Sold Jul 14, 2016
$325,000
Seller
$232,000
by Woodlands National Bank
Mortgage Due Jul 01, 2046
1762 Freeman Point Road has been categorized by the local assessors in Cromwell, MN as a residential type of property.
The area measurement of the land has been determined as 16,344 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. 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, 1762 Freeman Point Road sold most recently in Jul 1, 2016 for a total of $325,000. 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 $4,354 in taxes each year. 1762 Freeman Point Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $343,200. If we break it down further, the land itself was valued at $121,700. Improvements to the property, however, were assessed at a total of $221,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 1762 Freeman Point Road sold most recently in Jul 1, 2016 for a total of $325,000. 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 $4,354 in taxes each year. 1762 Freeman Point Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $343,200. If we break it down further, the land itself was valued at $121,700. Improvements to the property, however, were assessed at a total of $221,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.
1762 Freeman Point Road, Cromwell, MN 55726
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