NOT LISTED FOR SALE

304 1st St NE Racine, MN 55967

Estimated Value: $239,000 - $268,565

4 Beds
2 Baths
1,840 Sq Ft
$136/Sq Ft Est. Value

Last Sold March 21, 2013

Last sale price $73,600 $40 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $1,602/month

107 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bonner Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of March 2013

4 bedroom 2 bathroom home. Over sized garage, private rear deck and a concrete area for extra parking or basketball.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,532

Year Built

  • 1984

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 65x140

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Concrete Fiber Board Siding

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 290040170

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,532

Year Built

1984

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.21
  • Assessment Balance: 19.75
  • Assessments: Yes
  • Parcel Number: 290040170
  • Taxes With Assessments: 1481.25
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1984

Interior Features

  • Total Bedrooms: 4
  • 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: Egress Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1020
  • Below Grade Finished Sq Ft: 820
  • Total Fin Square Footage: 1840
  • Total Square Footage: 2048

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Fiber Board

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Stewartville #534

Lot Info

  • Estimated Lot Dimensions: 65x140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2013
Sold by
Raygor Paul M and Raygor Annette
Bought by
Potter Adam J and Bakken Amanda
Total Days on Market
107
Current Estimated Value
$250,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,298
Outstanding Balance
$90,588
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$160,303

Purchase Details

Listed on
Nov 6, 2012
Closed on
Mar 19, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Raygor Paul M
List Price
$93,000
Sold Price
$73,600
Premium/Discount to List
-$19,400
-20.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%

Purchase Details

Closed on
Oct 4, 2012
Sold by
Citimortgage Inc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 15, 2012
Sold by
Kohler Ronald R and Kohler Theresa M
Bought by
Citimortgage Inc

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
Potter Adam J $119,900 --
Raygor Paul M -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Citimortgage Inc $114,258 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Adam J $122,298
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2013 03/21/13 Sold $73,600 -20.9% $40 / Sq Ft
02/21/2013 02/21/13 Pending -- -- --
11/06/2012 11/06/12 For Sale $93,000 -- $51 / 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 $2,532 $246,100 $40,000 $206,100
2023 $2,226 $254,800 $40,000 $214,800
2022 $2,080 $203,600 $35,000 $168,600
2021 $1,850 $173,100 $15,300 $157,800
2020 $1,772 $151,000 $15,300 $135,700
2018 $655 $140,000 $15,300 $124,700
2017 $1,310 $0 $0 $0
2016 $1,334 $0 $0 $0
2015 $1,464 $0 $0 $0
2012 $1,464 $0 $0 $0
Source: Public Records

Map

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Source: REALTOR® Association of Southern Minnesota

MLS Number: 4415960

REALTOR® Association of Southern Minnesota

APN: 29-004-0170