NOT LISTED FOR SALE

889 Minnesota Ln SE Oronoco, MN 55960

Estimated Value: $510,000 - $547,000

3 Beds
3 Baths
3,737 Sq Ft
$140/Sq Ft Est. Value

Last Sold June 14, 2013

Last sale price $77,500 $21 Per Sq Ft

Est. 575% increase in value since last sale

Current estimated payment $3,186/month

107 Days on Market

Highlights

  • 2 Car Attached Garage
  • Property is near a preserve or public land
  • Wood Siding
  • Century Senior High School Rated A-
  • 1-Story Property

About This Home

As of June 2013

A 3 bedroom, 3 bath ranch style home with tons of square footage and attached 2-car garage. All three bedrooms are on one floor that is in need of rehab and updating.

Last Agent to Sell the Property

Jackson Raygor

RE/MAX Results - Rochester Listed on: 10/30/2012

Last Buyer's Agent

Jim Armstrong

Progressive Real Estate Services, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,886

Year Built

  • 1966

Lot Details

  • 1 Acre Lot

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Partial Basement
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Utilities

  • Boiler Heating System
  • Private Water Source
  • Private Sewer

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 842041079246

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,886

Year Built

1966

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Driveway - Gravel
  • Estimated Number of Acres: 1
  • Construction: Previously Owned
  • Parcel Number: 842041079246
  • Property Adjoins Public Land: Yes
  • Stories: 1 Story
  • Taxes With Assessments: 2618
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1966

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: On Level: Main
  • Room 2: On Level: Main
  • Room 3: On Level: Main
  • Room 4: On Level: Basement
  • Room 5: On Level: Main
  • Room 6: On Level: Basement
  • Room 9: On Level: Main
  • Room 11: On Level: Main
  • Room 12: On Level: Main
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2505
  • Below Grade Finished Sq Ft: 1232
  • Total Fin Square Footage: 3737
  • Total Square Footage: 3737

Exterior Features

  • Frontage Road: Gravel
  • Construction Type: Frame/Wood
  • Exterior: Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Boiler
  • Sewer: Private
  • Water: Private

Schools

  • School District: Pine Island #255

Lot Info

  • Estimated Lot Dimensions: Irr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2015
Bought by
Lee Benjamin Benjamin
Current Estimated Value
$522,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Outstanding Balance
$42,477
Interest Rate
3.67%
Estimated Equity
$479,776

Purchase Details

Listed on
Oct 30, 2012
Closed on
Jun 10, 2013
Bought by
Lee Benjamin Benjamin
Seller's Agent
Jackson Raygor
RE/MAX Results - Rochester
Buyer's Agent
Jim Armstrong
Progressive Real Estate Services, Inc.
List Price
$144,500
Sold Price
$77,500
Premium/Discount to List
-$67,000
-46.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.99%
Original Mortgage
$55,147
Interest Rate
3.91%

Purchase Details

Listed on
Oct 30, 2012
Closed on
Jun 5, 2013
Sold by
Federal National Mortgage Association
Bought by
Lee Benjamin
Seller's Agent
Jackson Raygor
RE/MAX Results - Rochester
Buyer's Agent
Jim Armstrong
Progressive Real Estate Services, Inc.
List Price
$144,500
Sold Price
$77,500
Premium/Discount to List
-$67,000
-46.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,147
Interest Rate
3.91%

Purchase Details

Closed on
Nov 19, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 1, 2011
Sold by
Krudwig James L and Krudwig Kathleen S
Bought by
Bac Home Loans Servicing Lp
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
Lee Benjamin Benjamin $55,000 --
Lee Benjamin Benjamin $77,500 --
Lee Benjamin -- Signature Title Midwest Serv
Federal National Mortgage Association -- None Available
Bac Home Loans Servicing Lp $297,728 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Benjamin B $30,000
Open Lee Benjamin Benjamin $55,000
Previous Owner Lee Benjamin Benjamin $55,147
Previous Owner Lee Benjamin $57,500
Previous Owner Krudwig James L $50,000
Previous Owner Krudwig James L $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2013 06/14/13 Sold $77,500 -46.4% $21 / Sq Ft
02/14/2013 02/14/13 Pending -- -- --
10/30/2012 10/30/12 For Sale $144,500 -- $39 / 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 $3,886 $440,500 $80,000 $360,500
2023 $3,886 $419,000 $65,000 $354,000
2022 $3,690 $372,200 $65,000 $307,200
2021 $3,740 $343,500 $65,000 $278,500
2020 $3,726 $343,600 $65,000 $278,600
2019 $3,366 $332,700 $45,000 $287,700
2018 $1,624 $307,300 $45,000 $262,300
2017 $3,248 $293,400 $45,000 $248,400
2016 $3,206 $288,500 $45,000 $243,500
2015 $1,438 $274,100 $45,000 $229,100
2014 $2,658 $269,700 $45,000 $224,700
2012 -- $253,300 $253,300 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jackson Raygor

    RE/MAX

  • J

    Buyer's Agent in 2013

    Jim Armstrong

    Progressive Real Estate Services, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4413719

REALTOR® Association of Southern Minnesota

APN: 84.20.41.079246

Minnesota Olmsted County Oronoco 55960

889 Minnesota Ln SE, Oronoco, MN

This home is located at 889 Minnesota Ln SE, Oronoco, MN 55960 since 30 October 2012 and is currently estimated at $522,770, approximately $139 per square foot. This property was built in 1966. 889 Minnesota Ln SE is a home located in Olmsted County with nearby schools including Century Senior High School.

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