518 1st St N Montrose, MN 55363
Estimated Value: $303,000 - $314,000
3
Beds
2
Baths
1,578
Sq Ft
$195/Sq Ft
Est. Value
About This Home
This home is located at 518 1st St N, Montrose, MN 55363 and is currently estimated at $306,960, approximately $194 per square foot. 518 1st St N 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
Sep 15, 2015
Sold by
Sleek Nate Nate
Bought by
Rasmussen Andrew Andrew
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
$161,355
Outstanding Balance
$126,691
Interest Rate
3.9%
Estimated Equity
$180,270
Purchase Details
Closed on
Oct 31, 2012
Sold by
Hesch Melissa and Hesch Kelly
Bought by
Ruthven Emily A
Purchase Details
Closed on
Sep 19, 2002
Sold by
Pilot Land Development
Bought by
Raaen Jason and Raaen Renee
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rasmussen Andrew Andrew | $169,900 | -- | |
| Ruthven Emily A | $135,000 | -- | |
| Raaen Jason | $146,060 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rasmussen Andrew Andrew | $161,355 |
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 | $3,432 | $280,100 | $62,000 | $218,100 |
| 2024 | $3,284 | $274,700 | $65,000 | $209,700 |
| 2023 | $3,288 | $293,200 | $81,000 | $212,200 |
| 2022 | $3,120 | $270,800 | $72,000 | $198,800 |
| 2021 | $2,986 | $223,500 | $40,000 | $183,500 |
| 2020 | $3,052 | $210,000 | $35,000 | $175,000 |
| 2019 | $2,650 | $210,400 | $0 | $0 |
| 2018 | $2,400 | $171,400 | $0 | $0 |
| 2017 | $2,204 | $156,000 | $0 | $0 |
| 2016 | $2,050 | $0 | $0 | $0 |
| 2015 | $2,004 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Map
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