NOT LISTED FOR SALE

404 2nd St Welcome, MN 56181

Estimated Value: $188,000 - $223,000

4 Beds
2 Baths
2,208 Sq Ft
$90/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $185,455 $84 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,227/month

30 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Mud Room
  • Walk-In Pantry
  • Corner Lot
  • No HOA
  • The kitchen features windows

About This Home

As of September 2024

Welcome to this 4BR/2BA 2 story home, perfectly situated on a large corner lot. While the exterior awaits your personal touch with a fresh coat of paint, the interior is move-in ready and brimming with updates. The spacious kitchen features a walk-in pantry and room for an island! The dining room, complete with two storage closets and a built-in hutch, is perfect for family meals and entertaining guests. Just off the front door, the cozy living room provides a welcoming space to relax. Convenience is key with a main floor bedroom and a 3/4 bath. Upstairs, you'll find the primary bedroom with a walk-in closet, along with two additional bedrooms with no closets. The full bath has a jetted tub (no shower). One of the standout features of this property is the massive 40x24 detached metal garage, accommodating up to four vehicles. The house is topped with a durable metal roof, enhancing its long-term value. Newer flooring in most rooms. Water heater 2021. Newer windows. Appliances stay.

Last Agent to Sell the Property

Kim Kreiss

EXIT Realty - Great Plains Listed on: 07/29/2024

EXIT Realty - Great Plains

Last Buyer's Agent

Kim Kreiss

EXIT Realty - Great Plains Listed on: 07/29/2024

EXIT Realty - Great Plains

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,439

Year Built

  • Built in 1910

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 140x100
  • Corner Lot
  • Many Trees

Parking

  • 4 Car Garage

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Stone or Rock in Basement
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Village/Welcome Subdivision

Listing and Financial Details

  • Assessor Parcel Number 420600570

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,439

Year Built

Built in 1910

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 2208
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Partial, Stone/Rock, Unfinished
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2208
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Pantry (Walk-In), Bathroom, Bedroom 2, Bedroom 3, Bedroom 4, Mud Room, Foyer, Walk In Closet, Laundry

Beds/Baths

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

Exterior Features

  • Roof: Metal

Garage/Parking

  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

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

Schools

  • Junior High Dist: Martin County West
  • SchoolDistrictPhone: 507-728-8276

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 140x100
  • Lot Size Sq Ft: 13982.76
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 420600570
  • Tax Annual Amount: 1439
  • TaxWithAssessments: 1508.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Sep 27, 2024
Sold by
Olson Ashley N
Bought by
Moser Tre Michael
Seller's Agent
Kim Kreiss
EXIT Realty - Great Plains
Buyer's Agent
Kim Kreiss
EXIT Realty - Great Plains
List Price
$189,900
Sold Price
$185,455
Premium/Discount to List
-$4,445
-2.34%
Views
24
Current Estimated Value
$197,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,282
Avg. Annual Appreciation
6.12%
Original Mortgage
$172,900
Outstanding Balance
$171,130
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$26,607

Purchase Details

Closed on
Sep 6, 2018
Sold by
Crosby Payten and Crosby Paige
Bought by
Olson Ashley N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,141
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2017
Sold by
Aksenov Vladimir and Aksenov Logan
Bought by
Crosby Payten and Crosby Paige

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,453
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2010
Sold by
Aksenov Andrey and Aksenov Larisa A
Bought by
Aksenov Vladimir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,522
Interest Rate
4.5%
Mortgage Type
FHA
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
Moser Tre Michael $185,454 Title Team
Olson Ashley N $122,900 Jenkinson Abstract Co
Crosby Payten $114,900 Jenkinson Abstract Co
Aksenov Vladimir $73,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moser Tre Michael $172,900
Previous Owner Olson Ashley N $124,141
Previous Owner Crosby Payten $111,453
Previous Owner Aksenov Vladimir $72,522
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $185,455 -2.3% $84 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $189,900 -- $86 / 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 $2,302 $183,000 $12,900 $170,100
2024 $1,508 $148,300 $8,900 $139,400
2023 $1,904 $113,400 $4,800 $108,600
2022 $1,814 $107,500 $4,800 $102,700
2021 $1,758 $92,100 $4,800 $87,300
2020 $1,542 $90,100 $4,800 $85,300
2019 $940 $76,700 $4,800 $71,900
2018 $858 $62,100 $4,800 $57,300
2017 $780 $31,600 $2,884 $28,716
2016 $734 $31,600 $2,884 $28,716
2015 $651 $31,600 $2,884 $28,716
2013 $753 $33,800 $2,877 $30,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6576820

NorthstarMLS

APN: 420600570