Seller's Agent in 2022
Kathy Rohlik
Montgomery Holst Realty
(507) 259-8576
42 in this area
94 Total Sales
370 5th St SW Plainview, MN 55964
5
Beds
2
Baths
3,107
Sq Ft
8,276
Sq Ft Lot
Highlights
- Corner Lot
- 2 Car Attached Garage
- Coin Laundry
- Plainview-Elgin-Millville Elementary School (PK-3) Rated A-
- Forced Air Heating System
About This Home
As of December 2022Looking for an investment property? Doing a 1031 before year end 2022? This duplex with 2 units: 2 bed, 1 bath and a 3 bed, 1 bath, is fully leased. Nice floor plans in each unit with modern kitchens and full appliances. Shared laundry room locked to each unit. Upper level covered porch and lower unit patio provides nice outside space. Located on a large corner lot with ample parking in driveway and street, located in the heart of town. 2-stall garage for main level unit. NEW roof coming in 2023 due to hail storm in summer 2022, with seller agreement for holdback. Great income providing property!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,440
Year Built
- Built in 1950
Lot Details
- Lot Dimensions are 75x141
- Corner Lot
Parking
- 2 Car Attached Garage
Home Design
- Duplex
Interior Spaces
- 3,107 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Utilities
- Forced Air Heating System
- 150 Amp Service
Listing and Financial Details
- Tenant pays for cable TV, insurance
- The owner pays for electricity, gas, insurance, grounds care, repairs, taxes, trash collection, water
- Assessor Parcel Number 260050003
Community Details
Overview
- 2 Units
- Fosters Add Subdivision
Amenities
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 28, 2022
Closed on
Dec 28, 2022
Sold by
Ebin Matthew and Elit Jacob
Bought by
Agi Properties Of Oronoco Llc
Seller's Agent
Kathy Rohlik
Montgomery Holst Realty
Buyer's Agent
Jay Holst
Montgomery Holst Realty
List Price
$259,900
Sold Price
$220,000
Premium/Discount to List
-$39,900
-15.35%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,627
Avg. Annual Appreciation
9.36%
Original Mortgage
$217,580
Outstanding Balance
$211,091
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$66,536
Purchase Details
Closed on
Mar 22, 2019
Sold by
Sailor Todd L and Sailor Shari L
Bought by
Ebin Matthew M and Elit Jacob D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
6.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 3, 2014
Bought by
Sailor Todd Todd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.19%
Purchase Details
Closed on
Apr 14, 2006
Sold by
Steffen Kathleen L
Bought by
Phillips Irene M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.59%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $220,000 | -- | |
| Warranty Deed | $220,000 | Rochester Title | |
| Deed | $140,000 | -- | |
| Warranty Deed | $152,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $217,580 | New Conventional | |
| Previous Owner | $209,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $112,000 | No Value Available | |
| Previous Owner | $15,200 | Stand Alone Second | |
| Previous Owner | $121,600 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2022 12/29/22 | Sold | $220,000 | -15.4% | $71 / Sq Ft |
| 12/20/2022 12/20/22 | Pending | -- | -- | -- |
| 11/28/2022 11/28/22 | For Sale | $259,900 | +18.1% | $84 / Sq Ft |
| 11/28/2022 11/28/22 | Off Market | $220,000 | -- | -- |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,632 | $256,600 | $31,900 | $224,700 |
| 2024 | $3,632 | $249,400 | $31,900 | $217,500 |
| 2023 | $3,706 | $283,900 | $31,900 | $252,000 |
| 2022 | $3,440 | $251,100 | $24,500 | $226,600 |
| 2021 | $3,436 | $211,200 | $24,500 | $186,700 |
| 2020 | $2,972 | $201,000 | $24,500 | $176,500 |
| 2019 | $2,830 | $169,300 | $21,000 | $148,300 |
| 2018 | $2,276 | $151,700 | $21,000 | $130,700 |
| 2017 | $2,200 | $127,500 | $17,500 | $110,000 |
| 2016 | $2,170 | $0 | $0 | $0 |
| 2015 | $2,170 | $0 | $0 | $0 |
| 2012 | $2,520 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2022
Jay Holst
Montgomery Holst Realty
(507) 273-7662
39 in this area
63 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6312755
APN: R-26.00500.03
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