NOT LISTED FOR SALE

405 1st St N Hoffman, MN 56339

Estimated Value: $102,000 - $127,000

2 Beds
1 Bath
922 Sq Ft
$124/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $99,000 $107 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $639/month

77 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Dining Room
  • Living Room
  • Forced Air Heating System
  • Wood Siding

About This Home

As of September 2024

2 bedroom, 1 bathroom house in Hoffman with a large fenced in back yard! Perfect starter home or investment property with a lot of updates done and a few remaining to do. New furnace in 2021, new water heater in 2021, new fridge in in 2022, new washer & dryer in 2021, some newer doors, and windows, and much more. Small garage, storage shed, and close to the walking trail that leads to the beach. Enjoy the evenings on the large deck that over looks the spacious backyard!

Last Agent to Sell the Property

Mitchell Rohloff

Pomme de Terre Realty, LLC Listed on: 05/15/2024

Last Buyer's Agent

Brianna Norman

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $530

Year Built

  • Built in 1930

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150

Parking

  • 1 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 922 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Breezeway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 210415000

Home Details

Home Type

Single Family

Est. Annual Taxes

$530

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 922
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Living Area: 922
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2, Breezeway

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck

Schools

  • Junior High Dist: West Central Area
  • SchoolDistrictPhone: 320-528-2650

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 100 x 150
  • Lot Size Sq Ft: 14810.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 210415000
  • Tax Annual Amount: 530
  • TaxWithAssessments: 530.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Sep 13, 2024
Sold by
Sanderson Timothy and Sanderson Jennifer
Bought by
Baney Andrew
Seller's Agent
Mitchell Rohloff
Pomme de Terre Realty, LLC
Buyer's Agent
Brianna Norman
RE/MAX Advantage Plus
List Price
$124,900
Sold Price
$99,000
Premium/Discount to List
-$25,900
-20.74%
Views
57
Current Estimated Value
$113,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,997
Avg. Annual Appreciation
11.37%
Original Mortgage
$98,220
Outstanding Balance
$97,169
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$16,828

Purchase Details

Listed on
May 15, 2024
Closed on
Sep 11, 2024
Sold by
Sanderson Timothy and Sanderson Jennifer
Bought by
Baney Andrew Joseph
Seller's Agent
Mitchell Rohloff
Pomme de Terre Realty, LLC
Buyer's Agent
Brianna Norman
RE/MAX Advantage Plus
List Price
$124,900
Sold Price
$99,000
Premium/Discount to List
-$25,900
-20.74%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,220
Outstanding Balance
$97,169
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$16,828

Purchase Details

Listed on
May 15, 2024
Closed on
Sep 6, 2024
Sold by
Bullick Richard L and Bullick Stephanie
Bought by
Sanderson Timothy and Sanderson Jennifer
Seller's Agent
Mitchell Rohloff
Pomme de Terre Realty, LLC
Buyer's Agent
Brianna Norman
RE/MAX Advantage Plus
List Price
$124,900
Sold Price
$99,000
Premium/Discount to List
-$25,900
-20.74%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,220
Outstanding Balance
$97,169
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$16,828

Purchase Details

Closed on
Dec 12, 2013
Sold by
Falcon Natl Bk
Bought by
Sanderson Tim and Sanderson Jennifer
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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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
Baney Andrew $99,000 --
Baney Andrew Joseph $99,000 None Listed On Document
Sanderson Timothy $3,000 None Listed On Document
Sanderson Tim -- --
Sanderson Tim -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baney Andrew $98,220
Closed Baney Andrew Joseph $94,000
Closed Sanderson Tim $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold $99,000 -7.4% $107 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $106,900 -3.6% $116 / Sq Ft
06/26/2024 06/26/24 Price Changed $110,900 -2.6% $120 / Sq Ft
06/18/2024 06/18/24 Price Changed $113,900 -1.7% $124 / Sq Ft
05/29/2024 05/29/24 Price Changed $115,900 -3.3% $126 / Sq Ft
05/23/2024 05/23/24 Price Changed $119,900 -2.4% $130 / Sq Ft
05/19/2024 05/19/24 Price Changed $122,900 -1.6% $133 / Sq Ft
05/15/2024 05/15/24 For Sale $124,900 -- $135 / 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 $520 $77,400 $18,500 $58,900
2024 $520 $62,100 $8,000 $54,100
2023 $530 $64,900 $8,000 $56,900
2022 $474 $48,500 $5,500 $43,000
2021 $492 $47,000 $5,500 $41,500
2020 $362 $45,100 $5,500 $39,600
2019 $356 $32,700 $5,500 $27,200
2018 $328 $31,100 $5,500 $25,600
2017 $342 $0 $0 $0
2016 $326 $0 $0 $0
2015 $328 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6536284

NorthstarMLS

APN: 21-0415-000