NOT LISTED FOR SALE

518 518 1st-Street-n Montrose, MN 55363

Estimated Value: $303,000 - $314,000

3 Beds
2 Baths
1,425 Sq Ft
$215/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $135,000 $95 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,900/month

29 Days on Market

Highlights

  • 3 Car Attached Garage
  • Forced Air Heating System
  • 2-minute walk to Lent Park

About This Home

As of October 2012

Beautiful home enjoys Many Updates Nice family spaces, open living and Today's decor. All new bath with custom tile surround in double shower, gorgeous vanity and fixtures.Inviting all new deck with custom pergola makes it easy to enjoy wonderful setting!

Last Agent to Sell the Property

John Beise

RE/MAX Advantage Plus Listed on: 09/11/2012

Last Buyer's Agent

Steven Grotting

Windsong Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,432

Year Built

  • 2002

Lot Details

  • 0.37 Acre Lot

Home Design

  • Tri-Level Property
  • Asphalt Shingled Roof
  • Metal Siding

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Parking

  • 3 Car Attached Garage
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 112023001020

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,432

Year Built

2002

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Driveway - Asphalt
  • Estimated Number of Acres: 0.37
  • Assessment Balance: 409.23
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1049
  • Parcel Number: 112023001020
  • Projected Closed Date: 10/31/2012
  • Stories: Tri-Level Split
  • Taxes With Assessments: 2118
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 15x11, On Level: Upper
  • Room 2: Dining Room, 11x10, On Level: Main
  • Room 3: Family Room, 18x11, On Level: Lower
  • Room 4: Kitchen, 13x12, On Level: Main
  • Room 5: Bedroom, 17x11, On Level: Upper
  • Room 6: Bedroom, 10x09, On Level: Upper
  • Room 7: 13x10, On Level: Lower
  • Basement Features: Drainage System, Sump Pump
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1049
  • Below Grade Finished Sq Ft: 376
  • Total Fin Square Footage: 1425

Exterior Features

  • Frontage Road: City
  • Exterior: Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Wall
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Buffalo-Hanover-Montrose #877

Lot Info

  • Estimated Lot Dimensions: Irregular

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
$306,960

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

Listed on
Sep 11, 2012
Closed on
Oct 31, 2012
Sold by
Hesch Melissa and Hesch Kelly
Bought by
Ruthven Emily A
Seller's Agent
John Beise
RE/MAX Advantage Plus
Buyer's Agent
Steven Grotting
Windsong Realty
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%

Purchase Details

Closed on
Sep 19, 2002
Sold by
Pilot Land Development
Bought by
Raaen Jason and Raaen Renee
Source: Public Records

Range of Values:

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Average Value
Not Available
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
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

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2012 10/31/12 Sold $135,000 -3.5% $95 / Sq Ft
10/10/2012 10/10/12 Pending -- -- --
09/11/2012 09/11/12 For Sale $139,900 -- $98 / 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
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

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4397556

REALTOR® Association of Southern Minnesota

APN: 112-023-001020