NOT LISTED FOR SALE

317 N Section Ave Spring Valley, MN 55975

Estimated Value: $127,000 - $174,000

3 Beds
1 Bath
1,266 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $53,900 $43 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $899/month

294 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Porch
  • Wood Flooring
  • 1 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of May 2014

Conveniently located near school, downtown business district, gas station &restaurants. This home features formal dining & living room w/hardwood floors, large eat in kitchen, main floor laundry, updated bath w/ new tub & shower surround, toilet & vanity & 3 bdrms. Large back deck, alley access to garage/shed in back yard. Priced to sell!!

Last Agent to Sell the Property

Brenda Sheldon

Property Brokers of Minnesota, Inc. Listed on: 07/13/2013

Last Buyer's Agent

Jay Webster

Edina Realty Rochester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $750

Year Built

  • Built in 1917

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 57x148
  • Few Trees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,266 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Stone Basement
  • Block Basement Construction

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 360626000

Home Details

Home Type

Single Family

Est. Annual Taxes

$750

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors
  • Amenities Exterior: Deck, Driveway - Gravel, Porch
  • Estimated Number of Acres: 0.19
  • Parcel Number: 360626000
  • Property Adjoins Public Land: Yes
  • Range: 13.00
  • Section: 33.00
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Twp Number: 103.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Upper Level Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: On Level: Upper
  • Room 2: On Level: Upper
  • Room 3: On Level: Upper
  • Room 4: On Level: Main
  • Room 5: On Level: Main
  • Room 9: On Level: Main
  • Room 12: On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block, Stone
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1266
  • Total Fin Square Footage: 1266
  • Total Square Footage: 2110

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 57x148
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1917

Tax Info

  • Year: 2012
  • Tax Value: 750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2018
Sold by
Bmb Properties Llc
Bought by
Rathbun Wade N and Reed Lindy
Current Estimated Value
$150,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,804
Outstanding Balance
$56,728
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$94,270

Purchase Details

Closed on
Mar 19, 2018
Sold by
Wells Fargo Bank Na
Bought by
Bmb Properties Llc

Purchase Details

Listed on
Jul 13, 2013
Closed on
May 20, 2014
Sold by
Tangen Roger and Estate Of The Gail Bundy
Bought by
Olness Keith D and Olness Dorothy
Seller's Agent
Brenda Sheldon
Property Brokers of Minnesota, Inc.
Buyer's Agent
Jay Webster
Edina Realty Rochester
List Price
$66,000
Sold Price
$53,900
Premium/Discount to List
-$12,100
-18.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$52,910
Interest Rate
4.28%
Mortgage Type
FHA
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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Purchase History

Date Buyer Sale Price Title Company
Rathbun Wade N $66,000 --
Bmb Properties Llc $41,600 --
Olness Keith D $53,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rathbun Wade N $64,804
Previous Owner Olness Keith D $52,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $53,900 -18.3% $43 / Sq Ft
05/03/2014 05/03/14 Pending -- -- --
07/13/2013 07/13/13 For Sale $66,000 -- $52 / 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 $1,408 $124,500 $19,800 $104,700
2024 $1,408 $110,600 $19,800 $90,800
2023 $906 $110,600 $19,800 $90,800
2022 $906 $104,100 $19,800 $84,300
2021 $906 $76,100 $14,800 $61,300
2020 $898 $76,100 $14,800 $61,300
2019 $736 $66,800 $14,800 $52,000
2018 $634 $66,800 $14,800 $52,000
2017 -- $59,400 $14,800 $44,600
2016 $630 $57,900 $14,800 $43,100
2015 $714 $36,200 $8,885 $27,315
2014 $714 $39,400 $8,889 $30,511
2013 $714 $40,900 $8,876 $32,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4507027

REALTOR® Association of Southern Minnesota

APN: 36.0626.000