NOT LISTED FOR SALE

109 S 4th St Mankato, MN 56001

Five Corners Neighborhood

Estimated Value: $231,000 - $247,000

3 Beds
1 Bath
1,638 Sq Ft
$148/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $122,260 $75 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,619/month

7 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Partially Fenced Property
  • Woodwork
  • Ceiling Fan
  • 3-minute walk to Seven Mile Creek County Park

About This Home

As of January 2022

Attention investors! Great single family 2-story with 5 unrelated rental license. Lots of character including original hardwood floors and beautiful millwork throughout. Main floor: enclosed front porch, spacious living room featuring a stunning coffered ceiling, dining area, den/office, and kitchen. Upstairs, 3 bedrooms, full bath, and unfinished walk-up attic. Unfinished basement with laundry. $1200/month tenants pay utilities.

Last Listed By

Angie VanEman Lynch

AMERICAN WAY REALTY Listed on: 12/30/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,258

Year Built

  • 1921

Lot Details

  • 5,227 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 3 Car Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,638 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Walkup Attic

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, trash, water/sewer, fuel
  • Assessor Parcel Number R01.09.18.204.006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,258

Year Built

1921

Lot Details

0

Parking

3

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Single Family Rental (L)
  • Construction: Previously Owned
  • Foundation Size: 672
  • L V T Date: 01/03/2022
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R01.09.18.204.006
  • Price Per Square Foot: 50.37
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 1624
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1921

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1638
  • Total Fin Square Footage: 1638
  • Total Square Footage: 2427
  • Below Grade Finished Sq Ft: 789

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Exterior Amenities: Fenced Yard - Partial, Porch

Garage/Parking

  • Number Garage Spaces: 3
  • Number Off Street Parking: 3

Utilities

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

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 5214 sf

Rental Info

  • Tenant Expense: Electric, Trash, Water/Sewer, Fuel

Multi Family

  • Total Units Available: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2021
Closed on
Jan 21, 2022
Sold by
Madigan Darlene
Bought by
By Khorn and By Savy
Seller's Agent
Angie VanEman Lynch
AMERICAN WAY REALTY
Buyer's Agent
Karla Van Eman
AMERICAN WAY REALTY
List Price
$120,000
Sold Price
$122,260
Premium/Discount to List
$2,260
1.88%
Total Days on Market
7
Current Estimated Value
$241,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,526
Avg. Annual Appreciation
23.11%

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
By Khorn $122,260 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madigan Darlene M $101,500
Previous Owner Monroe Darlene M $20,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $122,260 +1.9% $75 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $120,000 -- $73 / 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
2024 $3,258 $165,800 $16,800 $149,000
2023 $1,762 $160,700 $16,800 $143,900
2022 $1,642 $149,200 $16,800 $132,400
2021 $1,624 $128,300 $16,800 $111,500
2020 $1,548 $120,100 $16,800 $103,300
2019 $1,608 $120,100 $16,800 $103,300
2018 $1,560 $124,400 $16,800 $107,600
2017 $1,404 $121,400 $16,800 $104,600
2016 $1,312 $114,200 $16,800 $97,400
2015 $13 $107,000 $16,800 $90,200
2014 $1,810 $308,700 $50,400 $258,300
Source: Public Records

Agents Affiliated with this Home

  • Angie VanEman Lynch

    Seller's Agent in 2022

    Angie VanEman Lynch

    AMERICAN WAY REALTY

    (507) 381-8961

    1 in this area

    214 Total Sales

    Angie VanEman Lynch
    Section Image
  • Karla Van Eman

    Buyer's Agent in 2022

    Karla Van Eman

    AMERICAN WAY REALTY

    (507) 388-2660

    1 in this area

    317 Total Sales

    Karla Van Eman
    Section Image
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Map

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Source: REALTOR® Association of Southern Minnesota

MLS Number: 7028820

REALTOR® Association of Southern Minnesota

APN: R01-09-18-204-006

Minnesota Blue Earth County Mankato 56001 Five Corners

109 S 4th St, Mankato, MN

Homes for Sale in Mankato, MN

This home is located at 109 S 4th St, Mankato, MN 56001 since 30 December 2021 and is currently estimated at $241,786, approximately $147 per square foot. This property was built in 1921. 109 S 4th St is a home located in Blue Earth County with nearby schools including Washington Elementary School, Prairie Winds Middle School, and Mankato East Senior High 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.