NOT LISTED FOR SALE

531 Nelson Blvd Montrose, MN 55363

Estimated Value: $282,000 - $334,000

4 Beds
2 Baths
2,000 Sq Ft
$155/Sq Ft Est. Value

Last Sold October 26, 2012

Last sale price $47,000 $24 Per Sq Ft

Est. 559% increase in value since last sale

Current estimated payment $1,831/month

213 Days on Market

Highlights

  • Deck
  • 2 Car Garage
  • Walk-In Closet
  • Wood Flooring
  • Porch
  • Patio

About This Home

As of October 2012

All dimensions are approximate. Short sale approved at list price. Grand old home built in 1928. Use as large single family or duplex. Private entrances. Great location and price.

Last Agent to Sell the Property

Virginia MacCharles

RE/MAX Advantage Plus Listed on: 03/23/2012

Last Buyer's Agent

Virginia MacCharles

RE/MAX Advantage Plus Listed on: 03/23/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,436

Year Built

  • 1925

Lot Details

  • 0.41 Acre Lot
  • Irregular Lot

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Carport
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Heating System Powered By Owned Propane
  • Water Softener is Owned

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 112500354309

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,436

Year Built

1925

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Patio, Porch
  • Estimated Number of Acres: 0.41
  • Assessment Balance: 150
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1000
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 112500354309
  • Potential Short Sale: Yes
  • Projected Closed Date: 10/26/2012
  • Stories: 2 Story
  • Taxes With Assessments: 1478
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2000
  • Total Fin Square Footage: 2000

Exterior Features

  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Carport, Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Propane - Tank Owned

Schools

  • School District: Buffalo-Hanover-Montrose #877

Lot Info

  • Estimated Lot Dimensions: 120fX150X1
  • Lot/Land Description: Irregular Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2021
Sold by
Westrum Tamara C and Mcclay Tamara C
Bought by
Westrum Wallace O
Current Estimated Value
$309,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$163,472
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$146,052

Purchase Details

Listed on
Mar 23, 2012
Closed on
Oct 26, 2012
Sold by
Petersen Jeffrey K and Petersen Pamala M
Bought by
Mcclay Tamara C
Seller's Agent
Virginia MacCharles
RE/MAX Advantage Plus
Buyer's Agent
Virginia MacCharles
RE/MAX Advantage Plus
List Price
$50,000
Sold Price
$47,000
Premium/Discount to List
-$3,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.59%
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
Westrum Wallace O -- Partners Ttl Resware Bell Ba
Mcclay Tamara C $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westrum Wallace O $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2012 10/26/12 Sold $47,000 -6.0% $24 / Sq Ft
10/22/2012 10/22/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $50,000 -- $25 / 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 $2,436 $235,800 $84,000 $151,800
2024 $2,424 $210,200 $61,000 $149,200
2023 $2,592 $224,100 $76,000 $148,100
2022 $2,450 $219,700 $79,000 $140,700
2021 $2,302 $179,800 $52,000 $127,800
2020 $2,278 $166,500 $41,000 $125,500
2019 $1,796 $162,000 $0 $0
2018 $1,618 $111,800 $0 $0
2017 $1,474 $100,800 $0 $0
2016 $1,388 $0 $0 $0
2015 $1,358 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2012

    Virginia MacCharles

    RE/MAX

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4114138

REALTOR® Association of Southern Minnesota

APN: 112-500-354309

Minnesota Wright County Montrose 55363

531 Nelson Blvd, Montrose, MN

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