NOT LISTED FOR SALE

31253 State Hwy 250 Lanesboro, MN 55949

Estimated Value: $249,000 - $479,000

3 Beds
2 Baths
2,080 Sq Ft
$151/Sq Ft Est. Value

Last Sold February 22, 2012

Last sale price $72,000 $35 Per Sq Ft

Est. 348% increase in value since last sale

Current estimated payment $1,824/month

Highlights

  • Deck
  • Landscaped with Trees
  • 1-Story Property
  • Eat-In Kitchen
  • Bathroom on Main Level
  • Forced Air Heating System

About This Home

As of February 2012

Affordable country living on black top. Completely finished up and down. 3 bedroom 2 bath home minutes from Lanesboro and only 35-40 minutes from Rochester or Winona.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,512

Year Built

  • 1975

Lot Details

  • 1.25 Acre Lot
  • Property fronts a highway
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction
  • Natural lighting in basement

Parking

  • 1 Car Garage
  • Tuck Under Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Powered By Owned Propane
  • Electric Water Heater
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 130150030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,512

Year Built

1975

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Gravel
  • Estimated Number of Acres: 1.25
  • Foreclosure: Yes
  • Mechanicals: Fuel Tank-Rented, Water Heater-Electric
  • Parcel Number: 130150030
  • Stories: 1 Story
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Appliances: Dishwasher
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Bedroom, 12'6'x10', On Level: Main
  • Room 2: Bedroom, 9'x13', On Level: Main
  • Room 3: Bedroom, 12'2'x11', On Level: Main
  • Room 4: Den/Office, 15'6'x8', On Level: Basement
  • Room 8: Great Room, 11'8'x25'6', On Level: Basement
  • Room 9: Kitchen, 23'4'x9', On Level: Main
  • Room 11: Laundry Room, 8'2'x8', On Level: Basement
  • Room 12: Living Room, 12'6'x19'6', On Level: Main
  • Room 15: Other, 8x7, On Level: Basement
  • Basement Features: Daylight/Lookout Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1196
  • Below Grade Finished Sq Ft: 884
  • Total Fin Square Footage: 2080
  • Total Square Footage: 2080

Exterior Features

  • Frontage Road: Highway, Paved
  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Tuckunder
  • Garage Capacity: 1

Utilities

  • Fuel: Electric, Propane - Tank Owned
  • Heat: Baseboard, Forced Air
  • Sewer: Private
  • Water: Shared

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2016
Sold by
Culbertson Jared W and Culbertson Shelista
Bought by
Gustafson Michael P
Current Estimated Value
$322,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
3.66%
Mortgage Type
VA

Purchase Details

Listed on
Jan 4, 2012
Closed on
Feb 20, 2012
Sold by
Marine Credit Union
Bought by
Culbertson Jaree W
List Price
$79,900
Sold Price
$72,000
Premium/Discount to List
-$7,900
-9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$68,400
Interest Rate
8.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2011
Sold by
Brazee Michael L and Brazee Mary J
Bought by
Marine Credit Union

Purchase Details

Closed on
Nov 18, 2011
Sold by
Hatlevig Darrell G and Hatlevig Georgene R
Bought by
Marine Credit Union

Purchase Details

Closed on
Sep 7, 2006
Sold by
Moen Susan and Moen Mervin L
Bought by
Brazee Michael L and Brazee Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Gustafson Michael P $142,500 None Available
Culbertson Jaree W $72,000 None Available
Marine Credit Union -- None Available
Marine Credit Union -- None Available
Brazee Michael L $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gustafson Michael P $142,500
Previous Owner Culbertson Jaree W $68,400
Previous Owner Brazee Michael L $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2012 02/22/12 Sold $72,000 -9.9% $35 / Sq Ft
01/25/2012 01/25/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $79,900 -- $38 / 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 $1,512 $262,500 $50,000 $212,500
2024 $1,512 $187,700 $32,000 $155,700
2023 $1,226 $187,700 $32,000 $155,700
2022 $1,226 $153,100 $37,300 $115,800
2021 $1,226 $153,100 $37,300 $115,800
2020 $1,000 $153,100 $37,300 $115,800
2019 $1,052 $153,100 $37,300 $115,800
2018 $864 $153,100 $37,300 $115,800
2017 -- $144,800 $35,500 $109,300
2016 $578 $141,300 $32,000 $109,300
2015 $666 $96,300 $23,977 $72,323
2014 $666 $96,300 $23,977 $72,323
2013 $666 $95,700 $23,925 $71,775
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4180557

REALTOR® Association of Southern Minnesota

APN: 13.0150.030