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325 Lake Street Southwest

325 Lake Street Southwest, Hutchinson, MN 55350
Property in Hutchinson
Sold Jun 02, 2020
$92,000
$124,000 by Bremer Bank
Mortgage Due Mar 01, 2051
325 Lake Street Southwest in Hutchinson, MN was first built in 1954 and is 70 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 325 Lake Street Southwest has 1,437 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. The basement is 464 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 900 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 9,000 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of asphalt. For those who need parking, there is a carport. The garage is 330 sqft. There is one available parking space. 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 steel control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. While the interior walls are made of plaster. 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 hot water heating system. 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, 325 Lake Street Southwest was last sold in May 18, 2020 for $92,000. According to our calculations, that's $64.02 per sqft. Current property owners are expected to pay $2,612 in taxes per year. The property on 325 Lake Street Southwest was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $189,200. To break that down further, the land itself was valued at $44,900. While improvements to the property were assessed at a total of $144,300. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C-
  • Construction Type: Steel
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 464
  • Garage Type: Carport
  • Garage Square Area: 330
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,437
  • Gross Building Area: 1,437
  • Building Area: 1,437
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,437
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STUCKE'S 1ST ADD
  • Land Acres: 0.206
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: STUCKE'S 1ST ADD LOT-004

Ownership

  • Current Owner : VOSIKA MICHAEL B
  • Current Owner 2: PAESHIKE ANGELA
  • Previous Owner : BLACKMAN JESSE B
  • Previous Owner 2: BLACKMAN NATCHAYA DUANGMALI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hutchinson Public School District
  • Census Tract: 950401

Geography

  • Parcel: 23.172.0060
  • Lot: 4
  • Municipality: CITY OF HUTCHINSON
  • Latitude: 44.8886
  • Longitude: -94.3855

    Address

  • Full Address: 325 Lake St Sw
  • Address - House Number: 325
  • Street Segment Direction: SW
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: MN
  • City Name: Hutchinson
  • Carrier Code: C002
  • 4-Digit Zip Code: 2346
  • Zip Code: 55350

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,612

    Appraisal Valuation

  • Standard Deviation: 0.1519
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 199,796
  • High Value: 230,151
  • Low Value: 169,442

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $124,000
  • First Open Lien Mortgage Lender: BREMER BANK
  • First Open Lien Mortgage Recording Date: Mar 01, 2021
  • First Open Lien Mortgage Loan Amount: $124,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $189,200
  • Market Land Value: $44,900
  • Market Improvement Value: $144,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $189,200
  • Assessed Land Value: $44,900
  • Assessed Improvements Value: $144,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 18, 2020
  • Current Sale Recording Date: Jun 02, 2020
  • Current Sale Transaction ID: 11767762065
  • Current Sale Price: $92,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 445858

About Hutchinson



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Frequently Asked Questions

What neighborhood is 325 Lake Street Southwest located in?
The 325 Lake Street Southwest is a located in the neighborhood of Hutchinson in Hutchinson, Hutchinson.
What is the average sales price for listings in 325 Lake Street Southwest?
The average sales price for units in 325 Lake Street Southwest is $0 currently.

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