NOT LISTED FOR SALE

500 4th St E Northfield, MN 55057

Estimated Value: $491,000 - $563,000

3 Beds
2 Baths
2,181 Sq Ft
$235/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $496,000 $227 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,461/month

4 Days on Market

Highlights

  • Bonus Room
  • Corner Lot
  • Walk-In Pantry
  • Spring Creek Elementary Rated A-
  • No HOA
  • 2-minute walk to Central Park

About This Home

As of March 2024

This lovely Gingerbread house with arched windows and roofline architectural detail is located in the highly sought-after historic district near Carleton College. This lovingly maintained home and garden is situated on a corner lot, diagonal to Central Park. The home is only 3 blocks from historic Downtown Northfield, offering restaurants, coffee shops, the library, boutiques, grocery and more! It is walking distance to Cowling Arboretum, which offers 880 acres of hiking, biking, fishing, and cross-country ski trails. Entertain in one of the many spaces available: Living Room, Library, Dining Room, large backyard, or relax on one of three outdoor patios or the amazing three season porch. The 2 car, extra-deep garage is large enough for a full sized pickup truck, and boasts a beautifully finished bonus space in the upper level. This home must be seen to be appreciated. Get your showing booked today!

Last Agent to Sell the Property

Jennifer Ritzman

Re/Max Advantage Plus Listed on: 02/23/2024

Re/Max Advantage Plus

Co-Listed By

Ryan O'Neill

RE/MAX Advantage Plus

Last Buyer's Agent

Carol Hong

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,292

Year Built

  • Built in 1879

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 105x132
  • Partially Fenced Property
  • Wood Fence
  • Corner Lot
  • Many Trees

Parking

  • 2 Car Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Brick Foundation
  • Wood Siding

Interior Spaces

  • 2,181 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Library
  • Bonus Room
  • Washer and Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Cooktop
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Partial Basement
  • Drain
  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • City/Northfield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2206200028

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,292

Year Built

Built in 1879

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: 1879
  • Above Grade Finished Sq Ft: 2181
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Brick/Mortar, Crawl Space, Drain Tiled, Partial
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Exhaust Fan, Gas Water Heater, Refrigerator, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 2181
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Library, Bedroom 1, Bedroom 2, Bedroom 3, Three Season Porch, Pantry (Walk-In), Foyer, Bonus Room

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: Partial, Wood
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Front Porch,Screened

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener, Insulated Garage

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, Other
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Window,Natural Woodwork,Paneled Doors,Porch,Sun Room,Tile Floors,Washer/Dryer Hookup

Schools

  • Junior High Dist: Northfield
  • SchoolDistrictPhone: 507-663-0629

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 105x132
  • Lot Size Sq Ft: 13939.2
  • Land Lease: No
  • Lot Features: Corner Lot, Many 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: 2206200028
  • Tax Annual Amount: 6292
  • TaxWithAssessments: 6292.0000

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Mar 6, 2024
Sold by
Oconnell Paul S and Oconnell Derrin D
Bought by
Tuma Nicole M and Cornell David R
Seller's Agent
Jennifer Ritzman
Re/Max Advantage Plus
Buyer's Agent
Carol Hong
Coldwell Banker Realty
List Price
$485,000
Sold Price
$496,000
Premium/Discount to List
$11,000
2.27%
Views
60
Current Estimated Value
$534,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,124
Avg. Annual Appreciation
1.78%
Original Mortgage
$372,000
Outstanding Balance
$365,824
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$145,904

Purchase Details

Closed on
Sep 25, 2023
Sold by
Ebert Lisa M and Ebert Audrey M
Bought by
Oconnell Paul S and Oconnell Derrin D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tuma Nicole M $496,000 Trademark Title
Oconnell Paul S $500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuma Nicole M $372,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2024 03/22/24 Sold $496,000 +2.3% $227 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $485,000 +56.5% $222 / Sq Ft
08/16/2012 08/16/12 Sold $310,000 -1.6% $173 / Sq Ft View Prior Sale
07/24/2012 07/24/12 Pending -- -- --
07/08/2012 07/08/12 For Sale $315,000 -- $176 / 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 $7,940 $480,500 $136,800 $343,700
2024 $7,940 $417,300 $122,900 $294,400
2023 $6,292 $417,300 $122,900 $294,400
2022 $5,804 $390,900 $120,600 $270,300
2021 $5,524 $351,900 $113,600 $238,300
2020 $5,550 $331,300 $105,300 $226,000
2019 $5,534 $326,200 $105,300 $220,900
2018 $320 $321,100 $105,300 $215,800
2017 $4,758 $304,000 $105,300 $198,700
2016 $4,798 $295,900 $102,000 $193,900
2015 $4,686 $284,500 $102,000 $182,500
2014 -- $279,900 $102,000 $177,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6493652

NorthstarMLS

APN: 22.06.2.00.028