NOT LISTED FOR SALE

5131 450th Ave Frost, MN 56033

Estimated Value: $228,000 - $282,000

4 Beds
1.5 Baths
2,192 Sq Ft
$121/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $276,000 $126 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,517/month

13 Days on Market

Highlights

  • Multiple Garages
  • Mud Room
  • Breakfast Area or Nook
  • Sun or Florida Room
  • No HOA
  • Porch

About This Home

As of April 2024

Are you looking to add some peace & quiet to your life? This acreage is just what you need. Nestled on nearly 7 acres of moderately wooded land you'll find a quaint 4-bedroom home with a 3-season porch that's perfect for watching the pheasants and deer as they pass by. This home features a convenient mud room as you enter from your insulated attached garage or from your spacious patio and deck, a sunny breakfast nook off the kitchen, main floor laundry, a main floor bedroom that is currently being used as a playroom, new water softener and iron filter, refreshed paint throughout, and three bedrooms all on one level. The huge machine shed will hold all the toys you have (or are sure to accumulate), and the additional workshop, granary, dog kennel, and storage shed provide even more room to grow. Centrally located between Mankato, Fairmont, Mason City, & Albert Lea. This location is a delight for regional access. Start living your dream today!

Last Agent to Sell the Property

Peggy Young

Sterling Real Estate Listed on: 02/15/2024

Last Buyer's Agent

Allison Benish

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,312

Year Built

  • Built in 1930

Lot Details

  • 6.8

Parking

  • 2 Car Attached Garage
  • Multiple Garages
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,192 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Block Basement Construction
  • Stone or Rock in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Water Source
  • Well
  • Septic System

Additional Features

  • Porch
  • 6.8 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 160080501

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,312

Year Built

Built in 1930

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: Private, Well
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 2192
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Stone/Rock
  • Living Area: 2192
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Dining Room, Bedroom 1, Mud Room, Three Season Porch, Sun Room, Bathroom, Bedroom 2, Bedroom 3, Bedroom 4, Other Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Other Structures: Additional Garage, Granary, Shed(s), Storage Shed
  • PatioPorchType: Covered,Deck,Enclosed,Porch

Garage/Parking

  • Parking Features: Attached Garage, Gravel, Concrete, Electric, Garage Door Opener, Multiple Garages

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Septic System Compliant - Yes
  • Electric: Circuit Breakers
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Blue Earth Area Schools
  • SchoolDistrictPhone: 507-526-3188

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 6.8
  • Lot Size Sq Ft: 296208
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 160080501
  • Tax Annual Amount: 1312
  • TaxWithAssessments: 1312.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 1, 2024
Sold by
Hougen Blaine
Bought by
Walters Neil and Walters Amanda
Seller's Agent
Peggy Young
Sterling Real Estate
Buyer's Agent
Allison Benish
Edina Realty, Inc.
List Price
$275,000
Sold Price
$276,000
Premium/Discount to List
$1,000
0.36%
Views
52
Current Estimated Value
$264,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,097
Avg. Annual Appreciation
-2.23%
Original Mortgage
$273,200
Outstanding Balance
$269,032
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
-$4,129

Purchase Details

Closed on
Mar 12, 2021
Sold by
Olsen Brandyn D
Bought by
Hougen Blaine and Hougen Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2017
Sold by
Varnis Terri L and Varnis Terri
Bought by
Olsen Brandyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,800
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2014
Sold by
Harison Robert J
Bought by
Varnis Richard E and Vernis Terri L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Purchase History

Date Buyer Sale Price Title Company
Walters Neil $276,000 --
Hougen Blaine $155,000 Compeer Title Services
Olsen Brandyn D $141,000 None Available
Varnis Richard E $3,600 None Available
Hougen Blaine Blaine $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walters Neil $273,200
Previous Owner Hougen Blaine $147,250
Previous Owner Olsen Brandyn D $112,800
Closed Hougen Blaine Blaine $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2024 04/01/24 Sold $276,000 +0.4% $126 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $275,000 -- $125 / Sq Ft
Source: NorthstarMLS

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 $1,652 $267,200 $67,700 $199,500
2024 $1,336 $244,500 $67,700 $176,800
2023 $1,312 $178,300 $46,400 $131,900
2022 $1,142 $160,600 $46,400 $114,200
2021 $1,022 $146,300 $41,400 $104,900
2020 $798 $136,600 $41,400 $95,200
2019 $746 $130,000 $41,400 $88,600
2018 $728 $120,500 $41,400 $79,100
2017 $568 $116,900 $41,400 $75,500
2015 $564 $94,900 $41,400 $53,500
2013 -- $106,500 $37,900 $68,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6490403

NorthstarMLS

APN: 16.008.0501