504 Buchanan St Unit 506 Red Wing, MN 55066
Highlights
- Corner Lot
- Forced Air Heating System
- Wood Siding
About This Home
As of June 2020Low interest means high investment. Invest in this 4 unit apartment, 1 bedroom in each unit. Great location close to schools, grocery store, parks. Extra lot included. Parking spots in back of apartment. Needs some TLC but has had the same renters for years. Units are rented on a month to month basis.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,878
Year Built
- Built in 1890
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 90x121
- Corner Lot
Parking
- Uncovered Parking
Home Design
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 2,764 Sq Ft Home
- 2-Story Property
- Partial Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Forced Air Heating System
- 100 Amp Service
Community Details
- 4 Units
- E&R B 11 W Ext Swen Subdivision
Listing and Financial Details
- Tenant pays for electric, fuel
- Assessor Parcel Number 551600080
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $199,500 | Knight Barry Ttl United Llc | |
| Contract Of Sale | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $50,000 | Construction | |
| Closed | $156,000 | Commercial |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2020 06/30/20 | Sold | $199,500 | -5.0% | $72 / Sq Ft |
| 06/12/2020 06/12/20 | Pending | -- | -- | -- |
| 05/26/2020 05/26/20 | For Sale | $209,900 | -- | $76 / Sq Ft |
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 | -- | $245,900 | $60,800 | $185,100 |
| 2023 | $3,372 | $225,700 | $60,800 | $164,900 |
| 2022 | $3,030 | $205,200 | $54,700 | $150,500 |
| 2021 | $2,816 | $167,200 | $54,700 | $112,500 |
| 2020 | $3,014 | $157,900 | $54,700 | $103,200 |
| 2019 | $2,878 | $157,900 | $54,700 | $103,200 |
| 2018 | $2,754 | $152,500 | $54,700 | $97,800 |
| 2017 | $2,720 | $152,500 | $54,700 | $97,800 |
| 2016 | $2,470 | $152,500 | $54,700 | $97,800 |
| 2015 | $2,484 | $145,000 | $54,700 | $90,300 |
| 2014 | -- | $145,000 | $54,700 | $90,300 |
Source: NorthstarMLS
MLS Number: NST5572540
APN: 55.160.0080
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