NOT LISTED FOR SALE

8456 88th St S Cottage Grove, MN 55016

Estimated Value: $299,801 - $323,000

3 Beds
2 Baths
1,320 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 29, 2012

Last sale price $138,000 $105 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,075/month

17 Days on Market

Highlights

  • 1 Car Attached Garage
  • Landscaped with Trees
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen
  • Tile Flooring
  • Dining Room

About This Home

As of August 2012

OPPORTUNITY! BANK OWNED! Newly updated 3BR/2BA 3-level! New kitchen cabinets, countertops & tile floors! Two updated baths! New carpet! Fresh paint! New vinyl siding! New roof! Large private backyard! Immediate possession! WOW - hurry!

Last Agent to Sell the Property

Lee Arntz

RE/MAX Results Listed on: 07/13/2012

Co-Listed By

John Hutchinson

RE/MAX Results

Last Buyer's Agent

Dale Frisch

Attractive Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,440

Year Built

  • Built in 1963

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 76x150
  • Landscaped with Trees

Home Design

  • Tri-Level Property
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • Dining Room
  • Tile Flooring
  • Eat-In Kitchen
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1602721310078

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,440

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Tiled Floors
  • Amenities Exterior: Driveway - Asphalt
  • Estimated Number of Acres: 0.26
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 960
  • Parcel Number: 1602721310078
  • Projected Closed Date: 08/29/2012
  • Stories: Tri-Level Split
  • Taxes With Assessments: 2440
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Informal Dining Room
  • Appliances: Dryer, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 17x13, On Level: Main
  • Room 2: Dining Room, 10x8, On Level: Main
  • Room 3: Family Room, 21x13, On Level: Lower
  • Room 4: Kitchen, 10x10, On Level: Main
  • Room 5: Bedroom, 13x10, On Level: Upper
  • Room 6: Bedroom, 11x10, On Level: Upper
  • Room 7: 10x9, On Level: Upper
  • Basement Features: Finished
  • Finished Above Grade Sq Ft: 960
  • Below Grade Finished Sq Ft: 360
  • Total Fin Square Footage: 1320

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: South Washington Co.  #833

Lot Info

  • Estimated Lot Dimensions: 76x150
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1963

Tax Info

  • Year: 2012
  • Tax Value: 2440

MLS Schools

  • School District: South Washington Co.  #833

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2012
Closed on
Aug 29, 2012
Sold by
Premier Bank
Bought by
Gilbert John F
Seller's Agent
Lee Arntz
RE/MAX Results
Buyer's Agent
Dale Frisch
Attractive Realty
List Price
$134,900
Sold Price
$138,000
Premium/Discount to List
$3,100
2.3%
Total Days on Market
17
Current Estimated Value
$312,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,384
Avg. Annual Appreciation
6.52%
Original Mortgage
$131,100
Outstanding Balance
$91,640
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$218,060

Purchase Details

Closed on
Mar 6, 2012
Sold by
Greater Minneapolis Properties Llc
Bought by
Premier Bank

Purchase Details

Closed on
Oct 28, 2005
Sold by
Larson Darlene A
Bought by
Jarchow Kathy
Source: Public Records

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Range of Values:

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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
Gilbert John F $138,000 Home Title
Premier Bank $95,000 None Available
Jarchow Kathy $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert John F $131,100
Previous Owner Greater Minneapolis Properties Llc $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2012 08/29/12 Sold $138,000 +2.3% $105 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $134,900 -- $102 / 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 $3,958 $272,300 $100,000 $172,300
2023 $3,958 $287,800 $120,000 $167,800
2022 $2,906 $266,600 $110,400 $156,200
2021 $2,796 $221,500 $91,700 $129,800
2020 $2,770 $216,200 $93,000 $123,200
2019 $2,516 $208,600 $85,000 $123,600
2018 $2,374 $187,500 $78,000 $109,500
2017 $1,992 $175,300 $74,000 $101,300
2016 $2,124 $153,300 $54,000 $99,300
2015 $1,846 $131,300 $47,600 $83,700
2013 -- $110,100 $41,100 $69,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4345561

REALTOR® Association of Southern Minnesota

APN: 16-027-21-31-0078