NOT LISTED FOR SALE

73648 State Highway 16 Grand Meadow, MN 55936

Estimated Value: $279,000 - $412,000

4 Beds
3.5 Baths
3,971 Sq Ft
$92/Sq Ft Est. Value

Last Sold September 28, 2012

Last sale price $202,500 $51 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,767/month

11 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Formal Dining Room
  • Heated Floors
  • Whirlpool Bathtub
  • 7 Car Garage

About This Home

As of September 2012

Fantastic 3+ acre property on the edge of town. Remodeling & updates are evident everywhere but still boasting a ton of character, wood floors & original woodwork. In-floor heat in house & 2-stall attached garage. Spacious rooms, finished walk-up attic. 3-stall detached garage, NEW 30x40 finished shop with 12' doors & 14' sidewalls. Property is a must see. See supplement for more details.

Last Agent to Sell the Property

Ryan Queensland

Land Resource Mgmt & Rlty, Inc. Listed on: 08/02/2012

Last Buyer's Agent

Ryan Queensland

Land Resource Mgmt & Rlty, Inc. Listed on: 08/02/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,108

Year Built

  • 1900

Lot Details

  • 3.06 Acre Lot
  • Property fronts a county road
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,971 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Walkup Attic
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Sump Pump
  • Drain
  • Block Basement Construction

Parking

  • 7 Car Garage
  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Deck
  • Storage Shed
  • Porch

Utilities

  • Central Air
  • Boiler Heating System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Water Softener is Owned
  • Fuel Tank

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 250080585

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,108

Year Built

1900

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Walk-up Attic, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Gravel, Porch, RV Parking
  • Estimated Number of Acres: 3.06
  • Foreclosure: Undisclosed
  • Mechanicals: Fuel Tank-Rented, Water Softener-Owned, Sump Pump
  • Parcel Number: 250080585
  • Property Adjoins Public Land: Yes
  • Stories: 2 Story
  • Taxes With Assessments: 4174
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath, Separate Tub & Shower, Upper Level Bath, Whirlpool
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: On Level: Second Floor
  • Room 2: On Level: Second Floor
  • Room 3: On Level: Second Floor
  • Room 4: On Level: Main
  • Room 5: On Level: Main
  • Room 6: On Level: Main
  • Room 7: On Level: Main
  • Room 9: On Level: Main
  • Room 11: On Level: Basement
  • Room 12: On Level: Main
  • Room 15: On Level: Third Floor
  • Basement Features: Drainage System, Sump Pump, Unfinished
  • Basement Material: Concrete Block, Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3971
  • Total Fin Square Footage: 3971
  • Total Square Footage: 5143

Exterior Features

  • Frontage Road: County
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Storage Shed

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 7

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Owned
  • Heat: Boiler, In Floor
  • Sewer: City
  • Water: Private

Schools

  • School District: Grand Meadow #495

Lot Info

  • Estimated Lot Dimensions: 3.06 ac
  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2016
Sold by
Rippie Michael J and Rippie Tracy J
Bought by
Nichols Christopher D and Perez Nichols Laura E
Current Estimated Value
$393,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,763
Outstanding Balance
$199,334
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$185,540

Purchase Details

Closed on
Dec 7, 2016
Sold by
South East Minnesota Realty
Bought by
Rippie Michael J and Rippie Tracy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,763
Outstanding Balance
$199,334
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$185,540

Purchase Details

Closed on
Dec 5, 2016
Sold by
Agstar Financial Services Aca
Bought by
Rippie Michael J and Rippie Tracy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,763
Outstanding Balance
$199,334
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$185,540

Purchase Details

Listed on
Aug 2, 2012
Closed on
Sep 28, 2012
Sold by
Polkowske Patrick and Krumm Kelly J
Bought by
Ripple Michael J and Ripple Tracy J
Seller's Agent
Ryan Queensland
Land Resource Mgmt & Rlty, Inc.
Buyer's Agent
Ryan Queensland
Land Resource Mgmt & Rlty, Inc.
List Price
$219,900
Sold Price
$202,500
Premium/Discount to List
-$17,400
-7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$102,500
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2010
Sold by
Roberts Edward G and Roberts Jill A
Bought by
Polkowske Patrick and Krumm Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,176
Interest Rate
5.25%
Mortgage Type
FHA
Source: Public Records

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
Nichols Christopher D $242,152 Home Title Inc
Rippie Michael J -- --
Rippie Michael J -- --
Ripple Michael J $202,500 North American Title Company
Polkowske Patrick $204,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Christopher D $237,763
Previous Owner Rippie Michael $192,000
Previous Owner Ripple Michael J $102,500
Previous Owner Polkowske Patrick $202,176
Previous Owner Roberts Edward G $204,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2012 09/28/12 Sold $202,500 -7.9% $51 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
08/02/2012 08/02/12 For Sale $219,900 -- $55 / 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
2024 $7,108 $324,200 $51,000 $273,200
2023 $4,642 $354,000 $51,000 $303,000
2022 $4,648 $307,900 $51,000 $256,900
2021 $4,228 $278,700 $35,200 $243,500
2020 $4,084 $234,200 $35,200 $199,000
2018 $1,798 $212,500 $35,200 $177,300
2017 $3,596 $0 $0 $0
2016 $3,412 $0 $0 $0
2015 $4,174 $0 $0 $0
2012 $4,174 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4384151

REALTOR® Association of Southern Minnesota

APN: 25-008-0585