NOT LISTED FOR SALE

305 Central Ave Buffalo, MN 55313

Estimated Value: $277,000 - $345,000

3 Beds
2 Baths
1,684 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $95,000 $56 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $1,913/month

112 Days on Market

Highlights

  • Wood Flooring
  • 3 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Northwinds Elementary School Rated A-
  • Landscaped with Trees
  • Community Deck or Porch

About This Home

As of August 2012

WELL KEPT 2 STORY DUPLEX IN HEART OF BUFFALO. SHOULD CASH FLOW NICELY. MANY UPDATES Since 2003 INCL GAS WATER HTR, PLUMBING , NEW FURN, NEW A/C, NEW ELEC PANEL & WIRING, MN FL LDRY IN 1ST FL UNIT, LG 30X26 3 CAR GAR WITH M/F SIDING. GREAT LOCATION

Last Agent to Sell the Property

James Peterson

James Peterson Listed on: 04/17/2012

Last Buyer's Agent

Stephen Schmitz

Keller Williams Classic Rlty NW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,137

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 75x140
  • Landscaped with Trees

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,684 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Short Sale
  • Tenant pays for electric, fuel, snow, trash
  • The owner pays for lawn, maint/repair, water/sewer
  • Assessor Parcel Number 103026006051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,137

Year Built

Built in 1915

Lot Details

0

Parking

3

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessments: Unknown
  • Construction: Previously Owned
  • Parcel Number: 103026006051
  • Potential Short Sale: Yes
  • Street Designation: Avenue
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1684
  • Total Fin Square Footage: 1684

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Exterior: Fiber Board, Wood
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Asphalt

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 3

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Porch

Lot Info

  • Lot/Land Description: Tree Coverage - Medium
  • Estimated Lot Dimensions: 75X140

Rental Info

  • Owner Expense: Lawn, Maint/Repair, Water/Sewer
  • Tenant Expense: Electric, Fuel, Snow, Trash

Building Info

  • Year Built: 1915

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 6185

Tax Info

  • Year: 2011
  • Tax Value: 2137

MLS Schools

  • School District: Buffalo-Hanover-Montrose #877

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2012
Closed on
Aug 31, 2012
Sold by
D & D Real Properties Llc
Bought by
Cmt Enterprises Llc
Seller's Agent
James Peterson
James Peterson
Buyer's Agent
Stephen Schmitz
Keller Williams Classic Rlty NW
List Price
$98,500
Sold Price
$95,000
Premium/Discount to List
-$3,500
-3.55%
Current Estimated Value
$301,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,658
Avg. Annual Appreciation
9.08%

Purchase Details

Closed on
Jun 1, 2005
Sold by
Robasse William R
Bought by
D & D Real Properties Llc
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
Cmt Enterprises Llc $290,000 --
D & D Real Properties Llc $180,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $95,000 -3.6% $56 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
04/17/2012 04/17/12 For Sale $98,500 -- $58 / 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 $4,022 $258,900 $71,300 $187,600
2024 $3,560 $258,700 $71,300 $187,400
2023 $3,560 $272,600 $70,000 $202,600
2022 $3,584 $224,100 $40,000 $184,100
2021 $3,552 $200,100 $40,000 $160,100
2020 $3,402 $195,300 $40,000 $155,300
2019 $2,904 $180,700 $0 $0
2018 $2,666 $160,900 $0 $0
2017 $2,494 $147,500 $0 $0
2016 $2,398 $0 $0 $0
2015 $2,096 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    James Peterson

    James Peterson

  • S

    Buyer's Agent in 2012

    Stephen Schmitz

    Keller Williams Classic Rlty NW

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3593347

REALTOR® Association of Southern Minnesota

APN: 103-026-006051

Minnesota Wright County Buffalo 55313

305 Central Ave, Buffalo, MN

Not Listed for Sale

MultiFamily

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