503 4th Street Southwest

503 4th Street Southwest in Austin, MN was first built in 1911 and is 113 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 503 4th Street Southwest has 1,600 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. In total, the area measurement of the land is 7,667 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gambrel style roof made of asphalt. For those who need parking, there is a detached garage. The garage is 416 sqft. There are a total of 2 available parking spaces. 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 frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of metal. While the interior walls are made of wood. 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 no air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 503 4th Street Southwest sold most recently in Oct 17, 2019 for a total of $111,500. If you work out the math, that's approximately a cost of $69.69 per sqft. Before that, the property was also sold for $133,000 in Oct 9, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,010 in taxes each year. 503 4th Street Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $175,000. If we break it down further, the land itself was valued at $31,700. Improvements to the property, however, were assessed at a total of $143,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!