NOT LISTED FOR SALE

103 1st Ave NE Unit First Mapleton, MN 56065

4 Beds
3 Baths
2,400 Sq Ft
5,227 Sq Ft Lot

Last Sold July 31, 2021

Last sale price $172,000 $72 Per Sq Ft

21 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • 1-Story Property

About This Home

As of July 2021

Great Investment Opportunity! Fully leased mixed use building with 3 updated apartments and an operating laundromat. Apartments rent for $1825/month combined and the laundromat averages $800/month. Boiler was removed and replaced with a commercial water heater in 2019, roof is newer, central air added, 3 new Speed Queen washers in 2020. Fully occupied, only laundromat in the community! Owner is a licensed Broker.

Last Listed By

Christa Wolner

Connect Real Estate Group Listed on: 06/11/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1922

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x105

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Concrete Block And Stucco Construction
  • Slate

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 1 Parking Space Included
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Location

  • Ground Level

Utilities

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

Community Details

  • Gross Income $31,500

Listing and Financial Details

  • Tenant pays for cable TV, electric, trash, fuel
  • The owner pays for snow, water/sewer
  • Assessor Parcel Number R15.24.04.259.008

Property Details

Home Type

Multi-Family

Year Built

1922

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Assessment Balance: 20
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 3600
  • L V T Date: 06/11/2021
  • Mechanicals: Water Heater - Gas, Water Softner - Owned
  • Parcel Number: R15.24.04.259.008
  • Price Per Square Foot: 47.78
  • Rental License: Yes
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 2386
  • Estimated Number of Acres: 0.12
  • Zoning: Mixed
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1922

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 3400
  • Total Fin Square Footage: 2400
  • Total Square Footage: 3600

Exterior Features

  • Frontage Road: City
  • Construction Type: Concrete Block, Frame/Wood
  • Exterior: Slate
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Asphalt

Garage/Parking

  • Number Off Street Parking: 6

Utilities

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

Schools

  • School District: Maple River #2135

Lot Info

  • Estimated Lot Dimensions: 50x105

Rental Info

  • Owner Expense: Snow, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Trash, Fuel
  • Type of Tenancy: One Year Lease

Multi Family

  • Est Annual Gross Expense: 9359
  • Est Annual Gross Income: 31500

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2021 07/31/21 Sold $172,000 -4.4% $72 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $180,000 -- $75 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Christa Wolner

    Seller's Agent in 2021

    Christa Wolner

    Connect Real Estate Group

    (507) 327-6300

    119 Total Sales

    Christa Wolner
    Section Image

  • Z

    Buyer's Agent in 2021

    Zach Alms

    LANDMARK REAL ESTATE

    (507) 381-9123

    Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7027287

REALTOR® Association of Southern Minnesota

Minnesota Blue Earth County Mapleton 56065

103 1st Ave NE Unit First, Mapleton, MN

Homes for Sale in Mapleton, MN

This home is located at 103 1st Ave NE Unit First, Mapleton, MN 56065 since 11 June 2021. This property was built in 1922. 103 1st Ave NE Unit First is a home located in Blue Earth County with nearby schools including Maple River Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.