NOT LISTED FOR SALE

7797 438th St Rice, MN 56367

Estimated Value: $333,000 - $450,000

2 Beds
1 Bath
1,228 Sq Ft
$312/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $95,000 $77 Per Sq Ft

Est. 308% increase in value since last sale

Current estimated payment $2,266/month

13 Days on Market

Highlights

  • Deck
  • Patio
  • Forced Air Heating System
  • Vaulted Ceiling
  • Bathroom on Main Level
  • Combination Kitchen and Dining Room

About This Home

As of December 2012

Great bank owned opportunity for the right buyer/investor. Newer 2 bed 1 bath home w/+ 1200 sq ft finished & studded unfinished basement. Home has been stripped of the furnace, central A/C unit & kitchen island & needs work but has tremendous potential.

Last Agent to Sell the Property

Roger Schleper

Premier Real Estate Services Listed on: 11/08/2012

Co-Listed By

Jeremy Forsell

Premier Real Estate Services

Last Buyer's Agent

Frances Altman

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,748

Year Built

  • 1999

Lot Details

  • 1.75 Acre Lot
  • Lot Dimensions are 310x240
  • Property fronts a county road
  • Many Trees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,228 Sq Ft Home
  • Vaulted Ceiling
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Private Sewer

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 04022550358

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,748

Year Built

1999

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Vaulted Ceilings
  • Amenities Exterior: Deck, Patio
  • Estimated Number of Acres: 1.75
  • Assessment Balance: 10
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 1008
  • Parcel Number: 04022550358
  • Projected Closed Date: 12/30/2012
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1546
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Dining Room: Combine with Kitchen
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 12x14, On Level: Main
  • Room 2: Dining Room, 9x10, On Level: Main
  • Room 3: Family Room, 11x19, On Level: Upper
  • Room 4: Kitchen, 9x11, On Level: Main
  • Room 5: Bedroom, 11x17, On Level: Main
  • Room 6: Bedroom, 11x11, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1228
  • Total Fin Square Footage: 1228

Exterior Features

  • Frontage Road: County
  • Exterior: Metal
  • Roof: Asphalt Shingles

Utilities

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

Schools

  • School District: Sauk Rapids-Rice #47

Lot Info

  • Estimated Lot Dimensions: 310x240
  • Lot/Land Description: Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 1999
Sold by
Schimnich Construction Inc
Bought by
Welty Shawn
Current Estimated Value
$387,256

Purchase Details

Closed on
May 27, 1999
Sold by
Haggerty William
Bought by
Schimnich Kurt
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
Welty Shawn $118,000 --
Schimnich Kurt $24,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold $95,000 -4.7% $77 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
11/08/2012 11/08/12 For Sale $99,700 -- $81 / 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 $2,748 $346,800 $69,800 $277,000
2024 $2,748 $297,200 $69,800 $227,400
2023 $2,834 $319,800 $69,800 $250,000
2022 $2,452 $222,200 $54,100 $168,100
2021 $2,506 $222,200 $54,100 $168,100
2020 $2,494 $220,300 $54,100 $166,200
2019 $2,408 $193,800 $54,100 $139,700
2018 $2,090 $173,000 $51,400 $121,600
2017 $1,970 $153,100 $49,400 $103,700
2016 $1,922 $0 $0 $0
2015 $1,938 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Roger Schleper

    Premier Real Estate Services

  • J

    Seller Co-Listing Agent in 2012

    Jeremy Forsell

    Premier Real Estate Services

  • F

    Buyer's Agent in 2012

    Frances Altman

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4416132

REALTOR® Association of Southern Minnesota

APN: 04.02255.0358

Minnesota Benton County Rice 56367

7797 438th St, Rice, MN

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