NOT LISTED FOR SALE

405 1st St NE Buffalo, MN 55313

Estimated Value: $242,000 - $259,246

2 Beds
1 Bath
960 Sq Ft
$261/Sq Ft Est. Value

Last Sold September 17, 2014

Last sale price $122,500 $128 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,561/month

14 Days on Market

Highlights

  • Formal Dining Room
  • Patio
  • Bathroom on Main Level
  • 1 Car Attached Garage
  • Landscaped with Trees
  • 2-minute walk to Lions Park

About This Home

As of September 2014

Stroll just a few blocks to downtown Buffalo to enjoy shops, library, theatre, water park & Buffalo Lake! Charming 1 1/2 story sits on a wooded lot on a quiet city street.

Last Agent to Sell the Property

Alan Hoekstra

Edina Realty, Inc. Listed on: 07/28/2014

Co-Listed By

J Reiss

Edina Realty, Inc.

Last Buyer's Agent

Eric Beckman

RE/MAX Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,026

Year Built

  • Built in 1932

Lot Details

  • Lot Dimensions are 60x145
  • Landscaped with Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 960 Sq Ft Home
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Window Unit Cooling System
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 103056006080

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,026

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Patio
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 960
  • Mechanicals: Water Softener-Rented
  • Parcel Number: 103056006080
  • Projected Closed Date: 09/30/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1026
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 16x11, On Level: Main
  • Room 2: Dining Room, 12x11, On Level: Main
  • Room 4: Kitchen, 11x9, On Level: Main
  • Room 5: Bedroom, 10x10, On Level: Main
  • Room 6: Bedroom, 10x25, On Level: Main
  • Room 9: Other, 38x11, On Level: Upper
  • Room 10: Foyer, 8x8, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 960
  • Total Fin Square Footage: 960

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Sewer: City
  • Water: City

Schools

  • School District: Buffalo-Hanover-Montrose #877

Lot Info

  • Estimated Lot Dimensions: 60X145
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1932

Tax Info

  • Year: 2014
  • Tax Value: 1026

MLS Schools

  • School District: Buffalo-Hanover-Montrose #877

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2014
Closed on
Sep 22, 2014
Sold by
Disney James G and Disney Jennifer H
Bought by
Cunningham Craig R and Cunningham Sheila A
Seller's Agent
Alan Hoekstra
Edina Realty, Inc.
Buyer's Agent
Eric Beckman
RE/MAX Edge
List Price
$122,500
Sold Price
$122,500
Current Estimated Value
$250,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,312
Avg. Annual Appreciation
6.79%
Original Mortgage
$125,000
Outstanding Balance
$96,141
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$154,671
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
Cunningham Craig R $122,500 Watermark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunningham Craig R $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2014 09/17/14 Sold $122,500 0.0% $128 / Sq Ft
08/11/2014 08/11/14 Pending -- -- --
07/28/2014 07/28/14 For Sale $122,500 -- $128 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,256 $215,800 $72,100 $143,700
2024 $2,256 $210,100 $72,100 $138,000
2023 $2,356 $202,600 $70,000 $132,600
2022 $2,064 $196,500 $64,000 $132,500
2021 $1,932 $159,800 $50,000 $109,800
2020 $1,894 $148,800 $45,000 $103,800
2019 $1,468 $142,400 $0 $0
2018 $1,318 $97,600 $0 $0
2017 $1,186 $87,200 $0 $0
2016 $1,126 $0 $0 $0
2015 $1,064 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4653536

REALTOR® Association of Southern Minnesota

APN: 103-056-006080