NOT LISTED FOR SALE

22048 604th Ave Eagle Lake, MN 56024

Estimated Value: $769,755

3 Beds
2 Baths
2,313 Sq Ft
$333/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $750,000 $324 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,702/month

33 Days on Market

Highlights

  • Wood Burning Stove
  • Pole Barn
  • 60 Car Attached Garage
  • Eagle Lake Elementary School Rated A-
  • Workshop
  • Eat-In Kitchen

About This Home

As of July 2022

Are looking for a rural property only minutes from Mankato? Here is a updated farm house with 4 out buildings on a blacktop road. The house has 3 bedrooms, two full baths, large kitchen and a large oversized garage. The 4 out buildings all have concrete floors: The work shop is 44 x 52 heated, building 2 is 42 x 120 with 7 large overhead doors, build 3 is 42 x 82 with 4 large overhead doors and building 4 is 45 x 126 with 3 large overhead doors. There is a wood burn for heating the work shop and house.

Last Listed By

Scott Borgmeier

BorgsHomes Realty License #40663204 Listed on: 02/10/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,730

Year Built

  • 1905

Lot Details

  • 4.45 Acre Lot
  • Lot Dimensions are 470 x 385
  • Property fronts a county road
  • Many Trees

Parking

  • 60 Car Attached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • Wood Burning Stove
  • Combination Dining and Living Room
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Partially Finished Basement

  • Partial Basement
  • Block Basement Construction

Outdoor Features

  • Pole Barn
  • Storage Shed

Farming

  • Machine Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number R39.10.07.200.005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,730

Year Built

1905

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Kitchen Center Island
  • Estimated Number of Acres: 4.45
  • Assessment Balance: 369
  • Assessments: Yes
  • Foundation Size: 1156
  • L V T Date: 02/10/2022
  • Parcel Number: R39.10.07.200.005
  • Price Per Square Foot: 358
  • Sold Price Per Sq Ft: 336
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1884
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1905

Interior Features

  • Dining Room: Combine with Living Room
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Kitchen, 20'10x13'2", On Level: Main
  • Room 2: Dining Room, 11'5"x6'8", On Level: Main
  • Room 3: Living Room, 14'10"x11'5", On Level: Main
  • Room 4: Bedroom, 21'3"x15, On Level: Main
  • Room 5: Bathroom, 9'9"x7'8", On Level: Main
  • Room 6: Bedroom, 11'4"x14"11", On Level: Upper
  • Room 7: 17'5"x17'5", On Level: Upper
  • Room 8: Bathroom, 8'1"x5'8", On Level: Upper
  • Room 9: Family Room, 19'8"x15'8", On Level: Lower
  • Room 10: Storage Room, 13'10"x24", On Level: Lower
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1884
  • Below Grade Finished Sq Ft: 429
  • Tot Above Grade Sq Ft: 1804
  • Total Fin Square Footage: 2313
  • Total Square Footage: 2233
  • Tot Below Grade Sq Ft: 429

Exterior Features

  • Frontage Road: County
  • Construction Type: Frame/Wood
  • Exterior: Steel
  • Out Buildings: Machine Shed, Pole Building, Storage Shed, Workshop, Garage
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 60

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Rented
  • Heat: Forced Air, Wood Stove
  • Sewer: Private
  • Water: Private

Schools

  • School District: Mankato #77
  • Mankato Schools: Mankato East

Lot Info

  • Estimated Lot Dimensions: 470 x 385
  • Lot/Land Description: Tree Coverage - Heavy, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Jul 12, 2022
Sold by
Schneider Jon and Schneider Carol
Bought by
Borgmeier Scott and Borgmeier Corralee
Seller's Agent
Scott Borgmeier
BorgsHomes Realty
Buyer's Agent
Scott Borgmeier
BorgsHomes Realty
List Price
$799,950
Sold Price
$750,000
Premium/Discount to List
-$49,950
-6.24%
Total Days on Market
33
Current Estimated Value
$769,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,755
Original Mortgage
$750,000
Outstanding Balance
$725,735
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2020
Sold by
Schneider Jon A and Schneider Carol J
Bought by
Blue Earth County

Range of Values:

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Average Value
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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
Borgmeier Scott $750,000 --
Blue Earth County $9,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borgmeier Scott $750,000
Previous Owner Schneider Jon A $80,441
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $750,000 -6.2% $324 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $799,950 -- $346 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $4,730 $506,200 $87,300 $418,900
2023 $2,478 $475,400 $88,800 $386,600
2022 $2,208 $390,800 $88,800 $302,000
2021 $1,884 $313,000 $88,800 $224,200
2020 $1,800 $265,500 $72,000 $193,500
2019 $1,652 $265,500 $72,000 $193,500
2018 $1,618 $250,200 $72,000 $178,200
2017 $1,412 $244,400 $72,000 $172,400
2016 $1,340 $232,900 $72,000 $160,900
2015 $12 $222,500 $60,000 $162,500
2014 $1,414 $143,700 $50,000 $93,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7029002

REALTOR® Association of Southern Minnesota

APN: R39-10-07-200-005