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116 Main Street East

116 Main Street East, Wabasha, MN 55981
Property in Wabasha
1 Units For Sale
Unit for sale at 116 Main Street E, Wabasha, MN 55981

$325,000

  • Commercial
116 Main Street E, Wabasha, MN 55981 Listing by Michelle Babcock

116 Main Street East has been categorized by the local assessors in Wabasha, MN as a residential type of property. The building on the property was first built in 1880 and is 144 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 116 Main Street East has 950 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 276 square feet.

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 open porch. The building has a flat style roof made of roll composition. The exterior walls of the building are made of stucco. While the interior walls have been made of masonry. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a window/unit air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. The property was last sold in Jan 31, 2022 for $290,000. That's $305.26 per sqft. Prior to that sales transaction, the property was also sold in Dec 29, 2005 for $95,000. 116 Main Street East was last assessed in 2023. The total value of the property was assessed at $152,400. Specifically, the land the property is located on was valued at $13,800. While improvements on the property were assessed at a total of $138,600. 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 $2,754. 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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1980
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Masonry
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 276
  • Total Building Area: 950
  • Gross Building Area: 1,034
  • Building Area: 950
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Hot water
  • Heated Square Feet: 950
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WABASHA (WABASHA CITY)
  • Land Acres: 0.043
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-29 TWP-111 RANGE-010 WABASHA (WABASHA CITY) SELY 22' OF NWLY 37' OF LOT 4 BLK 10

Ownership

  • Current Owner : K & K RESTAURANTS LLC
  • Previous Owner : HANF STACY
  • Previous Owner 2: Hanf Properties
  • Owner Before Previous Owner: SCHUTH CAROLYN A
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wabasha-Kellogg Public School District
  • School Tax School District: SD 811
  • Census Tract: 490100

Geography

  • District: 2702
  • Parcel: R27.00218.00
  • Block: 10
  • Lot: 4
  • Meridian: SEC 29 TWN 111 RNG 10
  • Municipality: WABASHA CITY
  • Latitude: 44.383
  • Longitude: -92.0314

    Address

  • Full Address: 116 Main St E
  • Address - House Number: 116
  • Street Segment Direction: E
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MN
  • City Name: Wabasha
  • Carrier Code: C002
  • 4-Digit Zip Code: 1421
  • Zip Code: 55981

Valuation

    Tax

  • Total Area: 682
  • Tax Year: 2023
  • Tax Amount: $2,754

    Appraisal Valuation

  • Standard Deviation: 0.0845
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 330,034
  • High Value: 357,948
  • Low Value: 302,119

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,802
  • First Open Lien Mortgage Recording Date: Jan 31, 2022
  • First Open Lien Mortgage Loan Amount: $235,802
  • 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: Jan 31, 2052

    Market Valuation

  • Market Total Value: $152,400
  • Market Land Value: $13,800
  • Market Improvement Value: $138,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $152,400
  • Assessed Land Value: $13,800
  • Assessed Improvements Value: $138,600

    Sales

  • Current Sale Contract Date: Jan 31, 2022
  • Current Sale Recording Date: Jan 31, 2022
  • Current Sale Transaction ID: 11879193284
  • Current Sale Price: $290,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1376759
  • Previous Sale Recording Date: Dec 30, 2005
  • Previous Sale Contract Date: Dec 29, 2005
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Jan 31, 2022
  • First Mortgage Loan Amount: $235,802
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF ALMA
  • Previous Mortgage Transaction Date: Dec 30, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Dec 29, 2025

About Wabasha



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 116 Main Street East located in?
The 116 Main Street East is a located in the neighborhood of Wabasha in Wabasha, Wabasha.
How many listings are currently for sale in 116 Main Street East?
There is a listing currently on the market for sale.
What is the average sales price for listings in 116 Main Street East?
The average sales price for units in 116 Main Street East is $325,000 currently.

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