NOT LISTED FOR SALE

115 Spartan St Unit 1 Mankato, MN 56001

Estimated Value: $161,000 - $337,000

2 Beds
2 Baths
1,134 Sq Ft
$195/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $120,000 $106 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,289/month

Highlights

  • 2 Car Detached Garage
  • Roosevelt Elementary School Rated A-
  • Baseboard Heating

About This Home

As of November 2020

Duplex with oversized double garage (40x28), seller would ideally prefer to sell this property with the triplex adjacent at 127 Spartan Street. Tenants pay electricity, owner pays gas and garbage. Well is shared with 127 Spartan Street. Septic is to the north of the garage. South Bend does not require rental licensing. Showings will need to be confirmed by both tenants. Main floor -- do not let cat out. Two new boilers. Currently 1 garage stall is included with rent for main floor. 2nd garage stall used by tenant in Unit #3 at 127 Spartan Street. New well in 2007, old well was sealed by Seppmann's. Main floor: $645/mo; includes one garage stall; mo to mo lease. Upper level: $650/mo; lease til 8/31/2020

Last Agent to Sell the Property

Karla Van Eman

AMERICAN WAY REALTY License #00289588 Listed on: 01/23/2020

Last Buyer's Agent

Jay Sallstrom

RE/MAX Results License #40466159

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,442

Year Built

  • 1895

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 95x100

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,134 Sq Ft Home
  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement
  • Stone Basement

Location

  • Ground Level
  • Upper Level

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Boiler Heating System
  • Private Water Source
  • Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Tenant pays for cable TV, electric
  • The owner pays for fuel, lawn, maint/repair, snow, water/sewer
  • Assessor Parcel Number R50.08.23.103.001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,442

Year Built

1895

Lot Details

0

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Foundation Size: 632
  • L V T Date: 01/23/2020
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R50.08.23.103.001
  • Price Per Square Foot: 105.82
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 1116
  • Estimated Number of Acres: 0.24
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1895

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1134
  • Total Fin Square Footage: 1134
  • Total Square Footage: 1134

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Baseboard, Boiler
  • Sewer: Private
  • Water: Private

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 95x100

Rental Info

  • Owner Expense: Fuel, Lawn, Maint/Repair, Snow, Water/Sewer
  • Tenant Expense: Cable TV, Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Nov 12, 2020
Sold by
Blue Ribbon Properties Llc
Bought by
Bichols Dylan
Seller's Agent
Karla Van Eman
AMERICAN WAY REALTY
Buyer's Agent
Jay Sallstrom
RE/MAX Results
List Price
$137,700
Sold Price
$120,000
Premium/Discount to List
-$17,700
-12.85%
Current Estimated Value
$220,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,624
Avg. Annual Appreciation
13.15%
Original Mortgage
$117,826
Outstanding Balance
$104,848
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$115,776

Purchase Details

Closed on
Aug 13, 2013
Sold by
Erickson Harley
Bought by
Blue Ribbon Properties Llc
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Bichols Dylan $120,000 Stewart Title
Blue Ribbon Properties Llc -- --
Blue Ribbon Properties Llc -- --
Nichols Dylan Dylan $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bichols Dylan $117,826
Closed Nichols Dylan Dylan $117,826
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2020 11/12/20 Sold $120,000 -3.0% $106 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/13/2020 07/13/20 Price Changed $123,700 -4.8% $109 / Sq Ft
05/26/2020 05/26/20 Price Changed $129,900 -5.7% $115 / Sq Ft
01/23/2020 01/23/20 For Sale $137,700 -- $121 / 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 $1,442 $169,100 $23,500 $145,600
2024 $1,442 $137,200 $23,500 $113,700
2023 $1,206 $144,200 $23,500 $120,700
2022 $976 $132,900 $23,500 $109,400
2021 $934 $104,000 $23,500 $80,500
2020 $1,132 $93,600 $16,800 $76,800
2019 $1,116 $93,600 $16,800 $76,800
2018 $956 $103,300 $16,800 $86,500
2017 $868 $93,000 $16,800 $76,200
2016 $816 $89,900 $16,800 $73,100
2015 $8 $83,600 $16,800 $66,800
2014 $940 $251,400 $50,400 $201,000
Source: Public Records

Agents Affiliated with this Home

  • Karla Van Eman

    Seller's Agent in 2020

    Karla Van Eman

    AMERICAN WAY REALTY

    (507) 388-2660

    276 Total Sales

    Karla Van Eman
    Section Image
  • Jay Sallstrom

    Buyer's Agent in 2020

    Jay Sallstrom

    RE/MAX

    (507) 428-7983

    89 Total Sales

    Jay Sallstrom
    Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7023099

REALTOR® Association of Southern Minnesota

APN: R50-08-23-103-001

Minnesota Blue Earth County Mankato 56001

115 Spartan St Unit 1, Mankato, MN

This home is located at 115 Spartan St Unit 1, Mankato, MN 56001 since 23 January 2020 and is currently estimated at $220,624, approximately $194 per square foot. This property was built in 1895. 115 Spartan St Unit 1 is a home located in Blue Earth County with nearby schools including Roosevelt Elementary School, Dakota Meadows Middle School, and Mankato West 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.

Nearby Homes