NOT LISTED FOR SALE

518 Summit Ave Tracy, MN 56175

Estimated Value: $148,000 - $178,000

3 Beds
2 Baths
2,214 Sq Ft
$75/Sq Ft Est. Value

Last Sold April 29, 2014

Last sale price $59,000 $27 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $1,079/month

227 Days on Market

Highlights

  • 2 Car Attached Garage
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen
  • 1-Story Property
  • Wood Siding

About This Home

As of April 2014

On a cul-de-sac. Ranch style with woodburning fireplace. Property selling in as is condition.

Last Agent to Sell the Property

Duwayne Johnson

RE/MAX TOWN & COUNTRY Listed on: 08/28/2013

Last Buyer's Agent

Duwayne Johnson

RE/MAX TOWN & COUNTRY Listed on: 08/28/2013

Home Details

Home Type

  • Single Family

Year Built

  • 1967

Lot Details

  • 0.29

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 31-160017-0

Home Details

Home Type

Single Family

Year Built

1967

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Washer/Dryer Hookups
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1314
  • Parcel Number: 31-160017-0
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1967

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 23x13, On Level: Main
  • Room 2: Dining Room, 13x11, On Level: Main
  • Room 3: Kitchen, 18x12, On Level: Main
  • Room 4: Master Bedroom, 14x12, On Level: Main
  • Room 5: Bedroom, 13x8, On Level: Main
  • Room 6: Family Room, 23x11, On Level: Basement
  • Room 7: 14x11, On Level: Basement
  • Room 8: Bedroom, 11x11, On Level: Basement
  • Room 9: Laundry Room, 9x7, On Level: Main
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1314
  • Below Grade Finished Sq Ft: 900
  • Total Fin Square Footage: 2214
  • Total Square Footage: 2524

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Estimated Lot Dimensions: Irregular, 60x103x156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2013
Closed on
Apr 25, 2014
Sold by
Jpmorgan Chase Bank Na
Bought by
Johnson Teresa M
Seller's Agent
Duwayne Johnson
RE/MAX TOWN & COUNTRY
Buyer's Agent
Duwayne Johnson
RE/MAX TOWN & COUNTRY
List Price
$75,000
Sold Price
$59,000
Premium/Discount to List
-$16,000
-21.33%
Current Estimated Value
$165,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,834
Avg. Annual Appreciation
9.23%

Purchase Details

Closed on
Jul 28, 2011
Sold by
Vandendriessche Alice M and Boerboom Marianne C
Bought by
Seivert David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,781
Interest Rate
4.54%
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

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
Johnson Teresa M -- --
Seivert David L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seivert David L $93,781
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2014 04/29/14 Sold $59,000 -21.3% $27 / Sq Ft
04/12/2014 04/12/14 Pending -- -- --
08/28/2013 08/28/13 For Sale $75,000 -- $34 / 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 $2,550 $168,000 $9,300 $158,700
2024 $2,428 $155,800 $9,300 $146,500
2023 $2,390 $140,600 $8,800 $131,800
2022 $1,970 $125,600 $8,800 $116,800
2021 $1,752 $102,800 $8,800 $94,000
2020 $1,734 $95,200 $8,800 $86,400
2019 $1,318 $95,200 $8,800 $86,400
2018 $1,244 $80,700 $8,800 $71,900
2017 $1,244 $80,700 $8,800 $71,900
2016 $1,168 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4528569

REALTOR® Association of Southern Minnesota

APN: 31-160017-0