NOT LISTED FOR SALE

201 Ridgely St N Kasota, MN 56050

Estimated Value: $138,000 - $262,000

2 Beds
1 Bath
1,300 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $52,000 $40 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $1,221/month

24 Days on Market

Highlights

  • Corner Lot
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System
  • 3 Car Detached Garage

About This Home

As of August 2019

Older two bedroom home on large lot! Home has potential to improve. Good sized dining room and kitchen. Full bath with laundry on main floor. Triple detached garage 24x40 built in 1997. Patio to rear. Enclosed front porch. Kitchen appliances, washer and dryer negotiable.

Last Agent to Sell the Property

Dick Norland

MIDWEST REALTY License #00254762 Listed on: 05/23/2019

Last Buyer's Agent

Erik Jensen

TRUE REAL ESTATE License #40430921

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,710

Year Built

  • 1900

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 120x140
  • Corner Lot

Parking

  • 3 Car Detached Garage

Home Design

  • 1,300 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Stone Basement

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 18-410-0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,710

Year Built

1900

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Estimated Number of Acres: 0.38
  • Assessment Balance: 15
  • Assessments: Yes
  • Foundation Size: 866
  • L V T Date: 05/24/2019
  • Parcel Number: 18-410-0070
  • Price Per Square Foot: 47
  • Sold Price Per Sq Ft: 31
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1360
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 11.10x15, On Level: Main
  • Room 2: Kitchen, 10.5x16, On Level: Main
  • Room 3: Dining Room, 11x16, On Level: Main
  • Room 4: Bedroom, 7.9x12, On Level: Second Floor
  • Room 5: Bedroom, 11.6x12, On Level: Second Floor
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1300
  • Tot Above Grade Sq Ft: 1300
  • Total Fin Square Footage: 1300
  • Total Square Footage: 1700
  • Tot Below Grade Sq Ft: 400

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Brick

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 120x140
  • Lot/Land Description: Corner Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Aug 15, 2019
Sold by
Backman Murel G and Backman Karen L
Bought by
Kato Investments Llc
Seller's Agent
Dick Norland
MIDWEST REALTY
Buyer's Agent
Erik Jensen
TRUE REAL ESTATE
List Price
$79,900
Sold Price
$52,000
Premium/Discount to List
-$27,900
-34.92%
Total Days on Market
24
Current Estimated Value
$192,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,587
Avg. Annual Appreciation
25.26%

Purchase Details

Closed on
Oct 21, 2013
Sold by
Haugen Michael T and Vanderberg Teresa L
Bought by
Backman Murel G and Backman Karen L

Purchase Details

Closed on
Jun 22, 2010
Sold by
Backman Murel and Backman Karen
Bought by
Haugen Michael T and Vanderberg Theresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.75%
Mortgage Type
Land Contract Argmt. Of Sale
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
Kato Investments Llc $52,000 --
Backman Murel G -- --
Haugen Michael T $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haugen Michael T $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $52,000 -34.9% $40 / Sq Ft
06/16/2019 06/16/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $79,900 -- $61 / 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
2024 $1,710 $169,700 $44,100 $125,600
2023 $1,780 $161,300 $41,000 $120,300
2022 $1,474 $160,700 $40,400 $120,300
2021 $1,384 $116,600 $40,400 $76,200
2020 $1,368 $108,800 $36,800 $72,000
2019 $1,360 $108,800 $36,800 $72,000
2018 $1,345 $105,900 $36,800 $69,100
2017 $1,271 $98,100 $36,800 $61,300
2016 $1,266 $99,900 $36,800 $63,100
2015 $1,251 $99,900 $36,800 $63,100
2014 $1,055 $99,900 $36,800 $63,100
2013 $848 $75,900 $26,909 $48,991
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7021000

REALTOR® Association of Southern Minnesota

APN: 18.410.0070