NOT LISTED FOR SALE

505 E Jay St Elmore, MN 56027

Estimated Value: $58,000 - $68,000

3 Beds
1 Bath
1,086 Sq Ft
$57/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $45,500 $42 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $465/month

54 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Eat-In Kitchen
  • Wood Flooring
  • 2 Car Detached Garage
  • Double Pane Windows

About This Home

As of October 2021

Neat and clean 3 bedroom, single story home with a double detached garage. The spacious living room has new flooring, hardwood floors in the formal dining room, and the eat in kitchen has lots of cupboards with a pantry unit as well. 3 bedrooms with hardwood floors and a 3/4 bath with walk in shower. Main floor washer and dryer hookups. The property has been well maintained over the years, 2014 central air, furnace in 2009, 2005 double pane, double hung windows, and exterior doors, siding and seamless gutters. Don't wait, call for your appointment today!

Last Agent to Sell the Property

LAURIE OELKE

OLSON NELSON REALTY Listed on: 07/15/2021

Last Buyer's Agent

LAURIE OELKE

OLSON NELSON REALTY Listed on: 07/15/2021

Home Details

Home Type

  • Single Family

Year Built

  • 1948

Lot Details

  • 7,405

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,086 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Formal Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Block Basement Construction
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Water Softener is Owned
  • Fuel Tank

Additional Features

  • Deck
  • 7,405 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 25.205.0290

Home Details

Home Type

Single Family

Year Built

1948

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Washer/Dryer Hookups, Double Pane Windows (L), Window Coverings (L)
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 0.17
  • Foundation Size: 536
  • L V T Date: 07/15/2021
  • Mechanicals: Fuel Tank-Rented, Water Heater-Electric, Water Softener-Owned, Sump Pump, Circuit Breaker
  • Parcel Number: 25.205.0290
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Microwave
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 3/4 Bath
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 17x12, On Level: Main
  • Room 2: Dining Room, 15x11.4, On Level: Main
  • Room 3: Kitchen, 14.2x9, On Level: Main
  • Room 4: Bedroom, 11.10x8, On Level: Main
  • Room 5: Bedroom, 11.6x8.3, On Level: Main
  • Room 6: Bedroom, 11.8x9.1, On Level: Main
  • Basement Features: Sump Pump, Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space, Partial
  • Finished Above Grade Sq Ft: 1086
  • Tot Above Grade Sq Ft: 1086
  • Total Fin Square Footage: 1086
  • Total Square Footage: 1622
  • Tot Below Grade Sq Ft: 536

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Rented
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 54.8 x 125+ 9.4 x 62.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Oct 14, 2021
Sold by
Casulla Alma B
Bought by
Wood Keith and Wood Iracema
Seller's Agent
LAURIE OELKE
OLSON NELSON REALTY
Buyer's Agent
LAURIE OELKE
OLSON NELSON REALTY
List Price
$47,000
Sold Price
$45,500
Premium/Discount to List
-$1,500
-3.19%
Current Estimated Value
$61,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,316
Avg. Annual Appreciation
7.57%
Original Mortgage
$34,125
Outstanding Balance
$31,119
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$30,697

Purchase Details

Listed on
May 15, 2018
Closed on
May 21, 2020
Sold by
Bishop James L and Bishop Charlotte A
Bought by
Casulla Alma B
Seller's Agent
Ken Skaare
OLSON NELSON REALTY
Buyer's Agent
Ken Skaare
OLSON NELSON REALTY
List Price
$38,000
Sold Price
$28,000
Premium/Discount to List
-$10,000
-26.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.45%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wood Keith $45,500 None Available
Casulla Alma B $28,000 Minnesota River Valley Ttl &
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Keith $34,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2021 10/14/21 Sold $45,500 -3.2% $42 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $47,000 0.0% $43 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $47,000 +67.9% $43 / Sq Ft
05/21/2020 05/21/20 Sold $28,000 -6.4% $26 / Sq Ft View Prior Sale
03/03/2020 03/03/20 Price Changed $29,900 -14.6% $28 / Sq Ft
12/09/2019 12/09/19 Price Changed $35,000 -7.9% $32 / Sq Ft
12/06/2019 12/06/19 For Sale $38,000 +35.7% $35 / Sq Ft
10/02/2019 10/02/19 Off Market $28,000 -- --
08/12/2019 08/12/19 Price Changed $38,000 -5.0% $35 / Sq Ft
04/12/2019 04/12/19 For Sale $40,000 +42.9% $37 / Sq Ft
03/25/2019 03/25/19 Off Market $28,000 -- --
10/02/2018 10/02/18 Price Changed $40,000 -15.8% $37 / Sq Ft
09/25/2018 09/25/18 For Sale $47,500 +69.6% $44 / Sq Ft
09/17/2018 09/17/18 Off Market $28,000 -- --
08/28/2018 08/28/18 For Sale $47,500 +69.6% $44 / Sq Ft
07/11/2018 07/11/18 Off Market $28,000 -- --
05/15/2018 05/15/18 For Sale $47,500 -- $44 / 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 $1,684 $56,200 $6,700 $49,500
2024 $1,810 $45,200 $4,300 $40,900
2023 $1,040 $48,000 $2,000 $46,000
2022 $920 $32,800 $1,000 $31,800
2021 $830 $27,000 $2,000 $25,000
2020 $1,300 $27,000 $2,000 $25,000
2019 $1,350 $27,100 $2,000 $25,100
2018 $1,206 $24,600 $800 $23,800
2017 $1,196 $23,500 $800 $22,700
2015 $1,022 $27,500 $800 $26,700
2013 -- $35,100 $800 $34,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7027588

REALTOR® Association of Southern Minnesota

APN: 25.205.0290