NOT LISTED FOR SALE

600 4th St S Unit 16 Cannon Falls, MN 55009

Estimated Value: $109,000 - $182,000

2 Beds
1 Bath
888 Sq Ft
$146/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $45,000 $51 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $962/month

182 Days on Market

Highlights

  • Building Security
  • Home Security System
  • Coin Laundry
  • 1 Car Attached Garage
  • Baseboard Heating

About This Home

As of July 2013

Great investment opportunity! 2 bedroom, 1 bath condo in secure building close to downtown - but, beautiful wooded setting! Freshly painted, 1 car garage. Offers subject to third party approval.

Last Listed By

Jerry Husaby

Cannon Realty Listed on: 01/07/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $770

Year Built

  • Built in 1983

Lot Details

  • 0.39

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • 888 Sq Ft Home
  • Property Attached
  • Asphalt Shingled Roof
  • Stone Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Additional Features

  • Range
  • 0.39 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 522600160

Community Details

Overview

  • Association fees include building exterior, hazard insurance, sanitation, security system, shared amenities, snow/lawn care
  • Middleridge Condo Assoc. Association

Additional Features

  • Coin Laundry
  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$770

Year Built

Built in 1983

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) Low Rise (3- Levels)
  • Cooling System: Window
  • Outside Features: Brick/Stone
  • Garage Spaces: 1.00
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned, Security Building
  • Fuel Type: Electric
  • Fee Frequency: Monthly
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 888.00
  • Above Grade Finished Area Search: 888.00
  • Assessment Pending Y N: No
  • Association Management: Middleridge Condo Assoc.
  • Management Company Phone: 507-263-4186
  • Carport Y N: No
  • Co Listing Association Office S K: 15291
  • Condo Approved Financing: NONE
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 15291
  • Listing Organization: Iowa
  • Living Area Finished: 888.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 522600160
  • Rental License: No
  • Restrictions Type: Other Bldg Restrictions, Pets - Cats Allowed, Pets - Number Limit, Pets - Weight/Height Limit
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Shared Room: Amusement/Party Room
  • Basement: None
  • Appliances: Range, Refrigerator
  • Dining Room Features: Informal Dining Room
  • Family Room Features: Main Level
  • Bathroom Type: Main Floor Full Bath
  • Fireplace: No

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt Shingles

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Hazard Insurance, Sanitation, Security System, Shared Amenities, Snow/Lawn Care
  • Association Fee: 150.00

Association/Amenities

  • Property Amenities: Security System

Schools

  • School District: Cannon Falls
  • School District Phone: 507-263-6800

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Homestead: Yes
  • Lot Size Acres: 0.3900
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: SECT-12 TWP-112 RANGE-017 CONDO 4 MIDDLERIDGE UNIT 16 UNIT 16A UNIT 16B UND INT IN COMMON ELEMENT DOC# 20377
  • Tax Amount: 770.00
  • Tax Year: 2012
  • Tax With Assessments: 770.00
  • Assessor Parcel Number: 522600160

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: Cannon Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2016
Sold by
Hernke James and Hernke Lavaughn
Bought by
Cannon Ridge Llc
Total Days on Market
182
Current Estimated Value
$129,745

Purchase Details

Listed on
Jan 7, 2013
Closed on
Jul 12, 2013
Sold by
Kunkel Janice M
Bought by
Hernke James and Hernke Lavaughn
Seller's Agent
Jerry Husaby
Cannon Realty
List Price
$48,500
Sold Price
$45,000
Premium/Discount to List
-$3,500
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%

Purchase Details

Closed on
Mar 7, 2006
Sold by
Burch John W and Burch Jeanette L
Bought by
Kunkel Janice M

Purchase Details

Closed on
May 1, 1998
Sold by
Ellison George and Ellison Leeanne
Bought by
The John W Burch Trust

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
Cannon Ridge Llc $50,000 Attorney
Kunkel Janice M $82,500 --
The John W Burch Trust $170,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2013 07/12/13 Sold $45,000 -7.2% $51 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $48,500 -- $55 / 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 -- $91,000 $5,000 $86,000
2023 $1,118 $87,400 $5,000 $82,400
2022 $1,044 $85,200 $5,000 $80,200
2021 $990 $70,400 $5,000 $65,400
2020 $940 $65,300 $5,000 $60,300
2019 $966 $60,400 $5,000 $55,400
2018 $880 $61,700 $5,000 $56,700
2017 $816 $58,100 $5,000 $53,100
2016 $786 $53,100 $5,000 $48,100
2015 $900 $51,100 $5,000 $46,100
2014 -- $69,600 $7,500 $62,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 4326708

NorthstarMLS

APN: 52.260.0160