NOT LISTED FOR SALE

0 Tbd 240th St Mankato, MN 56001

Estimated Value: $710,000 - $1,272,231

19.99 Acres
$49,581 Price per Acre
870,764 Sq Ft Lot

Last Sold April 16, 2021

Last sale price $245,000

Est. 305% increase in value since last sale

Current estimated payment $5,842/month

Highlights

  • Waterfront
  • 19.99 Acre Lot
  • Access to stream, creek or river
  • Washington Elementary School Rated 9+
  • Corner Lot
  • Lot Has A Rolling Slope

About This Lot

As of April 2021

Absolutely one-of-a-kind piece of property and the perfect spot to build your dream home and a out build for your toys!! 12.6 acres of farm ground 4.49 acres of meadow. Located 2 miles outside of the Mankato city limits, this parcel of land offers approximately 19.99 acre. Please call today for more information and set up a time to see this beautiful piece of property for yourself!!

Last Agent to Sell the Property

Scott Borgmeier

BH Realty Group Waterville License #40663204 Listed on: 02/16/2021

Last Buyer's Agent

Mary Weller

Coldwell Banker River Valley License #00087569

Coldwell Banker River Valley

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,540

Lot Details

  • 19.99 Acre Lot
  • Lot Dimensions are 662 x 1312
  • Waterfront
  • Corner Lot
  • Lot Has A Rolling Slope

Additional Features

  • Access to stream, creek or river
  • Tillable Land

Listing and Financial Details

  • Assessor Parcel Number R40.04.21.426.004

Property Details

Property Type

Land

Est. Annual Taxes

$7,540

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Sub Type: Residential
  • L V T Date: 02/16/2021
  • Parcel Number: R40.04.21.426.004
  • Street Designation: Street
  • Estimated Number of Acres: 19.99
  • Additional Information: Survey
  • Topography: Lowland, Rolling, Sloped, Walkout
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes
  • Waterfront Description: Creek/Stream

Utilities

  • Available Utilities: Natural Gas

Lot Info

  • Lot/Land Description: Corner Lot, Low Land, Tillable
  • Estimated Lot Dimensions: 662 x 1312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Apr 16, 2021
Sold by
Stenzel Jerry and Stenzel Judy
Bought by
Oldridge Margaret Ann
Seller's Agent
Scott Borgmeier
BH Realty Group Waterville
Buyer's Agent
Mary Weller
Coldwell Banker River Valley
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Current Estimated Value
$991,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$746,116
Avg. Annual Appreciation
35.86%
Original Mortgage
$182,750
Outstanding Balance
$165,001
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$826,115
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oldridge Margaret Ann $245,000 Title Resources
Oldridge Margaret Margaret $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oldridge Margaret Ann $182,750
Closed Oldridge Margaret Margaret $182,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $245,000 -2.0% --
03/04/2021 03/04/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $249,900 -- --
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,540 $1,010,900 $181,300 $829,600
2024 $7,540 $835,000 $192,000 $643,000
2023 $954 $362,400 $185,800 $176,600
2022 $988 $157,400 $157,400 $0
2021 $872 $142,500 $142,500 $0
2020 $930 $131,900 $131,900 $0
2019 $624 $131,900 $131,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Borgmeier

    Seller's Agent in 2021

    Scott Borgmeier

    BH Realty Group Waterville

    (507) 257-2200

    180 Total Sales

    Scott Borgmeier
    Section Image
  • Mary Weller

    Buyer's Agent in 2021

    Mary Weller

    Coldwell Banker River Valley

    (507) 420-5435

    90 Total Sales

    Mary Weller
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7026210

REALTOR® Association of Southern Minnesota

APN: R40.04.21.426.004

Minnesota Blue Earth County Mankato 56001

0 Tbd 240th St, Mankato, MN

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REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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