$420,000
SOLD OCT 31, 2025

203 Cargill St Sherburn, MN 56171

8 Beds
5 Baths
1,236 Sq Ft
0.86 Acres

Recently Sold

$340 Per Sq Ft

16% Below List Price

383 Days on Market

Highlights

  • Corner Lot
  • No Interior Steps
  • 1-Story Property
  • 1 Car Attached Garage

About This Home

As of October 2025

TURNKEY investment property awaits you, this property consists of 2 buildings, with 2 units in each building, each unit includes 2 bedrooms, laundry, and a single attached garage. Included is a bare lot for further expansion on the North side of the property. All units are currently occupied by renters.

Last Agent to Sell the Property

Charity Ringnell

City Side Real Estate Inc Listed on: 09/11/2024

Last Buyer's Agent

Brett Bartholomaus

Rural State Realty LLC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 150x250
  • Corner Lot
  • Additional Parcels

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,236 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Additional Features

  • No Interior Steps
  • Radiant Heating System

Community Details

  • 4 Units
  • Morgans Add Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for grounds care, snow removal
  • Assessor Parcel Number 384500500

Property Details

Home Type

Multi-Family

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 1
  • Accessibility Features: No Stairs Internal
  • Water Source: City Water/Connected
  • Year Built: 2002
  • Above Grade Finished Sq Ft: 1236
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Living Area: 1236
  • Owner Pays: Grounds Care, Snow Removal
  • Basement YN: No
  • Amenities: Ceiling Fan(s),Walk-In Closet
  • Appliances: Range
  • Number Of Fireplaces: 0
  • Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher,Range
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Attached Garage, Concrete

Utilities

  • Heating: Radiant
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric
  • Number of Ranges: One Per Unit

Schools

  • Junior High Dist: Martin County West
  • SchoolDistrictPhone: 507-728-8276

Lot Info

  • Lot Size: 150X250
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: Yes
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 4

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 384500500
  • Tax Annual Amount: 28
  • TaxWithAssessments: 28.0000

Multi Family

  • TenantPays: All Utilities
  • Number Of Refrigerators: One Per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Oct 31, 2025
Sold by
Sherburn Eda and Sherburn Economic Development Authority
Bought by
Bart Properties Llc
Seller's Agent
Charity Ringnell
City Side Real Estate Inc
Buyer's Agent
Brett Bartholomaus
Rural State Realty LLC.
List Price
$500,000
Sold Price
$420,000
Premium/Discount to List
-$80,000
-16%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-91.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Type Sale Price Title Company
Warranty Deed $420,000 Title Team
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 Sold $420,000 -16.0% $340 / Sq Ft
09/29/2025 09/29/25 Pending -- -- --
09/11/2024 09/11/24 For Sale $500,000 -- $405 / 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
2025 $28 $252,600 $13,400 $239,200
2024 $28 $257,800 $7,800 $250,000
2023 $112 $271,600 $4,400 $267,200
2022 $28 $268,200 $4,400 $263,800
2021 $1,256 $192,300 $4,400 $187,900
2020 $56 $211,300 $4,400 $206,900
2019 $56 $198,700 $4,400 $194,300
2018 $0 $198,700 $4,400 $194,300
2017 $56 $0 $0 $0
2016 $56 $0 $0 $0
2015 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6598585

NorthstarMLS

APN: 384500500