NOT LISTED FOR SALE

540 540 Lincoln-Avenue- Zumbrota, MN 55992

Estimated Value: $199,000 - $249,182

2 Beds
1 Bath
920 Sq Ft
$256/Sq Ft Est. Value

Last Sold April 06, 2012

Last sale price $41,200 $45 Per Sq Ft

Est. 488% increase in value since last sale

Current estimated payment $1,524/month

7 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Bathroom on Main Level
  • Zumbrota-Mazeppa Elementary School Rated 9+
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of April 2012

Ranch style home with large living room and nice kitchen. 2nd bedroom only has access from 1st bedroom.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,458

Year Built

  • 1948

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 125x63

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Concrete Fiber Board Siding

Interior Spaces

  • 920 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Unfinished Basement

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

Additional Features

  • Deck
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 721800230

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,458

Year Built

1948

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.18
  • Construction: Previously Owned
  • Parcel Number: 721800230
  • Range: 12.00
  • Section: 55.00
  • Stories: 1 Story
  • Taxes With Assessments: 1044
  • Twp Number: 107.00
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Dining Room: Eat-In Kitchen
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: On Level: Main
  • Room 2: On Level: Main
  • Room 9: On Level: Main
  • Room 11: On Level: Basement
  • Room 12: On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 920
  • Total Fin Square Footage: 920
  • Total Square Footage: 1840

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Fiber Board

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Zumbrota-Mazeppa #2805

Lot Info

  • Estimated Lot Dimensions: 125x63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2022
Sold by
Rude Sally and Rude Michael
Bought by
Johnson Cole
Current Estimated Value
$242,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Outstanding Balance
$222,950
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$12,504

Purchase Details

Closed on
Jan 17, 2022
Sold by
Rude Sally D and Rude Michael D
Bought by
Johnson Cole W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Outstanding Balance
$222,950
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$12,504

Purchase Details

Closed on
Jun 22, 2017
Sold by
R & R Properties Llc
Bought by
Rude Sally

Purchase Details

Listed on
Feb 14, 2012
Closed on
Feb 28, 2012
Sold by
Sec Of Housing & Urban Development
Bought by
R & R Properties
List Price
$35,000
Sold Price
$41,200
Premium/Discount to List
$6,200
17.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.94%
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
Johnson Cole $239,000 --
Johnson Cole W $239,000 Rockne Law Office
Rude Sally $168,000 None Available
R & R Properties $41,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Cole $239,000
Closed Johnson Cole W $241,414
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2012 04/06/12 Sold $41,200 +17.7% $45 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $35,000 -- $38 / 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 $2,458 $194,000 $43,700 $150,300
2024 $2,458 $194,000 $43,700 $150,300
2023 $1,259 $188,200 $43,700 $144,500
2022 $2,072 $168,300 $38,900 $129,400
2021 $2,026 $143,500 $37,300 $106,200
2020 $1,830 $142,800 $37,300 $105,500
2019 $1,562 $128,800 $35,600 $93,200
2018 $1,478 $119,200 $29,200 $90,000
2017 $1,618 $113,700 $29,200 $84,500
2016 $1,338 $106,100 $29,200 $76,900
2015 $1,340 $85,200 $29,200 $56,000
2014 -- $85,900 $29,200 $56,700
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4181163

REALTOR® Association of Southern Minnesota

APN: 72.180.0230