NOT LISTED FOR SALE

417 S 8th St Montevideo, MN 56265

Estimated Value: $84,000 - $181,000

4 Beds
2 Baths
2,048 Sq Ft
$66/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $94,500 $46 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $840/month

84 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 5-minute walk to Milwaukee Road Heritage Center
  • Baseboard Heating

About This Home

As of January 2024

Investment property. Live in one side and have extra income or rent both sides as an investment. Each tenant pays their own utilities. Current owner previously lived in lower apartment. Taxes are currently homested.

Last Agent to Sell the Property

Bruce Vien

Kuhlmann Real Estate, Inc. Listed on: 09/27/2023

Last Buyer's Agent

Larry Sandven

Kuhlmann Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,112

Year Built

  • Built in 1947

Lot Details

  • Lot Dimensions are 100x120

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • 100 Amp Service

Community Details

  • 2 Units
  • Ninth Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 703450850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,112

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1947
  • Above Grade Finished Sq Ft: 2048
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Unfinished
  • Living Area: 2048
  • Basement YN: Yes
  • Appliances: Range
  • Appliances: Range

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Montevideo
  • SchoolDistrictPhone: 320-269-8833

Lot Info

  • Lot Size: 100x120
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 400.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 703450850
  • Tax Annual Amount: 1112
  • TaxWithAssessments: 1112.0000

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Jan 12, 2024
Sold by
Lanes Mary Lou
Bought by
Castaneda Armando and Cortez Baron Delia
Seller's Agent
Bruce Vien
Kuhlmann Real Estate, Inc.
Buyer's Agent
Larry Sandven
Kuhlmann Real Estate, Inc.
List Price
$125,000
Sold Price
$94,500
Premium/Discount to List
-$30,500
-24.4%
Views
136
Current Estimated Value
$135,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,939
Avg. Annual Appreciation
18.99%

Purchase Details

Closed on
Feb 8, 2012
Sold by
Lanes Mildred R
Bought by
Lanes Mary Lou
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Castaneda Armando $94,500 --
Lanes Mary Lou $27,733 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2024 01/12/24 Sold $94,500 -24.4% $46 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $125,000 -- $61 / 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 $1,466 $117,600 $9,600 $108,000
2024 $1,580 $117,600 $9,600 $108,000
2023 $1,112 $123,400 $9,600 $113,800
2022 $1,036 $92,200 $9,600 $82,600
2021 $930 $85,200 $9,600 $75,600
2020 $814 $72,200 $8,400 $63,800
2019 $732 $70,600 $8,400 $62,200
2018 $678 $37,680 $0 $0
2017 $676 $60,100 $0 $0
2016 $656 $36,100 $0 $0
2015 -- $36,100 $0 $0
2014 -- $34,600 $0 $0
2013 -- $34,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6439483

NorthstarMLS

APN: 70-345-0850