NOT LISTED FOR SALE

407 Gallager St Morgan, MN 56266

Estimated Value: $59,000 - $92,502

1 Bed
1 Bath
528 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $60,000 $114 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $434/month

6 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • The kitchen features windows
  • 1-Story Property
  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

This charming 528 sq ft home is perfect for investors, first-time homebuyers, or those looking to downsize. It features one bedroom, one bathroom, hardwood floors, an updated kitchen, and a freshly painted exterior. The updated windows mean one less thing for buyers to worry about.

Located in a small town just 15 mins from Redwood Falls or 30 mins from New Ulm, this home offers rural tranquility with nearby amenities. The unfinished basement provides potential for extra living space.

It’s the perfect opportunity to invest in a property with great potential and endless possibilities! Schedule a viewing today

Last Agent to Sell the Property

Paia Wiese

Minnesota Lands and Homes Real Estate Listed on: 06/21/2024

Last Buyer's Agent

Joe Haen

RE/MAX Preferred Realty

RE/MAX Preferred Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $638

Year Built

  • Built in 1948

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Interior Spaces

  • 528 Sq Ft Home
  • 1-Story Property
  • Living Room
  • The kitchen features windows

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Second Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 867561020

Home Details

Home Type

Single Family

Est. Annual Taxes

$638

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 528
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 22x24
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Full, Storage Space, Unfinished
  • Living Area: 528
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Bedroom 1, Bathroom, Kitchen

Beds/Baths

  • Total Bedrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Driveway - Other Surface

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom

Schools

  • Junior High Dist: Cedar Mountain
  • SchoolDistrictNumber: 2754
  • SchoolDistrictPhone: 507-249-5990

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x150
  • Lot Size Sq Ft: 7405.2
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Slate

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 867561020
  • Tax Annual Amount: 638
  • TaxWithAssessments: 638.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Jul 24, 2024
Sold by
Dhamer John and Dhamer Thomas
Bought by
D & D Properties Of Renville County Llc
Seller's Agent
Paia Wiese
Minnesota Lands and Homes Real Estate
Buyer's Agent
Joe Haen
RE/MAX Preferred Realty
List Price
$62,000
Sold Price
$60,000
Premium/Discount to List
-$2,000
-3.23%
Views
6
Current Estimated Value
$70,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,126
Avg. Annual Appreciation
5.53%
Original Mortgage
$59,000
Outstanding Balance
$58,601
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$5,128

Purchase Details

Closed on
Dec 11, 2019
Sold by
Hamilton Patrick Patrick
Bought by
Dhamer John John

Purchase Details

Closed on
Feb 1, 2006
Bought by
Falk David J
Source: Public Records

Range of Values:

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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
D & D Properties Of Renville County Llc $60,000 --
Dhamer John John $10,000 --
Falk David J $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D & D Properties Of Renville County Llc $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $60,000 -3.2% $114 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $62,000 -- $117 / 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
2025 $720 $42,300 $3,200 $39,100
2024 $638 $42,300 $3,200 $39,100
2023 $604 $35,900 $3,200 $32,700
2022 $294 $28,500 $3,200 $25,300
2021 $280 $10,800 $3,500 $7,300
2020 $782 $10,500 $3,500 $7,000
2019 $1,258 $10,300 $3,500 $6,800
2018 $272 $10,300 $3,500 $6,800
2017 $1,778 $0 $0 $0
2016 $2,116 $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: 6556766

NorthstarMLS

APN: 86-756-1020