NOT LISTED FOR SALE

242 N Central Ave Truman, MN 56088

Estimated Value: $108,879

5 Beds
1.5 Baths
1,756 Sq Ft
$62/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $68,900 $39 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $717/month

87 Days on Market

Highlights

  • Workshop
  • 2 Car Detached Garage
  • Double Pane Windows
  • Formal Dining Room
  • Porch
  • Woodwork

About This Home

As of November 2020

REDUCED!! SELLER WILL CONSIDER A CONTRACT FOR DEED WITH ACCEPTABLE TERMS! Don't miss out on this house with 5 bedrooms, 2 baths and a double garage with a walk-up loft! New windows within past 2 years, newer roof, central air 3 years old, freshly painted interior, and exterior painted within past few years. New stairs installed to garage loft recently. 2 main level bedrooms and 3 upper level bedrooms, bath on each level. Main level laundry. Move-in condition! Don't miss out on a great house ONLY $68,900!!!

Last Listed By

Vonda Herding

Edina Realty Inc. Mankato License #0093573 Listed on: 08/17/2020

Edina Realty Inc.  Mankato

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $675

Year Built

  • Built in 1918

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 75x142
  • Landscaped with Trees

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,756 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Double Pane Windows
  • Window Treatments
  • Formal Dining Room
  • Workshop
  • Tile Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 411000850

Home Details

Home Type

Single Family

Est. Annual Taxes

$675

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups, Double Pane Windows (L), Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Driveway - Shared, Patio, Porch
  • Estimated Number of Acres: 0.27
  • Assessment Balance: 69
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1756
  • L V T Date: 08/18/2020
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 411000850
  • Price Per Square Foot: 29
  • Sold Price Per Sq Ft: 29
  • Stories: 2 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 744
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: Main Floor 1/2 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 3: Master Bedroom, On Level: Main
  • Room 4: Bedroom, On Level: Main
  • Room 5: Bathroom, On Level: Main
  • Room 6: Laundry Room, On Level: Main
  • Room 7: On Level: Second Floor
  • Room 8: Bedroom, On Level: Second Floor
  • Room 9: Bedroom, On Level: Second Floor
  • Room 10: Bathroom, On Level: Second Floor
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1756
  • Tot Above Grade Sq Ft: 1756
  • Total Fin Square Footage: 1756
  • Total Square Footage: 2380
  • Tot Below Grade Sq Ft: 624

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Construction Type: Frame/Wood
  • Exterior: Fiber Board
  • Out Buildings: Workshop, Garage
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Truman #458

Lot Info

  • Estimated Lot Dimensions: 75x142
  • Lot/Land Description: Landscaped, Tree Coverage - Medium, Paved Streets

Building Info

  • Year Built: 1918

Tax Info

  • Year: 2020
  • Tax Value: 675

MLS Schools

  • School District: Truman #458

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Nov 25, 2020
Sold by
Lovell Julie M
Bought by
Donovan Mary and Donovan Richard
Seller's Agent
Vonda Herding
Edina Realty Inc. Mankato
Buyer's Agent
Logan Silker
ACTION REALTY OF MANKATO
List Price
$72,900
Sold Price
$68,900
Premium/Discount to List
-$4,000
-5.49%
Total Days on Market
87
Current Estimated Value
$108,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,979
Avg. Annual Appreciation
13.31%
Original Mortgage
$50,900
Outstanding Balance
$46,517
Interest Rate
2.8%
Mortgage Type
Land Contract Argmt. Of Sale
Estimated Equity
$73,492

Purchase Details

Closed on
Feb 20, 2018
Sold by
Lovell Jon B
Bought by
Lovell Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,400
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2017
Sold by
Lovell Jon B
Bought by
Lovell Julie M

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
Donovan Mary $68,900 None Available
Lovell Julie M -- North American Title Co
Lovell Julie M -- None Available
Donovan Mary Mary $68,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovan Mary $50,900
Closed Lovell Julie M $48,400
Previous Owner Lovell Julie M $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $68,900 0.0% $39 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
09/21/2020 09/21/20 Price Changed $68,900 -5.5% $39 / Sq Ft
08/17/2020 08/17/20 For Sale $72,900 -- $42 / 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 $1,350 $110,500 $4,500 $106,000
2023 $1,160 $102,400 $3,000 $99,400
2022 $1,026 $85,000 $3,000 $82,000
2021 $884 $63,400 $3,000 $60,400
2020 $744 $54,300 $2,900 $51,400
2019 $798 $46,500 $2,900 $43,600
2018 $622 $42,500 $2,900 $39,600
2017 $674 $25,500 $1,740 $23,760
2016 $614 $28,500 $1,740 $26,760
2015 $453 $24,400 $1,803 $22,597
2013 $540 $26,500 $1,739 $24,761
Source: Public Records

Agents Affiliated with this Home

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Source: REALTOR® Association of Southern Minnesota

MLS Number: 7025016

REALTOR® Association of Southern Minnesota

APN: 411000850