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225 2nd Avenue Northeast

225 2nd Avenue Northeast, Plainview, MN 55964
Property in Plainview
Sold Jun 02, 2020
$53,000
$60,000 by Foresight Bank
Mortgage Due Jun 02, 2050
Local assessors in Plainview, MN have categorized 225 2nd Avenue Northeast as a residential type of property. The home was built in 1945 and is 79 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 9,000 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 is one full bathroom. There is also a partial bathroom. 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 225 2nd Avenue Northeast has a total of 720 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 garage for those who need a place to park their vehicle. The garage on the property is 832 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is poor. The building has a roof that is made of asphalt. Lots of asbestos shingle were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. The home's a forced air unit is the primary heating source. 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, 225 2nd Avenue Northeast was last sold in May 29, 2020 for $53,000. According to our calculations, that's $73.61 per sqft. Current property owners are expected to pay $868 in taxes per year. The property on 225 2nd Avenue Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $62,300. To break that down further, the land itself was valued at $42,400. While improvements to the property were assessed at a total of $19,900. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1970
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Poor
  • Building Style: Bungalow
  • Exterior Walls Type: Asbestos shingle
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 832
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 720
  • Gross Building Area: 1,552
  • Building Area: 720
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POSZ'S ADDITION
  • Land Acres: 0.206
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-08 TWP-108 RANGE-011 POSZ'S ADDITION E 110' OF W 220' OF N 150' OF BLK 6

Ownership

  • Current Owner : SCHMIT JOSEPH
  • Current Owner 2: SCHMIT SALLY JO
  • Previous Owner : TRADUP STEVEN P
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jul 20, 2023

Neighborhood

  • School District Name: Plainview-Elgin-Millville
  • School Tax School District: SD 2899
  • Census Tract: 490600

Zoning

  • Zoning: R1

Geography

  • District: 2603
  • Parcel: R26.00664.00
  • Block: 6
  • Meridian: SEC 08 TWN 108 RNG 11
  • Municipality: PLAINVIEW CITY
  • Latitude: 44.1668
  • Longitude: -92.162

    Address

  • Full Address: 225 2nd Ave Ne
  • Address - House Number: 225
  • Street Segment Direction: NE
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Plainview
  • Carrier Code: C002
  • 4-Digit Zip Code: 1431
  • Zip Code: 55964

Valuation

    Tax

  • Total Area: 936
  • Tax Year: 2023
  • Tax Amount: $868

    Appraisal Valuation

  • Standard Deviation: 0.193
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 80,797
  • High Value: 96,397
  • Low Value: 65,196

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,000
  • First Open Lien Mortgage Lender: FORESIGHT BANK
  • First Open Lien Mortgage Recording Date: Jun 02, 2020
  • First Open Lien Mortgage Loan Amount: $60,000
  • 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 02, 2050

    Market Valuation

  • Market Total Value: $62,300
  • Market Land Value: $42,400
  • Market Improvement Value: $19,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,300
  • Assessed Land Value: $42,400
  • Assessed Improvements Value: $19,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jun 02, 2020
  • Current Sale Transaction ID: 11765852486
  • Current Sale Price: $53,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19865

    Last Sale Mortgage

  • First Mortgage Lender: FORESIGHT BANK
  • First Mortgage Transaction Date: Jun 02, 2020
  • First Mortgage Loan Amount: $60,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Plainview



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Frequently Asked Questions

What neighborhood is 225 2nd Avenue Northeast located in?
The 225 2nd Avenue Northeast is a located in the neighborhood of Plainview in Plainview, Plainview.
What is the average sales price for listings in 225 2nd Avenue Northeast?
The average sales price for units in 225 2nd Avenue Northeast is $0 currently.

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