NOT LISTED FOR SALE

36771 541st Ave Lafayette, MN 56054

Estimated Value: $241,077 - $279,000

3 Beds
2 Baths
1,061 Sq Ft
$245/Sq Ft Est. Value

Sale Details

Date Sold: July 26, 2019

Last sale price $212,000 $200 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,498 / mo

71 Days on Market

Highlights

  • Deck
  • Pole Barn
  • Porch
  • New Ulm High School Rated 9+
  • Workshop
  • Water Softener is Owned

About This Home

As of July 2019

Come and see this move in ready farm site near Lafayette, MN! This is a 3 bedroom, 1 3/4 bath home with many updated features. Kitchen was updated in 2017, new steel roof, new windows, updated flooring & newer appliances. Enjoy the 40’ x 64’ shop with wood burning furnace, plumbed air line, loft for storage, great lighting & many outlets. This is a hunter’s paradise with 6.13 ac of wetland.

Last Agent to Sell the Property

JOSEPH MAIDL

MAGES LAND COMPANY & AUCTION SERVIC Listed on: 04/14/2019

Last Buyer's Agent

JOSEPH MAIDL

MAGES LAND COMPANY & AUCTION SERVIC Listed on: 04/14/2019

Home Details

Home Type

  • Single Family

Year Built

  • 1928

Lot Details

  • 8.81 Acre Lot
  • Lot Dimensions are 420 x 970

Parking

  • Gravel Driveway

Home Design

  • Poured Concrete
  • Frame Construction
  • Metal Roof
  • Steel Siding

Interior Spaces

  • 1,061 Sq Ft Home
  • Workshop
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Freezer

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Pole Barn
  • Porch

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Private Water Source
  • Electric Water Heater
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 02.017.0505 & 02.017.0510

Home Details

Home Type

Single Family

Year Built

1928

Lot Details

8.81 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Gravel, Porch
  • Estimated Number of Acres: 8.81
  • Assessments: Yes
  • Foundation Size: 624
  • L V T Date: 04/15/2019
  • Mechanicals: Water Heater-Electric, Water Softener-Owned
  • Parcel Number: 02.017.0505 & 02.017.0510
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Appliances: Dryer, Freezer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 12x12, On Level: Main
  • Room 2: Dining Room, 12x12, On Level: Main
  • Room 3: Family Room, 12x12, On Level: Main
  • Room 4: Bedroom, 10x10, On Level: Upper
  • Room 5: Bedroom, 10x12.5, On Level: Upper
  • Room 6: Bedroom, 10x12.5, On Level: Upper
  • Room 7: 5x12, On Level: Upper
  • Room 8: Laundry Room, 6x11, On Level: Main
  • Room 9: Porch, 8x20, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1061
  • Tot Above Grade Sq Ft: 1061
  • Total Fin Square Footage: 1061
  • Total Square Footage: 1685
  • Tot Below Grade Sq Ft: 624

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Steel
  • Out Buildings: Pole Building, Workshop
  • Roof: Metal

Utilities

  • Cooling: Window
  • Fuel: Oil, Wood
  • Heat: Hot Water
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 420 x 970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2019
Closed on
Jul 26, 2019
Sold by
Wieland Ryan J and Wieland Michelle
Bought by
Schreiner Thomas M
Seller's Agent
JOSEPH MAIDL
MAGES LAND COMPANY & AUCTION SERVIC
Buyer's Agent
JOSEPH MAIDL
MAGES LAND COMPANY & AUCTION SERVIC
List Price
$234,500
Sold Price
$212,000
Premium/Discount to List
-$22,500
-9.59%
Current Estimated Value
$260,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,269
Avg. Annual Appreciation
3.08%
Original Mortgage
$190,210
Outstanding Balance
$166,692
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$93,577
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Schreiner Thomas M $212,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schreiner Thomas M $190,210
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2019 07/26/19 Sold $212,000 -3.6% $200 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
05/31/2019 05/31/19 Price Changed $219,900 -2.2% $207 / Sq Ft
04/30/2019 04/30/19 Price Changed $224,900 -4.1% $212 / Sq Ft
04/14/2019 04/14/19 For Sale $234,500 -- $221 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,530 $218,900 $57,600 $161,300
2024 $1,594 $204,800 $57,600 $147,200
2023 $1,692 $201,900 $57,600 $144,300
2022 $1,698 $192,100 $57,600 $134,500
2021 $1,796 $172,600 $57,600 $115,000
2020 $1,580 $172,600 $57,600 $115,000
2019 $1,562 $158,900 $57,600 $101,300
2018 $1,530 $158,900 $57,600 $101,300
2017 -- $153,200 $0 $0
2016 $1,514 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    JOSEPH MAIDL

    MAGES LAND COMPANY & AUCTION SERVIC

    (507) 276-7749

    36 Total Sales

    JOSEPH MAIDL
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7020465

REALTOR® Association of Southern Minnesota

APN: R-02.017.0505

Minnesota Nicollet County Lafayette 56054

36771 541st Ave, Lafayette, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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