NOT LISTED FOR SALE

501 County Road 8 Fountain, MN 55935

Estimated Value: $168,000 - $204,963

2 Beds
1.5 Baths
1,508 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 03, 2012

Last sale price $75,000 $50 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,098/month

Highlights

  • Vaulted Ceiling
  • 2 Car Attached Garage
  • 1-Story Property
  • Corner Lot
  • Bathroom on Main Level
  • Water Softener is Owned

About This Home

As of August 2012

Drive a little, save a lot! Clean and affordable 1977 ranch style home with new carpet and fresh paint. Set on a corner lot with an oversized two car garage close to the City Park. Lower level offers finished family room with wood stove, den/study (could be 3rd bedroom with egress window) and half bath. Choice of Chatfield, Lanesboro, Kingsland or Fillmore Central Schools. Move-in condition!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,798

Year Built

  • 1977

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 65x112
  • Corner Lot

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Dining Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 240052010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,798

Year Built

1977

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Gravel
  • Estimated Number of Acres: 0.17
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Electric, Water Softener-Owned
  • Parcel Number: 240052010
  • Range: 11.00
  • Section: 10.00
  • Stories: 1 Story
  • Twp Number: 103.00
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Dining Room: Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 1/2 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Bedroom, 10x11, On Level: Main
  • Room 2: Bedroom, 9x14, On Level: Main
  • Room 4: Den/Office, 9x13, On Level: Basement
  • Room 5: Dining Room, 8x8, On Level: Main
  • Room 6: Family Room, 14x22, On Level: Basement
  • Room 9: Kitchen, 8x9, On Level: Main
  • Room 11: On Level: Basement
  • Room 12: Living Room, 15x17, On Level: Main
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 864
  • Below Grade Finished Sq Ft: 644
  • Total Fin Square Footage: 1508
  • Total Square Footage: 1728

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Wall
  • Fuel: Electric
  • Heat: Baseboard
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 65x112
  • Lot/Land Description: Corner Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2024
Sold by
Schwebach Nicholas and Schwebach Brooke
Bought by
Spurgin Landon
Current Estimated Value
$180,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,900
Outstanding Balance
$163,046
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$17,195

Purchase Details

Closed on
Sep 22, 2015
Sold by
Lyons Dolores and Schwebach Nicholas B
Bought by
Schwebach Nicholas B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,714
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

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
Spurgin Landon $170,000 --
Schwebach Nicholas B $84,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spurgin Landon $164,900
Previous Owner Schwebach Nicholas B $85,714
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2012 08/03/12 Sold $75,000 -2.6% $50 / Sq Ft
06/06/2012 06/06/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $77,000 -- $51 / 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 $1,798 $196,300 $16,200 $180,100
2024 $1,798 $166,300 $16,200 $150,100
2023 $1,586 $166,300 $16,200 $150,100
2022 $1,006 $140,100 $16,200 $123,900
2021 $1,006 $101,300 $10,200 $91,100
2020 $942 $101,300 $10,200 $91,100
2019 $892 $91,800 $10,200 $81,600
2018 $816 $91,800 $10,200 $81,600
2017 -- $86,500 $10,200 $76,300
2016 $700 $84,600 $10,200 $74,400
2015 $900 $49,300 $6,333 $42,967
2014 $900 $59,700 $6,850 $52,850
2013 $900 $64,300 $7,037 $57,263
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4184076

REALTOR® Association of Southern Minnesota

APN: 24.0052.010