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507 5th Street Northeast

507 5th Street Northeast, Hayfield, MN 55940
Property in Hayfield
Sold Aug 28, 2023
$241,000
$233,770 by Manufacturers & Traders Tr Co
Mortgage Due Sep 01, 2053
Sold Aug 25, 2023
$241,000
$222,788
Mortgage
507 5th Street Northeast has been categorized by the local assessors in Hayfield, MN as a residential type of property. The building on the property was first built in 1978 and is 46 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 507 5th Street Northeast has 1,104 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 740 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 9,583 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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 attached garage for those who require parking. The garage measured 720 sqft. 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. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. 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 air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. The property was last sold in Aug 25, 2023 for $241,000. That's $218.30 per sqft. Prior to that sales transaction, the property was also sold in Aug 25, 2023 for $241,000. 507 5th Street Northeast was last assessed in 2023. The total value of the property was assessed at $207,700. Specifically, the land the property is located on was valued at $20,900. While improvements on the property were assessed at a total of $186,800. 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 $2,976. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Concrete
  • Basement Type: Full basement
  • Basement Area: 740
  • Garage Type: Attached
  • Garage Square Area: 720
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,104
  • Building Area: 1,104
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,104
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROUHOFF'S 2ND SUBDIVISION
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 186,800 23552 SECT-22 TWP-105 RANGE-017 ROUHOFF'S 2ND SUBDIVISION LOT-001 BLOCK-001

Ownership

  • Current Owner : FOSTER JESSICA
  • Current Owner 2: RUTLEDGE CAMERON
  • Previous Owner : BOYD JESSE E
  • Previous Owner 2: BOYD KATHLENE M
  • Owner Before Previous Owner: BOYD JESSE
  • Owner Before Previous Owner 2: BOYD KATHLENE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Hayfield Public School District
  • School Tax School District: 203
  • Census Tract: 950400

Geography

  • Assessors Map Reference: 20900
  • Parcel: 23.552.0010
  • Block: 1
  • Lot: 1
  • Meridian: SEC 22 TWN 105N RNG 17W
  • Municipality: CITY OF HAYFIELD
  • Latitude: 43.8948
  • Longitude: -92.8395

    Address

  • Full Address: 507 5th St Ne
  • Address - House Number: 507
  • Street Segment Direction: NE
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: MN
  • City Name: Hayfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 8818
  • Zip Code: 55940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,976

    Appraisal Valuation

  • Standard Deviation: 0.0852
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 93
  • Final Value: 231,275
  • High Value: 251,002
  • Low Value: 211,549

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $233,770
  • First Open Lien Mortgage Lender: MANUFACTURERS & TRADERS TR CO
  • First Open Lien Mortgage Recording Date: Aug 28, 2023
  • First Open Lien Mortgage Loan Amount: $233,770
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $207,700
  • Market Land Value: $20,900
  • Market Improvement Value: $186,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,700
  • Assessed Land Value: $20,900
  • Assessed Improvements Value: $186,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 25, 2023
  • Current Sale Recording Date: Aug 28, 2023
  • Current Sale Transaction ID: 11912052090
  • Current Sale Price: $241,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 249460
  • Previous Sale Recording Date: Aug 25, 2023
  • Previous Sale Contract Date: Aug 25, 2023
  • Previous Sale Amount: $241,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MANUFACTURERS & TRADERS TR CO
  • First Mortgage Transaction Date: Aug 28, 2023
  • First Mortgage Loan Amount: $233,770
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Transaction Date: Aug 25, 2023
  • Previous Mortgage Loan Amount: $222,788
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Hayfield



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Frequently Asked Questions

What neighborhood is 507 5th Street Northeast located in?
The 507 5th Street Northeast is a located in the neighborhood of Hayfield in Hayfield, Hayfield.
What is the average sales price for listings in 507 5th Street Northeast?
The average sales price for units in 507 5th Street Northeast is $0 currently.

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