NOT LISTED FOR SALE

22991 State Hwy 16 Preston, MN 55965

Estimated Value: $527,000 - $662,000

3 Beds
1 Bath
2,034 Sq Ft
$292/Sq Ft Est. Value

Last Sold November 26, 2013

Last sale price $250,000 $123 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,378/month

160 Days on Market

Highlights

  • RV Access or Parking
  • Vaulted Ceiling
  • Pole Barn
  • 40 Acre Lot
  • Wood Flooring
  • Outdoor Water Feature

About This Home

As of November 2013

Escape to this incredible acreage w/quiet country setting & panoramic views of the hills, valleys & winding Watson Creek w/excellent trout fishing. Sit back on the front porch & watch the wildlife roaming around. Original log home erected in 1991 w/addition in 1995. 24x48 insulated shop/garage. Excellent property for weekend/seasonal get away or year round use.

Last Agent to Sell the Property

Brenda Sheldon

Property Brokers of Minnesota, Inc. Listed on: 05/13/2013

Last Buyer's Agent

Cyndy Gove

Counselor Realty Rochester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,746

Year Built

  • Built in 1991

Lot Details

  • 40 Acre Lot
  • Property fronts a highway
  • Many Trees

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 2,034 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 1 Car Attached Garage
  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Access to stream, creek or river
  • Patio
  • Outdoor Water Feature
  • Pole Barn
  • Porch

Farming

  • 9 Acres of Pasture
  • Hobby or Recreation Farm

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 230206000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,746

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Skylight, Vaulted Ceilings
  • Amenities Exterior: Driveway - Gravel, Patio, Porch, RV Parking, Water Feature
  • Estimated Number of Acres: 40
  • Estimated Pasture Acres: 9
  • Estimated Wooded Acres: 31
  • Construction: Previously Owned
  • Hobby Farm: Yes
  • Mechanicals: Water Heater-Electric, Water Softener-Owned
  • Parcel Number: 230206000
  • Range: 11.00
  • Remodeled Addition: Yes
  • Section: 30.00
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 2746
  • Twp Number: 103.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen, Informal Dining Room
  • Fireplace Type: Gas
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 2: Bedroom, 12x18, On Level: Upper
  • Room 3: Bedroom, 12x18, On Level: Upper
  • Room 5: On Level: Main
  • Room 8: Great Room, 20x24, On Level: Main
  • Room 9: Kitchen, 18x24, On Level: Main
  • Room 10: Loft, 12x24, On Level: Upper
  • Room 11: Laundry Room, 10x12, On Level: Main
  • Room 13: Master Bedroom, 12x14, On Level: Main
  • Room 19: On Level: Main
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 2034
  • Total Fin Square Footage: 2034
  • Total Square Footage: 2034

Exterior Features

  • Frontage Road: Highway
  • Construction Type: Log Home
  • Exterior: Log
  • Out Buildings: Pole Building
  • Waterfront Description: Creek/Stream

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Window
  • Fuel: Electric
  • Heat: Baseboard
  • Sewer: Private
  • Water: Shared

Lot Info

  • Estimated Lot Dimensions: 40 Acres
  • Lot/Land Description: Tree Coverage - Heavy

Building Info

  • Year Built: 1991

Tax Info

  • Year: 2013
  • Tax Value: 2746

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2015
Sold by
Gove Linde E and Gahnstrom Linde E
Bought by
Gove Linde E and Gove Christopher J
Current Estimated Value
$565,416

Purchase Details

Listed on
May 13, 2013
Closed on
Nov 19, 2013
Sold by
Derby Theodore A and Derby Mary Ellen
Bought by
Gahnstrom Linde
Seller's Agent
Brenda Sheldon
Property Brokers of Minnesota, Inc.
Buyer's Agent
Cyndy Gove
Counselor Realty Rochester
List Price
$310,000
Sold Price
$250,000
Premium/Discount to List
-$60,000
-19.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$237,500
Outstanding Balance
$180,799
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$343,366
Source: Public Records

Range of Values:

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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
Gove Linde E -- None Available
Gahnstrom Linde $250,000 Rochester Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gahnstrom Linde $237,500
Previous Owner Derby Theodore A $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2013 11/26/13 Sold $250,000 -19.4% $123 / Sq Ft
10/20/2013 10/20/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $310,000 -- $152 / 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 $3,062 $423,600 $150,900 $272,700
2023 $2,900 $423,600 $150,900 $272,700
2022 $2,402 $304,000 $134,900 $169,100
2021 $2,402 $281,200 $138,900 $142,300
2020 $2,488 $281,200 $138,900 $142,300
2019 $2,082 $272,700 $130,400 $142,300
2018 $1,952 $272,700 $130,400 $142,300
2017 -- $261,800 $123,000 $138,800
2016 $1,998 $243,100 $104,300 $138,800
2015 $2,242 $258,900 $133,753 $125,147
2014 $2,242 $255,400 $130,281 $125,119
2013 $2,242 $259,700 $134,318 $125,382
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Brenda Sheldon

    Property Brokers of Minnesota, Inc.

  • C

    Buyer's Agent in 2013

    Cyndy Gove

    Counselor Realty Rochester

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4477161

REALTOR® Association of Southern Minnesota

APN: 23.0206.000

Minnesota Fillmore County Preston 55965

22991 State Hwy 16, Preston, MN

This home is located at 22991 State Hwy 16, Preston, MN 55965 since 13 May 2013 and is currently estimated at $594,479, approximately $292 per square foot. This property was built in 1991. 22991 State Hwy 16 is a home located in Fillmore County with nearby schools including Kingsland Elementary School, Kingsland Middle School, and Kingsland Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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