NOT LISTED FOR SALE

348 Elm Ave E Delano, MN 55328

Estimated Value: $163,000 - $209,592

4 Beds
1 Bath
2,000 Sq Ft
$95/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $120,000 $60 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,232/month

149 Days on Market

Highlights

  • Deck
  • Corner Lot
  • The kitchen features windows
  • Delano Elementary School Rated A
  • No HOA
  • Porch

About This Home

As of October 2023

Opportunity knocks just a few blocks from downtown Delano. Oversized, corner lot (1/3 acre) within walking distance to historic downtown, river trails/parks, schools, local restaurants, shopping and so much more! Current home is in need of rehab. Bring your ideas to restore this beautiful, spacious two-story back to its 1880's glory with its classic crown molding, high ceilings, and large room sizes. This property is zoned R5 which allows you to tear down and build your dream home on a uniquely oversized lot OR this lot is also approved for up to a Duplex. Sold AS-IS.

Last Agent to Sell the Property

Kurt Peterson

RE/MAX Advantage Plus Listed on: 04/12/2023

RE/MAX Advantage Plus

Last Buyer's Agent

Shanthala Marulasiddaiah

National Realty Guild

National Realty Guild

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 1885

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 150 x 99
  • Corner Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Unfinished Basement
  • Partial Basement
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Boiler Heating System
  • Radiant Heating System

Community Details

  • No Home Owners Association
  • Litchfields Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 107022005150

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,056

Year Built

Built in 1885

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Year Built: 1885
  • Above Grade Finished Sq Ft: 2000
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 30 x 25
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Other, Partial, Unfinished
  • Living Area: 2000
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Deck, Dining Room, Family Room, Porch

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Additional Garage
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached, Gravel, Open
  • Garage Square Feet: 396
  • ParkingOpen: 1

Utilities

  • Heating: Boiler, Radiant
  • Sewer: City Sewer - In Street
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window

Schools

  • Junior High Dist: Delano
  • SchoolDistrictNumber: 879
  • SchoolDistrictPhone: 763-972-3365

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 150 x 99
  • Lot Size Sq Ft: 14897.52
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco, Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 107022005150
  • Tax Annual Amount: 2056
  • TaxWithAssessments: 2056.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Oct 3, 2023
Sold by
Nordling Brian and Nordling Kristin
Bought by
Haase Dillon and Haase Derrick
Seller's Agent
Kurt Peterson
RE/MAX Advantage Plus
Buyer's Agent
Shanthala Marulasiddaiah
National Realty Guild
List Price
$188,000
Sold Price
$120,000
Premium/Discount to List
-$68,000
-36.17%
Total Days on Market
149
Views
695
Current Estimated Value
$190,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,398
Avg. Annual Appreciation
31.62%

Purchase Details

Closed on
Sep 12, 2022
Sold by
Nordling Richard and Nordling Kathleen
Bought by
Nordling Brian
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 Buyer Sale Price Title Company
Haase Dillon $120,000 --
Nordling Brian $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haase Dillon $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2023 10/03/23 Sold $120,000 -19.9% $60 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/29/2023 08/29/23 Price Changed $149,900 -11.8% $75 / Sq Ft
07/07/2023 07/07/23 Price Changed $170,000 -9.6% $85 / Sq Ft
04/12/2023 04/12/23 For Sale $188,000 -- $94 / 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 $1,952 $123,000 $77,000 $46,000
2023 $2,152 $168,300 $77,000 $91,300
2022 $2,056 $187,300 $70,000 $117,300
2021 $1,986 $161,700 $55,000 $106,700
2020 $2,014 $156,000 $50,000 $106,000
2019 $1,902 $152,000 $0 $0
2018 $1,720 $117,000 $0 $0
2017 $1,660 $104,500 $0 $0
2016 $1,662 $0 $0 $0
2015 $1,296 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6352264

NorthstarMLS

APN: 107-022-005150