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512 1st Street Southwest

512 1st Street Southwest, Saint Michael, MN 55376
Property in St. Michael
Sold Sep 17, 2021
$161,000
$170,685 by Rocket Mortgage Llc
Mortgage Due Oct 01, 2036
Sold May 07, 2015
$161,000
Local assessors in Saint Michael, MN have categorized 512 1st Street Southwest as a residential type of property. The home was built in 1962 and is 62 years old. It was most recently renovated and altered in 1978. The property's lot size has been calculated to be 11,355 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 512 1st Street Southwest has a total of 1,261 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a hip style roof that was made of wood shake/ shingles. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 512 1st Street Southwest sold most recently in Sep 7, 2021 for a total of $161,000. If you work out the math, that's approximately a cost of $127.68 per sqft. Before that, the property was also sold for $161,000 in May 7, 2015. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,738 in taxes each year. 512 1st Street Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $258,100. If we break it down further, the land itself was valued at $98,300. Improvements to the property, however, were assessed at a total of $159,800. 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!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: 1962
  • Effective Year Built: 1978
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,355
  • Total Building Area: 1,261
  • Gross Building Area: 1,261
  • Building Area: 1,261
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,261
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ZAHLERS 1ST ADD
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-14 TWP-120 RANGE-024 ZAHLERS 1ST ADDN LOT-005

Ownership

  • Current Owner : MEYER PATRICK D
  • Current Owner 2: MEYER CYNTHIA D
  • Previous Owner : ZACHMAN BRIAN
  • Previous Owner 2: ZACHMAN SUSIE
  • Owner Before Previous Owner: ZACHMAN BRIAN BRIAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: St. Michael-Albertville School District
  • School Tax School District: ST MICHAEL
  • Census Tract: 100803

Geography

  • Assessors Map Reference: MB 023
  • District: 1401
  • Parcel: 114-023-000050
  • Lot: 5
  • Meridian: SEC 14 TWN 120 RNG 024
  • Municipality: CITY OF ST MICHAEL
  • Latitude: 45.2021
  • Longitude: -93.6658

    Address

  • Full Address: 512 1st St Sw
  • Address - House Number: 512
  • Street Segment Direction: SW
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: MN
  • City Name: Saint Michael
  • Carrier Code: R004
  • 4-Digit Zip Code: 9578
  • Zip Code: 55376

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,738
  • Tax Rate Code Area: 1401

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 75
  • Final Value: 285,941
  • High Value: 339,412
  • Low Value: 232,471

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,685
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 17, 2021
  • First Open Lien Mortgage Loan Amount: $170,685
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2036

    Market Valuation

  • Market Total Value: $258,100
  • Market Land Value: $98,300
  • Market Improvement Value: $159,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,100
  • Assessed Land Value: $98,300
  • Assessed Improvements Value: $159,800

    Sales

  • Current Sale Contract Date: Sep 07, 2021
  • Current Sale Recording Date: Sep 17, 2021
  • Current Sale Transaction ID: 11859518688
  • Current Sale Price: $161,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1484211
  • Previous Sale Recording Date: May 07, 2015
  • Previous Sale Contract Date: May 07, 2015
  • Previous Sale Amount: $161,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 17, 2021
  • First Mortgage Loan Amount: $170,685
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2036

About St. Michael



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Frequently Asked Questions

What neighborhood is 512 1st Street Southwest located in?
The 512 1st Street Southwest is a located in the neighborhood of St. Michael in St. Michael, Saint Michael.
What is the average sales price for listings in 512 1st Street Southwest?
The average sales price for units in 512 1st Street Southwest is $0 currently.

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