NOT LISTED FOR SALE

116 E Spring St Mankato, MN 56001

Riverfront Park Neighborhood

Estimated Value: $143,000 - $181,000

2 Beds
2.5 Baths
1,463 Sq Ft
$107/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $108,000 $74 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $885/month

115 Days on Market

Highlights

  • Formal Dining Room
  • 1 Car Detached Garage
  • Bathroom on Main Level
  • Franklin Elementary School Rated A
  • Woodwork
  • Forced Air Heating System

About This Home

As of July 2023

2-Story home located in Central Mankato! Main floor features 2 Living Rooms, Formal Dining, 3/4-Bathroom, Kitchen and a Wrapped around Porch. Upper-level features 2 Bedrooms and a Full Bathroom. Unfinished Basement. This home has allot of charm-character and potential! Home is being Sold AS-IS.

Last Agent to Sell the Property

Holly Clark

eXp Realty License #40453525 Listed on: 02/11/2023

eXp Realty

Last Buyer's Agent

Clifford Blaisdell

TRUE REAL ESTATE License #40489154

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,196

Year Built

  • Built in 1906

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Formal Dining Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Utilities

  • Forced Air Heating System
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number R01.09.07.406.021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,196

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Shared
  • Estimated Number of Acres: 0.07
  • Assessments: Yes
  • Foundation Size: 1074
  • L V T Date: 02/11/2023
  • Mechanicals: Water Softener-Rented
  • Parcel Number: R01.09.07.406.021
  • Stories: 2 Story
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dryer, Range/Stove, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 1/2 Basement, Main Floor 3/4 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 14x10.5, On Level: Main
  • Room 2: Dining Room, 13.25x13.5, On Level: Main
  • Room 3: Living Room, 13.25x12, On Level: Main
  • Room 4: Living Room, 19.25x12.28, On Level: Main
  • Room 5: Bathroom, 8x13.5, On Level: Main
  • Room 6: Master Bedroom, 13.1x12.35, On Level: Upper
  • Room 7: 10.5x12.5, On Level: Upper
  • Room 8: Bathroom, 7.25x7.25, On Level: Upper
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1338
  • Below Grade Finished Sq Ft: 125
  • Tot Above Grade Sq Ft: 1338
  • Total Fin Square Footage: 1463
  • Total Square Footage: 2412
  • Tot Below Grade Sq Ft: 1074

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Aluminum
  • Out Buildings: Garage
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1
  • Garage Square Footage: 240

Utilities

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

Schools

  • Mankato Schools: Mankato East, Prairie Winds Middle

Lot Info

  • Estimated Lot Dimensions: 3120

Building Info

  • Year Built: 1906

Tax Info

  • Year: 2022
  • Tax Value: 1196

MLS Schools

  • School District: Mankato #77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2023
Closed on
Jul 11, 2023
Sold by
Oney Carol
Bought by
Grundhoffer Brady
Seller's Agent
Holly Clark
eXp Realty
Buyer's Agent
Clifford Blaisdell
TRUE REAL ESTATE
List Price
$109,700
Sold Price
$108,000
Premium/Discount to List
-$1,700
-1.55%
Views
1410
Current Estimated Value
$156,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,168
Avg. Annual Appreciation
15.96%
Original Mortgage
$106,920
Outstanding Balance
$104,264
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$51,904
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
Grundhoffer Brady $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grundhoffer Brady $106,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2023 07/11/23 Sold $108,000 0.0% $74 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $108,000 -1.5% $74 / Sq Ft
02/11/2023 02/11/23 For Sale $109,700 -- $75 / 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 $818 $101,600 $14,400 $87,200
2024 $818 $103,100 $14,400 $88,700
2023 $1,444 $109,700 $14,400 $95,300
2022 $1,216 $142,900 $14,400 $128,500
2021 $1,202 $117,500 $14,400 $103,100
2020 $1,130 $110,300 $14,400 $95,900
2019 $1,094 $110,300 $14,400 $95,900
2018 $1,056 $107,600 $14,400 $93,200
2017 $918 $104,900 $14,400 $90,500
2016 $830 $98,700 $14,400 $84,300
2015 $8 $92,500 $14,400 $78,100
2014 $966 $89,800 $14,400 $75,400
Source: Public Records

Agents Affiliated with this Home

  • Holly Clark

    Seller's Agent in 2023

    Holly Clark

    eXp Realty

    (507) 469-0174

    1 in this area

    9 Total Sales

    Holly Clark
    Section Image

  • C

    Buyer's Agent in 2023

    Clifford Blaisdell

    TRUE REAL ESTATE

    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7031658

REALTOR® Association of Southern Minnesota

APN: R01-09-07-406-021

Minnesota Blue Earth County Mankato 56001 Riverfront Park

116 E Spring St, Mankato, MN

Not Listed for Sale

Detached

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