516 2nd St S Montrose, MN 55363
Estimated Value: $337,255 - $345,000
4
Beds
3
Baths
2,004
Sq Ft
$170/Sq Ft
Est. Value
About This Home
This home is located at 516 2nd St S, Montrose, MN 55363 and is currently estimated at $341,064, approximately $170 per square foot. 516 2nd St S is a home located in Wright County with nearby schools including Montrose Elementary School, Buffalo Community Middle School, and Buffalo Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 4, 2015
Sold by
Gierke James James
Bought by
Hanson Andrea Andrea
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,576
Outstanding Balance
$144,143
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$196,921
Purchase Details
Closed on
Jan 30, 2004
Sold by
Backes Co Inc
Bought by
Homes Plus Designers/Builders Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hanson Andrea Andrea | $189,000 | -- | |
| Hanson Andrea V | $189,000 | Cambria Title | |
| Homes Plus Designers/Builders Inc | $39,900 | -- | |
| Gierke Sarah K | $188,257 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hanson Andrea V | $185,576 | |
| Closed | Hanson Andrea Andrea | $185,809 |
Source: Public Records
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 | $3,690 | $311,400 | $48,000 | $263,400 |
| 2024 | $3,812 | $299,200 | $47,000 | $252,200 |
| 2023 | $3,650 | $335,500 | $77,000 | $258,500 |
| 2022 | $3,492 | $297,200 | $69,000 | $228,200 |
| 2021 | $3,392 | $247,700 | $35,000 | $212,700 |
| 2020 | $3,370 | $236,000 | $30,000 | $206,000 |
| 2019 | $2,986 | $230,300 | $0 | $0 |
| 2018 | $2,690 | $194,900 | $0 | $0 |
| 2017 | $2,468 | $176,500 | $0 | $0 |
| 2016 | $2,344 | $0 | $0 | $0 |
| 2015 | $2,296 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Map
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