K
Seller's Agent in 2022
KaLea Swenson
Edina Realty, Inc.
(507) 531-6069
11 in this area
265 Total Sales
720 E Elm St Redwood Falls, MN 56283
Estimated Value: $86,000 - $124,000
2
Beds
1
Bath
886
Sq Ft
$123/Sq Ft
Est. Value
Highlights
- Bonus Room
- No HOA
- Eat-In Kitchen
- Corner Lot
- The kitchen features windows
- Patio
About This Home
As of December 2022Say HELLO to 720 E Elm Street. Nestled on a large corner lot with a 2 stall garage, this beautiful little home has been updated from head to toe! Stepping in the front door you will notice brand new LVP flooring throughout, a remodeled kitchen with ceiling height cabinetry, new appliances, and a tile backsplash, & new sheetrock, trim, and light fixtures throughout. The main floor boasts two bedrooms and a full bathroom. The lower level has a walkout with patio access and access across the yard to the detached 2 stall garage. The lower level features a bonus room that could be used as a bedroom, laundry, and plenty of storage space!!! The home features central AC (added in 2022), forced air furnace, shingles (2017), and vinyl siding. Whether you have been looking to downsize or have been wanting an investment property - you cannot go wrong with this one! Schedule your showing today to view this wonderfully updated and cozy home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $500
Year Built
- Built in 1885
Lot Details
- 7,710 Sq Ft Lot
- Lot Dimensions are 64x120
- Corner Lot
Parking
- 2 Car Garage
- Heated Garage
Home Design
- Flex
Interior Spaces
- 1-Story Property
- Living Room
- Bonus Room
- Storage Room
- Utility Room
- Partially Finished Basement
- Basement Storage
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Additional Features
- Patio
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Watsons Third Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 888671460
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2022
Closed on
Dec 16, 2022
Sold by
Fischer Baylee
Bought by
Schmidt Bailey
Seller's Agent
KaLea Swenson
Edina Realty, Inc.
Buyer's Agent
Tina Giernet
Truly Home Real Estate
List Price
$94,900
Sold Price
$90,000
Premium/Discount to List
-$4,900
-5.16%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,020
Avg. Annual Appreciation
7.28%
Original Mortgage
$88,369
Outstanding Balance
$85,893
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$23,127
Purchase Details
Closed on
Jun 12, 2021
Bought by
Fischer Baylee Baylee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,003
Interest Rate
2.96%
Purchase Details
Closed on
May 28, 2019
Sold by
Andrew Nielsen
Bought by
Sawatzky Duane
Purchase Details
Closed on
Nov 20, 2008
Bought by
Nielsen Andrew
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schmidt Bailey | $90,000 | -- | |
| Fischer Baylee Baylee | $55,000 | -- | |
| Sawatzky Duane | $45,000 | -- | |
| Nielsen Andrew | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schmidt Bailey | $88,369 | |
| Previous Owner | Fischer Baylee Baylee | $54,003 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2022 12/16/22 | Sold | $90,000 | -5.2% | $102 / Sq Ft |
| 11/03/2022 11/03/22 | Pending | -- | -- | -- |
| 10/28/2022 10/28/22 | For Sale | $94,900 | -- | $107 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $814 | $76,700 | $15,700 | $61,000 |
| 2024 | $708 | $74,400 | $15,700 | $58,700 |
| 2023 | $628 | $67,500 | $15,700 | $51,800 |
| 2022 | $568 | $59,800 | $15,700 | $44,100 |
| 2021 | $814 | $50,200 | $15,700 | $34,500 |
| 2020 | $884 | $47,800 | $15,100 | $32,700 |
| 2019 | $566 | $47,600 | $10,500 | $37,100 |
| 2018 | $534 | $46,100 | $9,000 | $37,100 |
| 2017 | $488 | $0 | $0 | $0 |
| 2016 | $454 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
KaLea Swenson
-
Tina Giernet
Buyer's Agent in 2022
Tina Giernet
Truly Home Real Estate
(320) 522-3598
23 in this area
81 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6302575
APN: 88-867-1460
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