eCRV Summary

Buyers Information

Organization name:

Veteran Enterprises Ltd.

Address:

10 West Main Street #200, Madelia, MN 56062 United States

Foreign address:

No

Phone number:

(507) 384-1892

Email:

*** MN Revenue does not display SSN/Tax ID fields due to privacy. ***

Sellers Information

Organization name:

First United Methodist Church of Winnebago

Address:

109 Cleveland Avenue West, P.O. Box 536, Winnebago, MN 56098 United States

Foreign address:

No

Phone number:

(507) 893-4302

Email:

*** MN Revenue does not display SSN/Tax ID fields due to privacy. ***

Property Information

County:

Faribault

Legal description:

Lots Twenty-two (22), Twenty-three (23) and Twenty-four (24) in Block One (1) in Wallace’s Addition to the Village of Winnebago City, Faribault County, Minnesota, as designated upon the Plat of said Addition on file and of record in the Office of the Register of Deeds of said County. AND The South 70 feet of Lots 1 and 2, Block 1 in Wallace Addition to the City of Winnebago, Faribault County, Minnesota.

Deeded acres:

Will use as primary residence:

No

What is included in the sale:

Land and Buildings

New construction:

No

Property Location(s)

Property location:

109 Cleveland Avenue West, Winnebago, 56098-0000

Preliminary Parcel IDs

Parcels to be split or combined:

No

Primary parcel ID:

31.643.0220

Additional parcel ID(s):

31.643.0020

Use(s)

Planned use:

Other/Special Use / Unspecified/Other

Primary use:

Yes

Prior use:

Institutional / Church properties

Rental buildings:

0

Rental units:

0

Explanation:

Community Center - non profit users

Sales Agreement Information

Deed Type:

Warranty Deed

Date of Deed or Contract:

06/22/2020

Purchase amount:

$30,000.00

Downpayment amount:

$5,000.00

Seller-paid amount:

$0.00

Delinquent Special Assessments and Delinquent Taxes Paid by Buyer:

$0.00

Financing type:

Cash

Personal Property

Personal property included:

No

Sales Agreement Questions

Buyer leased before sale:

No

Lease option to buy:

No

Seller leased after sale:

No

Minimum rental income guaranteed:

No

Partial interest indicator:

No

Contract payoff or deed resale:

No

Received in trade:

No

Like exchange (IRS section 1031):

No

Purchase over two years old:

No

Supplementary Information

Buyer paid appraisal:

No

Appraisal value:

$0.00

Seller paid appraisal:

No

Appraisal value:

$0.00

Buyer and seller related:

No

Organization tax exempt:

No

Government sale:

No

Foreclosed, condemned or legal proceedings:

No

Gift or inheritance:

No

Name change:

No

Buyer owns adjacent property:

No

Public promotion:

Yes

Significant different price paid:

No

Comment on price difference:

Submitter Information

Submit date:

06/22/2020 12:30:52 PM

Submitter:

Karen Foster

Organization:

Frundt, Lundquist & Gustafson, Ltd.

Email:

kfoster@flglawfirm.com

Phone number:

(507) 526-2177

Comments:

Terms Accepted by the Submitter:

I declare under penalty of law that I have examined the information entered and submitted on this form, and, based on what I know and believe to be true, the information entered on this form is complete and correct.

County Data Information

County ID:

22

Deed type code:

Warranty Deed

Deed document ID:

Sales agreement net amount:

$30,000.00

Sales Price Adjustment(s)

Property Attributes

Year structure built:

Parcel new construction percent:

Gross Building Area:

Deeded acres:

Parcel water influence:

None

Neighborhood code:

Exempt wetland:

No

Exempt native prairie:

No

Property Type(s)

Property Group:

Exempt

Property Type:

Primary type:

Yes

Exempt:

Yes

Contributing parcels:

2

County Assessment

Land value:

$11,500.00

Assessment Year:

2020

Building value:

$443,200.00

Total market value:

$454,700.00

County Recommendation for County Study

Good for study:

No

Reject reason-1:

03a - Exempt Party Sale

County Recommendation for State Study

Good for study:

No

Reject reason-1:

03a - Exempt Party Sale

Final Parcels

(primary parcel listed first)

Parcel ID:

31.643.0220

Seq:

Jurisdiction:

Winnebago

SD:

Blue Earth Area

CER:

CPI:

Parcel ID:

31.643.0020

Seq:

Jurisdiction:

Winnebago

SD:

Blue Earth Area

CER:

CPI: