NOT LISTED FOR SALE

261 E Morgan St Tracy, MN 56175

Estimated Value: $49,000 - $111,000

2 Beds
1 Bath
980 Sq Ft
$81/Sq Ft Est. Value

Last Sold November 28, 2014

Last sale price $10,600 $11 Per Sq Ft

Est. 651% increase in value since last sale

Current estimated payment $460/month

62 Days on Market

Highlights

  • 1 Car Detached Garage
  • Agricultural
  • Baseboard Heating

About This Home

As of November 2014

This is a Fannie Mae Home Path Property. This is small but has potential for a first time home buyer or as an investment property as a rental unit.

Last Agent to Sell the Property

Jean Fast

River's Edge Realty Listed on: 09/05/2014

Last Buyer's Agent

Jean Fast

River's Edge Realty Listed on: 09/05/2014

Home Details

Home Type

  • Single Family

Year Built

  • 1928

Lot Details

  • 3,964

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Block Basement Construction

Farming

  • Agricultural

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Powered By Owned Propane

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 311220170

Home Details

Home Type

Single Family

Year Built

1928

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Agricultural
  • Style: SF Single Family
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Parcel Number: 311220170
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 12x15, On Level: Main
  • Room 2: Bedroom, 10x12, On Level: Main
  • Room 3: Bedroom, 8x6, On Level: Main
  • Room 4: Kitchen, 8x6, On Level: Main
  • Room 5: Bathroom, 2x6, On Level: Main
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 660
  • Below Grade Finished Sq Ft: 320
  • Total Fin Square Footage: 980
  • Total Square Footage: 660

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Aluminum
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Wall
  • Fuel: Propane - Tank Owned
  • Heat: Baseboard
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 65*80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2014
Closed on
Nov 26, 2014
Bought by
Root Kathryn Kathryn
Seller's Agent
Jean Fast
River's Edge Realty
Buyer's Agent
Jean Fast
River's Edge Realty
List Price
$10,500
Sold Price
$10,600
Premium/Discount to List
$100
0.95%
Current Estimated Value
$79,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,013
Avg. Annual Appreciation
19.90%
Original Mortgage
$9,600
Outstanding Balance
$7,367
Interest Rate
3.97%
Estimated Equity
$72,246

Purchase Details

Listed on
Sep 5, 2014
Closed on
Nov 24, 2014
Sold by
Federal National Mortgage Association
Bought by
Root Kathryn
Seller's Agent
Jean Fast
River's Edge Realty
Buyer's Agent
Jean Fast
River's Edge Realty
List Price
$10,500
Sold Price
$10,600
Premium/Discount to List
$100
0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,600
Outstanding Balance
$7,367
Interest Rate
3.97%
Estimated Equity
$72,246

Purchase Details

Closed on
Oct 2, 2012
Sold by
Jpmorgan Chase Bank Na
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Root Kathryn Kathryn $10,600 --
Root Kathryn -- Title One Inc
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Root Kathryn Kathryn $9,600
Closed Root Kathryn $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2014 11/28/14 Sold $10,600 +1.0% $11 / Sq Ft
11/06/2014 11/06/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $10,500 -- $11 / 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
2025 $522 $40,100 $3,400 $36,700
2024 $484 $37,300 $3,400 $33,900
2023 $462 $34,000 $2,700 $31,300
2022 $422 $28,200 $2,700 $25,500
2021 $420 $22,900 $2,700 $20,200
2020 $426 $22,900 $2,700 $20,200
2019 $320 $22,900 $2,700 $20,200
2018 $298 $16,800 $2,700 $14,100
2017 $298 $16,800 $2,700 $14,100
2016 $308 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4671604

REALTOR® Association of Southern Minnesota

APN: 31-122017-0