NOT LISTED FOR SALE

502 Lynch St Arlington, MN 55307

Estimated Value: $199,000 - $239,000

3 Beds
2 Baths
1,572 Sq Ft
$142/Sq Ft Est. Value

Last Sold May 29, 2018

Last sale price $144,000 $92 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,399/month

Highlights

  • Vaulted Ceiling
  • No Interior Steps
  • 1-Story Property
  • 2 Car Attached Garage
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of May 2018

Welcome to this bright and open concept twinhome! The spacious floor plan provides a ideal layout for entertaining in this pristine and desirable one-level property. Enjoy the benefit of being in close proximity to area conveniences while being located on a peacefully quiet street.

Last Agent to Sell the Property

Leah Prahl

Premier Choice Realty License #40182916 Listed on: 02/23/2018

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,548

Year Built

  • 2006

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 120

Home Design

  • Twin Home
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,572 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Sump Pump
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Accessible Home Design

  • No Interior Steps

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 31.0777.000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,548

Year Built

2006

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Twin Home
  • Ada Features: No Stairs Internal, Doors 36" plus
  • Amenities: Ceiling Fans, Garage Door Opener, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.14
  • Assessment Balance: 18
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1572
  • L V T Date: 02/23/2018
  • Mechanicals: Water Softener-Owned, Sump Pump
  • Parcel Number: 31.0777.000
  • Price Per Square Foot: 95
  • Sold Price Per Sq Ft: 92
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 1970
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2006

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 3/4 Bath, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 15x16, On Level: Main
  • Room 2: Dining Room, 13x15, On Level: Main
  • Room 3: Kitchen, 10x12, On Level: Main
  • Room 4: Bedroom, 11x16, On Level: Main
  • Room 5: Bedroom, 10x13, On Level: Main
  • Room 6: Bedroom, 10x13, On Level: Main
  • Room 7: 5x15, On Level: Main
  • Room 8: Laundry Room, 6x9, On Level: Main
  • Room 9: Patio, 12x12, On Level: Main
  • Basement Features: Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1572
  • Tot Above Grade Sq Ft: 1572
  • Total Fin Square Footage: 1572
  • Total Square Footage: 1572

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved
  • Construction Type: Concrete Block
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2
  • Garage Square Footage: 484

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Sibley East #2310

Lot Info

  • Estimated Lot Dimensions: 50 x 120
  • Lot/Land Description: Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2018
Closed on
May 29, 2018
Sold by
Nicole Stock
Bought by
Reierson Brent J and Reierson Sarah L
Seller's Agent
Leah Prahl
Premier Choice Realty
List Price
$149,900
Sold Price
$144,000
Premium/Discount to List
-$5,900
-3.94%
Current Estimated Value
$223,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,992
Avg. Annual Appreciation
6.17%
Original Mortgage
$116,200
Outstanding Balance
$100,494
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$123,498

Purchase Details

Closed on
Nov 8, 2013
Sold by
Stock Duane and Stock Vicki
Bought by
Stock Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 12, 2012
Closed on
Mar 29, 2013
Sold by
Nielsen Julie A and Nielsen Scott E
Bought by
Stock Duane and Stock Vicki
Seller's Agent
Jeffrey Schulz
RE/MAX Advantage Plus
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$124,500
Sold Price
$108,500
Premium/Discount to List
-$16,000
-12.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
Nov 20, 2011
Sold by
Julie A Julie A and Nielsen Scott E
Bought by
Nielsen Julie A and Nielsen Scott E

Purchase Details

Closed on
Aug 20, 2011
Sold by
Lavonne A Lavonne A and Buckentine Revocable Trust Dat Lavonne A
Bought by
Nielsen Julie A and Nielsen Scott E

Purchase Details

Closed on
Sep 30, 2009
Sold by
Lavonne A Lavonne A
Bought by
Buckentine Lavonne A
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
Reierson Brent J $144,000 --
Stock Nicole -- --
Stock Duane -- Title Mark Waconia
Nielsen Julie A -- --
Nielsen Julie A -- --
Buckentine Lavonne A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reierson Brent J $116,200
Previous Owner Stock Nicole $50,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2018 05/29/18 Sold $144,000 -3.9% $92 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $149,900 +38.2% $95 / Sq Ft
03/29/2013 03/29/13 Sold $108,500 -12.9% $82 / Sq Ft View Prior Sale
03/11/2013 03/11/13 Pending -- -- --
09/12/2012 09/12/12 For Sale $124,500 -- $94 / 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 $2,548 $204,500 $12,100 $192,400
2024 $2,548 $192,900 $12,100 $180,800
2023 $3,134 $235,800 $12,100 $223,700
2022 $2,948 $226,800 $12,100 $214,700
2021 $2,812 $177,500 $12,100 $165,400
2020 $2,716 $160,700 $12,100 $148,600
2019 $2,058 $158,300 $0 $0
2018 $2,224 $134,700 $0 $0
2017 $1,970 $146,300 $0 $0
2016 $1,824 $127,200 $0 $0
2015 $1,720 $0 $0 $0
2014 $1,372 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7016772

REALTOR® Association of Southern Minnesota

APN: 31.0777.000