NOT LISTED FOR SALE

26555 540th Ave Lansing, MN 55950

Estimated Value: $68,000 - $94,000

1 Bed
1 Bath
440 Sq Ft
$183/Sq Ft Est. Value

Last Sold March 28, 2013

Last sale price $16,000 $36 Per Sq Ft

Est. 402% increase in value since last sale

Current estimated payment $481/month

126 Days on Market

Highlights

  • Eat-In Kitchen
  • 1-Story Property
  • Forced Air Heating System
  • Bathroom on Main Level

About This Home

As of March 2013

Quaint one bedroom. No frills, just a very affordable home. 100 amp service, forced air furnace. Taxes include $1,056/year for water, $448/year for city sewer.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $426

Year Built

  • 1948

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Frame Construction
  • Slate

Interior Spaces

  • 440 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 080390290

Home Details

Home Type

Single Family

Est. Annual Taxes

$426

Year Built

1948

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Eat-In Kitchen, Washer/Dryer Hookups
  • Estimated Number of Acres: 0.2
  • Assessment Balance: 3025
  • Assessments: Yes
  • Foreclosure: Yes
  • Parcel Number: 080390290
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1802
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Dining Room: Eat-In Kitchen
  • Total Bedrooms: 1
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Bedroom, 12x8, On Level: Main
  • Room 9: Kitchen, 12x9, On Level: Main
  • Room 12: Living Room, 10x18, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 440
  • Total Fin Square Footage: 440
  • Total Square Footage: 880

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Slate

Utilities

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

Schools

  • School District: Austin #492

Lot Info

  • Estimated Lot Dimensions: 66x132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2012
Closed on
Mar 28, 2013
Sold by
Accentra Credit Union
Bought by
Soj Johng and Soj Julie R
List Price
$24,900
Sold Price
$16,000
Premium/Discount to List
-$8,900
-35.74%
Total Days on Market
126
Current Estimated Value
$80,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,344
Avg. Annual Appreciation
14.24%

Purchase Details

Closed on
Jan 6, 2012
Sold by
Yerhart David A
Bought by
Accentra Credit Union

Purchase Details

Closed on
Apr 13, 2007
Sold by
Mid West Mennonite Fellowship Inc
Bought by
Yerhart David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Range of Values:

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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
Soj Johng $16,000 None Available
Accentra Credit Union $23,053 None Available
Yerhart David A $32,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yerhart David A $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2013 03/28/13 Sold $16,000 -35.7% $36 / Sq Ft
03/12/2013 03/12/13 Pending -- -- --
11/06/2012 11/06/12 For Sale $24,900 -- $57 / 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 $426 $59,800 $20,000 $39,800
2023 $706 $59,600 $20,000 $39,600
2022 $810 $56,400 $20,000 $36,400
2021 $790 $69,100 $32,000 $37,100
2020 $788 $63,100 $32,000 $31,100
2018 $311 $58,700 $32,000 $26,700
2017 $622 $0 $0 $0
2016 $634 $0 $0 $0
2015 $1,802 $0 $0 $0
2012 $1,802 $0 $0 $0
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4416050

REALTOR® Association of Southern Minnesota

APN: 08-039-0290