NOT LISTED FOR SALE

307 1st St NE Racine, MN 55967

Estimated Value: $269,000 - $297,000

3 Beds
2 Baths
1,232 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $245,000 $199 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,776/month

5 Days on Market

Highlights

  • No HOA
  • The kitchen features windows
  • Living Room
  • Bonner Elementary School Rated A-
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of July 2023

Wonderful 1989 ranch style home with nearly 2,500 sq. ft. and a two car garage situated on an acre lot. Featuring main floor living, 3 bedrooms on the same floor, 2 baths, central air and plenty of room to expand in the lower level. Appreciate the large lot, private backyard, gardens and pond areas. Solid home features a maintenance free exterior, good roof, pour foundation, concrete patio and front deck. Recent updates include furnace and water heater. Great man cave or shop (20’ x 24’) with metal exterior, electricity, insulation and concrete floor. Enjoy small town living! Selling ”AS-IS”!

Last Agent to Sell the Property

Tim Danielson

Elcor Realty of Rochester Inc. Listed on: 06/23/2023

Last Buyer's Agent

Debra Quimby

Re/Max Results

Re/Max Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,798

Year Built

  • Built in 1989

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 100x426
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Drain
  • Basement Storage

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service

Community Details

  • No Home Owners Association
  • Sjsanborn's Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 290040040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,798

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1989
  • Above Grade Finished Sq Ft: 1232
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • FoundationDimensions: 28x44
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Full, Concrete, Storage Space, Unfinished
  • Appliances: Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Washer
  • Living Area: 1232
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Kitchen, Laundry, Living Room, Bedroom 1, Bedroom 2, Bedroom 3
  • SqFtTotal: 2464.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Attached Garage, Gravel, Concrete, Garage Door Opener, Heated Garage
  • Garage Square Feet: 576
  • ParkingOpen: 4
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 150 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Window,Main Floor Primary Bedroom,Patio

Schools

  • Junior High Dist: Stewartville
  • SchoolDistrictNumber: 534
  • SchoolDistrictPhone: 507-533-1438

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 100x426
  • Lot Size Sq Ft: 42688.8
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 290040040
  • Tax Annual Amount: 2798
  • TaxWithAssessments: 2798.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Jul 27, 2023
Sold by
Derr Kenton
Bought by
Sadler Thomas and Sadler Marcia
Seller's Agent
Tim Danielson
Elcor Realty of Rochester Inc.
Buyer's Agent
Debra Quimby
Re/Max Results
List Price
$245,000
Sold Price
$245,000
Views
20
Current Estimated Value
$279,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,332
Avg. Annual Appreciation
5.56%
Original Mortgage
$196,000
Outstanding Balance
$192,398
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$81,021

Purchase Details

Closed on
May 8, 2009
Sold by
Derr Rebecca L
Bought by
Derr Kenton J
Source: Public Records

Range of Values:

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Average Value
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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
Sadler Thomas $245,000 --
Derr Kenton J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadler Thomas $196,000
Previous Owner Derr Kenton J $58,900
Previous Owner Derr Kenton J $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2023 07/27/23 Sold $245,000 0.0% $199 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $245,000 -- $199 / 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 $2,794 $268,200 $40,000 $228,200
2023 $2,798 $277,800 $40,000 $237,800
2022 $2,860 $249,400 $35,000 $214,400
2021 $2,630 $227,900 $32,500 $195,400
2020 $2,588 $203,000 $32,500 $170,500
2018 $688 $191,900 $32,500 $159,400
2017 $1,376 $0 $0 $0
2016 $1,400 $0 $0 $0
2015 $1,524 $0 $0 $0
2012 $1,524 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6390188

NorthstarMLS

APN: 29-004-0040