NOT LISTED FOR SALE

502 4th St W Morgan, MN 56266

Estimated Value: $131,000 - $159,000

3 Beds
2 Baths
2,748 Sq Ft
$52/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $72,000 $26 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $922/month

25 Days on Market

Highlights

  • Deck
  • No HOA
  • Forced Air Heating and Cooling System
  • Corner Lot
  • 1 Car Detached Garage

About This Home

As of August 2016

Remodeled in 2001, this former 1 1/2 story home was converted into a 2 story. The property offers a large kitchen, an abundance of living space on the main level, three bedrooms upstairs, a bath on the main and upper levels, deck, corner lot and much more.

Last Listed By

Doug Kerkhoff

Kerkhoff Auction & Real Estate Listed on: 06/13/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $920

Year Built

  • Built in 1929

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70x150
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,748 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 867560380

Home Details

Home Type

Single Family

Est. Annual Taxes

$920

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Vinyl
  • Garage Spaces: 1.00
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1929
  • Above Grade Finished Sq Ft: 1832.00
  • Above Grade Finished Area Search: 1832.00
  • Above Grade Finished Sq Ft: 1832.00
  • Assessment Pending Y N: Yes
  • Below Grade Total Sq Ft: 916.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 15822
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1832.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 916.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 867560380
  • Rental License: No
  • Stories Type: Two
  • Tax Assessment Balance: 68.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Concrete Block, Full, Unfinished
  • Dining Room Features: Eat In Kitchen, Separate/Formal Dining Room
  • Bathroom Type: Main Floor 3/4 Bath
  • Living Area: 2748.00
  • Fireplace: No
  • Stories: 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt Shingles

Garage/Parking

  • Parking Features: Detached Garage, Driveway - Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Deck

Schools

  • School District: 2754 - Cedar Mountain
  • School District Phone: 507-249-5990

Lot Info

  • Construction: Previously Owned
  • Waterfront YN: No
  • Assessment Pending: Yes
  • Lot Size: 70x150
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.2400
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: BLK-015 SECOND ADDITION SE1/4 LOT 1, 70' X 150'
  • Tax Amount: 920.00
  • Tax Year: 2016
  • Tax With Assessments: 988.00
  • Assessor Parcel Number: 867560380

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 2754 - Cedar Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Aug 26, 2016
Sold by
Hardwick Jason Jason
Bought by
Rivera Timothy
Seller's Agent
Doug Kerkhoff
Kerkhoff Auction & Real Estate
List Price
$70,000
Sold Price
$72,000
Premium/Discount to List
$2,000
2.86%
Total Days on Market
25
Current Estimated Value
$142,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,355
Avg. Annual Appreciation
8.57%
Original Mortgage
$71,900
Outstanding Balance
$58,645
Interest Rate
3.42%
Estimated Equity
$88,631

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
Rivera Timothy $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Timothy $71,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2016 08/26/16 Sold $72,000 +2.9% $26 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $70,000 -- $25 / 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 $1,594 $138,100 $4,700 $133,400
2023 $1,370 $116,800 $4,700 $112,100
2022 $1,296 $92,800 $4,700 $88,100
2021 $1,178 $84,200 $5,100 $79,100
2020 $1,168 $80,800 $5,200 $75,600
2019 $1,182 $76,400 $5,200 $71,200
2018 $954 $76,400 $5,200 $71,200
2017 $1,012 $0 $0 $0
2016 $988 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5185683

NorthstarMLS

APN: 86-756-0380