NOT LISTED FOR SALE

4356 260th St E Faribault, MN 55021

Estimated Value: $300,000 - $380,275

2 Beds
1 Bath
1,428 Sq Ft
$238/Sq Ft Est. Value

Last Sold July 18, 2013

Last sale price $140,000 $98 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,084/month

6 Days on Market

Highlights

  • Barn
  • Porch
  • Horse Farm
  • Formal Dining Room
  • Bathroom on Main Level
  • Forced Air Heating System

About This Home

As of July 2013

FORECLOSURE BARGAIN! Hobby Farm on 15.00 acres some of which is tillable. Horse lovers welcome. Home needs TLC but is priced accordingly. Small country home with detatched gar/out building, updated furnace, hardwood floors and plenty of wildlife!

Last Agent to Sell the Property

Elie Safi

RE/MAX Advisors Listed on: 04/05/2013

RE/MAX Advisors

Last Buyer's Agent

Jennifer Campbell

Edina Realty, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $876

Year Built

  • Built in 1900

Lot Details

  • 15 Acre Lot
  • Lot Has A Rolling Slope
  • Unpaved Streets
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Farm
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,428 Sq Ft Home
  • Formal Dining Room
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Storage Shed
  • Porch

Farming

  • Barn
  • Hobby or Recreation Farm
  • Horse Farm

Utilities

  • Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 1527375003

Property Details

Property Type

Other

Est. Annual Taxes

$876

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Farms
  • Classification: Homestead
  • Sub Type: Farm
  • Amenities Exterior: Driveway - Gravel, Porch
  • Assessments: Unknown
  • Foundation Size: 790
  • Hobby Farm: Yes
  • Parcel Number: 1527375003
  • Projected Closed Date: 07/31/2013
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 876
  • Estimated Number of Acres: 15
  • Topography: Rolling
  • Farm Type: Hobby, Horse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Dining Room: Formal Dining Room, Informal Dining Room
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 17x11, On Level: Main
  • Room 2: Dining Room, 19x14, On Level: Main
  • Room 4: Kitchen, 14x10, On Level: Main
  • Room 5: Bedroom, 12x10, On Level: Upper
  • Room 6: Bedroom, 17x11, On Level: Upper
  • Room 9: Porch, 13x11, On Level: Main
  • Room 10: Porch, 9x5, On Level: Main
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1428
  • Total Fin Square Footage: 1428

Exterior Features

  • Frontage Road: Unpaved
  • Exterior: Vinyl
  • Out Buildings: Barn, Storage Shed
  • Roof: Asphalt Shingles

Utilities

  • Fuel: Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: Private

Lot Info

  • Lot/Land Description: Tree Coverage - Heavy
  • Estimated Lot Dimensions: 15 acres

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2012
  • Tax Value: 876

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2005
Sold by
Elwood Michael S and Elwood Lisa A
Bought by
Kerrigan David A and Kerrigan Nickie K
Current Estimated Value
$339,819

Purchase Details

Closed on
Aug 15, 2003
Sold by
Estate Of Joseph P Stech
Bought by
Elwood Michael S and Elwood Lisa A
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
Kerrigan David A $272,000 --
Elwood Michael S $225,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ernste Joshua E $50,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2013 07/18/13 Sold $140,000 -9.6% $98 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $154,898 -- $108 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,286 $332,100 $184,100 $148,000
2024 $2,286 $283,500 $163,800 $119,700
2023 $2,236 $283,500 $163,800 $119,700
2022 $2,142 $262,300 $154,000 $108,300
2021 $1,228 $237,500 $138,100 $99,400
2020 $1,168 $224,400 $138,600 $85,800
2019 $1,096 $218,800 $141,100 $77,700
2018 $1,100 $212,600 $138,600 $74,000
2017 $1,140 $205,800 $138,600 $67,200
2016 $1,184 $205,300 $138,600 $66,700
2015 $1,138 $204,500 $138,600 $65,900
2014 -- $204,600 $138,600 $66,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4458853

REALTOR® Association of Southern Minnesota

APN: 15.27.3.75.003