NOT LISTED FOR SALE

407 E 8th St Blue Earth, MN 56013

Estimated Value: $115,000 - $178,000

4 Beds
2 Baths
1,584 Sq Ft
$92/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $119,500 $75 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $876/month

7 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Bathroom on Main Level
  • Breakfast Area or Nook
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

This is your chance to own a beautifully updated 4 bedroom, 2 bath home with ample space in the heart of Blue Earth! Inside you will find a beautiful blend of original character and modern updates such as new vinyl plank flooring, fresh paint, hardwood flooring, a walk-in pantry, and a breakfast nook that overlooks the backyard. The attached garage provides convenient access to your car and extra storage space. Don't miss out on this wonderful opportunity - call today for a showing!

Last Agent to Sell the Property

Elizabeth Greiner

TRUE REAL ESTATE License #40730138 Listed on: 06/01/2022

TRUE REAL ESTATE

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Year Built

  • 1937

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60 x 142

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,584 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 213250770

Home Details

Home Type

Single Family

Year Built

1937

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Broadband Available, Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Washer/Dryer Hookups, Combination Windows (L), Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.2
  • Construction: Previously Owned
  • Foundation Size: 776
  • L V T Date: 06/02/2022
  • Mechanicals: Water Heater-Gas, Water Softener-Owned, Sump Pump, Circuit Breaker
  • Parcel Number: 213250770
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1937

Interior Features

  • Dining Room: Breakfast Nook, Combine with Living Room, Eat-In Kitchen
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor 3/4 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 17.5x11, On Level: Main
  • Room 2: Pantry, 5x3.5, On Level: Main
  • Room 3: Dining Room, 11x10.8, On Level: Main
  • Room 4: Living Room, 13.5x18, On Level: Main
  • Room 5: Bathroom, 10x3.5, On Level: Main
  • Room 6: Foyer, 6.4x4, On Level: Main
  • Room 7: 13.6x12.8, On Level: Second Floor
  • Room 8: Bedroom, 10x10, On Level: Second Floor
  • Room 9: Bedroom, 13.6x11.6, On Level: Second Floor
  • Room 10: Bedroom, 10x9, On Level: Second Floor
  • Room 11: Bathroom, 7.7x5.6, On Level: Second Floor
  • Basement Features: Sump Pump, Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1584
  • Tot Above Grade Sq Ft: 1584
  • Total Fin Square Footage: 1584
  • Total Square Footage: 2360
  • Tot Below Grade Sq Ft: 776

Exterior Features

  • Frontage Road: Curb/Gutters, City, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 60 x 142
  • Lot/Land Description: Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 13, 2022
Sold by
Mnm Property Management Llc
Bought by
Shafer Michael and Shafer Stephanie
Seller's Agent
Elizabeth Greiner
TRUE REAL ESTATE
Buyer's Agent
Non Member
Non-Member
List Price
$119,000
Sold Price
$119,500
Premium/Discount to List
$500
0.42%
Current Estimated Value
$145,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,288
Avg. Annual Appreciation
5.88%
Original Mortgage
$115,915
Outstanding Balance
$110,280
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$35,508

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 6, 2022
Sold by
Mnm Property Management Llc
Bought by
Shafer Michael and Shafer Stephanie
Seller's Agent
Elizabeth Greiner
TRUE REAL ESTATE
Buyer's Agent
Non Member
Non-Member
List Price
$119,000
Sold Price
$119,500
Premium/Discount to List
$500
0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,915
Outstanding Balance
$110,280
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$35,508

Purchase Details

Listed on
Nov 15, 2021
Closed on
Dec 9, 2021
Sold by
Wells Craig and Wells Linda
Bought by
Mnm Property Management Llc
Seller's Agent
LAURIE OELKE
OLSON NELSON REALTY
Buyer's Agent
Elizabeth Greiner
TRUE REAL ESTATE
List Price
$68,500
Sold Price
$68,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
161.03%
Original Mortgage
$70,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2016
Sold by
Wells Glenn A and Wells Geary A
Bought by
Wells Craig and Wells Linda
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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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
Shafer Michael $119,500 --
Shafer Michael $119,500 None Listed On Document
Mnm Property Management Llc $68,500 None Available
Wells Craig $39,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shafer Michael $115,915
Closed Shafer Michael $115,915
Previous Owner Mnm Property Management Llc $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2022 07/13/22 Sold $119,500 +0.4% $75 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $119,000 +73.7% $75 / Sq Ft
12/13/2021 12/13/21 Sold $68,500 0.0% $43 / Sq Ft View Prior Sale
11/24/2021 11/24/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $68,500 -- $43 / 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 $1,364 $116,100 $22,300 $93,800
2024 $1,284 $92,600 $11,800 $80,800
2023 $590 $87,400 $13,000 $74,400
2022 $838 $52,900 $13,000 $39,900
2021 $850 $45,900 $6,000 $39,900
2020 $488 $48,300 $6,000 $42,300
2019 $474 $46,100 $5,000 $41,100
2018 $408 $45,100 $7,200 $37,900
2017 $394 $38,900 $7,200 $31,700
2015 $360 $38,900 $7,200 $31,700
2013 -- $40,600 $7,200 $33,400
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Greiner

    Seller's Agent in 2022

    Elizabeth Greiner

    TRUE REAL ESTATE

    (507) 340-5417

    3 in this area

    105 Total Sales

    Elizabeth Greiner
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    Non-Member

  • L

    Seller's Agent in 2021

    LAURIE OELKE

    OLSON NELSON REALTY

    (507) 520-5966

    63 in this area

    95 Total Sales

    LAURIE OELKE
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7029987

REALTOR® Association of Southern Minnesota

APN: 21.325.0770

Minnesota Faribault County Blue Earth 56013

407 E 8th St, Blue Earth, MN

Not Listed for Sale

Detached

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