NOT LISTED FOR SALE

705 W Welco Dr Montgomery, MN 56069

Estimated Value: $386,000 - $449,000

4 Beds
3.5 Baths
2,644 Sq Ft
$158/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $381,000 $144 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,742/month

58 Days on Market

Highlights

  • Deck
  • No HOA
  • 3 Car Attached Garage
  • Recreation Room
  • The kitchen features windows
  • Forced Air Heating and Cooling System

About This Home

As of January 2024

Exceptional 2-story residence with 4 bedrooms, 4 bathrooms, and the option to add a 5th bedroom. This home features steel siding and a newer roof, ensuring both durability and peace of mind. The main level boasts new floors, and recent upgrades extend to a freshly redone front patio and deck. The large, flat backyard is an ideal space for various outdoor activities and includes a garden shed. Tucked away on a peaceful dead-end street. Its proximity to Montgomery High School adds to its convenience. If you're seeking a spacious home with a great location, this property is a must-see!

Last Agent to Sell the Property

Andrea Kraft

Engel & Volkers Prior Lake Listed on: 11/13/2023

Engel & Volkers Prior Lake

Last Buyer's Agent

Halle E. Walgrave

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,898

Year Built

  • Built in 1994

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 83x159

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Recreation Room
  • The kitchen features windows
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Sump Pump
  • Basement Window Egress

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Welco West 2Nd Sub Div Subdivision

Listing and Financial Details

  • Assessor Parcel Number 227410380

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,898

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1994
  • Above Grade Finished Sq Ft: 1698
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Egress Window(s), Finished, Sump Pump
  • Fireplace Features: Gas, Living Room
  • Living Area: 2644
  • Below Grade Finished Sq Ft: 946
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Recreation Room, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 731

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Paneled Doors,Porch,Satelite Dish,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Tri-City United
  • SchoolDistrictNumber: 2905
  • SchoolDistrictPhone: 507-364-8100

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 83x159
  • Lot Size Sq Ft: 13198.68
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 227410380
  • Tax Annual Amount: 4898
  • TaxWithAssessments: 5088.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Jan 25, 2024
Sold by
Smisek Bruce and Smisek Sheila
Bought by
Rhein Jacob and Rhein Jennifer
Seller's Agent
Andrea Kraft
Engel & Volkers Prior Lake
Buyer's Agent
Halle E. Walgrave
RE/MAX Advantage Plus
List Price
$384,900
Sold Price
$381,000
Premium/Discount to List
-$3,900
-1.01%
Views
274
Current Estimated Value
$417,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,329
Avg. Annual Appreciation
6.01%
Original Mortgage
$278,545
Outstanding Balance
$274,184
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$143,145

Purchase Details

Closed on
Sep 4, 2009
Sold by
Skogerboe Bradley and Skogerboe Jill
Bought by
Koppelman Timothy J and Senst Elizabeth A
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
Rhein Jacob $381,000 --
Koppelman Timothy J $161,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhein Jacob $278,545
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $381,000 +0.3% $144 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
11/28/2023 11/28/23 Price Changed $379,900 -1.3% $144 / Sq Ft
11/13/2023 11/13/23 For Sale $384,900 -- $146 / 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 $5,614 $354,800 $54,500 $300,300
2024 $5,372 $354,800 $54,500 $300,300
2023 $5,088 $354,800 $54,500 $300,300
2022 $3,996 $327,700 $54,500 $273,200
2021 $3,890 $264,700 $50,500 $214,200
2020 $3,582 $256,600 $47,500 $209,100
2019 $3,376 $232,200 $44,618 $187,582
2018 $3,361 $211,700 $44,026 $167,674
2017 $3,039 $191,800 $40,624 $151,176
2016 $2,952 $170,700 $36,233 $134,467
2015 $2,937 $170,700 $36,233 $134,467
2014 $2,283 $129,300 $30,040 $99,260
2013 $2,312 $130,600 $30,106 $100,494
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6459387

NorthstarMLS

APN: 22.741.0380