Seller's Agent in 2024
Benjamin Hoffman
eHouse Realty, Inc
(612) 703-7215
144 Total Sales
509 1st St SW Hinckley, MN 55037
Estimated Value: $346,000 - $379,000
8
Beds
4
Baths
3,200
Sq Ft
$114/Sq Ft
Est. Value
Highlights
- No Interior Steps
- 1-Story Property
- Forced Air Heating System
About This Home
As of November 2024Updated side by side 4 unit property in convenient location! All 4 units rehabbed in 2024 with new HVAC in 2021. Updates include kitchens, bathrooms, patio doors (in 3 of the units), lighting, paint, floor coverings, etc. Each unit's single stall garages have been converted to a 2nd bedroom with room for storage behind the garage doors. Each unit has stackable washer & dryer, 3 of the 4 units currently occupied on month to month leases with all tenants paying on time and up to date on their rent. Tenants pay their own gas and electric.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,202
Year Built
- Built in 2002
Lot Details
- 0.38
Home Design
- Quadruplex
- Vinyl Siding
Interior Spaces
- 3,200 Sq Ft Home
- 1-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Accessible Home Design
- No Interior Steps
- Accessible Pathway
Additional Features
- Lot Dimensions are 158 x 104
- Forced Air Heating System
Community Details
- 4 Units
- Sunset Estates 2Nd Add Subdivision
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for grounds care, snow removal, trash collection
- Assessor Parcel Number 0405539000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2024
Closed on
Nov 27, 2024
Sold by
Fa Assets Inc
Bought by
Angeloni Nick
Seller's Agent
Benjamin Hoffman
eHouse Realty, Inc
Buyer's Agent
Melissa Jones
Century 21 Affiliated
List Price
$399,900
Sold Price
$365,000
Premium/Discount to List
-$34,900
-8.73%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,089
Avg. Annual Appreciation
-0.28%
Original Mortgage
$273,750
Outstanding Balance
$271,568
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$92,343
Purchase Details
Closed on
Jan 17, 2024
Sold by
Heikes Jenny
Bought by
Fa Assets Inc
Purchase Details
Closed on
Sep 10, 2019
Sold by
Heikes Sue
Bought by
Heikes Jenny
Purchase Details
Closed on
Jul 5, 2019
Sold by
Heikes James and Heikes Daryl C
Bought by
Heikes Jenny
Purchase Details
Closed on
Dec 22, 2005
Sold by
Heikes Daryl C and Heikes Sue
Bought by
Johnson Lonelliot
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
6.48%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Angeloni Nick | $365,000 | Watermark Title Agency | |
| Fa Assets Inc | $145,000 | None Listed On Document | |
| Heikes Jenny | -- | None Available | |
| Heikes Jenny | -- | None Available | |
| Johnson Lonelliot | $210,001 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Angeloni Nick | $273,750 | |
| Previous Owner | Johnson Lonelliot | $21,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $365,000 | -8.7% | $114 / Sq Ft |
| 11/18/2024 11/18/24 | Pending | -- | -- | -- |
| 10/10/2024 10/10/24 | For Sale | $399,900 | -- | $125 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,962 | $326,600 | $32,700 | $293,900 |
| 2024 | $3,946 | $273,600 | $27,400 | $246,200 |
| 2023 | $9,696 | $273,600 | $27,400 | $246,200 |
| 2022 | $8,320 | $236,900 | $23,700 | $213,200 |
| 2021 | $4,692 | $225,000 | $22,500 | $202,500 |
| 2020 | $3,952 | $219,000 | $21,900 | $197,100 |
| 2019 | $3,994 | $210,600 | $21,100 | $189,500 |
| 2018 | $3,890 | $210,600 | $21,100 | $189,500 |
| 2017 | $4,268 | $206,100 | $20,600 | $185,500 |
| 2016 | $4,050 | $230,800 | $46,200 | $184,600 |
| 2014 | $3,770 | $225,800 | $45,200 | $180,600 |
Source: Public Records
Agents Affiliated with this Home
-
Benjamin Hoffman
-
Melissa Jones
Buyer's Agent in 2024
Melissa Jones
Century 21 Affiliated
(715) 755-2664
437 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6615750
APN: 040.5539.000
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