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101 N Lincoln St, Lake Crystal, MN, 56055

--beds
0baths
3,782sqft
$297,500
$79price/sqft
$2,265/moest. monthly cost
$90,600/yrincome needed

About This Home

Large building previously used as a 4 plex in Lake Crystal. Buyer should seek license info from the city. This is a HUD home visit HUDhomestore.gov to place bids and view status of the property

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Construction

Condition

  • Property condition: Previously Owned

Materials

  • Roof: Asphalt
  • Construction materials: Frame/Wood,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Partially Finished,Block,Full

Features

  • Finished area below ground: 500
  • Finished area above ground: 3,782

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Unit 1: Central Air,Unit 2: Central Air,Unit 3: Central Air,Unit 4: Central Air

Interior Area

  • Total structure area: 3,782
  • Total interior livable area: 3,782 sqft

Property

Details

  • Parcel number: R091205132015
  • Special condition: In Foreclosure
  • Foundation area: 1426

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 7,840 sqft
  • Features: Paved
  • Lot size dimensions: 66 x 120

Parking

  • Parking features: Carport
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather
Drought
Hail
Tornado

FEMA Declared Disasters in Blue Earth County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,504$18,048
Home Insurance *$206$2,472
Property Taxes $237$2,844
Electricity $318$3,827
Total$2,265$27,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,657/yr
40% on housing$67,950/yr
45% on housing$60,400/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$79This listing

vs Other Active Listings

Avg $/sqft

ZIP 56055$94
Blue Earth County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 56055
Blue Earth County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2016-11-11Listing removed$169,900
2016-05-02Price change$169,900
2016-04-18Price change$176,900
2016-04-04Price change$177,900
2016-03-07Price change$178,900
2016-02-22Price change$179,900
2016-02-08Price change$180,900
2016-01-25Price change$181,900
2016-01-13Price change$182,900
2015-11-10Price change$184,900
2015-10-08Listed for sale$189,900
2013-09-24Sold$165,000

Unknown Listed By

AgentTIMOTHY SCHULTZ
BrokerageRe/Max Dynamic Agents

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