NOT LISTED FOR SALE

551 Main Ave Lafayette, MN 56054

Estimated Value: $144,000 - $179,000

3 Beds
2 Baths
1,087 Sq Ft
$145/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $120,000 $110 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $918/month

2 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • Eat-In Kitchen
  • New Ulm High School Rated 9+
  • 1 Car Attached Garage
  • Patio

About This Home

As of June 2021

Look at this 3 bedroom, 1 3/4 bath rambler with an attached garage. Some of the great attributes of this home is the eat-in kitchen with new counter top and updated flooring, hardwood flooring throughout the main level, and large covered patio area. Set on a large fenced in yard centrally located in Lafayette, near parks and school. There are many reasons you do not want to miss this home!

Last Agent to Sell the Property

JOSEPH MAIDL

MAGES LAND COMPANY & AUCTION SERVIC Listed on: 06/02/2021

Last Buyer's Agent

JOSEPH MAIDL

MAGES LAND COMPANY & AUCTION SERVIC Listed on: 06/02/2021

Home Details

Home Type

  • Single Family

Year Built

  • 1949

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 65 x 140
  • Partially Fenced Property

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Stove
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Patio

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Wood
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 15.681.0650

Home Details

Home Type

Single Family

Year Built

1949

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Hardwood Floors, Washer/Dryer Hookups
  • Amenities Exterior: Fenced Yard - Partial, Patio
  • Estimated Number of Acres: 0.21
  • Assessments: Yes
  • Foundation Size: 867
  • L V T Date: 06/02/2021
  • Mechanicals: Water Heater-Electric, Sump Pump
  • Parcel Number: 15.681.0650
  • Stories: 1 Story
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 9x16, On Level: Main
  • Room 2: Living Room, 12.5x17, On Level: Main
  • Room 3: Bedroom, 10x13.5, On Level: Main
  • Room 4: Bedroom, 9.5x12.5, On Level: Main
  • Room 5: Bedroom, 11.5x12.5, On Level: Basement
  • Basement Features: Egress Windows, Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 867
  • Below Grade Finished Sq Ft: 220
  • Tot Above Grade Sq Ft: 867
  • Total Fin Square Footage: 1087
  • Total Square Footage: 1734
  • Tot Below Grade Sq Ft: 867

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Window
  • Fuel: Electric, Wood
  • Heat: Forced Air, Wood Stove
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 65 x 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2021
Sold by
Byers Pamela
Bought by
Hartley Andrew C
Current Estimated Value
$157,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,335
Outstanding Balance
$134,974
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$22,228

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jun 30, 2021
Sold by
Sondag Ryan D
Bought by
Byers Pamela
Seller's Agent
JOSEPH MAIDL
MAGES LAND COMPANY & AUCTION SERVIC
Buyer's Agent
JOSEPH MAIDL
MAGES LAND COMPANY & AUCTION SERVIC
List Price
$99,900
Sold Price
$120,000
Premium/Discount to List
$20,100
20.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
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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Purchase History

Date Buyer Sale Price Title Company
Hartley Andrew C $145,000 Avenue Title
Byers Pamela $120,000 Avenue Title Llc
Byers Pamela Pamela $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartley Andrew C $148,335
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $120,000 +20.1% $110 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $99,900 -- $92 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,326 $120,000 $13,700 $106,300
2024 $1,392 $114,300 $13,700 $100,600
2023 $1,410 $115,400 $13,700 $101,700
2022 $1,164 $115,400 $13,700 $101,700
2021 $1,430 $94,300 $13,700 $80,600
2020 $1,418 $79,500 $11,700 $67,800
2019 $1,338 $79,500 $11,700 $67,800
2018 $1,216 $79,500 $6,500 $73,000
2017 -- $64,800 $0 $0
2016 $1,192 $0 $0 $0
2015 -- $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7027181

REALTOR® Association of Southern Minnesota

APN: R-15.681.0650

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