NOT LISTED FOR SALE

28883 505th St Elgin, MN 55932

Estimated Value: $301,000 - $354,000

3 Beds
2 Baths
1,568 Sq Ft
$208/Sq Ft Est. Value

Last Sold April 16, 2013

Last sale price $75,000 $48 Per Sq Ft

Est. 334% increase in value since last sale

Current estimated payment $1,837/month

42 Days on Market

Highlights

  • Fireplace
  • 2 Car Attached Garage
  • Wood Siding
  • Plainview-Elgin-Millville Elementary School (PK-3) Rated A-
  • Baseboard Heating

About This Home

As of April 2013

Split entry home located on a large 2 acre lot surrounded by trees. Finished basement includes a large family room with fireplace. Please be prepared for no utilities.

Home Details

Home Type

  • Single Family

Year Built

  • 1973

Lot Details

  • 2 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

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

Utilities

  • Baseboard Heating
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 020034800

Home Details

Home Type

Single Family

Year Built

1973

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 2
  • Construction: Previously Owned
  • Parcel Number: 020034800
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: On Level: Main
  • Room 2: On Level: Main
  • Room 3: On Level: Basement
  • Room 6: On Level: Basement
  • Room 9: On Level: Main
  • Room 11: On Level: Basement
  • Room 12: On Level: Main
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 816
  • Below Grade Finished Sq Ft: 752
  • Total Fin Square Footage: 1568
  • Total Square Footage: 1632

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Fuel: Electric
  • Heat: Baseboard
  • Sewer: Private
  • Water: Shared

Lot Info

  • Estimated Lot Dimensions: irreg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2022
Sold by
Kreofsky Bryan
Bought by
Sheahan Joshua
Current Estimated Value
$325,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Outstanding Balance
$224,517
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$101,196

Purchase Details

Closed on
Sep 30, 2016
Sold by
Kreofsky Kenneth P and Kreofsky Jane L
Bought by
Kreofsky Bryan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2012
Closed on
Apr 5, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Kreofsky Kenneth P
List Price
$98,000
Sold Price
$75,000
Premium/Discount to List
-$23,000
-23.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%

Purchase Details

Closed on
Jul 17, 2012
Sold by
Everbank
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
May 9, 2007
Sold by
Walch Matthew J and Walch Amy E
Bought by
Nordine Christopher A and Laugen Jamie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,900
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2005
Sold by
Walch Matthew J and Walch Amy E
Bought by
Walch Matthew J and Walch Amy E
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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Purchase History

Date Buyer Sale Price Title Company
Sheahan Joshua $275,000 --
Kreofsky Bryan D $90,000 None Available
Kreofsky Kenneth P -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Nordine Christopher A $150,900 None Available
Walch Matthew J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheahan Joshua $232,000
Previous Owner Kreofsky Bryan D $93,000
Previous Owner Nordine Christopher A $150,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2013 04/16/13 Sold $75,000 -23.5% $48 / Sq Ft
01/15/2013 01/15/13 Pending -- -- --
12/04/2012 12/04/12 For Sale $98,000 -- $63 / 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 $1,746 $265,400 $65,000 $200,400
2024 $1,746 $251,700 $65,000 $186,700
2023 $1,428 $249,600 $65,000 $184,600
2022 $2,682 $192,600 $73,100 $119,500
2021 $2,686 $187,900 $73,100 $114,800
2020 $2,706 $180,500 $73,100 $107,400
2019 $1,438 $181,200 $73,100 $108,100
2018 $1,214 $166,300 $58,500 $107,800
2017 $1,236 $156,800 $58,500 $98,300
2016 $1,272 $0 $0 $0
2015 $1,272 $0 $0 $0
2012 $1,202 $0 $0 $0
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4422908

REALTOR® Association of Southern Minnesota

APN: R-02.00348.00

Minnesota Wabasha County Elgin 55932

28883 505th St, Elgin, MN

Not Listed for Sale

Detached

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