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8823 Farmstead Avenue

8823 Farmstead Avenue, Monticello, MN 55362
Property in Monticello
Sold Sep 23, 2021
$362,821
$243,000 by Tradition Mortgage
Mortgage Due Oct 01, 2051
Sold May 06, 2021
$146,100
8823 Farmstead Avenue has been categorized by the local assessors in Monticello, MN as a residential type of property. The building on the property was first built in 2021 and is 3 years old. The home has a total of 6 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, 8823 Farmstead Avenue has 1,586 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 13,557 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. 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. The exterior walls of the building are made of unknown. 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. In terms of heating, it is utilizing a forced air unit. The property was last sold in Sep 23, 2021 for $362,821. That's $228.76 per sqft. Prior to that sales transaction, the property was also sold in May 5, 2021 for $146,100. 8823 Farmstead Avenue was last assessed in 2023. The total value of the property was assessed at $427,500. Specifically, the land the property is located on was valued at $95,000. While improvements on the property were assessed at a total of $332,500. 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 $3,828. 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! 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: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 6
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,557
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,586
  • Building Area: 1,586
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,586
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAVEN RIDGE
  • Land Acres: 0.311
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-24 TWP-121 RANGE-025 HAVEN RIDGE LOT-003 BLOCK-002

Ownership

  • Current Owner : KOCH SCOTT MICHAEL
  • Current Owner 2: SAWATZKE RACHEL MARIE
  • Previous Owner : CAPSTONE HOMES INC
  • Owner Before Previous Owner: HAVEN RIDGE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Monticello Public School District
  • School Tax School District: MONTICELLO
  • Census Tract: 100202

Geography

  • District: 1101
  • Parcel: 155-259-002030
  • Block: 2
  • Lot: 3
  • Meridian: SEC 24 TWN 121 RNG 025
  • Municipality: CITY OF MONTICELLO
  • Latitude: 45.2786
  • Longitude: -93.7848

    Address

  • Full Address: 8823 Farmstead Ave
  • Address - House Number: 8823
  • Address - Street Name: Farmstead
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Monticello
  • Carrier Code: R008
  • 4-Digit Zip Code: 8836
  • Zip Code: 55362

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,828
  • Tax Rate Code Area: 1101

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 78
  • Final Value: 394,150
  • High Value: 460,393
  • Low Value: 327,907

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $243,000
  • First Open Lien Mortgage Lender: TRADITION MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 23, 2021
  • First Open Lien Mortgage Loan Amount: $243,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $427,500
  • Market Land Value: $95,000
  • Market Improvement Value: $332,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $427,500
  • Assessed Land Value: $95,000
  • Assessed Improvements Value: $332,500

    Sales

  • Current Sale Contract Date: Sep 23, 2021
  • Current Sale Recording Date: Sep 23, 2021
  • Current Sale Transaction ID: 11859488352
  • Current Sale Price: $362,821
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1484692
  • Previous Sale Recording Date: May 06, 2021
  • Previous Sale Contract Date: May 05, 2021
  • Previous Sale Amount: $146,100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRADITION MORTGAGE
  • First Mortgage Transaction Date: Sep 23, 2021
  • First Mortgage Loan Amount: $243,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Wright



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Frequently Asked Questions

What neighborhood is 8823 Farmstead Avenue located in?
The 8823 Farmstead Avenue is a located in the neighborhood of Monticello in Wright, Monticello.
What is the average sales price for listings in 8823 Farmstead Avenue?
The average sales price for units in 8823 Farmstead Avenue is $0 currently.

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