Seller's Agent in 2022
Scott Borgmeier
BorgsHomes Realty
(507) 257-2200
179 Total Sales
22048 604th Ave Eagle Lake, MN 56024
Estimated Value: $333,000 - $746,224
3
Beds
2
Baths
2,313
Sq Ft
$229/Sq Ft
Est. Value
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 2022Are 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 Agent to Sell the Property
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
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$220,194
Avg. Annual Appreciation
-10.17%
Original Mortgage
$750,000
Outstanding Balance
$713,601
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
-$183,795
Purchase Details
Closed on
Jun 9, 2020
Sold by
Schneider Jon A and Schneider Carol J
Bought by
Blue Earth County
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Home Values in the Area
Average Home Value in this Area
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 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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 | $4,730 | $468,200 | $87,300 | $380,900 |
| 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
-
Scott Borgmeier
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7029002
APN: R39-10-07-200-005
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