NOT LISTED FOR SALE

516 516 Se Summit St Sleepy Eye, MN 56085

Estimated Value: $161,000 - $202,000

3 Beds
1 Bath
1,460 Sq Ft
$123/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $167,000 $114 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,098/month

6 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Fenced Yard
  • Bathroom on Main Level
  • 4-minute walk to Burnside Park

About This Home

As of October 2023

Nice 3 bedroom rambler with open floor plan. Located on the SE edge of town and just a few blocks to the water park. Large lot with detached 2 stall garage. New kitchen and modern decor. Fenced yard and ample storage

Last Agent to Sell the Property

Joyce Krenz

BOCO REAL ESTATE INC. License #20042535 Listed on: 09/20/2023

Last Buyer's Agent

Elizabeth Greiner

TRUE REAL ESTATE License #40730138

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,244

Year Built

  • Built in 1958

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Fenced Yard

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • Ceiling Fan
  • Window Treatments

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00276000102020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,244

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Ceiling Fans, Garage Door Opener, Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Fenced Yard - Full
  • Estimated Number of Acres: 0.2
  • Foundation Size: 960
  • L V T Date: 09/20/2023
  • Mechanicals: Sump Pump
  • Parcel Number: 00276000102020
  • Price Per Square Foot: 84
  • Projected Closed Date: 10/31/2023
  • Sold Price Per Sq Ft: 87
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 1244
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 15x11, On Level: Main
  • Room 3: Kitchen, 14x20, On Level: Main
  • Room 4: Bedroom, 14x11, On Level: Main
  • Room 5: Bedroom, 12x9, On Level: Main
  • Room 6: Bedroom, 14x11, On Level: Lower
  • Room 7: 23x11, On Level: Lower
  • Basement Features: Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 960
  • Below Grade Finished Sq Ft: 500
  • Tot Above Grade Sq Ft: 960
  • Total Fin Square Footage: 1460
  • Total Square Footage: 1920
  • Tot Below Grade Sq Ft: 960

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Fiber Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Sleepy Eye #84

Lot Info

  • Estimated Lot Dimensions: 50x140

Building Info

  • Year Built: 1958

Tax Info

  • Year: 2023
  • Tax Value: 1244

MLS Schools

  • School District: Sleepy Eye #84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Oct 31, 2023
Sold by
Fenger Olivia and Fenger Joshua
Bought by
Fromm Tessa Emily
Seller's Agent
Joyce Krenz
BOCO REAL ESTATE INC.
Buyer's Agent
Elizabeth Greiner
TRUE REAL ESTATE
List Price
$162,000
Sold Price
$167,000
Premium/Discount to List
$5,000
3.09%
Views
24
Current Estimated Value
$180,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,007
Avg. Annual Appreciation
4.16%
Original Mortgage
$16,250
Outstanding Balance
$5,757
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$174,250

Purchase Details

Closed on
Nov 24, 2021
Sold by
Bonita Wahl Kirsten
Bought by
Fenger Olivia and Nelson Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2011
Sold by
Kussatz Troy R and Kussatz Camilla A
Bought by
Wahl Joseph M and Grathwohl Kirsten B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,900
Interest Rate
3.99%
Source: Public Records

Range of Values:

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Average Value
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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
Fromm Tessa Emily $167,000 Minnesota River Valley Title
Fenger Olivia $115,000 None Listed On Document
Wahl Joseph M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fromm Tessa Emily $16,250
Open Fromm Tessa Emily $160,510
Previous Owner Fenger Olivia $92,000
Previous Owner Wahl Joseph M $66,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $167,000 +3.1% $114 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $162,000 -- $111 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,426 $141,500 $17,100 $124,400
2023 $1,426 $121,500 $17,100 $104,400
2022 $1,106 $107,600 $14,900 $92,700
2021 $1,544 $96,600 $14,900 $81,700
2020 $1,440 $101,000 $14,900 $86,100
2019 $1,382 $94,000 $14,200 $79,800
2018 $928 $93,900 $14,200 $79,700
2017 $808 $87,100 $12,600 $74,500
2016 $764 $76,824 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7033371

REALTOR® Association of Southern Minnesota

APN: 00276000102020