NOT LISTED FOR SALE

520 N Section Ave Spring Valley, MN 55975

Estimated Value: $387,000 - $465,000

Studio
4 Baths
3,350 Sq Ft
$128/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $30,000 $9 Per Sq Ft

Est. 1,335% increase in value since last sale

Current estimated payment $2,724/month

221 Days on Market

About This Home

As of April 2015

This property is a diamond in the rough. Original woodwork, paneled doors, fireplace mantle, stained glass windows, & 2 areas formally baths Attached as Supplements to this listing are the owners blue prints for the remodel of this 2 story home. New basement/foundation. Sits on 1/3 acre lot in town.

Last Agent to Sell the Property

Brenda Sheldon

Property Brokers of Minnesota, Inc. Listed on: 08/18/2014

Last Buyer's Agent

Ryan Queensland

Land Resource Mgmt & Rlty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $486

Year Built

  • Built in 1890

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 66x200

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 3,350 Sq Ft Home
  • 2-Story Property
  • Woodwork

Unfinished Basement

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

Listing and Financial Details

  • Assessor Parcel Number 360056010

Home Details

Home Type

Single Family

Est. Annual Taxes

$486

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Natural Woodwork
  • Estimated Number of Acres: 0.3
  • Construction: Previously Owned
  • Parcel Number: 360056010
  • Range: 13.00
  • Section: 28.00
  • Stories: 2 Story
  • Street Designation: Avenue
  • Twp Number: 103.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room 2: On Level: Upper
  • Room 3: On Level: Upper
  • Room 5: On Level: Main
  • Room 7: On Level: Main
  • Room 9: On Level: Main
  • Room 12: On Level: Main
  • Room 13: On Level: Upper
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Total Square Footage: 3350

Exterior Features

  • Frontage Road: Curb/Gutters, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Wood

Utilities

  • Fuel: Natural Gas
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 66x200

Building Info

  • Year Built: 1890

Tax Info

  • Year: 2014
  • Tax Value: 486

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2018
Sold by
Bjellum Kari E and Bjellum Karen M
Bought by
Cummings Daniel T and Cummings Amanda M
Current Estimated Value
$430,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Outstanding Balance
$203,220
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$227,199

Purchase Details

Closed on
Sep 16, 2016
Sold by
Craft Matthew L and Craft Adrienne E
Bought by
Bjellum Karl and Bjellum Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
3.43%
Mortgage Type
VA

Purchase Details

Listed on
Aug 18, 2014
Closed on
Apr 17, 2015
Sold by
Johnson Robert J
Bought by
Craft Matthew
Seller's Agent
Brenda Sheldon
Property Brokers of Minnesota, Inc.
Buyer's Agent
Ryan Queensland
Land Resource Mgmt & Rlty, Inc.
List Price
$36,000
Sold Price
$30,000
Premium/Discount to List
-$6,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.09%

Purchase Details

Closed on
Jul 30, 2014
Sold by
Johnson Joseph and Johnson Carol
Bought by
Johnson Robert J

Purchase Details

Closed on
Aug 12, 2013
Sold by
Johnson Robert J and Nottage Nanci Kim
Bought by
Johnson Joseph

Purchase Details

Closed on
Apr 22, 2009
Sold by
Stier Waletzki Suzanne G
Bought by
Johnson Robert J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cummings Daniel T $887 --
Bjellum Karl $251,000 None Available
Craft Matthew -- None Available
Craft Matthew $30,000 None Available
Johnson Robert J -- None Available
Johnson Joseph -- None Available
Johnson Robert J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cummings Daniel T $234,000
Previous Owner Bjellum Karl $251,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2015 04/17/15 Sold $30,000 -16.7% $9 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
08/18/2014 08/18/14 For Sale $36,000 -- $11 / 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 $5,942 $401,000 $40,400 $360,600
2024 $5,942 $364,400 $40,400 $324,000
2023 $5,438 $364,400 $40,400 $324,000
2022 $5,438 $331,000 $40,400 $290,600
2021 $5,438 $306,100 $26,100 $280,000
2020 $5,382 $306,100 $26,100 $280,000
2019 $4,452 $266,300 $26,100 $240,200
2018 $3,930 $266,300 $26,100 $240,200
2017 -- $243,500 $26,100 $217,400
2016 $606 $35,100 $26,100 $9,000
2015 $514 $37,300 $26,100 $11,200
2014 $514 $31,100 $26,100 $5,000
2013 $514 $31,400 $26,100 $5,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Brenda Sheldon

    Property Brokers of Minnesota, Inc.

  • R

    Buyer's Agent in 2015

    Ryan Queensland

    Land Resource Mgmt & Rlty, Inc.

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4660710

REALTOR® Association of Southern Minnesota

APN: 36.0056.010

Minnesota Fillmore County Spring Valley 55975

520 N Section Ave, Spring Valley, MN

Not Listed for Sale

Detached

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