$520,000
SOLD JAN 31, 2025

522 5th St Welcome, MN 56181

4 Beds
3.5 Baths
4,424 Sq Ft
1.19 Acres

Recently Sold

$118 Per Sq Ft

1% Below List Price

90 Days on Market

Highlights

  • Radiant Floor
  • Home Gym
  • The kitchen features windows
  • No HOA
  • Stainless Steel Appliances
  • 2 Car Attached Garage

About This Home

As of January 2025

Why build new, when you can buy this immaculate home sitting on over an acre of land, on the edge of town, built in 2015. This home has everything you have been dreaming about, including 4 bedrooms, 4 bathrooms all with Cambria countertops, formal dining area, finished walk out basement, workout room and office, large storage area and a speaker system that runs throughout the whole house. Walk into the front door and enjoy the large living room open concept to the formal dining area and kitchen that also includes Cambria countertops, you will find a guest room, another full bath, also a large primary bedroom with primary bath including double sink, heated flooring and a beautifully tiled shower along with the nice size primary closet that even has hookups for your laundry, nice size entry way along with a pantry/closet, all located on the main floor. In the basement, the views are amazing from the family room to the backyard, enjoy two more bedrooms and two bathrooms, a workout room and extra room that works well as an office, and lots of storage. The large 2 stall garage also has heated flooring along with an extra room for all your gatherings. This home has too many things to mention, call to view this and make it yours today.

Last Agent to Sell the Property

Charity Ringnell

City Side Real Estate Inc Listed on: 10/02/2024

Last Buyer's Agent

Vonnie Cone

RE/MAX TOTAL REALTY

RE/MAX TOTAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,076

Year Built

  • Built in 2015

Lot Details

  • 1.19 Acre Lot
  • Lot Dimensions are 185x247
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Home Gym
  • Radiant Floor

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Water Filtration System
  • Water Softener Leased

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 420400430

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,076

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 2015
  • Above Grade Finished Sq Ft: 2212
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Tile Shower, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Exhaust Fan, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Softener Rented
  • Living Area: 4424
  • Below Grade Finished Sq Ft: 2212
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Exercise Room, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Concrete

Garage/Parking

  • Parking Features: Attached Garage, Gravel, Garage Door Opener, Heated Garage

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Exercise Room,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Tile Floors,Washer/Dryer Hookup

Schools

  • Junior High Dist: Martin County West
  • SchoolDistrictPhone: 507-728-8276

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 185X247
  • Lot Size Sq Ft: 51792.84
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 420400430
  • Tax Annual Amount: 8076
  • TaxWithAssessments: 8076.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Jan 31, 2025
Sold by
Borchardt Carey Lynn
Bought by
Hennagir Scott A and Hennagir Sara M
Seller's Agent
Charity Ringnell
City Side Real Estate Inc
Buyer's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Views
80
Current Estimated Value
$547,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,552
Avg. Annual Appreciation
5.90%
Original Mortgage
$494,000
Outstanding Balance
$490,954
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$56,598

Purchase Details

Closed on
May 28, 2019
Sold by
Borchardt Justin Bocky
Bought by
Borchardt Carey Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,500
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $520,000 Title Team
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $494,000 New Conventional
Previous Owner $230,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2025 01/31/25 Sold $520,000 -1.0% $118 / Sq Ft
12/31/2024 12/31/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $525,000 -- $119 / Sq Ft
Source: NorthstarMLS

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 $11,286 $519,000 $22,200 $496,800
2024 $8,076 $576,000 $15,400 $560,600
2023 $7,942 $496,000 $8,200 $487,800
2022 $7,662 $461,400 $8,200 $453,200
2021 $7,584 $401,700 $8,200 $393,500
2020 $7,762 $401,700 $8,200 $393,500
2019 $7,874 $401,700 $8,200 $393,500
2018 $7,826 $401,700 $8,200 $393,500
2017 $8,308 $400,800 $8,377 $392,423
2016 $194 $8,400 $8,400 $0
2015 $186 $8,400 $8,400 $0
2013 $198 $8,400 $8,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6609643

NorthstarMLS

APN: 420400430