NOT LISTED FOR SALE

307 Central Ave Buffalo, MN 55313

Estimated Value: $249,000 - $320,000

4 Beds
2 Baths
800 Sq Ft
$337/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $95,000 $119 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $1,680/month

112 Days on Market

Highlights

  • 2 Car Detached Garage
  • Patio
  • Forced Air Heating System
  • Northwinds Elementary School Rated A-
  • Landscaped with Trees

About This Home

As of August 2012

OLDER 2-STORY DUPLEX-NEW WINDOWS & NEW ROOF 2005. MANY UPDATES DONE, SOME STILL NEEDED. SOLID HOME, LOTS OF POTENTIAL, WALKING DISTANCE TO DOWNTOWN, LAKE, SCHOOLS, & CHURCH. Good investment property cash flows.

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

  • $1,434

Year Built

  • Built in 1900

Lot Details

  • Property fronts a county road
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 800 Sq Ft Home
  • Partial Basement
  • Range

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, fuel, snow, water/sewer
  • The owner pays for lawn, maint/repair
  • Assessor Parcel Number 103026007010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,434

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessments: Unknown
  • Construction: Previously Owned
  • Parcel Number: 103026007010
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 800
  • Total Fin Square Footage: 800

Exterior Features

  • Frontage Road: County, City, Sidewalk
  • Exterior: Brick
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Patio

Lot Info

  • Lot/Land Description: Tree Coverage - Medium

Rental Info

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

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 5080

Tax Info

  • Year: 2012
  • Tax Value: 1434

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
$104,500
Sold Price
$95,000
Premium/Discount to List
-$9,500
-9.09%
Current Estimated Value
$269,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,927
Avg. Annual Appreciation
8.13%

Purchase Details

Closed on
Jul 29, 2005
Sold by
Flugel Geraldine M and Flugel Daniel E
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 $141,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $95,000 -9.1% $119 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
04/17/2012 04/17/12 For Sale $104,500 -- $131 / 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 $3,228 $210,300 $70,000 $140,300
2024 $2,778 $207,700 $70,000 $137,700
2023 $2,778 $206,700 $70,000 $136,700
2022 $2,836 $174,800 $40,000 $134,800
2021 $2,824 $158,300 $40,000 $118,300
2020 $2,704 $155,300 $40,000 $115,300
2019 $2,186 $143,600 $0 $0
2018 $2,004 $121,100 $0 $0
2017 $1,854 $110,900 $0 $0
2016 $1,784 $0 $0 $0
2015 $1,556 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3590288

REALTOR® Association of Southern Minnesota

APN: 103-026-007010