NOT LISTED FOR SALE

501 3rd St SE Hayfield, MN 55940

Estimated Value: $338,000 - $374,000

4 Beds
3 Baths
2,086 Sq Ft
$169/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $355,000 $170 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,331/month

2 Days on Market

Highlights

  • Above Ground Pool
  • No HOA
  • The kitchen features windows
  • Deck
  • Walk-In Pantry
  • 3 Car Attached Garage

About This Home

As of June 2022

Feels-like-new bi-level home at the end of a peaceful city street with wide-open country views. Sloped/tray ceiling over the upper-level common area. Kitchen has stainless appliances, island and breakfast bar, plus walk-in pantry. Rich hardwood flooring in the kitchen & dining with access to the large deck and steps down to a massive backyard patio. Primary bedroom has a farmhouse feel with barn doors & shiplap decor, walk-in closet and private ensuite with full bath. Second bedroom and full bath complete the upper level. Filling out the finished lower level is an extra-large family room with space for media and gaming areas, two additional bedrooms, a third full bath and laundry room. Backyard is surrounded by a privacy fence and has a disconnected 2nd deck with tank pool offering lots of greenspace for entertaining in a big way or just your quiet enjoyment. The 3-stall garage that safely stores your vehicles and toys makes this the perfect home for you!

Last Listed By

Denel Ihde Sparks

Re/Max Results Listed on: 05/13/2022

Re/Max Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,244

Year Built

  • Built in 2012

Lot Details

  • 0.37 Acre Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Privacy Fence
  • Vinyl Fence
  • Few Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Bi-Level Home

Interior Spaces

  • Entrance Foyer
  • Family Room
  • Living Room
  • Utility Room

Kitchen

  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Above Ground Pool
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service

Community Details

  • No Home Owners Association
  • Klocke 2Nd Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 233762004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,244

Year Built

Built in 2012

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 2012
  • Above Grade Finished Sq Ft: 1098
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 25x44
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Egress Window(s), Finished, Full
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2086
  • Fireplace: No
  • Below Grade Finished Sq Ft: 988
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Foyer, Laundry, Utility Room, Deck, Deck, Pantry (Walk-In)
  • SqFtTotal: 2196.00

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: Above Ground, Outdoor Pool
  • Fencing: Full, Privacy, Vinyl

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 684

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 150 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Paneled Doors,Panoramic View,Walk-Up Attic

Schools

  • Junior High Dist: Hayfield
  • SchoolDistrictNumber: 203
  • SchoolDistrictPhone: 507-477-3235

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 16117.2
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 233762004
  • Tax Annual Amount: 4244
  • TaxWithAssessments: 4272.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 30, 2022
Sold by
Peterson Cameron D and Peterson Ashley L
Bought by
Hill Joseph R and Hill Alexandria K
Seller's Agent
Denel Ihde Sparks
Re/Max Results
Buyer's Agent
Mike Delhanty
Dwell Realty Group LLC
List Price
$349,900
Sold Price
$355,000
Premium/Discount to List
$5,100
1.46%
Total Days on Market
2
Current Estimated Value
$351,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,402
Avg. Annual Appreciation
-0.34%
Original Mortgage
$284,000
Outstanding Balance
$272,907
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$78,691

Purchase Details

Listed on
May 24, 2017
Closed on
Jan 26, 2018
Sold by
Pennington Ryan Dale and Pennington Mary
Bought by
Peterson Ashley L and Peterson Cameron D
Seller's Agent
Richard Rieken
South East Minnesota Realty, Inc
Buyer's Agent
Denel Ihde Sparks
RE/MAX Results
List Price
$254,900
Sold Price
$225,000
Premium/Discount to List
-$29,900
-11.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$220,924
Interest Rate
3.94%
Mortgage Type
FHA

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
Hill Joseph R $355,000 None Listed On Document
Peterson Ashley L $225,000 None Available
Pennington Ryan Dale -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Joseph R $284,000
Previous Owner Peterson Cameron Dietrich $218,000
Previous Owner Peterson Cameron D $215,966
Previous Owner Peterson Cameron D $216,914
Previous Owner Peterson Ashley L $220,924
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $355,000 +9.2% $170 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
05/13/2022 05/13/22 Price Changed $325,000 -7.1% $156 / Sq Ft
05/13/2022 05/13/22 For Sale $349,900 +55.5% $168 / Sq Ft
01/26/2018 01/26/18 Sold $225,000 -11.7% $100 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $254,900 -- $113 / 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 $4,578 $328,800 $35,300 $293,500
2023 $4,576 $301,800 $35,300 $266,500
2022 $4,608 $304,600 $35,300 $269,300
2021 $4,272 $267,200 $35,300 $231,900
2020 $4,434 $245,800 $25,800 $220,000
2019 $4,140 $234,300 $25,800 $208,500
2018 $3,172 $218,300 $25,800 $192,500
2017 $2,818 $167,600 $25,800 $141,800
2016 $2,460 $165,300 $25,800 $139,500
2015 $2,434 $156,200 $25,800 $130,400
2014 $2,328 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6193348

NorthstarMLS

APN: 23.376.2004