$115,000
SOLD MAY 20, 2025

32 Morgan St Tracy, MN 56175

3 Beds
2 Baths
1,388 Sq Ft
0.25 Acres

Recently Sold

$83 Per Sq Ft

3% Below List Price

34 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • Patio
  • 1-Story Property
  • Dining Room

About This Home

As of May 2025

Three bed 2 bathroom home with plenty of charm.
Move your family right in or invest and rent it out, either way this home has a lot to offer. Walk into kitchen and notice the 9 ft. ceilings, kitchen, dining, living room, 2 bedrooms and a bathroom all on the main floor.
Downstairs a partially finished basement with a additional bedroom, bathroom and plenty of space to finish, and grow! This home has a spacious 2 car garage, patio area and room for a garden.
This home will need escrow for new sewer line from the home to the street.
Tracy has a great school system, Aquatic center, city parks, Churches, Hospital, bank, restaurants, convenience store, lumber and hardware stores and plenty of employment.

Last Agent to Sell the Property

Steve Struchen

Real Estate Retrievers LLC Listed on: 03/19/2025

Co-Listed By

Larry Pires

Real Estate Retrievers LLC

Last Buyer's Agent

Paia Wiese

Minnesota Lands and Homes Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,004

Year Built

  • Built in 1925

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 62.5 x 175

Parking

  • 2 Car Garage

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2Nd Railway Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 311043520

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,004

Year Built

Built in 1925

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: 1925
  • Above Grade Finished Sq Ft: 988
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1388
  • Fireplace: No
  • Below Grade Finished Sq Ft: 400
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 528
  • ParkingOpen: 2

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Tracy Area
  • SchoolDistrictNumber: 2904
  • SchoolDistrictPhone: 507-629-5500

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 62.5 x 175
  • Lot Size Sq Ft: 10890
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 311043520
  • Tax Annual Amount: 1004
  • TaxWithAssessments: 1004.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
May 20, 2025
Sold by
Boring Mitchell and Boring Cierra
Bought by
Vue Yee Feng
Seller's Agent
Steve Struchen
Real Estate Retrievers LLC
Buyer's Agent
Paia Wiese
Minnesota Lands and Homes Real Estate
List Price
$119,000
Sold Price
$115,000
Premium/Discount to List
-$4,000
-3.36%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.74%
Original Mortgage
$112,917
Outstanding Balance
$112,917
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
-$1,890

Purchase Details

Listed on
Aug 12, 2024
Closed on
Sep 20, 2024
Sold by
Swanson Nathan and Swanson Barbara
Bought by
Boring Mitchell
Seller's Agent
Steve Struchen
Real Estate Retrievers LLC
Buyer's Agent
Steve Struchen
Real Estate Retrievers LLC
List Price
$82,500
Sold Price
$83,430
Premium/Discount to List
$930
1.13%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.62%
Original Mortgage
$82,930
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2024
Closed on
Sep 17, 2024
Sold by
Lanbo Properties Llc
Bought by
Swanson Nathan R and Swanson Barbara N
Seller's Agent
Steve Struchen
Real Estate Retrievers LLC
Buyer's Agent
Steve Struchen
Real Estate Retrievers LLC
List Price
$82,500
Sold Price
$83,430
Premium/Discount to List
$930
1.13%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,930
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2018
Sold by
Lanbo Properties Llc
Bought by
Swanson Nathan R and Swanson Barbara N

Purchase Details

Closed on
Feb 4, 2011
Sold by
First Independent Bank
Bought by
Lambo Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,600
Interest Rate
6.75%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $115,000 Title And Abstract Services
Deed $83,430 --
Warranty Deed $29,000 None Listed On Document
Contract Of Sale $29,000 None Available
Limited Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,917 FHA
Previous Owner $82,930 New Conventional
Previous Owner $123,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $115,000 0.0% $83 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
04/04/2025 04/04/25 Price Changed $115,000 -3.4% $83 / Sq Ft
03/19/2025 03/19/25 For Sale $119,000 +42.6% $86 / Sq Ft
09/20/2024 09/20/24 Sold $83,430 +1.1% $60 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $82,500 -- $59 / 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 $1,004 $53,400 $4,600 $48,800
2023 $956 $47,400 $4,000 $43,400
2022 $856 $39,600 $4,000 $35,600
2021 $850 $32,100 $4,000 $28,100
2020 $862 $32,200 $4,000 $28,200
2019 $942 $32,300 $4,000 $28,300
2018 $904 $36,200 $4,000 $32,200
2017 $904 $36,200 $4,000 $32,200
2016 $1,166 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6684140

NorthstarMLS

APN: 31-104352-0