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316 8th Street East

316 8th Street East, Northfield, MN 55057
Property in Northfield
Sold Jan 14, 2021
$184,900
$181,550 by Everett Financial Inc
Mortgage Due Feb 01, 2051
Sold Jul 10, 2020
$90,000
$72,000 by The State Bank Of Faribault
Mortgage Due Jul 08, 2030
Local assessors in Northfield, MN have categorized 316 8th Street East as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 3,762 square feet. The linear feet between the front and back of the lot was measured at 66 ft and the front of the lot was measured at 57 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a a-frame style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 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 are also 2 partial bathrooms. 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 316 8th Street East has a total of 672 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. Do you like to entertain? The home has a unknown 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 hip style roof that was made of asphalt. Lots of wood siding 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 heating system 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, 316 8th Street East was last sold in Jan 8, 2021 for $184,900. According to our calculations, that's $275.15 per sqft. Prior to that sales transaction, the property was sold for $90,000 in Jul 8, 2020. Current property owners are expected to pay $2,504 in taxes per year. The property on 316 8th Street East was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $174,900. To break that down further, the land itself was valued at $31,000. While improvements to the property were assessed at a total of $143,900. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1950
  • Effective Year Built: 1950
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: A-frame
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 672
  • Parking Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,762
  • Lot Size Depth Feet: 66
  • Lot Size Frontage Feet: 57
  • Total Building Area: 672
  • Building Area: 672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 672
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHFIELD ORIG TOWN
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5 BLOCK 80 OF NORTHFIELD ORIG TOWN

Ownership

  • Current Owner : LACEY BRIAN
  • Previous Owner : PILLER PROPERTIES LLC
  • Owner Before Previous Owner: PERRY PATRICK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Northfield Public School District
  • School Tax School District: 659
  • School Tax District Code 2: NFLD CITY
  • Census Tract: 070501

Geography

  • Parcel: 22.06.2.50.039
  • Block: 80
  • Lot: 5
  • Municipality: CITY OF NORTHFIELD
  • Latitude: 44.4515
  • Longitude: -93.1561

    Address

  • Full Address: 316 8th St E
  • Address - House Number: 316
  • Street Segment Direction: E
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: MN
  • City Name: Northfield
  • Carrier Code: C010
  • 4-Digit Zip Code: 2524
  • Zip Code: 55057

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,504
  • Tax Rate Code Area: NFLD CITY-

    Appraisal Valuation

  • Standard Deviation: 0.1654
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 210,694
  • High Value: 245,555
  • Low Value: 175,833

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $375,750
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jan 14, 2021
  • First Open Lien Mortgage Loan Amount: $181,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051
  • Second Open Lien Mortgage Loan Amount: $183,900
  • Second Open Lien Mortgage Position: 2
  • Third Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • Third Open Lien Mortgage Recording Date: Jan 14, 2021
  • Third Open Lien Mortgage Loan Amount: $10,300
  • Third Open Lien Mortgage Term: 120
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Third Open Lien Mortgage Loan Due Date: Feb 01, 2031

    Market Valuation

  • Market Total Value: $174,900
  • Market Land Value: $31,000
  • Market Improvement Value: $143,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,900
  • Assessed Land Value: $31,000
  • Assessed Improvements Value: $143,900

    Sales

  • Current Sale Contract Date: Jan 08, 2021
  • Current Sale Recording Date: Jan 14, 2021
  • Current Sale Transaction ID: 11812052855
  • Current Sale Price: $184,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A734964
  • Previous Sale Recording Date: Jul 10, 2020
  • Previous Sale Contract Date: Jul 08, 2020
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Jan 14, 2021
  • First Mortgage Loan Amount: $181,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: THE STATE BANK OF FARIBAULT
  • Previous Mortgage Transaction Date: Jul 10, 2020
  • Previous Mortgage Loan Amount: $72,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Jul 08, 2030

About Northfield



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Frequently Asked Questions

What neighborhood is 316 8th Street East located in?
The 316 8th Street East is a located in the neighborhood of Northfield in Northfield, Northfield.
What is the average sales price for listings in 316 8th Street East?
The average sales price for units in 316 8th Street East is $0 currently.

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