NOT LISTED FOR SALE

507 2nd Ave SW Unit 507 Second Ave SW Mapleton, MN 56065

Estimated Value: $303,000 - $611,000

5 Beds
3.5 Baths
3,170 Sq Ft
$140/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $410,000 $129 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,993/month

10 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • Eat-In Kitchen
  • Vaulted Ceiling
  • 3 Car Attached Garage
  • Double Pane Windows

About This Home

As of August 2020

AMAZING! Absolutely pristine, like-new construction is what you will find as you step onto the wide concrete porch to enter this 5 bedroom, 3.5 bath rambler. From the front foyer, a large & welcoming open concept floor plan awaits. The gourmet kitchen features stainless appliances, granite countertops, walk-in pantry, custom cabinets, and large center island. With vaulted ceilings, the dining and living areas are full of natural light. Entering the house from the triple garage (insulated & heated), you will see a convenient mudroom; complete with storage lockers, cabinets, & sink; a separate 1/2 bath and additional closet before entering the main living space. In the other wing of the house, are the private living spaces; a gorgeous suite with walk-in closet, bath with deep soaking tub & separate shower; two bedrooms and a full bath. In the basement you will continue to be impressed with in-floor heat throughout, 2 more bedrooms, 3/4 bath, office, craft/workout room, laundry and utility room, PLUS a HUGE family room that can be zoned as a media room, game room, and entertaining space with wet bar/beverage fridge/kitchenette. In the professionally landscaped yard, 2 concrete patios and fire pit will provide hours of outdoor enjoyment. Bonus: a new shed (2019) with 9' roll up door, cabinets, and electric hook-up is ideal for additional storage needs. Throughout the house are granite countertops, cherry cabinets, solid wood doors (both levels!) and complete attention to detail!

Last Listed By

Tara Garbes

TRUE REAL ESTATE License #40206100 Listed on: 07/11/2020

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,264

Year Built

  • Built in 2016

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 128 x 187

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding
  • Passive Radon Mitigation

Interior Spaces

  • Open Floorplan
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Basement Window Egress

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Electric Water Heater
  • Water Softener is Owned

Additional Features

  • Wheelchair Access
  • Air Exchanger
  • Patio

Listing and Financial Details

  • Assessor Parcel Number R15.24.04.380.013

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,264

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Ada Features: Partially Wheelchair, Doors 36" plus
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Kitchen Center Island, Natural Woodwork, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups, Double Pane Windows (L), Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.55
  • Foundation Size: 1970
  • L V T Date: 07/11/2020
  • Mechanicals: Air to Air Exchange, Furnace Humidifier, Water Heater-Electric, Water Softener-Owned, Sump Pump, Circuit Breaker, Radon Mitigation-Passive
  • Parcel Number: R15.24.04.380.013
  • Price Per Square Foot: 109
  • Sold Price Per Sq Ft: 104
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 4264
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Bar, Informal Dining Room, Open Floor Plan
  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master, Separate Tub & Shower
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Kitchen, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 3: Living Room, On Level: Main
  • Room 4: Master Bedroom, On Level: Main
  • Room 5: Bedroom, On Level: Main
  • Room 6: Bedroom, On Level: Main
  • Room 7: On Level: Main
  • Room 8: Foyer, On Level: Main
  • Room 9: Bedroom, On Level: Basement
  • Room 10: Bedroom, On Level: Basement
  • Room 11: Den/Office, On Level: Basement
  • Room 12: Other, On Level: Basement
  • Room 13: Laundry Room, On Level: Basement
  • Room 14: Family Room, On Level: Basement
  • Basement Features: Egress Windows, Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1970
  • Below Grade Finished Sq Ft: 1200
  • Tot Above Grade Sq Ft: 1970
  • Total Fin Square Footage: 3170
  • Total Square Footage: 3940
  • Tot Below Grade Sq Ft: 1970

Exterior Features

  • Frontage Road: Curb/Gutters, City, Gravel, Paved
  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3
  • Garage Square Footage: 976

Utilities

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

Schools

  • School District: Maple River #2135

Lot Info

  • Estimated Lot Dimensions: 128 x 187

Building Info

  • Year Built: 2016

Tax Info

  • Year: 2020
  • Tax Value: 4264

MLS Schools

  • School District: Maple River #2135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Aug 28, 2020
Sold by
Sharkey Lindsey and Sharkey Torrey
Bought by
Hayes Tessa E and Hayes Justin A
Seller's Agent
Tara Garbes
TRUE REAL ESTATE
Buyer's Agent
Non Member
Non-Member
List Price
$429,500
Sold Price
$410,000
Premium/Discount to List
-$19,500
-4.54%
Total Days on Market
10
Current Estimated Value
$445,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,252
Avg. Annual Appreciation
1.78%
Original Mortgage
$312,000
Outstanding Balance
$281,244
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$164,008

Purchase Details

Listed on
Jul 11, 2020
Closed on
Jun 29, 2020
Sold by
Heins James E and Der Hagen Elizabeth
Bought by
Sharkey Torrey T and Sharkey Lindsey K
Seller's Agent
Tara Garbes
TRUE REAL ESTATE
Buyer's Agent
Non Member
Non-Member
List Price
$429,500
Sold Price
$410,000
Premium/Discount to List
-$19,500
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$281,244
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$164,008

Purchase Details

Closed on
Dec 23, 2015
Sold by
Mapleton City
Bought by
Sharkey Lindsey

Purchase Details

Closed on
Feb 7, 2013
Sold by
Caron Larry A and Caron Rita A
Bought by
City Of Mapleton

Range of Values:

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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
Hayes Tessa E $410,000 Stewart Title
Sharkey Torrey T $551,000 None Available
Sharkey Lindsey $10,000 --
City Of Mapleton -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Tessa E $312,000
Previous Owner Sharkey Torrey T $15,100
Previous Owner Sharkey Torrey T $231,365
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $410,000 -4.5% $129 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $429,500 -- $135 / 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 $6,140 $415,500 $23,300 $392,200
2023 $5,742 $411,300 $23,300 $388,000
2022 $6,120 $368,600 $23,300 $345,300
2021 $5,370 $341,600 $23,300 $318,300
2020 $4,264 $286,800 $23,300 $263,500
2019 $3,918 $286,800 $23,300 $263,500
2018 $2,316 $261,600 $23,300 $238,300
2017 $236 $162,800 $23,300 $139,500
2016 $1,584 $14,000 $14,000 $0
2015 $1,584 $14,000 $14,000 $0
2014 $1,584 $17,500 $17,500 $0
Source: Public Records

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Source: REALTOR® Association of Southern Minnesota

MLS Number: 7024658

REALTOR® Association of Southern Minnesota

APN: R15-24-04-380-013