NOT LISTED FOR SALE

405 W 3rd St Winthrop, MN 55396

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

2 Beds
1 Bath
1,400 Sq Ft
$95/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $123,600 $88 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $812/month

9 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 5-minute walk to Winthrop City Park
  • Patio

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 Brokerage Email: Lindsay@truerealestatemn.com Listed on: 05/24/2023

True Real Estate

Last Buyer's Agent

Nicole Trettin

Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,270

Year Built

  • Built in 1942

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 150x50

Parking

  • 1 Car Garage

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Frank Nelsons Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 370260000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,270

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected, City Water - In Street
  • Year Built: 1942
  • Above Grade Finished Sq Ft: 728
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 28x24
  • Attribution Contact: Lindsay@truerealestatemn.com
  • Attribution Contact: Lindsay@truerealestatemn.com
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Storage Space, Unfinished
  • Living Area: 1400
  • Fireplace: No
  • Below Grade Finished Sq Ft: 672
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 280

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: G.F.W.
  • SchoolDistrictNumber: 2365
  • SchoolDistrictPhone: 507-834-9813

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 150x50
  • Lot Size Sq Ft: 7492.32
  • 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: 370260000
  • Tax Annual Amount: 1270
  • TaxWithAssessments: 1288.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 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
Nicole Trettin
Real Broker, LLC
List Price
$115,000
Sold Price
$123,600
Premium/Discount to List
$8,600
7.48%
Total Days on Market
9
Views
17
Current Estimated Value
$132,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,965
Avg. Annual Appreciation
3.57%
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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/10/2023 07/10/23 Sold $123,600 +7.5% $88 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $115,000 -- $82 / 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
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

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6376162

NorthstarMLS

APN: 37.0260.000