NOT LISTED FOR SALE

616 N Broadway Ave Le Roy, MN 55951

Estimated Value: $101,000 - $149,751

2 Beds
2 Baths
2,000 Sq Ft
$59/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $97,500 $49 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $862/month

217 Days on Market

About This Home

As of May 2024

Beautiful two story Victorian duplex on a large corner lot. This would be a great investment property. You could live in one unit and rent out the other, or rent out both units. One unit is filled and the other is vacant.

Last Listed By

Jenay Beaman

Homes Plus Realty Listed on: 09/05/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 0.4

Home Design

  • Duplex

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Boiler Heating System

Community Details

  • 2 Units
  • Original Village Subdivision

Listing and Financial Details

  • Tenant pays for snow removal, water
  • The owner pays for gas, grounds care, repairs, water
  • Assessor Parcel Number 260010190

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1895
  • Above Grade Finished Sq Ft: 2000
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • FoundationDimensions: 2000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 2000
  • Owner Pays: Gas, Grounds Care, Repairs, Water
  • Basement YN: Yes
  • Appliances: Range
  • Number Of Fireplaces: 0
  • Total Rooms: 5
  • Appliances: Range
  • Total Rooms: 4
  • Number Of Fireplaces: 0
  • FamilyRoomRoomFeatures: Family Room

Beds/Baths

  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Leroy-Ostrander
  • SchoolDistrictNumber: 499
  • SchoolDistrictPhone: 507-324-5743

Lot Info

  • Lot Size: 16756
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 260010190
  • Tax Annual Amount: 2476
  • TaxWithAssessments: 2476.0000

Multi Family

  • TenantPays: Snow Removal, Water
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
May 10, 2024
Sold by
Obyrne Casey and Obyrne Theresa
Bought by
Everson Hesper
Seller's Agent
Jenay Beaman
Homes Plus Realty
Buyer's Agent
Nicholas Schmitz
Land Resource Mgmt & Rlty Inc.
List Price
$120,000
Sold Price
$97,500
Premium/Discount to List
-$22,500
-18.75%
Total Days on Market
217
Views
203
Current Estimated Value
$118,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,438
Avg. Annual Appreciation
21.28%
Original Mortgage
$97,500
Outstanding Balance
$96,557
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$22,381

Purchase Details

Closed on
Sep 30, 2019
Sold by
Vercruyssen Christina and Perkins David Eugene
Bought by
Obyrne Casey and Obyrne Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2017
Sold by
Jacobson Jared R
Bought by
Perkins David

Range of Values:

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Average Value
Not Available
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
Everson Hesper $97,500 --
Obyrne Casey $77,000 None Available
Perkins David $79,900 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Everson Hesper $97,500
Previous Owner Obyrne Casey $57,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $97,500 -11.4% $49 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
01/29/2024 01/29/24 Price Changed $110,000 -8.3% $55 / Sq Ft
09/05/2023 09/05/23 For Sale $120,000 -- $60 / 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 $2,382 $110,100 $25,000 $85,100
2023 $2,928 $144,700 $25,000 $119,700
2022 $2,476 $128,000 $25,000 $103,000
2021 $1,800 $88,100 $12,500 $75,600
2020 $1,872 $68,300 $7,600 $60,700
2018 $0 $66,000 $7,600 $58,400
2017 $1,854 $0 $0 $0
2016 $1,570 $0 $0 $0
2015 $2,100 $0 $0 $0
2012 $2,100 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jenay Beaman

    Homes Plus Realty

    (256) 599-3611

    11 Total Sales

    Jenay Beaman
    Section Image

  • N

    Buyer's Agent in 2024

    Nicholas Schmitz

    Land Resource Mgmt & Rlty Inc.

    (507) 440-0078

    54 Total Sales

    Nicholas Schmitz
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6428545

NorthstarMLS

APN: 26-001-0190

Minnesota Mower County Le Roy 55951

616 N Broadway Ave, Le Roy, MN

Homes for Sale in Le Roy, MN

This home is located at 616 N Broadway Ave, Le Roy, MN 55951 since 05 September 2023 and is currently estimated at $118,938, approximately $59 per square foot. This property was built in 1895. 616 N Broadway Ave is a home located in Mower County with nearby schools including Leroy Elementary School and Leroy Secondary School.

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