NOT LISTED FOR SALE
56 Beds
73 Baths
31,200 Sq Ft
1.71 Acre Lot

Sale Details

Date Sold: August 25, 2017

Last sale price $3,150,000 $101 Per Sq Ft

576 Days on Market

Highlights

  • New Construction
  • 31 Car Attached Garage
  • Walk-In Closet
  • 1.71 Acre Lot
  • Eat-In Kitchen
  • Patio

About This Home

As of August 2017

24 hour notice needed, tenant occupied. All showings set up through listing agent at (507) 380-4511. 9-plex was built in 2015, with 4-three bedrooms and 5 two-bedrooms and all units are rented. The 8-plex will have 1-three bedroom, 6 two-bedrooms, and 1-two bedroom handicapped accessible unit and all units are rented. The 8-plex will have 3-three bedroom units and 4-two bedroom units, these will be completed in 2017. Once complete there will be a total of 24 units. Good rental history! All units were rented before buildings were completed!

Last Agent to Sell the Property

Jon Kietzer

LANDMARK REAL ESTATE Listed on: 10/07/2015

Last Buyer's Agent

Non Member

Non-Member

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Property Details

Home Type

  • Multi-Family

Year Built

  • 2015

Lot Details

  • 1.71

Parking

  • 31 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 31,200 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 56 Bedrooms
  • Walk-In Closet
  • 73 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Patio
  • 1.71 Acre Lot

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Tenant pays for broadband, cable TV, electric, fuel, trash, water/sewer
  • The owner pays for lawn, maint/repair, snow
  • Assessor Parcel Number 19.883.0010

Property Details

Home Type

Multi-Family

Year Built

2015

Lot Details

1.71 Acres

Parking

31

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Foundation Size: 8775
  • Mechanicals: Water Heater - Electric
  • New Development: Yes
  • Parcel Number: 19.883.0010
  • Property Adjoins Public Land: Yes
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Lane
  • Percentage Of Ownership: 100
  • Estimated Number of Acres: 1.71
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2015

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 56
  • Total Bathrooms: 73
  • Basement Material: Poured Concrete
  • Basement Style: Slab
  • Finished Above Grade Sq Ft: 31200
  • Total Square Footage: 31200

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Concrete, Patio

Garage/Parking

  • Garage Type: Attached
  • Number Garage Spaces: 31

Utilities

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

Lot Info

  • Lot/Land Description: Paved Streets
  • Estimated Lot Dimensions: Irregular

Rental Info

  • Owner Expense: Lawn, Maint/Repair, Snow
  • Tenant Expense: Broadband, Cable TV, Electric, Fuel, Trash, Water/Sewer
  • Type of Tenancy: One Year Lease

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
08/25/2017 08/25/17 Sold $3,150,000 -8.7% $101 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
10/07/2015 10/07/15 For Sale $3,450,000 -- $111 / 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 $1,443 $25,022
2024 $1,385 $23,831
2023 $1,385 $34,000 $6,800 $27,200
2022 $1,355 $28,260 $5,650 $22,610
2021 $1,473 $26,420 $5,280 $21,140
2020 $1,445 $24,060 $4,810 $19,250
2019 $1,471 $23,070 $4,610 $18,460
2018 $1,465 $22,760 $4,550 $18,210
2017 $1,410 $21,380 $4,270 $17,110
2016 $1,396 $21,580 $4,310 $17,270
2015 $1,291 $21,810 $4,360 $17,450
Source: Public Records

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7009828

REALTOR® Association of Southern Minnesota
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