NOT LISTED FOR SALE

Estimated Value: $204,000 - $251,000

3 Beds
1 Bath
1,638 Sq Ft
$135/Sq Ft Est. Value

Last Sold January 21, 2022

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

Est. 81% increase in value since last sale

Current estimated payment $1,448/month

Highlights

  • Porch
  • Woodwork
  • Ceiling Fan
  • Washington Elementary School Rated 9+
  • Forced Air Heating System
  • 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 Agent to Sell the Property

Angie VanEman Lynch

AMERICAN WAY REALTY Listed on: 12/30/2021

Last Buyer's Agent

Karla Van Eman

AMERICAN WAY REALTY License #00289588

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%
Current Estimated Value
$221,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,545
Avg. Annual Appreciation
20.36%
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
By Khorn $122,260 --
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
2025 $3,258 $169,100 $16,800 $152,300
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

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7028820

REALTOR® Association of Southern Minnesota

APN: R01-09-18-204-006