220 2nd St N Nerstrand, MN 55053
Estimated Value: $269,000 - $298,000
3
Beds
1
Bath
1,724
Sq Ft
$165/Sq Ft
Est. Value
About This Home
This home is located at 220 2nd St N, Nerstrand, MN 55053 and is currently estimated at $283,875, approximately $164 per square foot. 220 2nd St N is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 8, 2020
Sold by
Rahman Marvin L and Rahman Christy
Bought by
Rahman Michael W and Rahman Cinnamon R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,636
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 25, 1997
Sold by
Hildebrandt Rosella
Bought by
Johnson David and Johnson Vikki
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rahman Michael W | $76,000 | Mn Secured Title | |
| Johnson David | $55,000 | -- | |
| Rahman Michael Michael | $76,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rahman Michael W | $159,093 | |
| Previous Owner | Rahman Michael W | $119,636 | |
| Previous Owner | Rahman Marvin L | $134,500 | |
| Closed | Rahman Michael Michael | $76,000 |
Source: Public Records
Tax History Compared to Growth
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 | $2,550 | $262,200 | $52,900 | $209,300 |
| 2024 | $2,550 | $246,300 | $44,100 | $202,200 |
| 2023 | $2,554 | $246,300 | $44,100 | $202,200 |
| 2022 | $2,280 | $220,900 | $40,500 | $180,400 |
| 2021 | $2,060 | $192,100 | $35,300 | $156,800 |
| 2020 | $1,916 | $177,100 | $35,300 | $141,800 |
| 2019 | $1,690 | $168,800 | $35,300 | $133,500 |
| 2018 | $1,604 | $154,000 | $35,300 | $118,700 |
| 2017 | $1,610 | $144,400 | $35,300 | $109,100 |
| 2016 | $1,506 | $142,700 | $35,300 | $107,400 |
| 2015 | $1,350 | $133,400 | $33,500 | $99,900 |
| 2014 | -- | $132,000 | $33,500 | $98,500 |
Source: Public Records
Map
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