NOT LISTED FOR SALE

508 1st St SW Hinckley, MN 55037

Estimated Value: $236,000 - $276,000

2 Beds
1 Bath
1,094 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 03, 2023

Last sale price $255,000 $233 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,625/month

62 Days on Market

Highlights

  • No HOA
  • Living Room
  • Dining Room
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2023

Nestled in a quiet cul-de-sac, this 2 bedroom, 1 bathroom home is the perfect place to call home. Step inside to an open concept kitchen and dining room, featuring modern appliances, ample cabinet space, and a convenient breakfast bar. The sliding glass door in the dining room provides access to the backyard, perfect for entertaining. Upstairs, you'll find the living room and two spacious bedrooms. Both bedrooms upstairs boast a large walk-in closet. The bathroom is conveniently located on the same level (off the main bedroom), featuring a full-sized tub and shower. The unfinished basement is ready for your personal touch, with plumbing already installed for a future bathroom. This space offers plenty of storage and can be transformed into a recreation room, home theater, or a third bedroom. Other features of this home include a new roof in 2022, a double car garage, and a freshly painted porch. Close to I-35 & all amenities.

Last Agent to Sell the Property

Alexis Hamalainen

Local Realty Inc. Listed on: 05/19/2023

Last Buyer's Agent

Alexis Hamalainen

Local Realty Inc. Listed on: 05/19/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,934

Year Built

  • Built in 2003

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 100'x140'
  • Few Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home

Interior Spaces

  • 1,094 Sq Ft Home
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Drain

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Sunset Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 405532000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,934

Year Built

Built in 2003

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: 2003
  • Above Grade Finished Sq Ft: 1094
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Partial
  • Appliances: Exhaust Fan
  • Living Area: 1094
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • SqFtTotal: 2188.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Block

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 400
  • ParkingOpen: 4

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Porch

Schools

  • Junior High Dist: Hinckley-Finlayson
  • SchoolDistrictNumber: 2165
  • SchoolDistrictPhone: 320-384-6277

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 100'x140'
  • Lot Size Sq Ft: 14374.8
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 405532000
  • Tax Annual Amount: 1934
  • TaxWithAssessments: 1944.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Aug 10, 2023
Sold by
Johnson Linda S
Bought by
Schwartz Jake Thomas
Seller's Agent
Alexis Hamalainen
Local Realty Inc.
Buyer's Agent
Alexis Hamalainen
Local Realty Inc.
List Price
$274,900
Sold Price
$255,000
Premium/Discount to List
-$19,900
-7.24%
Views
120
Current Estimated Value
$257,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,111
Avg. Annual Appreciation
-0.57%
Original Mortgage
$204,000
Outstanding Balance
$200,265
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$52,017

Purchase Details

Closed on
Jun 10, 2008
Sold by
Lasalle Bank
Bought by
Johnson Linda S
Source: Public Records

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Range of Values:

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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
Schwartz Jake Thomas $255,000 None Listed On Document
Johnson Linda S $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Jake Thomas $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2023 08/03/23 Sold $255,000 -5.2% $233 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
06/08/2023 06/08/23 Price Changed $269,000 -3.9% $246 / Sq Ft
05/20/2023 05/20/23 Price Changed $279,900 +1.8% $256 / Sq Ft
05/20/2023 05/20/23 For Sale $274,900 -- $251 / 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
2024 $2,310 $222,900 $24,800 $198,100
2023 $1,944 $196,700 $27,800 $168,900
2022 $1,858 $178,000 $22,400 $155,600
2021 $1,784 $150,300 $19,400 $130,900
2020 $1,772 $141,200 $19,400 $121,800
2019 $1,678 $137,900 $19,400 $118,500
2018 $1,508 $131,300 $19,000 $112,300
2017 $1,436 $121,700 $15,300 $106,400
2016 $1,150 $119,100 $15,300 $103,800
2014 $1,058 $77,100 $11,245 $65,855
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6368507

NorthstarMLS

APN: 040.5532.000