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121 5th Street Southeast

121 5th Street Southeast, Grand Meadow, MN 55936
Property in Grand Meadow
Sold May 11, 2016
$265,000
$238,500 by First Alliance Cu
Mortgage Due May 11, 2046
Sold Apr 19, 2011
$245,000
$182,000 by Think Mutual Bank
Mortgage Due May 01, 2031
Local assessors in Grand Meadow, MN have categorized 121 5th Street Southeast as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 33,803 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 121 5th Street Southeast has a total of 1,562 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,100 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 1,440 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 121 5th Street Southeast sold most recently in Apr 29, 2016 for a total of $265,000. If you work out the math, that's approximately a cost of $169.65 per sqft. Before that, the property was also sold for $245,000 in Apr 15, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,268 in taxes each year. 121 5th Street Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $422,200. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $377,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,100
  • Garage Type: Mixed use
  • Garage Square Area: 1,440
  • Parking Space Count: 4
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 33,803
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,562
  • Building Area: 1,562
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,562
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JACOBSON ADDITION
  • Land Acres: 0.776
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JACOBSON ADDITION 25010 002 LOTS 4, 5 & 6

Ownership

  • Current Owner : ARNOLD JIMMIE L
  • Current Owner 2: QUEENSLAND GAIL
  • Previous Owner : SPEER BRUCE A
  • Previous Owner 2: SPEER PAMELA R
  • Owner Before Previous Owner: COWAN SCOTT W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grand Meadow Public School District
  • School Tax School District: DISTRICT 495
  • Census Tract: 001400

Geography

  • District: MO
  • Parcel: 25.010.0076
  • Lot: 4-6
  • Municipality: GRAND MEADOW CITY
  • Latitude: 43.7047
  • Longitude: -92.5656

    Address

  • Full Address: 121 5th St Se
  • Address - House Number: 121
  • Street Segment Direction: SE
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: MN
  • City Name: Grand Meadow
  • Carrier Code: R002
  • 4-Digit Zip Code: 1321
  • Zip Code: 55936

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,268

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 427,973
  • High Value: 500,532
  • Low Value: 355,413

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $238,500
  • First Open Lien Mortgage Lender: FIRST ALLIANCE CU
  • First Open Lien Mortgage Recording Date: May 11, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $238,500
  • 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: May 11, 2046

    Market Valuation

  • Market Total Value: $422,200
  • Market Land Value: $45,000
  • Market Improvement Value: $377,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $422,200
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $377,200

    Sales

  • Current Sale Contract Date: Apr 29, 2016
  • Current Sale Recording Date: May 11, 2016
  • Current Sale Transaction ID: 1570799402
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A000626382
  • Previous Sale Recording Date: Apr 19, 2011
  • Previous Sale Contract Date: Apr 15, 2011
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST ALLIANCE CU
  • First Mortgage Transaction Date: May 11, 2016
  • First Mortgage Loan Amount: $238,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: THINK MUTUAL BANK
  • Previous Mortgage Transaction Date: Apr 19, 2011
  • Previous Mortgage Loan Amount: $182,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2031

About Grand Meadow



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Frequently Asked Questions

What neighborhood is 121 5th Street Southeast located in?
The 121 5th Street Southeast is a located in the neighborhood of Grand Meadow in Grand Meadow, Grand Meadow.
What is the average sales price for listings in 121 5th Street Southeast?
The average sales price for units in 121 5th Street Southeast is $0 currently.

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