NOT LISTED FOR SALE

408 3rd St SE Morristown, MN 55052

Estimated Value: $327,000 - $399,000

2 Beds
3 Baths
1,372 Sq Ft
$271/Sq Ft Est. Value

About This Home

This home is located at 408 3rd St SE, Morristown, MN 55052 and is currently estimated at $372,209, approximately $271 per square foot. 408 3rd St SE is a home located in Rice County with nearby schools including Waterville Elementary School, Morristown Elementary School, and Waterville-Elysian-Morristown Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2019
Sold by
Velzke Andrea and Velzke Tyler
Bought by
Velzke Andrea and Velzke Tyler
Current Estimated Value
$350,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2012
Sold by
Sherwin Wilbur Duane
Bought by
Sellers Andrea H and Velzke Tyler J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1998
Sold by
Dahle Jeffrey A and Dahle Le Ann
Bought by
Sherwin Wilbur D and Sherwin Marilyn R
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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.

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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.

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Average Value
Not Available
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
Velzke Andrea -- Affinity Plus Title Company
Sellers Andrea H $130,000 --
Sherwin Wilbur D $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velzke Andrea $102,000
Closed Velzke Andrea $105,000
Closed Velzke Andrea $149,900
Closed Velzke Andrea $30,000
Previous Owner Sellers Andrea H $104,000
Source: Public Records

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 $5,164 $367,000 $75,600 $291,400
2024 $5,164 $336,300 $60,500 $275,800
2023 $4,658 $336,300 $60,500 $275,800
2022 $4,080 $301,700 $50,400 $251,300
2021 $3,680 $262,500 $40,300 $222,200
2020 $786 $239,100 $40,300 $198,800
2019 $792 $68,000 $40,300 $27,700
2018 $2,452 $191,700 $40,300 $151,400
2017 $2,748 $163,300 $42,300 $121,000
2016 $2,730 $155,800 $42,300 $113,500
2015 $2,374 $148,000 $42,300 $105,700
2014 -- $145,400 $42,300 $103,100
Source: Public Records

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