NOT LISTED FOR SALE

47348 478th St Nicollet, MN 56074

Estimated Value: $451,789 - $498,000

5 Beds
1.5 Baths
3,200 Sq Ft
$148/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $435,000 $136 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,704/month

139 Days on Market

Highlights

  • No HOA
  • Den
  • Living Room
  • Nicollet Elementary School Rated 9+
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of February 2024

A rare opportunity to own over 9 acres of your own private paradise! This 1800's farmhouse boasts 5 beds and 2 baths with a 6th non-conforming bedroom upstairs. Recently updated kitchen and bathrooms. Siding, two furnaces, and two AC units (one for each floor) all put in within the last 2 years. Massive outbuildings include 45x90 steel shed, 125x70 barn/shed, 20x25 corn crib, 30x15 shed, and 2 stall 22x22 garage! Don't need to use the outbuildings yourself? Rent them out for some passive income! Don't forget to check out the gorgeous tree grove out back! Buyers and buyer's agent to verify all measurements.

Last Agent to Sell the Property

Kaitlin McInerney

HomeSmart Sapphire Realty Listed on: 09/13/2023

HomeSmart Sapphire Realty

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,248

Year Built

  • Built in 1885

Lot Details

  • 9.28 Acre Lot
  • Lot Dimensions are 670x600

Parking

  • 2 Car Garage

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Den

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement
  • Crawl Space

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 090170805

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,248

Year Built

Built in 1885

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Private, Well
  • Year Built: 1885
  • Above Grade Finished Sq Ft: 3200
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Crawl Space, Full, Stone/Rock, Unfinished
  • Appliances: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 3200
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Den, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Laundry, Porch

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Roof: Age Over 8 Years

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 484

Utilities

  • Heating: Forced Air
  • Sewer: Mound Septic, Private Sewer, Septic System Compliant - Yes
  • Fuel: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Nicollet
  • SchoolDistrictNumber: 507
  • SchoolDistrictPhone: 507-232-3411

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 670x600
  • Lot Size Sq Ft: 404236.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Agriculture,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 090170805
  • Tax Annual Amount: 3248
  • TaxWithAssessments: 3248.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Feb 23, 2024
Sold by
Grubb George and Flood-Grubb Rachel
Bought by
Luke Cory
Seller's Agent
Kaitlin McInerney
HomeSmart Sapphire Realty
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$560,000
Sold Price
$435,000
Premium/Discount to List
-$125,000
-22.32%
Views
260
Current Estimated Value
$465,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,743
Avg. Annual Appreciation
5.86%
Original Mortgage
$409,450
Outstanding Balance
$403,072
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$69,611
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
Luke Cory $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luke Cory $409,450
Previous Owner Grubb George E $42,000
Previous Owner Grubb George E $189,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $435,000 -8.4% $136 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
12/05/2023 12/05/23 Price Changed $475,000 -4.8% $148 / Sq Ft
10/24/2023 10/24/23 Price Changed $499,000 -7.6% $156 / Sq Ft
10/02/2023 10/02/23 Price Changed $540,000 -3.6% $169 / Sq Ft
09/14/2023 09/14/23 For Sale $560,000 -- $175 / 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
2025 $2,778 $364,500 $112,700 $251,800
2024 $3,184 $364,500 $112,700 $251,800
2023 $3,248 $366,100 $112,700 $253,400
2022 $3,422 $341,700 $112,700 $229,000
2021 $3,362 $297,700 $112,700 $185,000
2020 $2,746 $291,500 $112,700 $178,800
2019 $2,758 $268,500 $112,700 $155,800
2018 $2,758 $268,500 $112,700 $155,800
2017 -- $262,600 $0 $0
2016 $2,434 $0 $0 $0
2015 -- $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6433003

NorthstarMLS

APN: R-09.017.0805