NOT LISTED FOR SALE

424 7th St SW Pine Island, MN 55963

Estimated Value: $98,000 - $206,026

2 Beds
1 Bath
1,035 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $99,000 $96 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $996/month

5 Days on Market

Highlights

  • 1 Fireplace
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • 1-Story Property

About This Home

As of October 2024

Home is in the Community Land Trust. Income qualification $89,300/year. Main floor living with 2 bedrooms, 1 bathroom.

Last Agent to Sell the Property

Afton Zelinski

Edina Realty, Inc. Listed on: 09/27/2024

Edina Realty, Inc.

Last Buyer's Agent

Craig Ugland

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,084

Year Built

  • Built in 2005

Lot Details

  • 5,520 Sq Ft Lot
  • Lot Dimensions are 46x120
  • Land Lease

Parking

  • 1 Car Attached Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,035 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Wazuweeta Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 686700330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,084

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Twin Home
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Roll-In Shower
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1035
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Living Area: 1035
  • Fireplace: Yes
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 322

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Pine Island
  • SchoolDistrictNumber: 255
  • SchoolDistrictPhone: 507-356-4849

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 46x120
  • Lot Size Sq Ft: 5520
  • Land Lease: Yes
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Rental Info

  • Land Lease Amount: 25

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 686700330
  • Tax Annual Amount: 2084
  • TaxWithAssessments: 2084.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Oct 31, 2024
Sold by
Benson Julie
Bought by
Marroquin Heidy M Badillo and Hernandez Hilario Badillo
Seller's Agent
Afton Zelinski
Edina Realty, Inc.
Buyer's Agent
Craig Ugland
Edina Realty, Inc.
List Price
$99,000
Sold Price
$99,000
Views
10
Current Estimated Value
$152,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,757
Avg. Annual Appreciation
80.68%
Original Mortgage
$91,500
Outstanding Balance
$91,050
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$58,739

Purchase Details

Closed on
May 28, 2015
Sold by
Jansen Debbie A
Bought by
Benson Julie

Purchase Details

Closed on
Apr 6, 2006
Sold by
Three Rivers Community Action Inc
Bought by
Jansen Debbie A

Purchase Details

Closed on
Mar 31, 2006
Sold by
Three Rivers Community Action Inc
Bought by
First Homes Properties
Source: Public Records

Range of Values:

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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
Marroquin Heidy M Badillo $99,000 Rochester Title
Marroquin Heidy M Badillo $99,000 Rochester Title
Benson Julie $65,000 Title Services Inc
Jansen Debbie A -- --
First Homes Properties $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marroquin Heidy M Badillo $91,500
Closed Badillo Hernandez Hilario $91,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $99,000 0.0% $96 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $99,000 -- $96 / 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 $1,838 $182,100 $25,000 $157,100
2023 $1,042 $176,300 $25,000 $151,300
2022 $1,588 $166,900 $25,000 $141,900
2021 $1,814 $134,700 $25,000 $109,700
2020 $1,672 $126,400 $20,000 $106,400
2019 $1,710 $118,200 $20,000 $98,200
2018 $1,488 $119,700 $20,000 $99,700
2017 $1,272 $107,400 $20,000 $87,400
2016 $1,230 $98,700 $20,000 $78,700
2015 $1,060 $95,100 $20,000 $75,100
2014 -- $87,500 $20,000 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6609571

NorthstarMLS

APN: 68.670.0330