NOT LISTED FOR SALE

501 4th St SW Montgomery, MN 56069

Estimated Value: $163,000 - $220,000

2 Beds
2 Baths
1,064 Sq Ft
$179/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $118,000 $111 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,283/month

4 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • Corner Lot
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of November 2020

Great 2 bedroom 2 bathroom home situated on a large corner lot in Montgomery! This charming home features original wide-trim woodwork, beautiful built-ins and hardwood floors throughout. Large lot with mature trees and 2-car garage. Great location near parks, lakes, restaurants and shopping. Please note - home is being sold “as is”. All showings will take place on Saturday, September 19th from 10am-2pm.

Last Listed By

Jason Huerkamp

Keller Williams Preferred Rlty Listed on: 09/15/2020

Keller Williams Preferred Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,229

Year Built

  • Built in 1922

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 80x188
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Pitched Roof
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Mary Richter Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 225400040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,229

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Wood
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1922
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1064.00
  • Above Grade Finished Area Search: 1064.00
  • Above Grade Finished Sq Ft: 1064.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Co Listing Association Office S K: 17969
  • Floor Plan Type: Main Floor Bedroom
  • Foundation Area Units: Square Feet
  • Garage Area: 480.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 17969
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1064.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 1064.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 225400040
  • Rental License: No
  • Stories Type: One
  • Tax Assessment Balance: 15.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Drainage System, Full, Sump Pump
  • Appliances: Dryer, Range, Refrigerator, Washer, Water Softener - Owned
  • Dining Room Features: Informal Dining Room, Kitchen/Dining Room
  • Family Room Features: Family Room, Main Level
  • Bathroom Type: 3/4 Basement, Main Floor Full Bath
  • Living Area: 1064.00
  • Fireplace: No
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt Shingles, Pitched

Garage/Parking

  • Parking Features: Detached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Ceiling Fan(s), Hardwood Floors, Kitchen Window, Porch, Tile Floors

Schools

  • School District: 2905 - Tri-City United
  • School District Phone: 507-364-8100

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Assessment Pending: Unknown
  • Lot Size: 80x188
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Corner Lot, Tree Coverage - Medium
  • Lot Size Acres: 0.3430
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: MARY RICHTER ADDN BLOCK-001 LOTS 6-7
  • Tax Amount: 2229.00
  • Tax Year: 2020
  • Tax With Assessments: 2244.00
  • Assessor Parcel Number: 225400040

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 2905 - Tri-City United

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2015
Closed on
Oct 9, 2015
Sold by
Lorensen Kevin Kevin
Bought by
Arvidson Duaine Duaine
Seller's Agent
Lisa Skluzacek
RE/MAX Advantage Plus
List Price
$99,900
Sold Price
$94,500
Premium/Discount to List
-$5,400
-5.41%
Total Days on Market
4
Current Estimated Value
$190,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,356
Avg. Annual Appreciation
7.61%
Original Mortgage
$94,500
Outstanding Balance
$75,069
Interest Rate
3.76%
Estimated Equity
$115,787

Purchase Details

Closed on
Feb 26, 2010
Sold by
Coffing Darcee D and Coffing Michael W
Bought by
Lorensen Kevin

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
Arvidson Duaine Duaine $94,500 --
Lorensen Kevin $45,000 --
-- $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arvidson Duaine Duaine $94,500
Closed -- $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $118,000 0.0% $111 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/21/2020 09/21/20 Off Market $118,000 -- --
09/19/2020 09/19/20 For Sale $109,900 +16.3% $103 / Sq Ft
10/09/2015 10/09/15 Sold $94,500 -0.4% $89 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
06/30/2015 06/30/15 Price Changed $94,900 -5.0% $89 / Sq Ft
06/12/2015 06/12/15 For Sale $99,900 -- $94 / 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 $2,694 $180,600 $45,000 $135,600
2023 $2,426 $180,600 $45,000 $135,600
2022 $2,188 $157,600 $45,000 $112,600
2021 $2,042 $128,200 $41,000 $87,200
2020 $1,934 $121,500 $38,000 $83,500
2019 $1,732 $88,900 $29,198 $59,702
2018 $1,496 $80,800 $28,351 $52,449
2017 $1,325 $70,300 $24,929 $45,371
2016 $1,262 $59,600 $20,806 $38,794
2015 $1,247 $59,600 $20,806 $38,794
2014 $989 $43,100 $15,586 $27,514
2013 $982 $43,100 $15,586 $27,514
Source: Public Records

Agents Affiliated with this Home

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Map

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Source: NorthstarMLS

MLS Number: NST5645064

NorthstarMLS

APN: 22.540.0040