NOT LISTED FOR SALE

540 4th St E Hector, MN 55342

Estimated Value: $216,000 - $225,000

4 Beds
2 Baths
2,130 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $195,000 $92 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,521/month

8 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Lower Floor Utility Room
  • Sun or Florida Room
  • Den
  • Formal Dining Room

About This Home

As of September 2022

This immaculate home in the heart of Hector has more amenities to offer than we can list. Modern touches, original woodwork throughout, fresh paint, newly remolded bathroom, new appliances, three main floor bedrooms, two family rooms in the basement, lower level bedroom and bathroom, over abundance of storage, wood burning fireplace, large three-season porch, one stall attached garage, oversized two car detached insulated garage with propane heat and a fenced in back yard for hours of privacy, relaxation and enjoyment. This well built and well cared for home won't be on the market long!

Last Agent to Sell the Property

Samuel Olson

Edina Realty, Inc. - Duluth Listed on: 07/21/2022

Edina Realty, Inc. - Duluth

Co-Listed By

Lil Stocke

Edina Realty, Inc. - Duluth

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,896

Year Built

  • Built in 1957

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 97 x 145
  • Partially Fenced Property
  • Level Lot
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Flat Roof Shape
  • Concrete Foundation
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Rubber Roof
  • Steel Siding

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Frame Window
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Lower Floor Utility Room
  • Storage Room
  • Utility Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 3 Car Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Central Air
  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Fuel Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 33-02225-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,896

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Highway 212, turn north onto 4th St East and the home will be the fourth property on the left.
  • L O1 Office Phone1 Number: 218-728-7700
  • List Price/ Sq Ft: 91.55
  • PropAdjoinsPublicLand: No
  • Remodeled Addition: No
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Natural Woodwork, Drywalls, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Fenced Yard - Partial, Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1401
  • Below Grade Finished Sq Ft: 729
  • Garage Type: Attached, Detached
  • Heat: Boiler, Hot Water, Natural Gas
  • Fireplaces: 1
  • MainFloorBath: Yes
  • New Development: No
  • Reso Roof: Asphalt Shingles, Flat, Rubber
  • Room 10: Family Room
  • Room 11: Family Room
  • Room 12: Laundry Room
  • Bedroom 3: Kitchen
  • TotalBedrooms: 4
  • Year Built: 1957
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Features: Egress Windows, Partially Finished, Bath, Bedrooms, Family/Rec Room, Fireplace, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1176
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Formal Dining Room
  • Extra Rooms: Den/Office, Storage Room, Utility Room, 3 Season Porch
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Sunroom/Solarium
  • Room 8: Bathroom
  • Room 9: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2130
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: City, Curb/Gutters, Paved, Storm Sewer, Street Lights
  • Construction Status: Previously Owned
  • Exterior: Steel
  • Window Features:Insulated Windows: Energy Windows, Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Features: Electrical Service, Heat, Insulation, Slab
  • Garage Capacity: 3
  • ParkingFeaturesGarageDimensions: 24 x 30

Utilities

  • Power Company: Xcel Energy
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Buffalo Lk-Hector-Stewart #2159
  • Junior High Dist: Buffalo Lk-Hector-Stewart #2159

Lot Info

  • Geo Update Timestamp: 2022-07-21
  • Estimated Lot Dimensions: 97 x 145
  • Estimated Number of Acres: 0.32
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Landscaped, Tree Coverage - Medium, Level
  • Parcel Number: 33-02225-00

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 2896

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Sep 14, 2022
Sold by
Larsen and Ann
Bought by
Ness Reiley L and Meyers Thomas H
Seller's Agent
Samuel Olson
Edina Realty, Inc. - Duluth
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$221,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,124
Avg. Annual Appreciation
4.25%
Original Mortgage
$189,150
Outstanding Balance
$180,591
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$40,533

Purchase Details

Closed on
Sep 2, 2021
Sold by
Larsen Jordan and Larsen Ann
Bought by
Larsen Jordan and Hodges Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,646
Interest Rate
2.7%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Ness Reiley L $195,000 --
Larsen Jordan $3,000 Wfg Lender Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ness Reiley L $189,150
Previous Owner Larsen Jordan $149,646
Previous Owner Larsen Jordan $151,404
Previous Owner Hoffman Douglas J $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $195,000 0.0% $92 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $195,000 -- $92 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $4,246 $227,600 $9,600 $218,000
2024 $4,246 $202,300 $9,600 $192,700
2023 $4,054 $185,100 $9,600 $175,500
2022 $2,964 $157,700 $9,600 $148,100
2021 $2,692 $140,900 $9,600 $131,300
2020 $2,100 $138,700 $9,600 $129,100
2019 $2,108 $116,900 $9,600 $107,300
2018 $2,026 $116,800 $9,600 $107,200
2017 $1,964 $116,800 $0 $0
2016 $1,772 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6104405

APN: 33-02225-00