NOT LISTED FOR SALE

220 E Read St Le Roy, MN 55951

Estimated Value: $75,000 - $93,000

2 Beds
1 Bath
930 Sq Ft
$90/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $75,000 $81 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $537/month

8 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Fence
  • Living Room

About This Home

As of March 2024

Affordability and privacy await you on this edge of town property. Numerous cosmetic updates include flooring, trim and paint have been done. Add your finishing touches to the upstairs and call this property home. A great opportunity to be a home owner for the price of renting!

Last Agent to Sell the Property

Nicholas Schmitz

Land Resource Mgmt & Rlty Inc. Listed on: 10/10/2023

Last Buyer's Agent

Nicholas Schmitz

Land Resource Mgmt & Rlty Inc. Listed on: 10/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,140

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 84' x 100'
  • Wood Fence
  • Irregular Lot

Parking

  • 1 Car Garage

Interior Spaces

  • 930 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Basement
  • Stone or Rock in Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Village/Leroy Station Subdivision

Listing and Financial Details

  • Assessor Parcel Number 260012330

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,140

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 930
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Stone/Rock
  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Living Area: 930
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Bedroom 1, Bedroom 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Wood
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 308

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Leroy-Ostrander
  • SchoolDistrictNumber: 499
  • SchoolDistrictPhone: 507-324-5743

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 84' x 100'
  • Lot Size Sq Ft: 8276.4
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 260012330
  • Tax Annual Amount: 1140
  • TaxWithAssessments: 1208.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Mar 6, 2024
Sold by
Four50 Llc
Bought by
Weseman Steve and Weseman Sandra
Seller's Agent
Nicholas Schmitz
Land Resource Mgmt & Rlty Inc.
Buyer's Agent
Nicholas Schmitz
Land Resource Mgmt & Rlty Inc.
List Price
$59,000
Sold Price
$75,000
Premium/Discount to List
$16,000
27.12%
Total Days on Market
8
Views
32
Current Estimated Value
$84,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,095
Avg. Annual Appreciation
9.67%
Original Mortgage
$75,000
Outstanding Balance
$74,122
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$9,973

Purchase Details

Closed on
Aug 28, 2023
Sold by
Cooper Cher
Bought by
Four50 Llc

Purchase Details

Closed on
Aug 17, 2023
Sold by
Southeast Minnesota Homes Trust
Bought by
Cooper Cher

Purchase Details

Closed on
Feb 9, 2018
Sold by
Hud
Bought by
Southeast Minnesota Homes Trt

Purchase Details

Closed on
Oct 28, 2016
Sold by
Wells Fargo Bank
Bought by
Hud

Purchase Details

Closed on
Oct 20, 2016
Sold by
Mower County Sheriff
Bought by
Wells Fargo Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Weseman Steve $75,000 --
Four50 Llc $42,000 --
Cooper Cher $30,000 --
Southeast Minnesota Homes Trt -- Bankers Title
Hud -- --
Wells Fargo Bank $39,806 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weseman Steve $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2024 03/06/24 Sold $75,000 +27.1% $81 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $59,000 -- $63 / 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
2024 $1,096 $85,700 $25,000 $60,700
2023 $1,208 $93,000 $25,000 $68,000
2022 $894 $83,600 $25,000 $58,600
2021 $698 $55,200 $12,500 $42,700
2020 $728 $46,300 $9,300 $37,000
2018 $347 $44,000 $9,300 $34,700
2017 $694 $0 $0 $0
2016 $624 $0 $0 $0
2015 $956 $0 $0 $0
2012 $956 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6446819

NorthstarMLS

APN: 26-001-2330