NOT LISTED FOR SALE

325 5th St S Cannon Falls, MN 55009

Estimated Value: $188,975 - $303,000

3 Beds
2 Baths
1,925 Sq Ft
$137/Sq Ft Est. Value

Last Sold September 10, 2014

Last sale price $95,100 $49 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $1,657/month

126 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • Community Deck or Porch

About This Home

As of September 2014

Well-maintained duplex with 22 years of full occupancy. One bedroom in upper unit. Two bedrooms in lower unit. Both have private outdoor living spaces and off-street parking. All appliances included. Great investment or easily convert to single famil

Last Agent to Sell the Property

Ginger Bauer

Edina Realty, Inc. Listed on: 04/15/2014

Last Buyer's Agent

Gerald Husaby

Cannon Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 1880

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 59x139
  • Corner Lot
  • Few Trees

Parking

  • Gravel Driveway

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1,925 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Baseboard Heating

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Tenant pays for cable TV, electric
  • The owner pays for fuel, lawn, maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,506

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Projected Closed Date: 09/10/2014
  • Stories: 2 Story
  • Taxes With Assessments: 1506
  • Estimated Number of Acres: 0.19
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1925
  • Total Fin Square Footage: 1925

Exterior Features

  • Frontage Road: City
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Gravel

Utilities

  • Heat: Baseboard

Condo/Co-op/Association

  • Shared: Porch

Schools

  • School District: Cannon Falls #252

Lot Info

  • Lot/Land Description: Corner Lot, Tree Coverage - Light
  • Estimated Lot Dimensions: 59x139

Rental Info

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

Building Info

  • Year Built: 1880

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2014
  • Tax Value: 1506

MLS Schools

  • School District: Cannon Falls #252

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2015
Sold by
Jacobsen Steven M and Jacobsen Kristi J
Bought by
Jorben Llc
Current Estimated Value
$263,744

Purchase Details

Listed on
Apr 15, 2014
Closed on
Sep 10, 2014
Sold by
Nelson Karl Karl
Bought by
Jacobsen Steven Steven
Seller's Agent
Ginger Bauer
Edina Realty, Inc.
Buyer's Agent
Gerald Husaby
Cannon Realty Inc
List Price
$114,000
Sold Price
$95,100
Premium/Discount to List
-$18,900
-16.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
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
Jorben Llc -- None Available
Jacobsen Steven Steven $95,100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2014 09/10/14 Sold $95,100 -16.6% $49 / Sq Ft
08/19/2014 08/19/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $114,000 -- $59 / 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 $2,674 $170,500 $57,000 $113,500
2024 -- $170,500 $57,000 $113,500
2023 $2,278 $153,800 $45,000 $108,800
2022 $2,346 $141,800 $36,000 $105,800
2021 $2,256 $129,500 $36,000 $93,500
2020 $2,188 $122,100 $36,000 $86,100
2019 $2,024 $115,100 $36,000 $79,100
2018 $1,864 $106,100 $27,000 $79,100
2017 $1,756 $101,200 $27,000 $74,200
2016 $1,692 $94,100 $27,000 $67,100
2015 $1,528 $90,600 $27,000 $63,600
2014 -- $83,400 $30,000 $53,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4648916

REALTOR® Association of Southern Minnesota

APN: 52.100.3800