NOT LISTED FOR SALE

502 1st St NE Buffalo, MN 55313

Estimated Value: $319,305 - $363,000

4 Beds
2 Baths
2,098 Sq Ft
$161/Sq Ft Est. Value

Last Sold July 02, 2012

Last sale price $98,199 $47 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $2,095/month

46 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • 2-minute walk to Lions Park
  • 1-Story Property
  • Community Deck or Porch

About This Home

As of July 2012

Great opportunity to own an affordable property with two units. Both units are 2 bedroom/1 bath. Hurry - this property won't last long.

Last Agent to Sell the Property

Raymond Clark

Edina Realty, Inc. Listed on: 04/30/2012

Last Buyer's Agent

John Hite

John E Hite Real Estate Invest

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2,098 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 103056002020

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Parcel Number: 103056002020
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1848
  • Total Fin Square Footage: 2098
  • Below Grade Finished Sq Ft: 250

Exterior Features

  • Frontage Road: City
  • Exterior: Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Deck

Lot Info

  • Estimated Lot Dimensions: getting

Building Info

  • Year Built: 1955

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2012
  • Tax Value: 2973

MLS Schools

  • School District: Buffalo-Hanover-Montrose #877

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Four Leaf Investments Llc
Bought by
Sanda Rebecca
Current Estimated Value
$337,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,150
Outstanding Balance
$264,090
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$73,486

Purchase Details

Listed on
Apr 30, 2012
Closed on
Jun 14, 2012
Sold by
Hsbc Bank Usa Na
Bought by
Four Leaf Investments Llc
Seller's Agent
Raymond Clark
Edina Realty, Inc.
Buyer's Agent
John Hite
John E Hite Real Estate Invest
List Price
$115,000
Sold Price
$98,199
Premium/Discount to List
-$16,801
-14.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%

Purchase Details

Closed on
Jul 26, 2005
Sold by
Carlson Robert S and Carlson Sheila A
Bought by
Evans Nicholas T

Purchase Details

Closed on
Aug 25, 2000
Sold by
Nordberg Steve and Mcdonald Elizabeth
Bought by
Carlson Robert S and Carlson Sheila A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sanda Rebecca $285,000 --
Four Leaf Investments Llc $98,199 --
Evans Nicholas T $240,000 --
Carlson Robert S $126,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanda Rebecca $282,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2012 07/02/12 Sold $98,199 -14.6% $47 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $115,000 -- $55 / 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 $4,168 $335,300 $71,700 $263,600
2024 $3,494 $326,400 $71,700 $254,700
2023 $3,400 $297,500 $70,000 $227,500
2022 $4,192 $270,600 $64,000 $206,600
2021 $4,152 $234,000 $50,000 $184,000
2020 $4,088 $228,300 $50,000 $178,300
2019 $3,416 $217,100 $0 $0
2018 $3,128 $189,200 $0 $0
2017 $2,936 $173,000 $0 $0
2016 $2,810 $0 $0 $0
2015 $2,682 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Raymond Clark

    Edina Realty, Inc.

  • J

    Buyer's Agent in 2012

    John Hite

    John E Hite Real Estate Invest

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3590593

REALTOR® Association of Southern Minnesota

APN: 103-056-002020

Minnesota Wright County Buffalo 55313

502 1st St NE, Buffalo, MN

Not Listed for Sale

MultiFamily

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