NOT LISTED FOR SALE

Estimated Value: $240,000 - $270,000

4 Beds
2 Baths
1,076 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $173,000 $161 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,570/month

4 Days on Market

Highlights

  • Detached Garage
  • 1-Story Property
  • 3-minute walk to Emerson Park
  • Washington Elementary School Rated 9+
  • Forced Air Heating and Cooling System

About This Home

As of December 2020

Well-maintained duplex for sale in Mankato. Upper unit features 2 bedrooms, 1 bathroom and a ton of living space. Lower unit is a 2 bedroom with a 3/4 bath. Owner pays all utilities- roughly 300 dollars a month. Upper unit is rented until the end of December. Lower unit is vacant. Great investment opportunity!

Last Agent to Sell the Property

Dan Terrell

RE/MAX DYNAMIC AGENTS Listed on: 10/27/2020

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Kellie Krumwiede

Connect Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • 1946

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 70 x 118 x 70 x 86

Parking

  • Detached Garage

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 1,076 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Basement

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

Location

  • Lower Level
  • Upper Level

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R010917155022

Property Details

Home Type

Multi-Family

Year Built

1946

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Foundation Size: 1076
  • L V T Date: 10/28/2020
  • Mechanicals: Sump Pump
  • Parcel Number: R010917155022
  • Rental License: Yes
  • Stories: 1 Story
  • Street Designation: Street
  • Estimated Number of Acres: 0.16
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1946

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1076
  • Total Square Footage: 2152
  • Below Grade Finished Sq Ft: 850

Exterior Features

  • Construction Type: Frame/Wood

Garage/Parking

  • Garage Type: Detached

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 70 x 118 x 70 x 86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Dec 30, 2020
Sold by
Sheurer Paul Q
Bought by
Key City Properties Llc
Seller's Agent
Dan Terrell
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Kellie Krumwiede
Connect Real Estate Group
List Price
$175,000
Sold Price
$173,000
Premium/Discount to List
-$2,000
-1.14%
Current Estimated Value
$256,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,871
Avg. Annual Appreciation
8.14%
Original Mortgage
$150,400
Outstanding Balance
$17,277
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$239,594
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Key City Properties Llc $173,000 Stewart Title
-- $173,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Key City Properties Llc $150,400
Closed -- $150,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $173,000 -1.1% $161 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $175,000 -- $163 / 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 $2,718 $185,900 $30,100 $155,800
2024 $2,718 $196,000 $30,100 $165,900
2023 $2,614 $183,000 $30,100 $152,900
2022 $2,262 $183,000 $30,100 $152,900
2021 $2,246 $145,900 $30,100 $115,800
2020 $2,178 $139,800 $30,100 $109,700
2019 $2,080 $139,800 $30,100 $109,700
2018 $1,954 $133,200 $30,100 $103,100
2017 $1,760 $126,000 $30,100 $95,900
2016 $1,756 $117,900 $30,100 $87,800
2015 $16 $117,900 $30,100 $87,800
2014 $1,086 $110,000 $30,100 $79,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7025665

REALTOR® Association of Southern Minnesota

APN: R01-09-17-155-022