NOT LISTED FOR SALE

705 Division St E Buffalo, MN 55313

Estimated Value: $292,000 - $326,000

3 Beds
2 Baths
1,561 Sq Ft
$196/Sq Ft Est. Value

Last Sold December 05, 2014

Last sale price $95,000 $61 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $1,876/month

16 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • Combination Kitchen and Dining Room
  • 2 Car Attached Garage

About This Home

As of December 2014

Bring your creative ideas and turn this house into a home! Help this diamond in the rough shine again! This property has great potential with TLC. 3 bedrooms 2 bathrooms and an office. Nice location. 24x30 Garage.

Last Agent to Sell the Property

Christopher Mehalovich

Minnesota Home Venture, Inc. Listed on: 09/09/2014

Last Buyer's Agent

James Herbst

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,430

Year Built

  • Built in 1989

Lot Details

  • 0.38

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding
  • Cement Board or Planked

Interior Spaces

  • Combination Kitchen and Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Deck
  • 0.38 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 103094001040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,430

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Washer/Dryer Hookups
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.38
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 912
  • Parcel Number: 103094001040
  • Stories: Bi-Level Split
  • Comp Dev Subdiv Name: Willow creek Estates 1st Addnt
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 12x14, On Level: Main
  • Room 2: Dining Room, 9x12, On Level: Main
  • Room 3: Family Room, 12x21, On Level: Lower
  • Room 4: Kitchen, 8x12, On Level: Main
  • Room 5: Bedroom, 11x13, On Level: Main
  • Room 6: Bedroom, 10x13, On Level: Main
  • Room 7: 9x11, On Level: Lower
  • Room 9: Den/Office, 10x10, On Level: Lower
  • Room 10: Deck, 12x16, On Level: Main
  • Basement Features: Partially Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 984
  • Below Grade Finished Sq Ft: 577
  • Total Fin Square Footage: 1561

Exterior Features

  • Frontage Road: City
  • Exterior: Cement Board, Fiber Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: irregular

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2014
  • Tax Value: 1430

MLS Schools

  • School District: Buffalo-Hanover-Montrose #877

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2014
Closed on
Dec 5, 2014
Sold by
Mehalovich Christopher and Mehalovich Tara
Bought by
Herbst Clint and Herbst Diane C
Seller's Agent
Christopher Mehalovich
Minnesota Home Venture, Inc.
Buyer's Agent
James Herbst
Edina Realty, Inc.
List Price
$104,900
Sold Price
$95,000
Premium/Discount to List
-$9,900
-9.44%
Current Estimated Value
$306,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,486
Avg. Annual Appreciation
11.12%
Original Mortgage
$71,250
Outstanding Balance
$54,678
Interest Rate
3.97%
Estimated Equity
$251,838

Purchase Details

Listed on
Sep 9, 2014
Closed on
Dec 2, 2014
Sold by
Mehalovich Christopher Christopher
Bought by
Herbst Diane Diane
Seller's Agent
Christopher Mehalovich
Minnesota Home Venture, Inc.
Buyer's Agent
James Herbst
Edina Realty, Inc.
List Price
$104,900
Sold Price
$95,000
Premium/Discount to List
-$9,900
-9.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Outstanding Balance
$54,678
Interest Rate
3.97%
Estimated Equity
$251,838

Purchase Details

Closed on
Feb 25, 2005
Sold by
Engstrom Hans A and Engstrom Mary L
Bought by
French David A and French Robin M

Purchase Details

Closed on
Jul 17, 1998
Sold by
Field Michelle M and Field Fields D
Bought by
Vashro Mary L
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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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
Herbst Clint -- Concierge Title Inc
Herbst Diane Diane $95,000 --
French David A $186,000 --
Vashro Mary L $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herbst Diane Diane $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2014 12/05/14 Sold $95,000 -9.4% $61 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $104,900 +24.9% $67 / Sq Ft
07/03/2014 07/03/14 Sold $84,000 -28.4% $54 / Sq Ft View Prior Sale
06/05/2014 06/05/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $117,300 -- $75 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,282 $269,500 $75,000 $194,500
2024 $3,144 $256,900 $70,000 $186,900
2023 $3,162 $259,700 $70,000 $189,700
2022 $2,958 $241,400 $64,000 $177,400
2021 $2,756 $200,700 $50,000 $150,700
2020 $2,698 $183,500 $40,000 $143,500
2019 $2,384 $173,600 $0 $0
2018 $2,258 $162,200 $0 $0
2017 $2,024 $153,400 $0 $0
2016 $1,850 $0 $0 $0
2015 $1,430 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4672431

REALTOR® Association of Southern Minnesota

APN: 103-094-001040