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209 Walnut Street

209 Walnut Street, Monticello, MN 55362
Commercial in Monticello
1 Units For Sale
Unit for sale at 209 Walnut Street, Monticello, MN 55362

$229,900

  • Commercial
209 Walnut Street, Monticello, MN 55362 Listing by Jenna Potter

209 Walnut Street in Monticello, MN was first built in 1910 and is 114 years old. Although, the building on the property was most recently renovated and altered in 1975. This has been categorized as a residential property type. There are a total of 1 floors. There are a total of 0 rooms in the home, of which, 2 are bedrooms. 209 Walnut Street has 1,105 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,971 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of stucco. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 209 Walnut Street was last sold in Dec 22, 2022 for $220,000. According to our calculations, that's $199.10 per sqft. Prior to that sales transaction, the property was sold for $280,000 in May 28, 2020. Current property owners are expected to pay $2,046 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 209 Walnut Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $164,400. To break that down further, the land itself was valued at $55,300. While improvements to the property were assessed at a total of $109,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.

Building Features

Exterior

Concrete Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220408
04/08/2022
Loft
-
-
$229,900
bedrooms
Loft
bathrooms
-
-
-
-
Jenna Potter
Oak Realty LLP

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1975
  • Bedroom Count: 2
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,971
  • Total Building Area: 1,105
  • Gross Building Area: 1,105
  • Building Area: 1,105
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,105
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORIGINAL PLAT MONTICELLO
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-11 TWP-121 RANGE-025 ORIGINAL PLAT MONTICELLO N60FT LTS 4 & 5 BLK 36 N60FT LTS 4 & 5 BLK 36

Ownership

  • Current Owner : INSPIRE INVESTMENTS LLC
  • Previous Owner : INFINITY ESTATE LLC
  • Owner Before Previous Owner: SMITH GREGORY V
  • Owner Before Previous Owner 2: SMITH BARBARA ANN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Monticello Public School District
  • School Tax School District: MONTICELLO
  • Census Tract: 100205

Geography

  • Assessors Map Reference: MB 010
  • District: 1101
  • Parcel: 155-010-036041
  • Block: 36
  • Lot: 4-5
  • Meridian: SEC 11 TWN 121 RNG 025
  • Municipality: CITY OF MONTICELLO
  • Latitude: 45.3057
  • Longitude: -93.7963

    Address

  • Full Address: 209 Walnut St
  • Address - House Number: 209
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MN
  • City Name: Monticello
  • Zip Code: 55362

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,046
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 1101

    Appraisal Valuation

  • Standard Deviation: 0.0762
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 94
  • Final Value: 230,526
  • High Value: 248,113
  • Low Value: 212,940

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $147,200
  • First Open Lien Mortgage Recording Date: Dec 22, 2022
  • First Open Lien Mortgage Loan Amount: $147,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $164,400
  • Market Land Value: $55,300
  • Market Improvement Value: $109,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,400
  • Assessed Land Value: $55,300
  • Assessed Improvements Value: $109,100

    Sales

  • Current Sale Contract Date: Dec 22, 2022
  • Current Sale Recording Date: Dec 22, 2022
  • Current Sale Transaction ID: 11900654556
  • Current Sale Price: $220,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1502426
  • Previous Sale Recording Date: Jun 05, 2020
  • Previous Sale Contract Date: May 28, 2020
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Dec 22, 2022
  • First Mortgage Loan Amount: $147,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: 21ST CENTURY BANK
  • Previous Mortgage Transaction Date: Jun 05, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $247,000
  • Previous Mortgage Term: 298
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 28, 2045

About Monticello



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Nearby Rentals

Unit for rent at

$375 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 209 Walnut Street located in?
The 209 Walnut Street is a commercial located in the neighborhood of Monticello in Monticello, Monticello.
How many listings are currently for sale in 209 Walnut Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 209 Walnut Street?
The average sales price for units in 209 Walnut Street is $229,900 currently.

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