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308 2nd Avenue Southeast

308 2nd Avenue Southeast, Pine Island, MN 55963
Property in Pine Island
Sold Jul 14, 2020
$169,300
$126,975 by Home Federal Savings Bank
Mortgage Due Aug 01, 2035
Local assessors in Pine Island, MN have categorized 308 2nd Avenue Southeast as a residential type of property. The home was built in 1902 and is 122 years old. The property's lot size has been calculated to be 10,085 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 308 2nd Avenue Southeast has a total of 1,212 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 detached garage for those who need a place to park their vehicle. The garage on the property is 816 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of unknown 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. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 308 2nd Avenue Southeast sold most recently in Jul 9, 2020 for a total of $169,300. If you work out the math, that's approximately a cost of $139.69 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 $2,504 in taxes each year. 308 2nd Avenue Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $168,800. If we break it down further, the land itself was valued at $51,500. Improvements to the property, however, were assessed at a total of $117,300. 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: 1902
  • Effective Year Built: 1902
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Ceramic
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 816
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,085
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,212
  • Gross Building Area: 1,744
  • Building Area: 1,212
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,212
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORIGINAL PLAT
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORIGINAL PLAT LOT-006 BLOCK-035 DOC#665420 LOT 6 BLK 35 ID# 18-0100-16500

Ownership

  • Current Owner : WILLIAMS SUSAN A
  • Current Owner 2: WILLIAMS BARTON
  • Previous Owner : GUENTHER KATHY L
  • Previous Owner 2: GUENTHER MICHAEL L

Neighborhood

  • School District Name: Pine Island Public School District
  • School Tax School District: 0255
  • Census Tract: 080800

Geography

  • Assessors Map Reference: MB 68100
  • Account Number: 32180
  • District: 9500
  • Parcel: 68.100.1790
  • Block: 35
  • Lot: 6
  • Municipality: PINE ISLAND CITY
  • Latitude: 44.1999
  • Longitude: -92.6442

    Address

  • Full Address: 308 2nd Ave Se
  • Address - House Number: 308
  • Street Segment Direction: SE
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Pine Island
  • Carrier Code: R003
  • 4-Digit Zip Code: 9197
  • Zip Code: 55963

Valuation

    Tax

  • Total Area: 1,080
  • Tax Year: 2023
  • Tax Amount: $2,504
  • Tax Rate Code Area: SEMMCHRA

    Appraisal Valuation

  • Standard Deviation: 0.2152
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 70
  • Final Value: 243,662
  • High Value: 296,119
  • Low Value: 191,204

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,975
  • First Open Lien Mortgage Lender: HOME FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jul 14, 2020
  • First Open Lien Mortgage Loan Amount: $126,975
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $168,800
  • Market Land Value: $51,500
  • Market Improvement Value: $117,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,800
  • Assessed Land Value: $51,500
  • Assessed Improvements Value: $117,300

    Sales

  • Current Sale Contract Date: Jul 09, 2020
  • Current Sale Recording Date: Jul 14, 2020
  • Current Sale Transaction ID: 11772775224
  • Current Sale Price: $169,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 665420

    Last Sale Mortgage

  • First Mortgage Lender: HOME FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Jul 14, 2020
  • First Mortgage Loan Amount: $126,975
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2035

About Pine Island



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Frequently Asked Questions

What neighborhood is 308 2nd Avenue Southeast located in?
The 308 2nd Avenue Southeast is a located in the neighborhood of Pine Island in Pine Island, Pine Island.
What is the average sales price for listings in 308 2nd Avenue Southeast?
The average sales price for units in 308 2nd Avenue Southeast is $0 currently.

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