NOT LISTED FOR SALE

1026 Sherman St North Mankato, MN 56003

Estimated Value: $363,000 - $407,000

5 Beds
4 Baths
3,026 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $249,000 $82 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,461/month

Highlights

  • Deck
  • Wood Flooring
  • 2 Car Attached Garage
  • Mankato West Senior High School Rated A-
  • Fenced Yard
  • Eat-In Kitchen

About This Home

As of October 2018

Welcome to 1026 and 1028 Sherman St. This home is a two family duplex. 1026 currently does have a tenant rented for $900 per month and is month to month. 1028 is a 3 bedroom, 2 bathroom home. New A/C units. Both feature brand new decks/fenced in yard and there is a garden shed that stays! Close to Spring Lake Park! 1028 is eligible for rental license but will need a inspection by city.

Last Agent to Sell the Property

Amber Bruender

TRUE REAL ESTATE Listed on: 09/17/2018

TRUE REAL ESTATE

Last Buyer's Agent

Amber Bruender

TRUE REAL ESTATE Listed on: 09/17/2018

TRUE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,820

Year Built

  • 1977

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x123.38
  • Fenced Yard
  • Landscaped with Trees

Home Design

  • Duplex
  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 18.557.2330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,820

Year Built

1977

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: CC Two Unit
  • Amenities: Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Natural Woodwork, Washer/Dryer Hookups, Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Deck, Driveway - Concrete, Fenced Yard - Full, Patio
  • Estimated Number of Acres: 0.28
  • Construction: Previously Owned
  • Foundation Size: 1780
  • L V T Date: 09/17/2018
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 18.557.2330
  • Rental License: Yes
  • Stories: 1 Story
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Basement
  • Total Bathrooms: 4
  • Three Quarter Bathrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 4
  • Room 1: Living Room, 20x12, On Level: Main
  • Room 2: Dining Room, 17x10, On Level: Main
  • Room 3: Kitchen, 8x10, On Level: Main
  • Room 4: Master Bedroom, 10x14, On Level: Main
  • Room 5: Bedroom, 9x13, On Level: Lower
  • Room 6: Bedroom, 14x9, On Level: Lower
  • Room 7: 22x12, On Level: Lower
  • Basement Features: Daylight/Lookout Windows, Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1780
  • Below Grade Finished Sq Ft: 1246
  • Tot Above Grade Sq Ft: 1780
  • Total Fin Square Footage: 3026
  • Total Square Footage: 3026
  • Tot Below Grade Sq Ft: 1246

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Aluminum
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • Mankato Schools: Dakota Meadows, Mankato West

Lot Info

  • Estimated Lot Dimensions: 100x123.38
  • Lot/Land Description: Landscaped, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2019
Sold by
Valley View Properties Llc
Bought by
Baker John R and Baker Beth
Current Estimated Value
$377,597

Purchase Details

Listed on
Sep 17, 2018
Closed on
Oct 5, 2018
Sold by
Sodeman Brad and Sodeman Jessica L
Bought by
Valley View Properties Llc
Seller's Agent
Amber Bruender
TRUE REAL ESTATE
Buyer's Agent
Amber Bruender
TRUE REAL ESTATE
List Price
$260,000
Sold Price
$249,000
Premium/Discount to List
-$11,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$224,100
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 2011
Sold by
Dads Haven Llc
Bought by
Not Provided
Source: Public Records

Range of Values:

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Average Value
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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
Baker John R $225,000 Title Resource Group
Valley View Properties Llc $249,000 Title Resources
Sodeman Jessica L $200,000 Title Resources
Not Provided $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valley View Properties Llc $224,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2018 10/25/18 Sold $249,000 -4.2% $82 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $260,000 -- $86 / 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 $5,820 $374,500 $77,600 $296,900
2024 $5,218 $374,500 $77,600 $296,900
2023 $5,048 $331,200 $77,600 $253,600
2022 $4,704 $320,200 $77,600 $242,600
2021 $4,710 $267,000 $61,100 $205,900
2020 $4,334 $258,800 $61,100 $197,700
2019 $3,262 $242,300 $61,100 $181,200
2018 $3,180 $234,000 $61,100 $172,900
2017 -- $224,200 $0 $0
2016 $2,934 $0 $0 $0
2015 -- $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amber Bruender

    Seller's Agent in 2018

    Amber Bruender

    TRUE REAL ESTATE

    (507) 720-2513

    16 in this area

    132 Total Sales

    Amber Bruender
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7019131

REALTOR® Association of Southern Minnesota

APN: R-18.557.2330

Minnesota Nicollet County North Mankato 56003

1026 Sherman St, North 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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