NOT LISTED FOR SALE

107 Horseshoe Ln Mankato, MN 56001

Estimated Value: $207,000 - $287,000

6 Beds
3 Baths
2,331 Sq Ft
$106/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $159,000 $68 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,695/month

About This Home

As of March 2021

6 bedroom fixer upper with Seller financing! Wonderful opportunity for investor or handyman owner occupant to get in and do the work before financing. Back yard backs up to a farm field, lending it to extra privacy! Don't miss out on this opportunity to put your creativity to work in a location a few minutes from Mankato! Seller advises there there is 2 unit rental license in place and that there are 2 legal units

Last Agent to Sell the Property

Roberta Simpson-Backstrom

Midwest Homes License #20500195 Listed on: 10/26/2020

Last Buyer's Agent

Carrie Zeldenrust

REALTY EXECUTIVES ASSOCIATES License #404954494

REALTY EXECUTIVES ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,734

Year Built

  • 1977

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 51x262x203x155

Parking

  • 2 Car Detached Garage

Home Design

  • Bi-Level Home
  • Poured Concrete
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R17-15-08-303-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,734

Year Built

1977

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Estimated Number of Acres: 0.57
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1424
  • L V T Date: 10/26/2020
  • Mechanicals: Circuit Breaker
  • Parcel Number: R17-15-08-303-004
  • Price Per Square Foot: 36
  • Rental License: Yes
  • Sold Price Per Sq Ft: 37
  • Stories: Bi-Level Split
  • Street Designation: Lane
  • Taxes With Assessments: 3084
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, On Level: Upper
  • Room 2: Dining Room, On Level: Upper
  • Room 3: Family Room, On Level: Lower
  • Room 4: Bedroom, On Level: Upper
  • Room 5: Bedroom, On Level: Upper
  • Room 6: Bedroom, On Level: Upper
  • Room 7: On Level: Upper
  • Room 8: Bedroom, On Level: Lower
  • Room 9: Bedroom, On Level: Lower
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1456
  • Below Grade Finished Sq Ft: 875
  • Tot Above Grade Sq Ft: 2880
  • Total Fin Square Footage: 2331
  • Total Square Footage: 4304
  • Tot Below Grade Sq Ft: 1424

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: St. Clair #75

Lot Info

  • Estimated Lot Dimensions: 51x262x203x155

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2020
Closed on
Feb 26, 2021
Sold by
Ctw Group Inc
Bought by
Horn Travis Ray
Seller's Agent
Roberta Simpson-Backstrom
Midwest Homes
Buyer's Agent
Carrie Zeldenrust
REALTY EXECUTIVES ASSOCIATES
List Price
$172,900
Sold Price
$159,000
Premium/Discount to List
-$13,900
-8.04%
Current Estimated Value
$246,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,218
Avg. Annual Appreciation
5.18%
Original Mortgage
$156,120
Outstanding Balance
$141,039
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$58,567
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
Horn Travis Ray $159,000 Titlesmart Inc
Horn Travis Travis $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horn Travis Ray $156,120
Closed Horn Travis Travis $156,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $159,000 +2.6% $68 / Sq Ft
01/22/2021 01/22/21 Price Changed $154,900 -6.6% $66 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
12/17/2020 12/17/20 Price Changed $165,900 -1.2% $71 / Sq Ft
11/19/2020 11/19/20 Price Changed $167,900 -2.9% $72 / Sq Ft
10/26/2020 10/26/20 For Sale $172,900 -- $74 / 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 $4,734 $233,700 $30,300 $203,400
2024 $4,734 $225,300 $30,200 $195,100
2023 $5,216 $225,700 $30,200 $195,500
2022 $3,936 $214,500 $30,200 $184,300
2021 $3,238 $173,400 $30,200 $143,200
2020 $3,084 $181,300 $30,200 $151,100
2019 $1,482 $181,300 $30,200 $151,100
2018 $2,970 $179,300 $30,200 $149,100
2017 $2,812 $179,300 $30,200 $149,100
2016 $2,908 $162,200 $30,200 $132,000
2015 $28 $162,900 $30,200 $132,700
2014 $2,622 $480,300 $90,600 $389,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7025648

REALTOR® Association of Southern Minnesota

APN: R17-15-08-303-004