NOT LISTED FOR SALE

1003 Sherman St North Mankato, MN 56003

Estimated Value: $350,000 - $418,000

5 Beds
3 Baths
3,818 Sq Ft
$101/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $305,000 $80 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,505/month

9 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Corner Lot
  • Mankato West Senior High School Rated A-
  • Ranch Style House
  • 3-minute walk to Spring Lake Park

About This Home

As of November 2020

Impressive, must-see 5 BR, 3 Bath walkout rambler in lovely lower North Mankato overlooking Spring Lake Park. The Main floor features a spacious Living Room with vaulted & beamed ceilings and a built-in media center; a classy Kitchen with gorgeous maple cabinets, skylight and stainless steel appliances, flowing through to the Dining Room with built-in maple buffet, all as a prelude to the breathtaking sun-room adorned in knotty pine walls and vaulted ceiling--complete with skylights and a freestanding stove-style gas fireplace. The Main floor also houses 3 Bedrooms, including the Master Suite with ¾ Bath and large walk-in closet, as well as an additional Full Bath and convenient main-floor Laundry. The basement is an entertainer’s paradise with its huge Family Room/Rec area, gorgeous stone fireplace, wet bar, Full Bath, and patio door access to a covered outdoor patio area with pull down sun shade. There are also two more Bedrooms as well as a step down to a 21 x 28’ tuck-under garage/workshop with overhead and patio door access as well as added electrical capacity to accommodate every hobbyist’s needs! All this in a fabulous neighborhood with Spring Lake Park's hiking trail & newly renovated swimming pool, practically in your backyard!!

Last Agent to Sell the Property

Dar Vosburg

HOME RUN REALTY License #20093521 Listed on: 08/21/2020

Last Buyer's Agent

Mike Miller

ACTION REALTY OF MANKATO License #00081140

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,844

Year Built

  • 1976

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75 x 140
  • Corner Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior
  • Stone Exterior Construction
  • Cement Board or Planked

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Dining Room
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 18.557.2780

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,844

Year Built

1976

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Ceiling Fans, Garage Door Opener, Natural Woodwork, Skylight, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups, Wet Bar, Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Driveway - Concrete, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.24
  • Assessment Balance: 21
  • Assessments: Yes
  • Foundation Size: 2080
  • L V T Date: 08/21/2020
  • Mechanicals: Water Softener-Owned, Circuit Breaker
  • Parcel Number: 18.557.2780
  • Price Per Square Foot: 84
  • Sold Price Per Sq Ft: 80
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 3462
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Dining Room: Informal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Master, Full Basement, Main Floor Full Bath, Private Master
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 16'x15', On Level: Main
  • Room 2: Kitchen, 12' 2"x10', On Level: Main
  • Room 3: Dining Room, 9' 10"x8' 10", On Level: Main
  • Room 4: Sunroom/Solarium, 22' 4"x13' 9", On Level: Main
  • Room 5: Master Bedroom, 12' 11"x11' 2", On Level: Main
  • Room 6: Bedroom, 11' 11"x10' 6", On Level: Main
  • Room 7: 10' 6"x9' 7", On Level: Main
  • Room 8: Bedroom, 14' 4"x12' 8", On Level: Basement
  • Room 9: Bedroom, 10' 10"x10' 5", On Level: Basement
  • Room 10: Family Room, 21' 5"x12', On Level: Basement
  • Room 11: Rec Room, 31' 5"x12' 9", On Level: Basement
  • Room 12: Workshop, 28' 6"x21', On Level: Basement
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1738
  • Below Grade Finished Sq Ft: 2080
  • Tot Above Grade Sq Ft: 1738
  • Total Fin Square Footage: 3818
  • Total Square Footage: 3818
  • Tot Below Grade Sq Ft: 2080

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Cement Board, Stone, Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2
  • Garage Square Footage: 705

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Mankato #77
  • Mankato Schools: Dakota Meadows, Garfield, Mankato West, Monroe

Lot Info

  • Estimated Lot Dimensions: 75 x 140
  • Lot/Land Description: Corner Lot, Landscaped, Tree Coverage - Medium, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Nov 13, 2020
Sold by
Begalka David L and Begalka Kelly S
Bought by
Bartels Matthew D and Bartels Danielle
Seller's Agent
Dar Vosburg
HOME RUN REALTY
Buyer's Agent
Mike Miller
ACTION REALTY OF MANKATO
List Price
$319,900
Sold Price
$305,000
Premium/Discount to List
-$14,900
-4.66%
Current Estimated Value
$385,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,601
Avg. Annual Appreciation
4.75%
Original Mortgage
$244,000
Outstanding Balance
$218,114
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$162,567
Source: Public Records

Range of Values:

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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
Bartels Matthew D $305,000 Stewart Title
Bartels Matthew Matthew $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bartels Matthew D $244,000
Previous Owner Begalka Kelly S $92,250
Previous Owner Begalka Kelly S $152,500
Closed Bartels Matthew Matthew $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $305,000 -4.7% $80 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $319,900 -- $84 / Sq Ft
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 $4,844 $390,400 $60,600 $329,800
2024 $4,496 $390,400 $60,600 $329,800
2023 $4,334 $352,800 $60,600 $292,200
2022 $3,808 $340,200 $60,600 $279,600
2021 $3,798 $274,300 $47,800 $226,500
2020 $3,462 $265,300 $47,800 $217,500
2019 $3,342 $248,200 $47,800 $200,400
2018 $3,254 $239,000 $47,800 $191,200
2017 -- $228,800 $0 $0
2016 $3,020 $0 $0 $0
2015 -- $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7025054

REALTOR® Association of Southern Minnesota

APN: R-18.557.2780