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10 2nd Avenue Southeast

10 2nd Avenue Southeast, Elgin, MN 55932
House in Elgin
Sold Feb 28, 2020
$150,000
$120,000 by Foresight Bank
Mortgage Due Mar 01, 2050
10 2nd Avenue Southeast has been categorized by the local assessors in Elgin, MN as a residential type of property. The building on the property was first built in 1906 and is 118 years old. However, we must point out that the home was most recently renovated and altered in 1985. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 10 2nd Avenue Southeast has 2,092 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,980 ft and across the front of the lot is 950 ft. The area measurement of the land has been determined as 18,810 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a patio. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in Feb 20, 2020 for $150,000. That's $71.70 per sqft. 10 2nd Avenue Southeast was last assessed in 2023. The total value of the property was assessed at $267,500. Specifically, the land the property is located on was valued at $36,000. While improvements on the property were assessed at a total of $231,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,332. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Carport

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1985
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 18,810
  • Lot Size Depth Feet: 1,980
  • Lot Size Frontage Feet: 950
  • Total Building Area: 2,092
  • Gross Building Area: 1,322
  • Building Area: 2,092
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,092
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN OF ELGIN (ELGIN CITY)
  • Land Acres: 0.431
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-27 TWP-108 RANGE-012 TOWN OF ELGIN (ELGIN CITY) W 198' OF LOT 5 & W 118' OF N 15' OF LOT 6 BLK 4 (WWW)

Ownership

  • Current Owner : BENOIT IAN R
  • Current Owner 2: BENOIT ELIZABETH G
  • Previous Owner : SMITH BRIAN
  • Previous Owner 2: SMITH KELLIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Plainview-Elgin-Millville
  • School Tax School District: SD 2899
  • Census Tract: 490500

Geography

  • District: 1903
  • Parcel: R19.00039.00
  • Block: 4
  • Lot: 5-6
  • Meridian: SEC 27 TWN 108 RNG 12
  • Municipality: ELGIN CITY
  • Latitude: 44.1305
  • Longitude: -92.249

    Address

  • Full Address: 10 2nd Ave Se
  • Address - House Number: 10
  • Street Segment Direction: SE
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Elgin
  • Carrier Code: R021
  • 4-Digit Zip Code: 9651
  • Zip Code: 55932

Valuation

    Tax

  • Total Area: 1,865
  • Tax Year: 2023
  • Tax Amount: $3,332

    Appraisal Valuation

  • Standard Deviation: 0.193
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 275,859
  • High Value: 329,122
  • Low Value: 222,596

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: FORESIGHT BANK
  • First Open Lien Mortgage Recording Date: Feb 28, 2020
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050
  • Second Open Lien Mortgage Lender: FORESIGHT BANK
  • Second Open Lien Mortgage Recording Date: Mar 04, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 04, 2036

    Market Valuation

  • Market Total Value: $267,500
  • Market Land Value: $36,000
  • Market Improvement Value: $231,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $267,500
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $231,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 20, 2020
  • Current Sale Recording Date: Feb 28, 2020
  • Current Sale Transaction ID: 11745666399
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 337936

    Last Sale Mortgage

  • First Mortgage Lender: FORESIGHT BANK
  • First Mortgage Transaction Date: Feb 28, 2020
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

About Elgin



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Frequently Asked Questions

What neighborhood is 10 2nd Avenue Southeast located in?
The 10 2nd Avenue Southeast is a house located in the neighborhood of Elgin in Elgin, Elgin.
What is the average sales price for listings in 10 2nd Avenue Southeast?
The average sales price for units in 10 2nd Avenue Southeast is $155,000 , or $68/sqft. currently.

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