Check Availability

7032 Homestead Avenue South

7032 Homestead Avenue South, Cottage Grove, MN 55016
Property in Cottage Grove
Sold Nov 29, 2021
$209,000
$156,750 by Bell Bank
Mortgage Due Aug 01, 2051
Sold Aug 22, 2017
$158,900
$154,133 by Bay Equity Llc
Mortgage Due Sep 01, 2047
7032 Homestead Avenue South in Cottage Grove, MN was first built in 1980 and is 44 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7032 Homestead Avenue South has 990 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 924 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 5,698 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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 air conditioning. As for heating, the home is utilizing a forced air unit and 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, 7032 Homestead Avenue South sold most recently in Jul 30, 2021 for a total of $209,000. If you work out the math, that's approximately a cost of $211.11 per sqft. Before that, the property was also sold for $158,900 in Aug 18, 2017. 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 $2,256 in taxes each year. 7032 Homestead Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $194,100. If we break it down further, the land itself was valued at $30,100. Improvements to the property, however, were assessed at a total of $164,000. 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: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 924
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,698
  • Total Building Area: 990
  • Building Area: 990
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 990
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND TOWN HOMES
  • Land Acres: 0.131
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: SUBDIVISIONNAME HIGHLAND TOWN HOMES LOT 16 BLOCK 1 SUBDIVISIONCD 27459

Ownership

  • Current Owner : BUTLER SHAUNETTE
  • Previous Owner : PFEIFER ZACHARY T
  • Previous Owner 2: PFEIFER SABRINA
  • Owner Before Previous Owner: BALE LORI J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: South Washington County School District
  • School Tax School District: SO WASHINGTON
  • Census Tract: 071210

Geography

  • District: 2200
  • Parcel: 08-027-21-11-0027
  • Block: 1
  • Lot: 16
  • Meridian: SEC 8 TWN 27N RNG 21W
  • Municipality: CITY OF COTTAGE GROVE
  • Latitude: 44.8467
  • Longitude: -92.9477

    Address

  • Full Address: 7032 Homestead Ave S
  • Address - House Number: 7032
  • Street Segment Direction: S
  • Address - Street Name: Homestead
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Cottage Grove
  • Carrier Code: C002
  • 4-Digit Zip Code: 1965
  • Zip Code: 55016

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,256
  • Tax Rate Code Area: 1904 833 S

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 80
  • Final Value: 227,042
  • High Value: 262,394
  • Low Value: 191,689

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,750
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Nov 29, 2021
  • First Open Lien Mortgage Loan Amount: $156,750
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $194,100
  • Market Land Value: $30,100
  • Market Improvement Value: $164,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $194,100
  • Assessed Land Value: $30,100
  • Assessed Improvements Value: $164,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Transaction ID: 11870068394
  • Current Sale Price: $209,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4347433
  • Previous Sale Recording Date: Aug 22, 2017
  • Previous Sale Contract Date: Aug 18, 2017
  • Previous Sale Amount: $158,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Nov 29, 2021
  • First Mortgage Loan Amount: $156,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BAY EQUITY LLC
  • Previous Mortgage Transaction Date: Aug 22, 2017
  • Previous Mortgage Loan Amount: $154,133
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About Cottage Grove



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7032 Homestead Avenue South located in?
The 7032 Homestead Avenue South is a located in the neighborhood of Cottage Grove in Cottage Grove, Cottage Grove.
What is the average sales price for listings in 7032 Homestead Avenue South?
The average sales price for units in 7032 Homestead Avenue South is $0 currently.

Quantcast