$173,000
SOLD NOV 2, 2012

351 W 4th St Waconia, MN 55387

5 Beds
2 Baths
2,096 Sq Ft
0.32 Acres

Recently Sold

$83 Per Sq Ft

4% Below List Price

21 Days on Market

Highlights

  • 2 Car Attached Garage
  • Woodwork
  • Landscaped with Trees
  • Southview Elementary School Rated 9+
  • Patio
  • 1-Story Property

About This Home

As of June 2014

This property is in terrific shape & could easily be converted to single family home. Beautiful yd w/trees, patio & shed, on dead end st. Main lvl tenants have double gar, 3Br & basement storage. LL tenants have 2BR's Kit & laundry. Mth to Mth leases.

Last Agent to Sell the Property

Gayle Dungey

Coldwell Banker Burnet Listed on: 09/10/2012

Last Buyer's Agent

Catherine Seck

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,147

Year Built

  • Built in 1971

Lot Details

  • 0.32 Acre Lot
  • Street terminates at a dead end
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Fiber Board Siding

Interior Spaces

  • 2,096 Sq Ft Home
  • 1-Story Property
  • Woodwork

Kitchen

  • Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain
  • Basement Window Egress

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Tenant pays for cable TV, electric, snow, trash
  • The owner pays for fuel, lawn, maint/repair
  • Assessor Parcel Number 754200010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,147

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Parcel Number: 754200010
  • Projected Closed Date: 11/10/2012
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 2172
  • Estimated Number of Acres: 0.32
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Basement Features: Drainage System, Egress Windows, Finished, Sump Pump, Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1196
  • Total Fin Square Footage: 2096
  • Below Grade Finished Sq Ft: 900

Exterior Features

  • Frontage Road: City, Dead End/No Outlet, Paved
  • Exterior: Fiber Board, Wood
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Concrete

Garage/Parking

  • Garage Type: Attached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Deck, Patio

Schools

  • School District: Waconia #110

Lot Info

  • Lot/Land Description: Tree Coverage - Medium
  • Estimated Lot Dimensions: .32

Rental Info

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

Building Info

  • Year Built: 1971

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2012
  • Tax Value: 2147

MLS Schools

  • School District: Waconia #110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2014
Closed on
Jun 5, 2014
Sold by
Luedloff Chad and Luedloff Jenny
Bought by
Irrgang James A and Irrgang Lynn T
Seller's Agent
Catherine Seck
Edina Realty, Inc.
Buyer's Agent
Keric Seck
Edina Realty, Inc.
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Current Estimated Value
$369,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,258
Avg. Annual Appreciation
3.97%
Original Mortgage
$198,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2012
Closed on
Nov 2, 2012
Sold by
Chalmers Mark R
Bought by
Luedloff Chad and Luedloff Jenny
Seller's Agent
Gayle Dungey
Coldwell Banker Burnet
Buyer's Agent
Catherine Seck
Edina Realty, Inc.
List Price
$179,900
Sold Price
$173,000
Premium/Discount to List
-$6,900
-3.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.10%
Original Mortgage
$169,800
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2002
Sold by
Stehr John W and Stehr Martha Ann
Bought by
Chalmers Mark and Chalmers Melissa
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $220,000 Edina Realty Title Inc
Warranty Deed $173,000 Edina Realty Title
Warranty Deed $168,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,000 New Conventional
Previous Owner $169,800 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2014 06/11/14 Sold $220,000 -4.3% $105 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $230,000 +32.9% $110 / Sq Ft
11/02/2012 11/02/12 Sold $173,000 -3.8% $83 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
09/10/2012 09/10/12 For Sale $179,900 -- $86 / 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 $3,640 $322,300 $100,000 $222,300
2024 $3,566 $303,300 $80,000 $223,300
2023 $3,720 $300,100 $80,000 $220,100
2022 $3,156 $319,000 $75,600 $243,400
2021 $3,120 $232,200 $63,000 $169,200
2020 $2,968 $229,200 $63,000 $166,200
2019 $2,844 $207,100 $60,000 $147,100
2018 $2,468 $207,100 $60,000 $147,100
2017 $2,526 $192,900 $51,400 $141,500
2016 $2,522 $179,100 $0 $0
2015 $2,044 $154,800 $0 $0
2014 $2,044 $133,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4397113

REALTOR® Association of Southern Minnesota

APN: 75.4200010