NOT LISTED FOR SALE

405 405 W 3rd St Winthrop, MN 55396

Estimated Value: $125,000 - $143,000

2 Beds
1 Bath
728 Sq Ft
$182/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $123,600 $170 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $847/month

4 Days on Market

Highlights

  • Vaulted Ceiling
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage
  • Bathroom on Main Level
  • 5-minute walk to Winthrop City Park

About This Home

As of July 2023

Well maintained home located walking distance from downtown Winthrop! Home features new flooring throughout the main level, fresh paint, new windows on upper and lower levels, new water softener and dryer! Main level provides 2 bedrooms, full bathroom, eat in kitchen and cozy living room. Upper level has beautiful vaulted ceilings and plenty of space to be finished into an additional bedroom or living space. Lower level has ample amounts of storage space, laundry units, and space that could be finished to add additional square footage. Outside you will find a detached garage and spacious yard!

Last Agent to Sell the Property

Lindsay Thomes

TRUE REAL ESTATE License #40500163 Listed on: 05/25/2023

TRUE REAL ESTATE

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,270

Year Built

  • Built in 1942

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 150x50
  • Few Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 728 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 37.0260.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,270

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Vaulted Ceilings, Washer/Dryer Hookups, Window Coverings (L)
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.17
  • Assessment Balance: 18
  • Construction: Previously Owned
  • Foundation Size: 672
  • L V T Date: 06/03/2023
  • Mechanicals: Water Heater-Gas, Water Softener-Owned, Circuit Breaker
  • Parcel Number: 37.0260.000
  • Price Per Square Foot: 56
  • Projected Closed Date: 07/10/2023
  • Sold Price Per Sq Ft: 60
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 1288
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen, Informal 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, 14x12, On Level: Main
  • Room 2: Kitchen, 12x9, On Level: Main
  • Room 3: Bedroom, 11x10, On Level: Main
  • Room 4: Bedroom, 9x11, On Level: Main
  • Room 5: Bathroom, 7x5, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 728
  • Tot Above Grade Sq Ft: 1400
  • Total Fin Square Footage: 728
  • Total Square Footage: 2072
  • Tot Below Grade Sq Ft: 672

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Construction Type: Concrete Block, Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Garage
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1
  • Garage Square Footage: 280

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Gibbon-Fairfax-Wintrhop #2365

Lot Info

  • Estimated Lot Dimensions: 150x50
  • Lot/Land Description: Tree Coverage - Light, Paved Streets

Building Info

  • Year Built: 1942

Tax Info

  • Year: 2023
  • Tax Value: 1270

MLS Schools

  • School District: Gibbon-Fairfax-Wintrhop #2365

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jul 10, 2023
Sold by
Ele Enterprises Llc
Bought by
James Carmen
Seller's Agent
Lindsay Thomes
TRUE REAL ESTATE
Buyer's Agent
Non Member
Non-Member
List Price
$115,000
Sold Price
$123,600
Premium/Discount to List
$8,600
7.48%
Views
5
Current Estimated Value
$140,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,590
Avg. Annual Appreciation
3.53%
Original Mortgage
$119,892
Outstanding Balance
$117,519
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$15,427

Purchase Details

Closed on
May 6, 2022
Sold by
Klement Ryan
Bought by
Ele Enterprises Llc

Purchase Details

Closed on
Sep 3, 2010
Sold by
Lind Daniel C and Lind Ann
Bought by
Klement Ryan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.42%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
James Carmen $123,600 --
Ele Enterprises Llc $51,500 --
Klement Ryan R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Carmen $119,892
Previous Owner Klement Ryan R $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold $123,600 +7.5% $170 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $115,000 -7.0% $158 / Sq Ft
05/25/2023 05/25/23 Off Market $123,600 -- --
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
2024 $958 $88,000 $9,400 $78,600
2023 $1,288 $89,200 $5,300 $83,900
2022 $782 $79,600 $5,300 $74,300
2021 $482 $66,300 $5,300 $61,000
2020 $598 $60,300 $5,300 $55,000
2019 $544 $60,300 $0 $0
2018 $482 $52,400 $0 $0
2017 $472 $45,600 $0 $0
2016 $470 $43,400 $0 $0
2015 $424 $0 $0 $0
2014 $434 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7032501

REALTOR® Association of Southern Minnesota

APN: 37.0260.000