NOT LISTED FOR SALE

506 E River St Monticello, MN 55362

Estimated Value: $326,000 - $361,000

3 Beds
2.5 Baths
1,638 Sq Ft
$208/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $325,000 $198 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,041/month

54 Days on Market

Highlights

  • Loft
  • No HOA
  • Forced Air Heating and Cooling System
  • Pinewood Elementary School Rated A-
  • Living Room
  • Water Softener is Owned

About This Home

As of September 2023

Quaint and comfortable renovated home located across the street from the Mississippi River and between two beautiful City parks. If you're looking for a private quiet backyard, this setting is perfect for you. Stoke up a bonfire in the pit and relax on the stone seating area. The perennials will soon be in full bloom and the landscape has been meticulously maintained. The layout of the interior is versatile with rooms that can accommodate your needs. Most of the home is either new or remodeled since 2005. The kitchen features birch cabinetry and quartz countertops with an undermount sink that overlooks the backyard. The home features a generous size living and dining room if you're looking to entertain. The basement can be finished into additional living space and has a completed half bathroom. An oversized double garage boasts attic storage trusses to tuck away seasonal items. Completely maintenance free exterior with an inground watering system to keep the landscape looking good.

Last Agent to Sell the Property

Kris Schwickerath

Central MN Realty LLC Listed on: 05/19/2023

Central MN Realty LLC

Co-Listed By

Stefanie Spillum

Central MN Realty LLC

Last Buyer's Agent

Nick Hillyard

Homefield Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,632

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66x165
  • Partially Fenced Property
  • Wood Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,638 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Loft

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Block Basement Construction

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Boiler Heating System
  • 200+ Amp Service
  • Water Filtration System
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Lower Monticello Subdivision

Listing and Financial Details

  • Assessor Parcel Number 155015003120

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,632

Year Built

Built in 1954

Lot Details

0

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: 1954
  • Above Grade Finished Sq Ft: 1638
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Partial
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Water Filtration System, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1638
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Loft

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Partial, Wood
  • PatioPorchType: Awning(s),Deck

Garage/Parking

  • Parking Features: Detached, Concrete, Electric, Garage Door Opener

Utilities

  • Heating: Baseboard, Boiler, Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Monticello
  • SchoolDistrictPhone: 763-272-2000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 66x165
  • Lot Size Sq Ft: 10977.12
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 155015003120
  • Tax Annual Amount: 2632
  • TaxWithAssessments: 2632.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Sep 13, 2023
Sold by
Hatfield Bradley and Hatfield Marvel
Bought by
Eichmann Connor
Seller's Agent
Kris Schwickerath
Central MN Realty LLC
Buyer's Agent
Nick Hillyard
Homefield Realty
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Views
266
Current Estimated Value
$340,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,082
Avg. Annual Appreciation
2.00%
Original Mortgage
$303,000
Outstanding Balance
$295,624
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$44,458

Purchase Details

Closed on
Aug 15, 2005
Sold by
Dolly Trenten T
Bought by
Hatfield Bradley K and Hatfield Marvel E

Purchase Details

Closed on
Mar 21, 2005
Sold by
Kilian Craig S
Bought by
Dolly Trent T
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
Eichmann Connor $325,000 --
Hatfield Bradley K $144,000 --
Dolly Trent T $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eichmann Connor $303,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2023 09/13/23 Sold $325,000 +3.2% $198 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
05/21/2023 05/21/23 Price Changed $315,000 -10.0% $192 / Sq Ft
05/19/2023 05/19/23 For Sale $350,000 -- $214 / Sq Ft
Source: NorthstarMLS

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 $3,102 $324,300 $90,000 $234,300
2024 $2,862 $309,800 $85,000 $224,800
2023 $2,626 $293,000 $85,000 $208,000
2022 $2,050 $260,000 $85,000 $175,000
2021 $1,870 $195,100 $50,000 $145,100
2020 $1,832 $179,700 $50,000 $129,700
2019 $1,840 $175,600 $0 $0
2018 $1,582 $151,200 $0 $0
2017 $1,486 $140,100 $0 $0
2016 $1,382 $0 $0 $0
2015 $1,264 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6373278

NorthstarMLS

APN: 155-015-003120