NOT LISTED FOR SALE

550 School Rd SW Hutchinson, MN 55350

Estimated Value: $219,000 - $338,513

3 Beds
2 Baths
100 Sq Ft
$2,769/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $175,000 $1,750 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,632/month

2 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Living Room
  • Hutchinson Park Elementary School Rated A-
  • 2 Car Attached Garage
  • 1-minute walk to Dassel Elementary Playground

About This Home

As of March 2024

Interior of this 3 bedroom, 2 bath split entry home needs to be completed. Features newer vinyl siding, shingles, windows, furnace and AC. Double attached garage and storage shed. Deck and patio overlook fenced in backyard. Located on a large corner lot across from the Hutchinson High School. Property sold as is.

Last Agent to Sell the Property

Diane Sorensen

Hometown Realty, Inc Listed on: 03/04/2024

Last Buyer's Agent

Jay Docken

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,822

Year Built

  • Built in 1986

Lot Details

  • 9,975 Sq Ft Lot
  • Lot Dimensions are 100x150
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home
  • Vinyl Siding

Interior Spaces

  • 100 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 233600010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,822

Year Built

Built in 1986

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: 1986
  • Above Grade Finished Sq Ft: 100
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Egress Window(s), Full, Sump Pump
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 100
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Family Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Other Structures: Storage Shed
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Insulated Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Patio

Schools

  • Junior High Dist: Hutchinson
  • SchoolDistrictPhone: 320-587-2860

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 100x150
  • Lot Size Sq Ft: 9975.24
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 233600010
  • Tax Annual Amount: 2822
  • TaxWithAssessments: 2822.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2024
Sold by
Labraaten Eric
Bought by
Demars Mason and Demars Taylor
Current Estimated Value
$276,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Outstanding Balance
$310,272
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
-$33,394

Purchase Details

Listed on
Mar 4, 2024
Closed on
Mar 20, 2024
Sold by
Huber Constance
Bought by
Labraaten Eric
Seller's Agent
Diane Sorensen
Hometown Realty, Inc
Buyer's Agent
Jay Docken
Edina Realty, Inc.
List Price
$150,000
Sold Price
$175,000
Premium/Discount to List
$25,000
16.67%
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.97%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Demars Mason $330,000 --
Labraaten Eric $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demars Mason $313,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2024 03/20/24 Sold $175,000 +16.7% $1,750 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $150,000 -- $1,500 / 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
2024 $2,096 $172,700 $62,500 $110,200
2023 $2,494 $212,100 $62,500 $149,600
2022 $2,494 $201,300 $59,400 $141,900
2021 $2,338 $167,800 $52,000 $115,800
2020 $2,016 $152,500 $47,300 $105,200
2019 $1,814 $132,600 $47,300 $85,300
2018 $1,690 $0 $0 $0
2017 $1,562 $0 $0 $0
2016 $1,568 $0 $0 $0
2015 $1,410 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6494589

NorthstarMLS

APN: 23.360.0010