NOT LISTED FOR SALE

480 1st St E Tracy, MN 56175

Estimated Value: $188,000 - $231,000

3 Beds
2 Baths
1,768 Sq Ft
$117/Sq Ft Est. Value

Last Sold February 13, 2024

Last sale price $190,000 $107 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,354/month

62 Days on Market

Highlights

  • 1 Fireplace
  • The kitchen features windows
  • Patio
  • No HOA
  • 2 Car Attached Garage
  • Living Room

About This Home

As of February 2024

Welcome to this fantastic four-level split home, perfectly situated on a spacious lot in a highly desirable location. As you enter, you'll appreciate the convenience of the attached two-stall garage, offering not only ample storage but also direct access into the heart of the home. The well-designed kitchen boasts a generous center island, seamlessly connecting to the open dining and living areas, with easy access to the backyard patio for outdoor enjoyment. Headed to the upper level, you'll find three comfortably sized bedrooms and a nicely sized bathroom. The lower level is a cozy haven with a charming gas fireplace, brand new flooring, and an ideal office space setup. Additionally, this level features a bathroom equipped with laundry facilities, adding to the home's practicality. The lowest level houses the mechanical room, offering ample storage potential and future finishing possibilities for those looking to customize their space. This four-level split home is waiting for you!

Last Agent to Sell the Property

KaLea Swenson

Edina Realty, Inc. Listed on: 11/07/2023

Last Buyer's Agent

Jeffrey Carpenter

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,654

Year Built

  • Built in 1992

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 141x102
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Level Home

Interior Spaces

  • 1 Fireplace
  • Family Room
  • Living Room
  • Utility Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • Athletic Field Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 311420030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,654

Year Built

Built in 1992

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
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1992
  • Above Grade Finished Sq Ft: 1144
  • Unit Levels: Four or More Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 20x26
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Egress Window(s), Finished, Full, Concrete, Storage Space, Sump Pump
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Rented
  • Fireplace Features: Gas
  • Living Area: 1768
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 624
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Bathroom, Laundry, Utility Room, Other Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Electric, Garage Door Opener
  • Garage Square Feet: 676
  • ParkingOpen: 2

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Oil

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Center Island,Kitchen Window,Patio,Washer/Dryer Hookup

Schools

  • Junior High Dist: Tracy Area
  • SchoolDistrictNumber: 2904
  • SchoolDistrictPhone: 507-629-5500

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 141x102
  • Lot Size Sq Ft: 13895.64
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick Veneer, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 311420030
  • Tax Annual Amount: 2654
  • TaxWithAssessments: 2704.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Feb 13, 2024
Sold by
Pedersen Daren and Pedersen Shea
Bought by
Lavoy Mathew and Morgan Lavoy
Seller's Agent
KaLea Swenson
Edina Realty, Inc.
Buyer's Agent
Jeffrey Carpenter
Edina Realty, Inc.
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%
Views
107
Current Estimated Value
$206,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,207
Avg. Annual Appreciation
3.84%
Original Mortgage
$180,500
Outstanding Balance
$178,182
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$22,872

Purchase Details

Closed on
Sep 5, 2018
Sold by
Furman Jerry M
Bought by
Pederson Daren and Pederson Shea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,065
Interest Rate
5.62%
Mortgage Type
FHA
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
Lavoy Mathew $190,000 --
Pederson Daren $162,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavoy Mathew $180,500
Previous Owner Pederson Daren $159,065
Previous Owner Furman Jerry M $76,211
Previous Owner Furman Jerry M $16,600
Previous Owner Furman Jerry M $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2024 02/13/24 Sold $190,000 -5.0% $107 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
12/26/2023 12/26/23 Price Changed $199,900 -2.5% $113 / Sq Ft
11/30/2023 11/30/23 Price Changed $205,000 -2.4% $116 / Sq Ft
11/07/2023 11/07/23 For Sale $210,000 -- $119 / 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 $2,700 $165,400 $10,200 $155,200
2023 $2,704 $153,100 $10,000 $143,100
2022 $2,250 $138,300 $10,000 $128,300
2021 $2,000 $113,300 $10,000 $103,300
2020 $2,006 $104,500 $10,000 $94,500
2019 $1,918 $105,600 $10,000 $95,600
2018 $2,478 $103,900 $10,000 $93,900
2017 $2,478 $103,900 $10,000 $93,900
2016 $2,390 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6453033

NorthstarMLS

APN: 31-142003-0