools including Prairie Woods Elementary School, New London-Spicer Middle School, and New London-Spicer Senior High School.

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