NOT LISTED FOR SALE

24693 520th St Pine Island, MN 55963

Estimated Value: $384,000 - $445,000

3 Beds
1 Bath
1,056 Sq Ft
$394/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $382,000 $362 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,424/month

3 Days on Market

Highlights

  • Deck
  • Stainless Steel Appliances
  • 1-Story Property
  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of June 2023

Rare 6.35 acreage with barn set up for horses. This serene and beautiful property has been well maintained. 5 minutes from Pine Island and 20 minutes from Rochester. Also has 45x30 Pole shed. Home has new granite countertops and stainless steel appliances. Basement is ready to be finished off as you please. All right off blacktop road. This is a great opportunity to live country life while still close to town.

Last Agent to Sell the Property

Jody Wellman

Edina Realty, Inc. Listed on: 05/09/2023

Edina Realty, Inc.

Last Buyer's Agent

Dylan Shaw

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,142

Year Built

  • Built in 1985

Lot Details

  • 6.35 Acre Lot
  • Partially Fenced Property
  • Electric Fence
  • Wire Fence
  • Zoning described as Agriculture

Parking

  • 2 Car Garage

Home Design

  • Wood Foundation
  • Vinyl Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Propane
  • Private Water Source
  • Well
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 140040200

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,142

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Private, Well
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 1056
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic,Satellite
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Wood
  • Appliances: Dryer, Exhaust Fan, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Living Area: 1056
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom
  • SqFtTotal: 2112.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: Electric, Partial, Wire
  • Other Structures: Barn(s), Chicken Coop/Barn, Machine Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck
  • Farm Type: Horse,Poultry

Garage/Parking

  • Parking Features: Detached, Gravel

Utilities

  • Heating: Forced Air
  • Sewer: Mound Septic, Private Sewer
  • Electric: Circuit Breakers
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Pine Island
  • SchoolDistrictPhone: 507-356-4849

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Irreg
  • Lot Size Sq Ft: 276606
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Agriculture
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 140040200
  • Tax Annual Amount: 3142
  • TaxWithAssessments: 3170.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Jun 12, 2023
Sold by
Kalstabakken Dale and Kalstabakken Debra
Bought by
Swenson Mitchell and Manges Julia
Seller's Agent
Jody Wellman
Edina Realty, Inc.
Buyer's Agent
Dylan Shaw
eXp Realty
List Price
$365,000
Sold Price
$382,000
Premium/Discount to List
$17,000
4.66%
Views
45
Current Estimated Value
$416,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,069
Avg. Annual Appreciation
3.49%
Original Mortgage
$382,000
Outstanding Balance
$371,860
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$44,209
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Swenson Mitchell $382,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swenson Mitchell $382,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2023 06/14/23 Sold $382,000 +4.7% $362 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $365,000 -- $346 / 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
2025 $2,932 $375,700 $111,400 $264,300
2024 $2,840 $355,400 $111,400 $244,000
2023 $3,170 $341,100 $111,400 $229,700
2022 $2,854 $332,900 $111,400 $221,500
2021 $2,530 $267,400 $84,500 $182,900
2020 $2,466 $251,700 $79,500 $172,200
2019 $2,442 $239,700 $74,500 $165,200
2018 $2,212 $224,800 $74,500 $150,300
2017 $2,124 $200,800 $74,500 $126,300
2016 $2,024 $195,100 $74,500 $120,600
2015 $2,010 $184,100 $67,800 $116,300
2014 $1,594 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6361673

NorthstarMLS

APN: 14.004.0200