NOT LISTED FOR SALE

28800 505th St Elgin, MN 55932

Estimated Value: $338,447 - $365,000

3 Beds
1 Bath
1,788 Sq Ft
$195/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $124,654 $70 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $2,211/month

29 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Living Room
  • Plainview-Elgin-Millville Elementary School (PK-3) Rated A-
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of March 2016

BANK-OWNED FORECLOSURE. PROPERTY SOLD 'AS IS' WITH NO REPAIRS, WARRANTY or WATER ACTIVATION. AUCTION LISTING (web tech fee and buyer premium (BP) apply) or TRADITIONAL LISTING (no BP). Buyer should have representation, inspection, and verify dimensions.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,342

Year Built

  • Built in 1976

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 181 x 137

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 020033200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,342

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1976
  • Above Grade Finished Sq Ft: 1192
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Unfinished
  • Living Area: 1788
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 596
  • Dining Room Type: Living Room, Dining Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 576

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Other

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Plainview-Elgin-Millville
  • SchoolDistrictNumber: 2899
  • SchoolDistrictPhone: 507-534-3651

Lot Info

  • Lot Size: 181 x 137
  • Lot Size Sq Ft: 24829.2
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Building Info

  • Construction Materials: Brick/Stone, Other

Tax Info

  • Tax Year: 2015
  • Assessor Parcel Number: 020033200
  • Tax Annual Amount: 1342
  • TaxWithAssessments: 1342.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2015
Closed on
Feb 26, 2016
Bought by
Neumann Benjamin Benjamin
List Price
$115,500
Sold Price
$124,654
Premium/Discount to List
$9,154
7.93%
Total Days on Market
29
Current Estimated Value
$348,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,208
Avg. Annual Appreciation
11.24%
Original Mortgage
$99,723
Interest Rate
3.62%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Neumann Benjamin Benjamin $124,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neumann Benjamin O $98,630
Closed Neumann Benjamin O $20,000
Closed Neumann Benjamin Benjamin $99,723
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $124,654 +7.9% $70 / Sq Ft
01/12/2016 01/12/16 Pending -- -- --
12/14/2015 12/14/15 For Sale $115,500 -- $65 / 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
2024 $3,214 $290,000 $65,000 $225,000
2023 $3,182 $287,100 $65,000 $222,100
2022 $3,274 $254,300 $76,400 $177,900
2021 $3,278 $251,100 $76,400 $174,700
2020 $3,306 $239,800 $76,400 $163,400
2019 $2,040 $240,700 $76,400 $164,300
2018 $1,724 $224,200 $61,100 $163,100
2017 $1,490 $210,300 $61,100 $149,200
2016 $1,332 $0 $0 $0
2015 $1,332 $0 $0 $0
2012 $1,460 $0 $0 $0
Source: Public Records

Map

Similar Homes in the area

  • 675 1st St SE, Elgin, MN 55932

    $414,900

    • 2 Beds
    • 2 Baths
    • 1,211 Sq Ft
    • 675 1st St SE
    • Elgin, MN

    Upgraded plan with many improved specs over typical new build. Great lot over 1/2 acre, one lot remains if this home sells quickly, which is likely!

    Thomas Meilander Edina Realty, Inc.

    Section Image
  • 29369 County Road 25, Elgin, MN 55932

    $322,500

    • 5 Beds
    • 2 Baths
    • 1,860 Sq Ft
    • 29369 County Road 25
    • Elgin, MN

    New listing! Welcome to this stunning country lot on the outskirts of town, offering the perfect blend of privacy and convenience. Nestled on 1.44 acres surrounded by mature trees, this property is a serene retreat from the hustle and bustle. It features 5 bedrooms and 2 full bathrooms and is designed with comfort in mind. The open-concept dining area extends to a double deck, perfect for

    Sumner Willers Counselor Realty of Rochester

    Section Image
  • 645 1st Ave NE, Plainview, MN 55964

    $379,900

    • 3 Beds
    • 2 Baths
    • 1,606 Sq Ft
    • 645 1st Ave NE
    • Plainview, MN

    Rare new construction 3-bedroom, 3-bath patio home with all bedrooms and baths conveniently located on a single level. This stunning home features an open floor plan with a large kitchen island, hard surface countertops, and stainless steel appliances. Step outside to a stamped concrete patio and enjoy the expansive 1/2-acre lot. Additional highlights include a spacious 3-car garage, perfect for

    Chris Drury Edina Realty, Inc.

    Section Image

Source: NorthstarMLS

MLS Number: 5126789

NorthstarMLS

APN: R-02.00332.00