731 1st Street East

731 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 2015 and is 9 years old. The building has a total of 2 stories. In addition, 731 1st Street East has 616 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 13,997 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 detached garage for those who require parking. The garage measured 768 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a patio. The property was last sold in Mar 29, 2013 for $69,900. That's $113.47 per sqft. Prior to that sales transaction, the property was also sold in Jun 13, 2008 for $22,700. 731 1st Street East was last assessed in 2023. The total value of the property was assessed at $120,800. Specifically, the land the property is located on was valued at $9,500. While improvements on the property were assessed at a total of $111,300. 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 $1,696. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.