NOT LISTED FOR SALE

7330 260th St W Morristown, MN 55052

Estimated Value: $328,000 - $504,735

3 Beds
1.5 Baths
1,240 Sq Ft
$345/Sq Ft Est. Value

Last Sold July 24, 2017

Last sale price $188,500 $152 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,567/month

139 Days on Market

Highlights

  • Guest House
  • Pole Barn
  • Bunk House
  • Community Stables
  • No HOA
  • Machine Shed

About This Home

As of July 2017

Great country setting ready for horses or huge Gardens. There are large outbuildings over 7. The land is flat and very easy to work with it. Has a great shelterbelt. Septic and well are in compliance. A survey was just completed. Approximately 6 miles to Cannon Lake and 7 miles to Interstate 35W and the City of Faribault. Many updates to the home including furnace, water heater, sump pump, pressure tank, some windows siding and roof.

Last Listed By

Tim Strobel

D & L Real Estate, Inc. Listed on: 01/07/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $970

Year Built

  • Built in 1900

Lot Details

  • 8.83 Acre Lot
  • Lot Dimensions are 633 x 577
  • Poultry Coop
  • Few Trees

Parking

  • 9 Car Garage
  • Uncovered Parking
  • Parking Fee

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • 2-Story Property
  • Sump Pump

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Pole Barn
  • Separate Outdoor Workshop
  • Storage Shed

Additional Homes

  • Guest House

Farming

  • Bunk House
  • Machine Shed
  • Agricultural

Utilities

  • Forced Air Heating System
  • Well
  • Mound Septic
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 1336125002

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Stables

Home Details

Home Type

Single Family

Est. Annual Taxes

$970

Year Built

Built in 1900

Lot Details

0

Parking

9

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: None
  • Outside Features: Vinyl
  • Garage Spaces: 9.00
  • Accessibility Features: None
  • Water Source: Well
  • Fuel Type: Propane
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1240.00
  • Above Grade Finished Area Search: 1240.00
  • Assessment Pending Y N: No
  • Carport Y N: No
  • Floor Plan Type: 3 BR on One Level, All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 12386
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1240.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 1336125002
  • Property Out Building Type: Barn(s), Bunk House, Garage(s), Guest House, Hen house, Hog House, Other, Pole Building, Shed - Machine, Shed - Storage, Stables, Workshop
  • Rental License: No
  • Stories Type: Two
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Stone, Sump Pump
  • Dining Room Features: Eat In Kitchen, Informal Dining Room, Kitchen/Dining Room
  • Bathroom Type: Main Floor 1/2 Bath, Upper Level Full Bath
  • Fireplace: No
  • Stories: 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • One Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt Shingles

Garage/Parking

  • Parking Features: Driveway - Gravel, More Parking Onsite for Fee, Other, Uncovered/Open

Utilities

  • Heating: Forced Air
  • Sewer: Mound, Private

Association/Amenities

  • Association Fee Yn: No

Schools

  • School District: 2143 - Waterville-Elysian-Morristown
  • School District Phone: 507-275-3115

Lot Info

  • Zoning: Agriculture, Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Out Building Count: 12
  • Assessment Pending: No
  • Lot Size: 633 x 577
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Tree Coverage - Light
  • Lot Size Acres: 8.8260
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: See attached legal description
  • Tax Amount: 970.00
  • Tax Year: 2017
  • Tax With Assessments: 970.00
  • Assessor Parcel Number: 1336125002

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 2143 - Waterville-Elysian-Morristown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2017
Closed on
Jul 13, 2017
Sold by
Minnie Llc
Bought by
Culhane Ryan and Culhane Stephanie
Seller's Agent
Tim Strobel
D & L Real Estate, Inc.
Buyer's Agent
Trevor Bauer
Edina Realty, Inc. - Faribault
List Price
$295,000
Sold Price
$188,500
Premium/Discount to List
-$106,500
-36.1%
Total Days on Market
139
Current Estimated Value
$409,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,736
Avg. Annual Appreciation
11.10%
Original Mortgage
$328,500
Interest Rate
3.93%
Mortgage Type
Closed End Mortgage

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
Culhane Ryan $188,500 None Available
Minnie Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Culhane Ryan $328,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2017 07/24/17 Sold $188,500 +1.4% $152 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/15/2017 05/15/17 Price Changed $185,900 -37.0% $150 / Sq Ft
01/07/2017 01/07/17 For Sale $295,000 -- $238 / 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 $3,438 $444,200 $149,000 $295,200
2024 $3,438 $411,000 $132,000 $279,000
2023 $2,986 $411,000 $132,000 $279,000
2022 $2,834 $369,300 $118,000 $251,300
2021 $2,794 $309,500 $105,700 $203,800
2020 $2,456 $294,400 $103,200 $191,200
2019 $2,332 $259,000 $103,200 $155,800
2018 $920 $235,200 $103,200 $132,000
2017 $954 $140,800 $91,000 $49,800
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST4785507

NorthstarMLS

APN: 13.36.1.25.002