NOT LISTED FOR SALE

407 E 5th St Minneota, MN 56264

Estimated Value: $88,000 - $110,000

3 Beds
1 Bath
1,168 Sq Ft
$87/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $87,100 $75 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $640/month

176 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Entrance Foyer
  • Minneota Elementary School Rated A-
  • Living Room
  • 1-Story Property

About This Home

As of June 2024

Welcome to this charming 3-bedroom, 1-bathroom home in the heart of Minneota, MN, listed at an unbeatable price of $100k. This detached property boasts a spacious 2-stall garage, perfect for storage or a workshop.

The home itself is a well-designed floor plan that maximizes space and functionality. The bedrooms are all on the main floor, and the bathroom is well-appointed. The kitchen is dine in style or you could use a portion of your large living room for a more formal dining space.

One of the standout features of this property is its prime location. Situated just a block away from the local public school, it offers easy access to quality education, making it perfect for families.

In addition, Minneota's friendly community and local amenities are all within easy reach. Whether you're a first-time homebuyer or looking to invest, this property offers opportunity. Don't miss out on this chance to own a piece of Minneota's welcoming community. Schedule your viewing today!

Last Agent to Sell the Property

Troy Deutz

Edina Realty, Inc. Listed on: 12/04/2023

Last Buyer's Agent

Jeffrey Carpenter

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,366

Year Built

  • Built in 1949

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75x165

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,168 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil

Community Details

  • No Home Owners Association
  • 5Th Railroad Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 281100370

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,366

Year Built

Built in 1949

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Year Built: 1949
  • Above Grade Finished Sq Ft: 1168
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Living Area: 1168
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Bedroom 2, Bedroom 3, Living Room, Kitchen, Foyer

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Block

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer - In Street
  • Fuel: Oil

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Minneota
  • SchoolDistrictPhone: 507-872-6532

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75x165
  • Lot Size Sq Ft: 12371.04
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 281100370
  • Tax Annual Amount: 1366
  • TaxWithAssessments: 1416.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Jun 28, 2024
Sold by
Mullenberg Lavelle and Koppien Michelle
Bought by
Reiten Anthony
Seller's Agent
Troy Deutz
Edina Realty, Inc.
Buyer's Agent
Jeffrey Carpenter
Edina Realty, Inc.
List Price
$97,500
Sold Price
$87,100
Premium/Discount to List
-$10,400
-10.67%
Views
242
Current Estimated Value
$101,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,213
Avg. Annual Appreciation
9.66%
Original Mortgage
$86,100
Outstanding Balance
$85,078
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$16,235
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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Purchase History

Date Buyer Sale Price Title Company
Reiten Anthony $87,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reiten Anthony $86,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $87,100 -3.2% $75 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/01/2024 05/01/24 Price Changed $90,000 -2.7% $77 / Sq Ft
04/08/2024 04/08/24 Price Changed $92,500 -2.6% $79 / Sq Ft
03/20/2024 03/20/24 Price Changed $95,000 -2.6% $81 / Sq Ft
02/23/2024 02/23/24 For Sale $97,500 0.0% $83 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
12/11/2023 12/11/23 Price Changed $97,500 -2.5% $83 / Sq Ft
12/04/2023 12/04/23 For Sale $100,000 -- $86 / Sq Ft
Source: NorthstarMLS

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 $1,426 $105,300 $10,400 $94,900
2024 $1,456 $126,300 $10,400 $115,900
2023 $1,416 $125,000 $10,400 $114,600
2022 $1,176 $110,800 $10,400 $100,400
2021 $1,092 $87,500 $11,800 $75,700
2020 $1,082 $85,400 $11,800 $73,600
2019 $1,004 $85,500 $11,800 $73,700
2018 $950 $81,700 $11,800 $69,900
2017 $950 $82,700 $11,800 $70,900
2016 $796 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6435562

NorthstarMLS

APN: 28-110037-0

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