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405 1st Street

405 1st Street, Sandstone, MN 55072
Property in Sandstone
Sold Aug 18, 2016
$82,500
$82,500
Mortgage
Sold Feb 18, 2016
$26,000
405 1st Street has been categorized by the local assessors in Sandstone, MN as a residential type of property. The building on the property was first built in 1941 and is 83 years old. However, we must point out that the home was most recently renovated and altered in 1991. The home has a total of 4 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 1 stories. In addition, 405 1st Street has 927 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 1,200 ft. The area measurement of the land has been determined as 14,400 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 240 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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, 405 1st Street sold most recently in Aug 18, 2016 for a total of $82,500. If you work out the math, that's approximately a cost of $89.00 per sqft. Before that, the property was also sold for $26,000 in Feb 18, 2016. 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 $10 in taxes each year. 405 1st Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $103,400. If we break it down further, the land itself was valued at $14,900. Improvements to the property, however, were assessed at a total of $88,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1941
  • Effective Year Built: 1991
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Floating floor/laminate
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 927
  • Gross Building Area: 827
  • Building Area: 927
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 927
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWNSITE OF SANDSTONE
  • Land Acres: 0.331
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-15 TWP-042 RANGE-020 TOWNSITE OF SANDSTONE LOTS 1 & 2, BLOCK 3 MICRO #528908

Ownership

  • Current Owner : ABBOTT JOSEPH JOSEPH
  • Previous Owner : KAMMERER GREGORY GREGORY
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag Date: Apr 28, 2023

Neighborhood

  • School District Name: East Central School District
  • Census Tract: 950402

Geography

  • District: 4501
  • Parcel: 45.5011.000
  • Block: 3
  • Lot: 1-2
  • Meridian: SEC 15 TWN 042 RNG 020
  • Municipality: CITY OF SANDSTONE
  • Latitude: 46.1283
  • Longitude: -92.8631

    Address

  • Full Address: 405 1st St
  • Address - House Number: 405
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: MN
  • City Name: Sandstone
  • Carrier Code: R003
  • 4-Digit Zip Code: 5127
  • Zip Code: 55072

Valuation

    Tax

  • Total Area: 963
  • Tax Year: 2022
  • Tax Amount: $10
  • Tax Rate Code Area: 4501

    Appraisal Valuation

  • Standard Deviation: 0.1447
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 71
  • Final Value: 105,213
  • High Value: 120,437
  • Low Value: 89,988

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,500
  • First Open Lien Mortgage Recording Date: Aug 18, 2016
  • First Open Lien Mortgage Loan Amount: $82,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $103,400
  • Market Land Value: $14,900
  • Market Improvement Value: $88,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $103,400
  • Assessed Land Value: $14,900
  • Assessed Improvements Value: $88,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2016
  • Current Sale Recording Date: Aug 18, 2016
  • Current Sale Transaction ID: 11551647415
  • Current Sale Price: $82,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 554647
  • Previous Sale Recording Date: Feb 18, 2016
  • Previous Sale Contract Date: Feb 18, 2016
  • Previous Sale Amount: $26,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Aug 18, 2016
  • First Mortgage Loan Amount: $82,500

About Sandstone



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Unit for rent at 509 Division Street, Sandstone, MN, 55072

$2,750 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,160 ft²
509 Division Street, Sandstone, MN, 55072 Listing by Thomas A Jensen

Frequently Asked Questions

What neighborhood is 405 1st Street located in?
The 405 1st Street is a located in the neighborhood of Sandstone in Sandstone, Sandstone.
What is the average sales price for listings in 405 1st Street?
The average sales price for units in 405 1st Street is $0 currently.

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