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26595 Drew Avenue

26595 Drew Avenue, Elko New Market, MN 55020
Property in Elko New Market
Sold Jan 30, 2020
$158,400
$150,480 by Fairway Independent Mortgage C
Mortgage Due Feb 01, 2050
Sold May 08, 2015
$112,000
$93,500 by Quicken Loans Inc
Mortgage Due Jun 01, 2045
26595 Drew Avenue has been categorized by the local assessors in Elko New Market, MN as a residential type of property. The building on the property was first built in 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 2 bedrooms. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 26595 Drew Avenue has 562 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 496 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 linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,098 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. In terms of heating, it is utilizing electric heaters and being fueled with electricity. The building on the property is connected to a sewer system. 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, 26595 Drew Avenue sold most recently in Jan 24, 2020 for a total of $158,400. If you work out the math, that's approximately a cost of $281.85 per sqft. Before that, the property was also sold for $112,000 in Apr 7, 2015. 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 $2,022 in taxes each year. 26595 Drew Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $174,400. If we break it down further, the land itself was valued at $52,600. Improvements to the property, however, were assessed at a total of $121,800. 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: 1920
  • Effective Year Built: 1980
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Building Quality: D+
  • Building Style: Ranch/Rambler
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 496
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 562
  • Gross Building Area: 987
  • Building Area: 562
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 562
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELKO-MERGED W/NMC
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME ELKO-MERGED W/NMC BLOCK 007 SUBDIVISIONCD 23029 S 60' OF 13 & 14

Ownership

  • Current Owner : SCHAFER LOGAN
  • Previous Owner : GOODMAN JOHN
  • Previous Owner 2: GOODMAN LORI
  • Owner Before Previous Owner: DOYLE LYNN K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lakeville Public School District
  • School Tax School District: LAKEVILLE
  • School Tax District Code 2: C-ELKO NEW MRKT
  • School Tax District Code 3: VERMILLION WMO
  • Census Tract: 081103

Geography

  • Assessors Map Reference: PM 23029
  • District: 0600
  • Parcel: 23-029037-0
  • Block: 007
  • Municipality: CITY OF ELKO NEW MARKET
  • Latitude: 44.5637
  • Longitude: -93.3266

    Address

  • Full Address: 26595 Drew Ave
  • Address - House Number: 26595
  • Address - Street Name: Drew
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Elko New Market
  • Carrier Code: R002
  • 4-Digit Zip Code: 9304
  • Zip Code: 55020

Valuation

    Tax

  • Total Area: 619
  • Tax Year: 2023
  • Tax Amount: $2,022
  • Tax Rate Code Area: 1802

    Appraisal Valuation

  • Standard Deviation: 0.1383
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 83
  • Final Value: 206,515
  • High Value: 235,086
  • Low Value: 177,944

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,480
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jan 30, 2020
  • First Open Lien Mortgage Loan Amount: $150,480
  • 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: Feb 01, 2050

    Market Valuation

  • Market Total Value: $174,400
  • Market Land Value: $52,600
  • Market Improvement Value: $121,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,400
  • Assessed Land Value: $52,600
  • Assessed Improvements Value: $121,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 24, 2020
  • Current Sale Recording Date: Jan 30, 2020
  • Current Sale Transaction ID: 11721282283
  • Current Sale Price: $158,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1085042
  • Previous Sale Recording Date: May 08, 2015
  • Previous Sale Contract Date: Apr 07, 2015
  • Previous Sale Amount: $112,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jan 30, 2020
  • First Mortgage Loan Amount: $150,480
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: May 08, 2015
  • Previous Mortgage Loan Amount: $93,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2045

About Elko New Market



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Frequently Asked Questions

What neighborhood is 26595 Drew Avenue located in?
The 26595 Drew Avenue is a located in the neighborhood of Elko New Market in Elko New Market, Elko New Market.
What is the average sales price for listings in 26595 Drew Avenue?
The average sales price for units in 26595 Drew Avenue is $0 currently.

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