NOT LISTED FOR SALE

500 S Pine St Waconia, MN 55387

Estimated Value: $381,000 - $408,000

5 Beds
3 Baths
2,255 Sq Ft
$176/Sq Ft Est. Value

Last Sold February 25, 2013

Last sale price $137,900 $61 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $2,528/month

398 Days on Market

Highlights

  • 4 Car Detached Garage
  • Southview Elementary School Rated 9+
  • Forced Air Heating and Cooling System

About This Home

As of February 2013

Duplex in the heart of Waconia. Remodeled in 2000.

Last Agent to Sell the Property

Kris Lindahl

RE/MAX Results Listed on: 01/06/2012

Co-Listed By

Sarah Pickens

RE/MAX Results

Last Buyer's Agent

Jessica Gorres

Coldwell Banker Burnet

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,943

Year Built

  • Built in 1885

Lot Details

  • 7,841

Parking

  • 4 Car Detached Garage

Home Design

  • Duplex
  • Metal Siding

Interior Spaces

  • 2,255 Sq Ft Home
  • Walk-Out Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Additional Features

  • 7,841 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 755000470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,943

Year Built

Built in 1885

Lot Details

0

Parking

4

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 25
  • Assessments: Unknown
  • Construction: Previously Owned
  • Parcel Number: 755000470
  • Potential Short Sale: Yes
  • Projected Closed Date: 02/25/2013
  • Street Designation: Street
  • Taxes With Assessments: 2968
  • Estimated Number of Acres: 0.18
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 2255
  • Total Fin Square Footage: 2255

Exterior Features

  • Exterior: Metal

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 4

Utilities

  • Heat: Forced Air

Schools

  • School District: Waconia #110

Building Info

  • Year Built: 1885

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2011
  • Tax Value: 2943

MLS Schools

  • School District: Waconia #110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2021
Sold by
Windy Creek Llc
Bought by
Mackenthun Brian and Mackenthun Shannon
Current Estimated Value
$396,157

Purchase Details

Closed on
Oct 16, 2013
Sold by
Windy Creek Properties Llc
Bought by
Riebel Marcia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,425
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2013
Sold by
Riebel Marcia R
Bought by
Windy Creek Properties Llc

Purchase Details

Listed on
Jan 6, 2012
Closed on
Feb 25, 2013
Sold by
Burke Thomas F and Burke Ann M
Bought by
Mattson Kevin D
Seller's Agent
Kris Lindahl
RE/MAX Results
Buyer's Agent
Jessica Gorres
Coldwell Banker Burnet
List Price
$169,900
Sold Price
$137,900
Premium/Discount to List
-$32,000
-18.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%

Purchase Details

Listed on
Jan 6, 2012
Closed on
Feb 19, 2013
Sold by
Mattson Kevin D and Mattson Julie D
Bought by
Riebel Marcia
Seller's Agent
Kris Lindahl
RE/MAX Results
Buyer's Agent
Jessica Gorres
Coldwell Banker Burnet
List Price
$169,900
Sold Price
$137,900
Premium/Discount to List
-$32,000
-18.83%

Purchase Details

Closed on
Jun 15, 2004
Sold by
Hipp David P and Hipp Linda J
Bought by
Burke Thomas F and Burke Ann M

Purchase Details

Closed on
Sep 4, 1998
Sold by
Aldridge Audrey
Bought by
Hipp David P and Hipp Linda J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mackenthun Brian $345,000 Trademark Title
Riebel Marcia R -- Nations Title Agency Mn Inc
Windy Creek Properties Llc -- None Available
Mattson Kevin D -- Burnet Title
Riebel Marcia $137,900 Burnet Title
Burke Thomas F $315,000 --
Hipp David P $40,000 --
Mackenthun Brian Brian $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riebel Marcia R $103,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2013 02/25/13 Sold $137,900 -18.8% $61 / Sq Ft
02/07/2013 02/07/13 Pending -- -- --
01/06/2012 01/06/12 For Sale $169,900 -- $75 / 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 $5,122 $351,800 $85,000 $266,800
2024 $4,814 $332,500 $65,000 $267,500
2023 $4,980 $326,000 $65,000 $261,000
2022 $4,282 $346,900 $75,600 $271,300
2021 $4,062 $236,500 $63,000 $173,500
2020 $3,910 $233,500 $63,000 $170,500
2019 $3,806 $211,100 $60,000 $151,100
2018 $3,404 $211,100 $60,000 $151,100
2017 $3,026 $196,700 $51,400 $145,300
2016 $3,024 $177,000 $0 $0
2015 $2,552 $154,000 $0 $0
2014 $2,552 $138,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3588714

REALTOR® Association of Southern Minnesota

APN: 75.5000470