NOT LISTED FOR SALE

553 Buffalo Ave S Montrose, MN 55363

Estimated Value: $262,000 - $314,000

2 Beds
1.5 Baths
1,645 Sq Ft
$173/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $235,000 $143 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,728/month

31 Days on Market

Highlights

  • 27,791 Sq Ft lot
  • No HOA
  • The kitchen features windows
  • Recreation Room
  • Home Office
  • 1 Car Attached Garage

About This Home

As of May 2024

2 bedroom rambler on a large lot 0.639 acres on the edge of town. Main level features kitchen, living room, dining room, 2 bedrooms and full bath. Lower level features a walk out basement with a office, family room, and bonus room. Spacious backyard offers ample space for outdoor activities. Detached garage 18x26 and another detached garage that needs some TLC. Welcome Home!

Last Agent to Sell the Property

Barbara Mengelkoch

Kg Realty Listed on: 02/11/2024

Last Buyer's Agent

Penny Markwardt

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,860

Year Built

  • Built in 1971

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 120x230
  • Few Trees

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry

Home Design

  • Steel Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Recreation Room

Kitchen

  • Built-In Oven
  • Cooktop
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Natural lighting in basement

Utilities

  • Mini Split Air Conditioners
  • Vented Exhaust Fan
  • Radiant Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 112500021105

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,860

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1971
  • Above Grade Finished Sq Ft: 998
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full, Storage Space, Walkout
  • Appliances: Cooktop, Dryer, Exhaust Fan, Refrigerator, Wall Oven, Washer
  • Living Area: 1645
  • Fireplace: No
  • Below Grade Finished Sq Ft: 647
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2, Family Room, Office, Recreation Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years
  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Additional Garage, Storage Shed

Garage/Parking

  • Parking Features: Attached Garage, Detached, Storage

Utilities

  • Heating: Radiant
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Window,Main Floor Primary Bedroom,Washer/Dryer Hookup

Schools

  • Junior High Dist: Buffalo-Hanover-Montrose
  • SchoolDistrictPhone: 763-682-8707

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 120x230
  • Lot Size Sq Ft: 27791.28
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 112500021105
  • Tax Annual Amount: 2860
  • TaxWithAssessments: 2860.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2024
Closed on
May 3, 2024
Sold by
Probst Mary and Osterbauer Christine
Bought by
Anderson Nycole
Seller's Agent
Barbara Mengelkoch
Kg Realty
Buyer's Agent
Penny Markwardt
RE/MAX Results
List Price
$248,000
Sold Price
$235,000
Premium/Discount to List
-$13,000
-5.24%
Views
134
Current Estimated Value
$284,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,782
Avg. Annual Appreciation
13.57%
Original Mortgage
$215,201
Outstanding Balance
$211,979
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$72,803
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
Anderson Nycole $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Nycole $215,201
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $235,000 -5.2% $143 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $248,000 -- $151 / 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
2025 $2,758 $266,500 $101,700 $164,800
2024 $2,714 $233,200 $72,800 $160,400
2023 $2,860 $247,400 $87,800 $159,600
2022 $2,596 $239,300 $84,500 $154,800
2021 $2,286 $189,200 $60,900 $128,300
2020 $2,270 $165,400 $44,000 $121,400
2019 $1,814 $161,500 $0 $0
2018 $1,604 $113,000 $0 $0
2017 $1,500 $99,800 $0 $0
2016 $1,454 $0 $0 $0
2015 $1,424 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6488567

NorthstarMLS

APN: 112-500-021105