NOT LISTED FOR SALE

409 Ray Ave Springfield, MN 56087

Estimated Value: $96,000 - $111,000

2 Beds
1 Bath
1,362 Sq Ft
$75/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $84,713 $62 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $619/month

4 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Springfield Elementary School Rated A
  • Living Room
  • Dining Room

About This Home

As of March 2024

Located close to the park, school, ball fields, and walking path, this 2 bedroom,1 bathroom home has a deep backyard, an open living/dining room space, an alley kitchen with appliances included, and potential for additional finished square footage and bedrooms/bath, with the upper level currently unfinished. There is a separate entrance leading to the upper level, allowing great potential for a rental arrangement or an investment property. The single attached garage is 20' x 26', with plenty of space in the back for extra storage.

Last Agent to Sell the Property

Amanda Frank

Reiner Real Estate Listed on: 02/01/2024

Last Buyer's Agent

Gary Timm

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $888

Year Built

  • Built in 1910

Lot Details

  • 10,629 Sq Ft Lot
  • Lot Dimensions are 75x142

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

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

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Buena Vista Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00307000405050

Home Details

Home Type

Single Family

Est. Annual Taxes

$888

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1148
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full
  • Living Area: 1362
  • Fireplace: No
  • Below Grade Finished Sq Ft: 214
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Family Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Springfield
  • SchoolDistrictPhone: 507-723-4283

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75x142
  • Lot Size Sq Ft: 10628.64
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 00307000405050
  • Tax Annual Amount: 888
  • TaxWithAssessments: 928.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 28, 2024
Sold by
Brand Tyler and Brand Meghan
Bought by
Schauer Andrew L
Seller's Agent
Amanda Frank
Reiner Real Estate
Buyer's Agent
Gary Timm
RE/MAX Advantage Plus
List Price
$82,000
Sold Price
$84,713
Premium/Discount to List
$2,713
3.31%
Views
31
Current Estimated Value
$102,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,772
Avg. Annual Appreciation
11.50%
Original Mortgage
$16,500
Outstanding Balance
$7,626
Interest Rate
9.4%
Mortgage Type
New Conventional
Estimated Equity
$94,859

Purchase Details

Closed on
Oct 10, 2023
Sold by
Brand Shirley A
Bought by
Brand Tyler
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
Schauer Andrew L $84,712 Trademark Title Services
Brand Tyler -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schauer Andrew L $16,500
Open Schauer Andrew L $70,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $84,713 +3.3% $62 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $82,000 -- $60 / 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
2024 $982 $77,700 $13,700 $64,000
2023 $982 $77,700 $11,900 $65,800
2022 $916 $65,200 $9,900 $55,300
2021 $834 $62,300 $8,600 $53,700
2020 $828 $61,200 $8,600 $52,600
2019 $818 $60,200 $8,600 $51,600
2018 $800 $59,700 $8,600 $51,100
2017 $680 $59,700 $8,600 $51,100
2016 $676 $47,916 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6484181

NorthstarMLS

APN: 00307000405050