NOT LISTED FOR SALE

486 16th St Red Wing, MN 55066

Estimated Value: $212,266

3 Beds
1 Bath
1,120 Sq Ft
$190/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $200,000 $179 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,383/month

36 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Combination Dining and Living Room
  • No HOA
  • Forced Air Heating and Cooling System
  • 4-minute walk to South Park

About This Home

As of October 2023

Easy to care for and maintain level front and rear yard. Walkout basement has potential for additional living area. Third bedroom has additional connection door to basement and kitchen access and has usage options as a formal dining area or office/den. Private deck and a low traffic volume street.

Last Listed By

Duffy Schafer

Edina Realty, Inc. Listed on: 06/19/2023

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,472

Year Built

  • Built in 1960

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 67x65

Parking

  • 1 Car Garage

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Unfinished Basement
  • Walk-Out Basement
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Smiths Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 554750070

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,472

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 1120
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 26x4x
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Unfinished, Walkout
  • Appliances: Range, Refrigerator
  • Living Area: 1120
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Parking Features: Detached, Asphalt, Electric
  • Garage Square Feet: 308
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck

Schools

  • Junior High Dist: Red Wing
  • SchoolDistrictNumber: 256
  • SchoolDistrictPhone: 651-385-4500

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 67x65
  • Lot Size Sq Ft: 5227.2
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 554750070
  • Tax Annual Amount: 2472
  • TaxWithAssessments: 2472.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Sep 29, 2023
Sold by
Mahn Joseph J and Mahn Amanda Jo
Bought by
Otto Willard K and Otto Lauren M
Seller's Agent
Duffy Schafer
Edina Realty, Inc.
Buyer's Agent
Sandra Bartel
BRIX Real Estate
List Price
$200,000
Sold Price
$200,000
Total Days on Market
36
Views
210
Current Estimated Value
$212,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,266
Avg. Annual Appreciation
3.81%
Original Mortgage
$190,000
Outstanding Balance
$187,153
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$25,113

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
Otto Willard K $200,000 Knight Barry Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otto Willard K $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $200,000 0.0% $179 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $200,000 -- $179 / 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 -- $194,300 $28,100 $166,200
2023 $2,472 $183,500 $28,100 $155,400
2022 $2,324 $182,300 $28,100 $154,200
2021 $2,172 $155,400 $28,100 $127,300
2020 $2,150 $147,100 $28,100 $119,000
2019 $2,162 $135,800 $28,100 $107,700
2018 $1,780 $138,200 $26,900 $111,300
2017 $1,732 $120,500 $26,900 $93,600
2016 $1,614 $118,700 $26,900 $91,800
2015 $1,556 $115,800 $26,900 $88,900
2014 -- $110,900 $26,900 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6390226

NorthstarMLS

APN: 55.475.0070