NOT LISTED FOR SALE

505 3rd St Lyle, MN 55953

Estimated Value: $141,000 - $183,000

3 Beds
1.5 Baths
1,723 Sq Ft
$97/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $45,000 $26 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $1,020/month

240 Days on Market

About This Home

As of August 2014

Move in ready 2 story with over sized garage and storage shed. Master bedroom has private master bathroom and 2nd floor deck. Home has a front porch and main floor laundry.

Last Agent to Sell the Property

Brian Rossow

Property Brokers of Minnesota, Inc. Listed on: 11/25/2013

Last Buyer's Agent

Tony Robertson

Property Brokers of Minnesota, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,506

Year Built

  • 1888

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 60 x 170

Parking

  • 2 Car Garage

Home Design

  • 1,723 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Partial Basement
  • Stone or Rock in Basement

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 270010070

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,506

Year Built

1888

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.23
  • Parcel Number: 270010070
  • Property Adjoins Public Land: Yes
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 1308
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1888

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: On Level: Second Floor
  • Room 2: On Level: Second Floor
  • Room 3: On Level: Second Floor
  • Room 5: On Level: Main
  • Room 9: On Level: Main
  • Room 12: On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Rock
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1723
  • Total Fin Square Footage: 1723
  • Total Square Footage: 2619

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Lyle #497

Lot Info

  • Estimated Lot Dimensions: 60 x 170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2017
Sold by
Hertel Seth
Bought by
Felten Chance J
Current Estimated Value
$167,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,514
Outstanding Balance
$68,167
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$84,246

Purchase Details

Listed on
Nov 25, 2013
Closed on
Aug 28, 2014
Sold by
Mennesota Hsng Finance Agency
Bought by
Hertel Seth
Seller's Agent
Brian Rossow
Property Brokers of Minnesota, Inc.
Buyer's Agent
Tony Robertson
Property Brokers of Minnesota, Inc.
List Price
$64,900
Sold Price
$45,000
Premium/Discount to List
-$19,900
-30.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Original Mortgage
$36,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2013
Sold by
Mathews David L and Camacho Charleen
Bought by
Minnesota Housing Finance Agency

Purchase Details

Closed on
Jan 25, 2007
Sold by
Hefling Lonna and Hefling Ryan
Bought by
Mathews David L and Camacho Charleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2005
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hefling Lonna and Hefling Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.64%
Mortgage Type
New Conventional
Source: Public Records

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
Felten Chance J $82,000 --
Hertel Seth $45,000 --
Minnesota Housing Finance Agency $51,000 None Available
Mathews David L $89,000 None Available
Hefling Lonna -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felten Chance J $80,514
Previous Owner Hertel Seth $36,000
Previous Owner Mathews David L $89,000
Previous Owner Hefling Lonna $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $45,000 -30.7% $26 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $64,900 -- $38 / 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
2024 $1,506 $137,200 $20,000 $117,200
2023 $1,748 $132,300 $20,000 $112,300
2022 $1,276 $129,500 $20,000 $109,500
2021 $960 $91,200 $9,700 $81,500
2020 $1,070 $71,700 $9,700 $62,000
2018 $273 $74,000 $9,700 $64,300
2017 $546 $0 $0 $0
2016 $460 $0 $0 $0
2015 $1,176 $0 $0 $0
2012 $1,176 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4563632

REALTOR® Association of Southern Minnesota

APN: 27-001-0070