NOT LISTED FOR SALE

507 5th St NE Hayfield, MN 55940

Estimated Value: $233,000 - $310,000

3 Beds
1 Bath
1,652 Sq Ft
$159/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $241,000 $146 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,694/month

4 Days on Market

Highlights

  • Deck
  • No HOA
  • Living Room
  • Corner Lot
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of August 2023

Welcome to 507 Fifth St. NE., Hayfield, MN!Nestled in a peaceful neighborhood, this charming 3-bedroom, 1-bathroom home presents the perfect opportunity for comfortable living. With its inviting curb appeal and convenient location, this property offers a desirable blend of functionality and style, making it an ideal place to call home.Upon entering, you'll be greeted by a spacious and light-filled living area, where large windows provide an abundance of natural light. The layout seamlessly connects the living, dining, and kitchen areas, promoting a warm and welcoming atmosphere perfect for entertaining family and friends.The kitchen is a chef's dream, boasting modern appliances, ample counter space, and plenty of storage cabinets to accommodate all your culinary needs.Step outside onto the deck and immerse yourself in the tranquility of the outdoors. This backyard oasis offers a generous space for relaxation, gardening, or hosting!

Last Agent to Sell the Property

Kristina Emerson

Dwell Realty Group LLC Listed on: 07/14/2023

Last Buyer's Agent

Brady Stevens

Realty Plus LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,976

Year Built

  • Built in 1978

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 91x105
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Flex

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Basement Window Egress

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Rouhoffs 2Nd Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 235520010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,976

Year Built

Built in 1978

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: 1978
  • Above Grade Finished Sq Ft: 1104
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 24x38
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full, Storage Space
  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Living Area: 1652
  • Fireplace: No
  • Below Grade Finished Sq Ft: 548
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Bedroom 2, Bedroom 3, Deck, Laundry, Living Room, Family Room, Flex Room
  • SqFtTotal: 1844.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Heated Garage
  • Garage Square Feet: 720

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Washer/Dryer Hookup

Schools

  • Junior High Dist: Hayfield
  • SchoolDistrictNumber: 203
  • SchoolDistrictPhone: 507-477-3235

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 91x105
  • Lot Size Sq Ft: 9583.2
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Medium
  • 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: 235520010
  • Tax Annual Amount: 2976
  • TaxWithAssessments: 2976.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 25, 2023
Sold by
Boyd Jesse and Boyd Kathlene
Bought by
Foster Jessica and Rutledge Cameron
Seller's Agent
Kristina Emerson
Dwell Realty Group LLC
Buyer's Agent
Brady Stevens
Realty Plus LLC
List Price
$229,900
Sold Price
$241,000
Premium/Discount to List
$11,100
4.83%
Views
18
Current Estimated Value
$263,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,270
Avg. Annual Appreciation
-0.33%
Original Mortgage
$222,788
Outstanding Balance
$218,482
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$20,910

Purchase Details

Closed on
Oct 3, 2016
Sold by
Jarrod Drew and Jarrod Erin M
Bought by
Boyd Jesse E and Boyd Kathlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2009
Sold by
Hoffmeyer Drew J and Hoffmeyer Erin M
Bought by
Jarrod Drew and Jarrod Erin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,358
Interest Rate
5.11%
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
Foster Jessica $241,000 --
Boyd Jesse E $142,000 Atypical Title Inc
Jarrod Drew -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Jessica $222,788
Previous Owner Boyd Jesse E $142,400
Previous Owner Jarrod Erin M $89,440
Previous Owner Hoffmeyer Drew J $96,358
Previous Owner Hoffmeyer Erin M $48,600
Previous Owner Hoffmeyer Drew J $97,958
Previous Owner Hoffmeyer Drew $15,000
Previous Owner Hoffmeyer Drew J $87,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $241,000 +4.8% $146 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $229,900 -- $139 / 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 $3,144 $242,700 $20,900 $221,800
2024 $3,002 $225,900 $20,900 $205,000
2023 $2,976 $207,700 $20,900 $186,800
2022 $2,866 $208,100 $20,900 $187,200
2021 $2,688 $177,300 $20,900 $156,400
2020 $2,538 $165,500 $20,900 $144,600
2019 $2,360 $146,700 $20,900 $125,800
2018 $1,954 $137,200 $20,900 $116,300
2017 $1,714 $114,600 $20,900 $93,700
2016 $1,468 $112,000 $20,900 $91,100
2015 $1,442 $105,400 $20,900 $84,500
2014 $1,370 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6402263

NorthstarMLS

APN: 23.552.0010