NOT LISTED FOR SALE

305 8th Ave SE Pine City, MN 55063

Estimated Value: $184,000 - $232,000

4 Beds
2 Baths
1,816 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $21,500 $12 Per Sq Ft

Est. 908% increase in value since last sale

Current estimated payment $1,456/month

102 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Community Deck or Porch
  • 2 Car Detached Garage

About This Home

As of August 2012

Legal duplex, 2 bedrooms/1 bath on upper level. 2 bedrooms/1 bath on main floor. Unfinished basement, shared porch. 2 car detached garage. Double lot.

Last Agent to Sell the Property

Michael Nehmzow

Get You Moved Realty Listed on: 04/08/2012

Last Buyer's Agent

Jacob Kruse

Solutions Real Estate GroupLLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1897

Lot Details

  • 0.32 Acre Lot
  • Corner Lot
  • Irregular Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,816 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 425429000

Property Details

Home Type

Multi-Family

Year Built

Built in 1897

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Parcel Number: 425429000
  • Estimated Number of Acres: 0.32
  • Comp Dev Subdiv Name: Townsite Of Pine City
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1816
  • Total Fin Square Footage: 1816

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Gravel

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Porch

Lot Info

  • Lot/Land Description: Corner Lot, Irregular Lot
  • Estimated Lot Dimensions: 13,725 sq ft

Building Info

  • Year Built: 1897

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2010
  • Tax Value: 1458

MLS Schools

  • School District: Pine City #578

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2019
Sold by
Jruse Koncepts Llc
Bought by
305 Llc
Current Estimated Value
$216,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Outstanding Balance
$33,495
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$183,200

Purchase Details

Closed on
Jun 28, 2013
Sold by
Kruse Jacob
Bought by
Kruse Koncepts Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.52%
Mortgage Type
Unknown

Purchase Details

Listed on
Apr 8, 2012
Closed on
Aug 31, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Kruse Jacob
Seller's Agent
Michael Nehmzow
Get You Moved Realty
Buyer's Agent
Jacob Kruse
Solutions Real Estate GroupLLC
List Price
$30,000
Sold Price
$21,500
Premium/Discount to List
-$8,500
-28.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.94%
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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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
305 Llc $160,412 Signatures Closing & Title
Kruse Koncepts Llc -- None Available
Kruse Jacob -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 305 Llc $71,200
Previous Owner Kruse Koncepts Llc $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $21,500 -28.3% $12 / Sq Ft
07/19/2012 07/19/12 Pending -- -- --
04/08/2012 04/08/12 For Sale $30,000 -- $17 / 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 $3,804 $215,700 $43,700 $172,000
2024 $3,530 $246,800 $36,000 $210,800
2023 $3,220 $227,500 $41,700 $185,800
2022 $2,962 $190,800 $30,300 $160,500
2021 $2,854 $153,600 $26,400 $127,200
2020 $3,050 $141,700 $23,200 $118,500
2019 $2,772 $148,200 $21,500 $126,700
2018 $2,712 $131,200 $19,500 $111,700
2017 $2,556 $127,700 $19,500 $108,200
2016 $2,034 $121,500 $19,500 $102,000
2014 $1,606 $98,900 $19,500 $79,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3590950

REALTOR® Association of Southern Minnesota

APN: 042.5429.000