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412 South 7th Street

412 South 7th Street, Lake City, MN 55041
Property in Lake City
Sold May 10, 2018
$158,900
$147,250 by Foresight Bank
Mortgage Due May 07, 2048
412 South 7th Street in Lake City, MN was first built in 1958 and is 66 years old. Although, the building on the property was most recently renovated and altered in 1995. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 412 South 7th Street has 1,462 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 400 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 9,000 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a garage. The garage is 864 sqft. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. 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 forced air unit. The property was last sold in Apr 24, 2018 for $158,900. That's $108.69 per sqft. 412 South 7th Street was last assessed in 2023. The total value of the property was assessed at $217,500. Specifically, the land the property is located on was valued at $28,300. While improvements on the property were assessed at a total of $189,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,750. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1995
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 400
  • Garage Type: Garage
  • Garage Square Area: 864
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,462
  • Gross Building Area: 1,252
  • Building Area: 1,462
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,462
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE CITY
  • Land Acres: 0.206
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-04 TWP-111 RANGE-012 LAKE CITY SELY1/2 OF LOT 3 & NWLY1/2 OF LOT 4 BLK 131

Ownership

  • Current Owner : TEPLEY JENNIFER A
  • Previous Owner : RYAN BROTHERS PARTNERSHIP LLP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake City Public School District
  • School Tax School District: SD 813
  • Census Tract: 490300

Geography

  • District: 2201
  • Parcel: R22.00953.03
  • Block: 131
  • Lot: 3-4
  • Meridian: SEC 04 TWN 111 RNG 12
  • Municipality: LAKE CITY
  • Latitude: 44.4422
  • Longitude: -92.2687

    Address

  • Full Address: 412 S 7th St
  • Address - House Number: 412
  • Street Direction: S
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: MN
  • City Name: Lake City
  • Carrier Code: C002
  • 4-Digit Zip Code: 1712
  • Zip Code: 55041

Valuation

    Tax

  • Total Area: 1,649
  • Tax Year: 2023
  • Tax Amount: $2,750

    Appraisal Valuation

  • Standard Deviation: 0.2231
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 276,697
  • High Value: 338,450
  • Low Value: 214,944

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $147,250
  • First Open Lien Mortgage Lender: FORESIGHT BANK
  • First Open Lien Mortgage Recording Date: May 10, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $147,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 07, 2048

    Market Valuation

  • Market Total Value: $217,500
  • Market Land Value: $28,300
  • Market Improvement Value: $189,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,500
  • Assessed Land Value: $28,300
  • Assessed Improvements Value: $189,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 24, 2018
  • Current Sale Recording Date: May 10, 2018
  • Current Sale Transaction ID: 11464240802
  • Current Sale Price: $158,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 330873

    Last Sale Mortgage

  • First Mortgage Lender: FORESIGHT BANK
  • First Mortgage Transaction Date: May 10, 2018
  • First Mortgage Loan Amount: $147,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 07, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Lake City



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Frequently Asked Questions

What neighborhood is 412 South 7th Street located in?
The 412 South 7th Street is a located in the neighborhood of Lake City in Lake City, Lake City.
What is the average sales price for listings in 412 South 7th Street?
The average sales price for units in 412 South 7th Street is $0 currently.

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