NOT LISTED FOR SALE

1106 N 6th St Unit 1108 N 6th Mankato, MN 56001

Tourtellotte Park Neighborhood

Estimated Value: $257,000 - $298,807

7 Beds
3 Baths
2,464 Sq Ft
$116/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $195,000 $79 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,850/month

52 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Fireplace
  • Franklin Elementary School Rated A
  • 2 Car Detached Garage
  • Porch

About This Home

As of June 2016

Check out this great 6 BR duplex…perfect for an investor or an owner occupant who wants to rent out a unit and have a low housing expense! This well-maintained property is packed full of old world charm and is located in an established neighborhood close to the bus stop, Tourtellotte Park, and offers easy access to all colleges. Each unit features hardwood flooring, on-site laundry, full kitchens with newer appliances, and separate basements with heating/cooling. Additional property highlights include a covered front porch, large deck, newer siding/shingles, oversized detached two-car garage and cement off-street parking for 6 vehicles in the back with alley access. You will find a wood-burning fireplace with beautiful oak mantel, laundry and large master bedroom on the main floor of Unit 1106. Unit 1108 offers generous living spaces and an updated kitchen. This outstanding duplex has a 6-lease rental license in place with superb rental history. Call today and make this your next great investment!

Last Agent to Sell the Property

DEB ATWOOD

JBEAL REAL ESTATE GROUP License #00081360 Listed on: 03/07/2016

Last Buyer's Agent

ALAN WAGGIE

LANDMARK REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,122

Year Built

  • 1916

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 66x158

Parking

  • 2 Car Detached Garage
  • 4 Parking Spaces Included
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,464 Sq Ft Home
  • Fireplace
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel, lawn, snow, trash, water/sewer
  • Assessor Parcel Number R01.09.08.158.014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,122

Year Built

1916

Lot Details

0

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Construction: Previously Owned
  • Foundation Size: 1548
  • L V T Date: 03/08/2016
  • Mechanicals: Water Softener-None
  • Parcel Number: R01.09.08.158.014
  • Rental License: Yes
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Estimated Number of Acres: 0.24
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1916

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 7
  • Total Bathrooms: 3
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2464
  • Total Square Footage: 2464

Exterior Features

  • Frontage Road: City, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Exterior Amenities: Deck, Porch

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 66x158

Rental Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2017
Sold by
Pfeffer Alexander and Pfeffer Lauren
Bought by
Alpha Growth Llc
Current Estimated Value
$285,952

Purchase Details

Listed on
Mar 7, 2016
Closed on
May 24, 2016
Sold by
Hansen Jacob P and Hansen Nancy S
Bought by
Pfeffer Alec and Pfeffer Lauren
Seller's Agent
DEB ATWOOD
JBEAL REAL ESTATE GROUP
Buyer's Agent
ALAN WAGGIE
LANDMARK REAL ESTATE
List Price
$215,000
Sold Price
$195,000
Premium/Discount to List
-$20,000
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$146,250
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2012
Sold by
John Thomas Financial Llc
Bought by
Hansen Jacob P and Hansen Nancy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2010
Sold by
Olsson Judy H
Bought by
John Thomas Financial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.31%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alpha Growth Llc -- --
Pfeffer Alec $195,000 --
Hansen Jacob P $183,000 None Available
John Thomas Financial Llc $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pfeffer Alec $146,250
Previous Owner Hansen Jacob P $146,400
Previous Owner John Thomas Financial Llc $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2016 06/03/16 Sold $195,000 -9.3% $79 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $215,000 -- $87 / 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 $4,122 $296,900 $40,400 $256,500
2024 $4,122 $298,000 $40,400 $257,600
2023 $4,114 $307,100 $40,400 $266,700
2022 $3,430 $289,000 $40,400 $248,600
2021 $3,550 $221,900 $40,400 $181,500
2020 $3,414 $220,000 $40,400 $179,600
2019 $3,426 $220,000 $40,400 $179,600
2018 $3,052 $220,200 $40,400 $179,800
2017 $2,198 $197,700 $40,400 $157,300
2016 $2,244 $179,600 $40,400 $139,200
2015 $21 $184,200 $40,400 $143,800
2014 $2,330 $530,400 $121,200 $409,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    DEB ATWOOD

    JBEAL REAL ESTATE GROUP

    DEB ATWOOD
    Section Image

  • A

    Buyer's Agent in 2016

    ALAN WAGGIE

    LANDMARK REAL ESTATE

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7010729

REALTOR® Association of Southern Minnesota

APN: R01-09-08-158-014

Minnesota Blue Earth County Mankato 56001 Tourtellotte Park

1106 N 6th St Unit 1108 N 6th, Mankato, MN

Not Listed for Sale

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