Sold Apr 20, 2020
$65,000
Buyer
Seller
$50,000
by Bremer Bank
Mortgage
740 1st Street East has been categorized by the local assessors in Lake Lillian, MN as a residential type of property.
The building on the property was first built in 1940 and is 84 years old.
This is a single story building so stairs are not necessary to access other parts of the home.
In addition, 740 1st Street East has 1,232 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 6,999 square feet.
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 mixed used garage for those who require parking. The garage measured 584 sqft. According to our sources, there are a total of 2 available parking spaces. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 740 1st Street East was last sold in Apr 17, 2020 for $65,000. According to our calculations, that's $52.76 per sqft. Current property owners are expected to pay $652 in taxes per year. The property on 740 1st Street East was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $76,800. To break that down further, the land itself was valued at $5,700. While improvements to the property were assessed at a total of $71,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
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 mixed used garage for those who require parking. The garage measured 584 sqft. According to our sources, there are a total of 2 available parking spaces. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 740 1st Street East was last sold in Apr 17, 2020 for $65,000. According to our calculations, that's $52.76 per sqft. Current property owners are expected to pay $652 in taxes per year. The property on 740 1st Street East was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $76,800. To break that down further, the land itself was valued at $5,700. While improvements to the property were assessed at a total of $71,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
This property description is generated based on publicly available data.
740 1st Street East, Lake Lillian, MN 56253
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