NOT LISTED FOR SALE

8489 187th Ave NE New London, MN 56273

Estimated Value: $282,976 - $342,000

4 Beds
2 Baths
2,296 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $230,000 $100 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,107/month

213 Days on Market

Highlights

  • Family Room with Fireplace
  • Main Floor Primary Bedroom
  • No HOA
  • Prairie Woods Elementary School Rated 9+
  • Sun or Florida Room
  • The kitchen features windows

About This Home

As of December 2022

Price Reduced at Excellent 4 Bedroom, 2 Bath home in great location on over 1 Acre within walking distance to town, yet "country" enough to see all the wildlife! This home was updated in 2016 with a Main Floor Master Bedroom & Bath and Living Room with Bamboo flooring. The basement includes a room that could be used as an Office, Playroom or create a Family Room -- there's also tons of Storage space! Enjoy coffee from any of the multiple decks and 3 Season Porch; you're bound to see lots of Birds, Deer, Turkey and even Fox in the yard! The Garage is an Insulated & Heated Shop on the main floor & additional storage underneath. Want to renovate this home or build another garage? Renovation Financing available There's potential to build an additional garage on the property if you desire (2-3+ stalls). Fruit trees on the property include crab apple, plum, cherry, wild plums, bridal wreath plants, mock orange & honey locust. Call now for your Private Showing!

Last Agent to Sell the Property

Jenna Vikse

Jane Vikse Real Estate Listed on: 04/11/2022

Co-Listed By

JaLanny Vikse

Jane Vikse Real Estate

Last Buyer's Agent

Earl Rich

New London Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,922

Year Built

  • Built in 2016

Lot Details

  • 1.34 Acre Lot
  • Lot Dimensions are 216x280x205x266
  • Few Trees

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Electric Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Partially Finished Basement

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Propane
  • Private Water Source
  • Water Softener is Owned

Additional Features

  • Grab Bar In Bathroom
  • Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 270100320

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,922

Year Built

Built in 2016

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Wall Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: Doors 36"+, Grab Bars In Bathroom, Partially Wheelchair
  • Fireplaces: 2
  • Water Source: Private
  • Year Built: 2016
  • Above Grade Finished Sq Ft: 1720
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished
  • Appliances: Dishwasher, Dryer, Freezer, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Electric, Family Room, Gas, Living Room
  • Living Area: 2296
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 576
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Porch, Sun Room
  • SqFtTotal: 2296.00

Beds/Baths

  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Porch,Sun Room,Washer/Dryer Hookup

Schools

  • Junior High Dist: New London-Spicer
  • SchoolDistrictPhone: 320-354-2252

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 216x280x205x266
  • Lot Size Sq Ft: 58370.4
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 270100320
  • Tax Annual Amount: 1922
  • TaxWithAssessments: 1922.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Dec 16, 2022
Sold by
True Chyde
Bought by
Olson Derek and Olson Sarah
Seller's Agent
Jenna Vikse
Jane Vikse Real Estate
Buyer's Agent
Earl Rich
New London Real Estate, Inc.
List Price
$287,000
Sold Price
$230,000
Premium/Discount to List
-$57,000
-19.86%
Views
8
Current Estimated Value
$313,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,994
Avg. Annual Appreciation
11.46%
Original Mortgage
$184,000
Outstanding Balance
$178,479
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$135,515
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
Olson Derek $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Derek $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $230,000 +2.2% $100 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
10/25/2022 10/25/22 Price Changed $225,000 -10.0% $98 / Sq Ft
10/11/2022 10/11/22 Price Changed $249,900 -2.8% $109 / Sq Ft
09/14/2022 09/14/22 Price Changed $257,000 -3.7% $112 / Sq Ft
08/15/2022 08/15/22 Price Changed $267,000 -2.9% $116 / Sq Ft
07/27/2022 07/27/22 Price Changed $274,900 -0.8% $120 / Sq Ft
07/19/2022 07/19/22 Price Changed $277,000 -3.5% $121 / Sq Ft
07/13/2022 07/13/22 Price Changed $287,000 0.0% $125 / Sq Ft
07/13/2022 07/13/22 For Sale $287,000 -1.0% $125 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
05/23/2022 05/23/22 Price Changed $289,900 -2.4% $126 / Sq Ft
04/04/2022 04/04/22 For Sale $297,000 -- $129 / 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 $5,464 $277,100 $44,000 $233,100
2024 $5,586 $250,000 $38,000 $212,000
2023 $2,244 $246,600 $38,000 $208,600
2022 $2,210 $221,100 $38,000 $183,100
2021 $1,922 $189,600 $38,000 $151,600
2020 $1,776 $183,000 $38,000 $145,000
2019 $1,582 $171,700 $38,000 $133,700
2018 $926 $154,800 $34,000 $120,800
2017 $948 $103,600 $31,000 $72,600
2016 $938 $788 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6174222

NorthstarMLS

APN: 27-010-0320