Seller's Agent in 2024
Derrick Witt
LPT Realty, LLC
(952) 373-1492
2 in this area
39 Total Sales
328 E 4th St Litchfield, MN 55355
4
Beds
4
Baths
2,832
Sq Ft
16,988
Sq Ft
About This Home
As of March 2024With 20% down, this is a terrific opportunity for a cash flowing investment property. Future upgrades would add additional property and rental value. With as little as 5% down, this is an amazing opportunity for an owner occupant who wants to live in one unit, rent out the other three, and potentially live for free. Build equity while your tenants pay off your mortgage. There are four units each of which have 1 bedroom and 1 bath. It is closer than you think: 66 miles to the heart of Minneapolis. 42 miles to St Cloud 37 miles to Buffalo 27 miles to Willmar 21 miles to Hutchinson
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,290
Year Built
- Built in 1890
Lot Details
- Lot Dimensions are 80x210
- Few Trees
Home Design
- Quadruplex
- Wood Siding
- Shake Siding
Interior Spaces
- 2,832 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- Boiler Heating System
Community Details
- 4 Units
- Crosbys Add Subdivision
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for electricity, gas, insurance, grounds care, repairs, snow removal, taxes, trash collection, water
- Assessor Parcel Number 271413000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/07/2024 03/07/24 | Sold | $199,000 | 0.0% | $70 / Sq Ft |
| 02/10/2024 02/10/24 | Pending | -- | -- | -- |
| 12/13/2023 12/13/23 | Price Changed | $199,000 | -5.2% | $70 / Sq Ft |
| 10/31/2023 10/31/23 | Price Changed | $209,900 | -2.4% | $74 / Sq Ft |
| 10/05/2023 10/05/23 | Price Changed | $215,000 | -2.2% | $76 / Sq Ft |
| 08/11/2023 08/11/23 | For Sale | $219,900 | -- | $78 / Sq Ft |
Source: NorthstarMLS
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 | $2,136 | $158,600 | $38,500 | $120,100 |
| 2024 | $2,136 | $135,100 | $35,000 | $100,100 |
| 2023 | $2,290 | $135,100 | $35,000 | $100,100 |
| 2022 | $2,020 | $129,300 | $29,200 | $100,100 |
| 2021 | $2,046 | $109,300 | $29,200 | $80,100 |
| 2020 | $2,152 | $109,300 | $29,200 | $80,100 |
| 2019 | $1,902 | $109,300 | $29,200 | $80,100 |
| 2018 | $1,490 | $109,300 | $29,200 | $80,100 |
| 2017 | $1,520 | $86,800 | $29,200 | $57,600 |
| 2016 | $1,630 | $85,300 | $27,700 | $57,600 |
| 2015 | $1,276 | $0 | $0 | $0 |
| 2014 | $1,276 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Derrick Witt
-
Geri Dahmes
Buyer's Agent in 2024
Geri Dahmes
Weichert REALTORS Tower Properties
(320) 979-8818
1 in this area
10 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6416568
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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