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120 7th Street Southwest

120 7th Street Southwest, Chatfield, MN 55923
House in Chatfield
Sold Jun 29, 2020
$140,000
$112,000 by Altra Federal Credit Union
Mortgage
Sold Sep 16, 2016
$109,000
Local assessors in Chatfield, MN have categorized 120 7th Street Southwest as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 9,045 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 670 ft. 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 120 7th Street Southwest has a total of 808 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 336 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a flat style roof that was made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of paneling. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 120 7th Street Southwest sold most recently in Jun 12, 2020 for a total of $140,000. If you work out the math, that's approximately a cost of $173.27 per sqft. Before that, the property was also sold for $109,000 in Sep 15, 2016. 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 $1,572 in taxes each year. 120 7th Street Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $135,800. If we break it down further, the land itself was valued at $25,500. Improvements to the property, however, were assessed at a total of $110,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Driveway

Driveway

Parking

Detached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Interior Walls Type: Paneling
  • Roof Shape Type: Flat
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 336
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,045
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 670
  • Total Building Area: 808
  • Gross Building Area: 808
  • Building Area: 808
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 808
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHATFIELDS ORIGINAL PLAT
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHATFIELDS ORIGINAL PLAT BLOCK-032 PART OF BLK 32

Ownership

  • Current Owner : CHOPP JACOB S
  • Current Owner 2: CHOPP CASSIE D
  • Previous Owner : NEIS BRYAN R
  • Previous Owner 2: NEIS BRITTNI
  • Owner Before Previous Owner: JOHNSON SHIRLEY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chatfield Public Schools
  • School Tax School District: SD 227
  • Census Tract: 960200

Geography

  • District: 2501
  • Parcel: 26.0326.050
  • Block: 32
  • Municipality: CHATFIELD CITY
  • Latitude: 43.8405
  • Longitude: -92.1862

    Address

  • Full Address: 120 7th St Sw
  • Address - House Number: 120
  • Street Segment Direction: SW
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: MN
  • City Name: Chatfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 1508
  • Zip Code: 55923

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $1,572

    Appraisal Valuation

  • Standard Deviation: 0.2304
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 68
  • Final Value: 169,712
  • High Value: 208,830
  • Low Value: 130,594

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,000
  • First Open Lien Mortgage Lender: ALTRA FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jun 29, 2020
  • First Open Lien Mortgage Loan Amount: $112,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $135,800
  • Market Land Value: $25,500
  • Market Improvement Value: $110,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,800
  • Assessed Land Value: $25,500
  • Assessed Improvements Value: $110,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2020
  • Current Sale Recording Date: Jun 29, 2020
  • Current Sale Transaction ID: 11772753086
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 427396
  • Previous Sale Recording Date: Sep 16, 2016
  • Previous Sale Contract Date: Sep 15, 2016
  • Previous Sale Amount: $109,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALTRA FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Jun 29, 2020
  • First Mortgage Loan Amount: $112,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Chatfield



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 120 7th Street Southwest located in?
The 120 7th Street Southwest is a house located in the neighborhood of Chatfield in Chatfield, Chatfield.
What is the average sales price for listings in 120 7th Street Southwest?
The average sales price for units in 120 7th Street Southwest is $139,900 , or $173/sqft. currently.

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