NOT LISTED FOR SALE

401 5th St SW Pine Island, MN 55963

Estimated Value: $270,000 - $312,000

4 Beds
3 Baths
2,302 Sq Ft
$128/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $280,000 $122 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,907/month

10 Days on Market

Highlights

  • Deck
  • No HOA
  • Living Room
  • Main Floor Primary Bedroom
  • The kitchen features windows
  • 4-minute walk to Wazuweeta Park

About This Home

As of January 2024

Beautiful home with so many wonderful features! You are going to love everything this home has to offer with all the updates inside and out. This large 4-bedroom, 3 bath home features a spacious kitchen with stainless steel appliances plus a gas stove, tiled floors, finished lower level, huge deck, large 2 car garage with an attached lean-to area, 2 extra storage sheds, beautiful lot with fully fenced in backyard and so much more! Sellers have loved this home and have made numerous updates including; New Roof 2022, New Furnace & Dishwasher 2023, garage lean-to addition 2023, Washer & Dryer 2021, Oven & Microwave 2020.

Last Agent to Sell the Property

Corey Mercer

Jason Mitchell Group Listed on: 11/30/2023

Jason Mitchell Group

Last Buyer's Agent

Alexander Michae Negro

Counselor Realty of Rochester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,754

Year Built

  • Built in 1900

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 86x151
  • Property is Fully Fenced
  • Wood Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 687400240

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,754

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1752
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2302
  • Fireplace: No
  • Below Grade Finished Sq Ft: 550
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: Full, Wood
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener
  • Garage Square Feet: 528

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Tile Floors

Schools

  • Junior High Dist: Pine Island
  • SchoolDistrictNumber: 255
  • SchoolDistrictPhone: 507-356-4849

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 86x151
  • Lot Size Sq Ft: 12632.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 687400240
  • Tax Annual Amount: 3754
  • TaxWithAssessments: 3754.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Jan 19, 2024
Sold by
Eirikson Benjamin and Eirikson Jennifer
Bought by
Chape John and Chape Annette
Seller's Agent
Corey Mercer
Jason Mitchell Group
Buyer's Agent
Alexander Michae Negro
Counselor Realty of Rochester
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Views
32
Current Estimated Value
$294,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,331
Avg. Annual Appreciation
2.98%
Original Mortgage
$280,000
Outstanding Balance
$275,174
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$19,157

Purchase Details

Closed on
Jul 24, 2019
Sold by
Solem Michael and Solem Melissa
Bought by
Eirikson Benjamin and Eirikson Jennifer
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Chape John $280,000 --
Eirikson Benjamin $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chape John $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $280,000 +1.8% $122 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $275,000 -- $119 / 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
2025 $4,168 $278,000 $55,600 $222,400
2024 $4,168 $278,000 $55,600 $222,400
2023 $2,083 $270,100 $55,500 $214,600
2022 $3,410 $237,600 $42,100 $195,500
2021 $2,984 $199,000 $42,100 $156,900
2020 $2,792 $187,600 $33,700 $153,900
2019 $3,566 $176,200 $33,700 $142,500
2018 $3,326 $171,400 $33,700 $137,700
2017 $2,086 $154,400 $33,700 $120,700
2016 $1,892 $141,600 $33,700 $107,900
2015 $1,486 $138,100 $33,700 $104,400
2014 -- $131,900 $37,900 $94,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6464317

NorthstarMLS

APN: 68.740.0240