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14531 Welch Trail

14531 Welch Trail, Welch, MN 55089
Property in Welch
Sold Jun 02, 2021
$480,000
$384,000 by Compeer Financial Flca
Mortgage Due Jun 01, 2051
14531 Welch Trail has been categorized by the local assessors in Welch, MN as a residential type of property. The building on the property was first built in 1992 and is 32 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. 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, 14531 Welch Trail has 2,288 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,776 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 433,422 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a log cabin/rustic 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 832 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with log control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of log. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a geo-thermal heating system and being fueled with geo-thermal energy. There is a single fireplace in the home. Perfect for those wintery nights. 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, 14531 Welch Trail sold most recently in May 28, 2021 for a total of $480,000. If you work out the math, that's approximately a cost of $209.79 per sqft. 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 $6,124 in taxes each year. 14531 Welch Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $664,600. If we break it down further, the land itself was valued at $134,800. Improvements to the property, however, were assessed at a total of $529,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1992
  • Effective Year Built: 1992
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Log
  • Building Style: Log cabin/Rustic
  • Exterior Walls Type: Log
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Type: Finished improved basement
  • Basement Area: 1,776
  • Garage Type: Attached
  • Garage Square Area: 832
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 433,422
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,288
  • Gross Building Area: 2,156
  • Building Area: 2,288
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Geo-thermal
  • Heated Square Feet: 2,288
  • Heating Fuel Type: Geo-thermal energy

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 9.95
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-28 TWP-113 RANGE-016 9.95 AC PT OF SW1/4 OF NW1/4 SEC 28 113 16 BEG AT SW COR N ALG W LINE 285FT S89DG54MN16SC E544.

Ownership

  • Current Owner : JACKSON SAWYER LUCAS
  • Previous Owner : JACKSON MITCHELL K
  • Previous Owner 2: JACKSON LORI T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Red Wing Public School District
  • School Tax School District: 0256
  • Census Tract: 080400

Geography

  • Account Number: 50190
  • District: 0022
  • Parcel: 46.028.2102
  • Meridian: SEC 28 TWN 113N RNG 16W
  • Municipality: WELCH TWP
  • Latitude: 44.566
  • Longitude: -92.7495

    Address

  • Full Address: 14531 Welch Trl
  • Address - House Number: 14531
  • Address - Street Name: Welch
  • Address - Suffix Type: Trl
  • State: MN
  • City Name: Welch
  • Carrier Code: R021
  • 4-Digit Zip Code: 6125
  • Zip Code: 55089

Valuation

    Tax

  • Total Area: 1,814
  • Tax Year: 2023
  • Tax Amount: $6,124
  • Tax Rate Code Area: SEMMCHRA

    Appraisal Valuation

  • Standard Deviation: 0.1627
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 79
  • Final Value: 700,071
  • High Value: 814,035
  • Low Value: 586,108

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $384,000
  • First Open Lien Mortgage Lender: COMPEER FINANCIAL FLCA
  • First Open Lien Mortgage Recording Date: Sep 24, 2021
  • First Open Lien Mortgage Loan Amount: $384,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $664,600
  • Market Land Value: $134,800
  • Market Improvement Value: $529,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $664,600
  • Assessed Land Value: $134,800
  • Assessed Improvements Value: $529,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Transaction ID: 11838023286
  • Current Sale Price: $480,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 675892

    Last Sale Mortgage

  • First Mortgage Lender: COMPEER FINANCIAL FLCA
  • First Mortgage Transaction Date: Jun 02, 2021
  • First Mortgage Loan Amount: $384,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Goodhue



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Frequently Asked Questions

What neighborhood is 14531 Welch Trail located in?
The 14531 Welch Trail is a located in the neighborhood of Welch in Goodhue, Welch.
What is the average sales price for listings in 14531 Welch Trail?
The average sales price for units in 14531 Welch Trail is $0 currently.

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