NOT LISTED FOR SALE

2198 240th St Truman, MN 56088

Estimated Value: $465,000

3 Beds
1.5 Baths
2,285 Sq Ft
$204/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $173,000 $76 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $2,632/month

40 Days on Market

Highlights

  • Wood Burning Stove
  • Main Floor Primary Bedroom
  • Corner Lot
  • Recreation Room
  • 1 Fireplace
  • No HOA

About This Home

As of June 2024

New Price to reflect $30,000 seller credit toward replacement of non-compliant septic. This century farm is located on the north edge of Truman has has been recently surveyed to include the 3 acre building site. Coming in the back yard door, you'll find loads of storage in the entryway. From here you can go to the main floor or the basement. The main floor consists of the eat-in kitchen (appliances stay), formal dining, formal living room, rec room with wood stove, main floor bedroom, and full bath. Storage was well-planned...many beautiful built-ins located throughout the home. Upstairs are two additional good-sized bedrooms. The basement has the laundry/utility room, 1/2 bath, storage room, and former beauty shop. All remaining personal property stays. Outside is a two car garage, a large outbuilding, and a small old well house shed. The back patio is a great spot to relax or entertain! City water. Natural gas, no propane. A/C 2022. Water heater 2016. Rare opportunity! Must-see!

Last Agent to Sell the Property

Kim Kreiss

EXIT Realty - Great Plains Listed on: 02/29/2024

EXIT Realty - Great Plains

Last Buyer's Agent

Kim Kreiss

EXIT Realty - Great Plains Listed on: 02/29/2024

EXIT Realty - Great Plains

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,859

Year Built

  • Built in 1936

Lot Details

  • 3 Acre Lot
  • Lot Dimensions are 400x330
  • Corner Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Living Room
  • Recreation Room
  • Storage Room

Kitchen

  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Drain
  • Basement Storage

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 200040800

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,859

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1936
  • Above Grade Finished Sq Ft: 1585
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Partial, Partially Finished, Storage Space
  • Appliances: Dishwasher, Dryer, Freezer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Wood Burning Stove
  • Living Area: 2285
  • Below Grade Finished Sq Ft: 700
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Mud Room, Dining Room, Living Room, Recreation Room, Bedroom 1, Bedroom 2, Bedroom 3, Laundry, Storage, Other Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • Other Structures: Chicken Coop/Barn, Silo, Storage Shed
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached, Gravel, Asphalt
  • Garage Square Feet: 528

Utilities

  • Heating: Forced Air, Wood Stove
  • Sewer: Septic System Compliant - No
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Main Floor Primary Bedroom,Washer/Dryer Hookup

Schools

  • Junior High Dist: Truman
  • SchoolDistrictNumber: 458
  • SchoolDistrictPhone: 507-776-2111

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 400x330
  • Lot Size Sq Ft: 130680
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 200040800
  • Tax Annual Amount: 1859
  • TaxWithAssessments: 1912.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
May 29, 2024
Sold by
Eckmann and Eckmann
Bought by
Werner Logan and Werner Melissa
Seller's Agent
Kim Kreiss
EXIT Realty - Great Plains
Buyer's Agent
Kim Kreiss
EXIT Realty - Great Plains
List Price
$209,900
Sold Price
$173,000
Premium/Discount to List
-$36,900
-17.58%
Views
60
Current Estimated Value
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,000
Avg. Annual Appreciation
185.07%
Original Mortgage
$154,750
Outstanding Balance
$153,075
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$467,925

Purchase Details

Closed on
Aug 27, 2019
Sold by
Eckmann Richard H and Eckmann Patricia A
Bought by
Eckmann Richard H and Eckmann Patricia A
Source: Public Records

Range of Values:

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

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
Werner Logan $173,000 --
Eckmann Richard H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Werner Logan $154,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold $173,000 -17.6% $76 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $209,900 -- $92 / 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 $1,180 $567,800 $567,800 $0
2024 $2,068 $618,500 $618,500 $0
2023 $956 $810,500 $673,500 $137,000
2022 $1,864 $595,300 $476,500 $118,800
2021 $1,846 $527,400 $437,200 $90,200
2020 $1,718 $541,200 $451,300 $89,900
2019 $1,794 $517,400 $427,500 $89,900
2018 $1,518 $524,500 $450,900 $73,600
2017 $1,612 $504,100 $452,639 $51,461
2016 $1,348 $544,000 $492,355 $51,645
2015 $616 $584,300 $537,703 $46,597
2013 $616 $417,000 $370,464 $46,536
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6495419

NorthstarMLS

APN: 200040800