Seller's Agent in 2024
Alexis Hamalainen
Local Realty Inc.
(320) 279-0818
52 Total Sales
2737 Old Highway 61 S Hinckley, MN 55037
Estimated Value: $199,000 - $398,000
4
Beds
2
Baths
3,430
Sq Ft
$84/Sq Ft
Est. Value
Highlights
- No HOA
- Living Room
- Forced Air Heating and Cooling System
- 2 Car Attached Garage
- 1-Story Property
- Dining Room
About This Home
As of March 2024Residential AND commercial land! Nestled just off HWY 61 in Hinckley, this duplex home offers a unique blend of commercial and residential possibilities on over 13 acres of prime land. The all-one-level residence, currently configured as a duplex, features two complete dwellings under one roof- both with elegant hickory cabinets and an open floor plan. Wood stove-heated attached garage. Multiple additional buildings with concrete floors. Remnants of its storied past as the International Tractor and truck dealership remain. The buyer will have some scrap and materials left behind from this. A minor basement wall adjustment is needed, but this promising location is an ideal hub for a home-based business or rental income property. Plus, two billboards on the property yield almost $3,000 annually, adding an attractive financial dimension to this location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,590
Year Built
- Built in 1980
Lot Details
- 13.86 Acre Lot
- Additional Parcels
Parking
- 2 Car Attached Garage
- Heated Garage
- Insulated Garage
Home Design
- Property Attached
- Vinyl Siding
Interior Spaces
- 3,430 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Boiler Heating System
- Propane
- Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 150415000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 30, 2023
Closed on
Mar 6, 2024
Sold by
Gustafson Gail Marie and Gustafson Arthur Edward
Bought by
Erickson Annette
Seller's Agent
Alexis Hamalainen
Local Realty Inc.
Buyer's Agent
Kurt Sutherland
eXp Realty
List Price
$325,000
Sold Price
$180,000
Premium/Discount to List
-$145,000
-44.62%
Views
112
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,000
Avg. Annual Appreciation
32.68%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Erickson Annette | $180,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/06/2024 03/06/24 | Sold | $180,000 | -39.8% | $52 / Sq Ft |
| 02/14/2024 02/14/24 | Pending | -- | -- | -- |
| 01/31/2024 01/31/24 | Price Changed | $299,000 | -8.0% | $87 / Sq Ft |
| 12/31/2023 12/31/23 | For Sale | $325,000 | -- | $95 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $2,971 | $363,400 | $53,600 | $309,800 |
| 2024 | $2,814 | $361,500 | $45,000 | $316,500 |
| 2023 | $1,854 | $331,100 | $42,800 | $288,300 |
| 2022 | $2,384 | $208,900 | $44,300 | $164,600 |
| 2021 | $2,576 | $224,900 | $37,500 | $187,400 |
| 2020 | $2,802 | $229,900 | $57,900 | $172,000 |
| 2019 | $2,638 | $240,600 | $53,000 | $187,600 |
| 2018 | $1,912 | $222,500 | $49,000 | $173,500 |
| 2017 | $1,860 | $168,200 | $49,000 | $119,200 |
| 2016 | $1,774 | $161,700 | $49,000 | $112,700 |
| 2014 | $1,892 | $133,100 | $42,792 | $90,308 |
Source: Public Records
Agents Affiliated with this Home
-
Alexis Hamalainen
-
Kurt Sutherland
Buyer's Agent in 2024
Kurt Sutherland
eXp Realty
(763) 227-6009
68 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6472506
APN: 015.0415.000
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