NOT LISTED FOR SALE

7674 Meridian Ave S Montrose, MN 55363

Estimated Value: $449,000 - $903,798

1 Bed
2 Baths
2,100 Sq Ft
$345/Sq Ft Est. Value

Last Sold September 27, 2012

Last sale price $252,000 $120 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $4,433/month

83 Days on Market

Highlights

  • Lake Front
  • 56 Acre Lot
  • Wood Flooring
  • Barn
  • Hilly Lot
  • Workshop

About This Home

As of September 2012

56 acres **** 1500 ft off lakeshore!!! Home and out buildings are in need of repair. Parcel can be divided with restrictions. **USE EXTREME CAUTION WHEN ENTERING OUT BUILDINGS***

Last Agent to Sell the Property

Craig Murphy

EPIC Realty, Inc Listed on: 04/13/2012

Last Buyer's Agent

Jeffrey Vanderlinde

RE/MAX Edge

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,910

Year Built

  • Built in 1890

Lot Details

  • 56 Acre Lot
  • Lake Front
  • Property fronts a county road
  • Irregular Lot
  • Hilly Lot

Home Design

  • Farm
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Workshop
  • Wood Flooring
  • Finished Basement
  • Partial Basement
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk Through Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Farming

  • Barn
  • Crops Farm
  • Hobby or Recreation Farm
  • Machine Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 220000124100

Property Details

Property Type

Other

Est. Annual Taxes

$1,910

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: Farms
  • Classification: Nonhomestead
  • Sub Type: Farm
  • Amenities: Hardwood Floors, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Porch
  • Assessment Balance: 158
  • Assessments: Unknown
  • Foundation Size: 900
  • Hobby Farm: Yes
  • Parcel Number: 220000124100
  • Projected Closed Date: 09/28/2012
  • Stories: 2 Story
  • Taxes With Assessments: 2068
  • Estimated Number of Acres: 56
  • Estimated Tillable Acres: 40
  • Topography: Hilly
  • Farm Type: Crop, Hobby
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Dining Room: Combined With Kitchen, Eat-In Kitchen
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 1
  • Bathroom Description: Main Floor Full Bath, Master Walk-Thru
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement Features: Finished
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1500
  • Below Grade Finished Sq Ft: 600
  • Total Fin Square Footage: 2100

Exterior Features

  • Frontage Road: County
  • LakeAcres: 429.29
  • Soil Type: Clay
  • Exterior: Wood
  • Out Buildings: Barn, MacHine Shed, Workshop
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Buffalo-Hanover-Montrose #877

Lot Info

  • Lot/Land Description: Irregular Lot
  • Estimated Lot Dimensions: Getting

Building Info

  • Year Built: 1890

Tax Info

  • Year: 2011
  • Tax Value: 1910

MLS Schools

  • School District: Buffalo-Hanover-Montrose #877

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2012
Closed on
Sep 27, 2012
Sold by
Us Bank National Association
Bought by
Kroells Gary and Kroells Amy
Seller's Agent
Craig Murphy
EPIC Realty, Inc
Buyer's Agent
Jeffrey Vanderlinde
RE/MAX Edge
List Price
$299,900
Sold Price
$252,000
Premium/Discount to List
-$47,900
-15.97%
Current Estimated Value
$723,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,950
Avg. Annual Appreciation
8.40%
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
Kroells Gary $252,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2012 09/27/12 Sold $252,000 -16.0% $120 / Sq Ft
07/05/2012 07/05/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $299,900 -- $143 / 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 $7,504 $786,600 $272,600 $514,000
2024 $6,994 $750,400 $264,600 $485,800
2023 $6,762 $729,600 $241,100 $488,500
2022 $7,070 $656,700 $230,100 $426,600
2021 $7,144 $615,600 $222,300 $393,300
2020 $7,150 $601,700 $222,300 $379,400
2019 $4,510 $587,900 $0 $0
2018 $1,822 $394,800 $0 $0
2017 $1,624 $172,700 $0 $0
2016 $842 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Craig Murphy

    EPIC Realty, Inc

  • J

    Buyer's Agent in 2012

    Jeffrey Vanderlinde

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3455909

REALTOR® Association of Southern Minnesota

APN: 220-000-124101

Minnesota Wright County Montrose 55363

7674 Meridian Ave S, Montrose, MN

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