NOT LISTED FOR SALE

605 Locust St Red Wing, MN 55066

Estimated Value: $266,000 - $280,000

3 Beds
2 Baths
2,529 Sq Ft
$108/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $193,400 $76 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,795/month

1 Day on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Woodwork
  • 5-minute walk to South Park

About This Home

As of December 2020

This 3 bedroom 2 bath rambler on a double lot is priced to sell. Close to school and parks it is the perfect investment. This home just needs some updating. Wood floors thruout. Bring your paint brush and some work clothes and you will have made a great investment.

Last Listed By

Lori Simonson

Exit Realty Rivertown Listed on: 11/20/2020

Exit Realty Rivertown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,804

Year Built

  • Built in 1955

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 142x120
  • Irregular Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Family Room with Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • South Side Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 554900580

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,804

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Metal
  • Garage Spaces: 1.00
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1955
  • Power Company Name: Xcel Energy
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1704.00
  • Above Grade Finished Area Search: 1704.00
  • Above Grade Finished Sq Ft: 1704.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 825.00
  • Below Grade Total Sq Ft: 825.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Garage Area: 336.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 18422
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 2529.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 1704.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 554900580
  • Rental License: No
  • Stories Type: One
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Full
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Fireplace Features: Family Room
  • Dining Room Features: Separate/Formal Dining Room
  • Family Room Features: Lower Level
  • Bathroom Type: Full Basement, Main Floor Full Bath
  • Living Area: 2529.00
  • Fireplace: Yes
  • Stories: 1
  • Below Grade Finished Sq Ft: 825.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Hardwood Floors, Kitchen Window, Natural Woodwork, Washer/Dryer Hookup

Schools

  • School District: 256 - Red Wing
  • School District Phone: 651-385-4500

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: 142X120
  • Homestead: Yes
  • Lot Features: Irregular Lot
  • Lot Size Acres: 0.3900
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: SOUTH SIDE ADD DOC#585132 LOTS 4 & 5 BLK 65 ID# 5-1700-05800
  • Tax Amount: 2804.00
  • Tax Year: 2020
  • Tax With Assessments: 2804.00
  • Assessor Parcel Number: 554900580

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 256 - Red Wing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Dec 29, 2020
Sold by
Siewert Gavle A
Bought by
Schmidt Jane M
Seller's Agent
Lori Simonson
Exit Realty Rivertown
Buyer's Agent
John Rohan
Keller Williams Preferred Realty
List Price
$196,500
Sold Price
$193,400
Premium/Discount to List
-$3,100
-1.58%
Total Days on Market
1
Current Estimated Value
$273,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,945
Avg. Annual Appreciation
9.09%
Original Mortgage
$145,050
Outstanding Balance
$131,496
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$151,880

Purchase Details

Closed on
Aug 21, 2020
Sold by
Siewert Gayle A
Bought by
Rott Monica

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
Schmidt Jane M $193,400 Knight Barry Ttl United Llc
Schmidt Jane Jane $193,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Jane M $145,050
Closed Schmidt Jane Jane $141,085
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $193,400 -1.6% $76 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
11/25/2020 11/25/20 For Sale $196,500 0.0% $78 / Sq Ft
11/20/2020 11/20/20 Price Changed $196,500 -- $78 / 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 $3,350 $266,800 $62,000 $204,800
2023 $1,686 $253,300 $62,000 $191,300
2022 $3,044 $251,900 $62,000 $189,900
2021 $2,850 $218,400 $62,000 $156,400
2020 $2,804 $208,400 $62,000 $146,400
2019 $2,778 $193,400 $62,000 $131,400
2018 $2,262 $193,900 $60,000 $133,900
2017 $2,224 $172,500 $60,000 $112,500
2016 $2,064 $171,700 $60,000 $111,700
2015 $1,992 $167,800 $60,000 $107,800
2014 -- $161,900 $60,000 $101,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5687168

NorthstarMLS

APN: 55.490.0580