$248,000
SOLD FEB 23, 2026

505 E Farmer St Spring Valley, MN 55975

3 Beds
1.5 Baths
1,738 Sq Ft
1.98 Acres Lot

Sale Details

Date Sold: February 23, 2026

$143 Per Sq Ft

14% Below List Price

136 on Market

Highlights

  • Multiple Garages
  • No HOA
  • 2 Car Detached Garage
  • Deck
  • The kitchen features windows
  • Parking Storage or Cabinetry

About This Home

As of February 2026

3 bedroom, 2 bathroom. Very well cared for and maintained home. Featuring hardwood floors, paneled, doors, walk-in closet off master bedroom, central A/C, deck, privacy fence, two car detached garage plus 2 car storage shed. Huge 1.98 acre lot!

Last Agent to Sell the Property

Matthew Fowler

Fowler Realty Listed on: 09/11/2025

Last Buyer's Agent

Craig Prescher

Jewson Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,384

Year Built

  • Built in 1941

Lot Details

  • Lot Dimensions are 89' x 857'
  • Wood Fence
  • Few Trees

Parking

  • 2 Car Detached Garage
  • Multiple Garages
  • Parking Storage or Cabinetry

Home Design

  • Frame Construction

Interior Spaces

  • 1,738 Sq Ft Home
  • 1.5-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement
  • Basement Storage

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 360026010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,384

Year Built

Built in 1941

Lot Details

1.98 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1941
  • Above Grade Finished Sq Ft: 1738
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished, Storage Space, Sump Pump
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1738
  • Fireplace: No
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: Wood
  • Other Structures: Garage(s), Storage Shed
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached Garage, Gravel, Multiple Garages, Storage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: In Basement, Electric Dryer Hookup, Washer Hookup
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck, Hardwood Floors, Kitchen Window, Primary Bedroom Walk-In Closet, Paneled Doors, Washer/Dryer Hookup

Schools

  • Junior High Dist: Kingsland
  • SchoolDistrictPhone: 5073467276

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 89' x 857'
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 360026010
  • Tax Annual Amount: 2384
  • TaxWithAssessments: 2384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2025
Closed on
Feb 23, 2026
Sold by
Wendt Larry and Wendt Sherry A
Bought by
Powers Dominic and Powers Cheyenne M
Seller's Agent
Matthew Fowler
Fowler Realty
Buyer's Agent
Craig Prescher
Jewson Realty
List Price
$290,000
Sold Price
$248,000
Premium/Discount to List
-$42,000
-14.48%
Views
141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.39%
Original Mortgage
$235,600
Outstanding Balance
$235,368
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$8,111
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $248,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $235,600 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2026 02/23/26 Sold $248,000 -0.8% $143 / Sq Ft
01/25/2026 01/25/26 Pending -- -- --
01/10/2026 01/10/26 Price Changed $249,900 -3.8% $144 / Sq Ft
11/11/2025 11/11/25 Price Changed $259,900 -3.7% $150 / Sq Ft
10/13/2025 10/13/25 Price Changed $270,000 -3.6% $155 / Sq Ft
09/25/2025 09/25/25 Price Changed $280,000 -3.4% $161 / Sq Ft
09/11/2025 09/11/25 For Sale $290,000 -- $167 / Sq Ft
Source: NorthstarMLS

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 $2,394 $184,100 $45,000 $139,100
2024 $2,384 $166,000 $45,000 $121,000
2023 $1,640 $166,000 $45,000 $121,000
2022 $1,640 $153,400 $45,000 $108,400
2021 $1,640 $113,300 $37,400 $75,900
2020 $1,624 $113,300 $37,400 $75,900
2019 $1,344 $102,700 $37,400 $65,300
2018 $1,126 $102,700 $37,400 $65,300
2017 -- $92,900 $37,400 $55,500
2016 $1,378 $91,200 $37,400 $53,800
2015 $1,328 $81,900 $28,024 $53,876
2014 $1,328 $75,400 $27,299 $48,101
2013 $1,328 $78,400 $27,636 $50,764
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6788139

NorthstarMLS

APN: 36.0026.010

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