NOT LISTED FOR SALE

407 5th St NW Montgomery, MN 56069

Estimated Value: $212,000 - $223,234

2 Beds
2 Baths
1,602 Sq Ft
$136/Sq Ft Est. Value

Last Sold May 07, 2019

Last sale price $140,000 $87 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,366/month

28 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • 1-Story Property
  • Wood Flooring
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of May 2019

Quaint and cozy! 2 bedroom plus non- conforming 3rd Bedroom in lower level. Main level has a large open living room with loads of light, dining area and spacious kitchen with new counter tops. The master bedroom has large walk in closet with access to the deck. The lower level has endless opportunities. A family room, a potential 3rd bedroom with an added egress window, and a second bathroom. A wonderful water filtration system has been added. This property has a rental license as well.

Last Agent to Sell the Property

Cara Bishop

TRUE REAL ESTATE Listed on: 03/05/2019

TRUE REAL ESTATE

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,544

Year Built

  • 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 149x49x150x50

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

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

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 225200080

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,544

Year Built

1963

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Hardwood Floors
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.17
  • Assessment Balance: 15
  • Foundation Size: 1140
  • L V T Date: 03/05/2019
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 225200080
  • Price Per Square Foot: 57
  • Rental License: Yes
  • Sold Price Per Sq Ft: 61
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 1886
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 11x11, On Level: Main
  • Room 2: Dining Room, 7x21, On Level: Main
  • Room 3: Living Room, 15x17, On Level: Main
  • Room 4: Bedroom, 11x10, On Level: Main
  • Room 5: Family Room, 22x12, On Level: Lower
  • Room 6: Den/Office, 13x9, On Level: Lower
  • Room 7: 13x11, On Level: Lower
  • Basement Features: Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1140
  • Below Grade Finished Sq Ft: 462
  • Tot Above Grade Sq Ft: 1140
  • Total Fin Square Footage: 1602
  • Total Square Footage: 2280
  • Tot Below Grade Sq Ft: 1140

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Tri City 2905

Lot Info

  • Estimated Lot Dimensions: 149x49x150x50
  • Lot/Land Description: Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
May 7, 2019
Sold by
4D Rental Llc
Bought by
Flannagan Boyd J
Seller's Agent
Cara Bishop
TRUE REAL ESTATE
Buyer's Agent
Non Member
Non-Member
List Price
$129,900
Sold Price
$140,000
Premium/Discount to List
$10,100
7.78%
Current Estimated Value
$217,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,559
Avg. Annual Appreciation
7.14%
Original Mortgage
$135,100
Outstanding Balance
$40,746
Interest Rate
5.2%
Mortgage Type
FHA
Estimated Equity
$173,124

Purchase Details

Closed on
Dec 15, 2013
Sold by
Dennis Dennis and Lewis Debra
Bought by
4 D Rental Llc
Source: Public Records

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    Section Image

Range of Values:

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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
Flannagan Boyd J $140,000 --
4 D Rental Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flannagan Boyd J $135,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2019 05/07/19 Sold $140,000 +7.8% $87 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $129,900 -- $81 / 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
2024 $2,544 $189,400 $36,800 $152,600
2023 $2,216 $189,400 $36,800 $152,600
2022 $1,852 $164,900 $36,800 $128,100
2021 $1,736 $131,900 $32,800 $99,100
2020 $1,670 $124,600 $29,800 $94,800
2019 $2,058 $93,800 $23,255 $70,545
2018 $2,043 $112,600 $29,800 $82,800
2017 $1,871 $101,800 $26,800 $75,000
2016 $1,862 $90,800 $22,800 $68,000
2015 $1,847 $90,800 $22,800 $68,000
2014 $997 $43,500 $10,680 $32,820
2013 $996 $43,700 $10,685 $33,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7020117

REALTOR® Association of Southern Minnesota

APN: 22.520.0080