NOT LISTED FOR SALE

1243 Lake St North Mankato, MN 56003

Estimated Value: $332,000 - $372,000

4 Beds
2 Baths
1,710 Sq Ft
$205/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $225,500 $132 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,141/month

Highlights

  • 0.56 Acre Lot
  • Wood Flooring
  • 2 Car Attached Garage
  • Mankato West Senior High School Rated A-
  • Balcony
  • Double Pane Windows

About This Home

As of June 2016

"Tree House Style" living in this 3 story unique and updated home set on a lower North Mankato hillside. This home has a view of Spring Lake Park and city lights. Enjoy the character of natural oak woodwork and hardwood floors. Doors from the dining room lead to a large patio over the garage. Living room doors lead to covered balcony area in the front. Updates include new kitchen cabinets with farm style sink in 2011, hot water heater in 2015, roof 2013, newer lower level tile flooring and outside landscaping. Driveway will be fixed before closing. Must see to appreciate!

Last Agent to Sell the Property

Neoma Peterson

CENTURY 21 ATWOOD License #00345451 Listed on: 04/11/2016

CENTURY 21 ATWOOD

Last Buyer's Agent

PEG GANEY

RE/MAX Professionals License #00740548

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,660

Year Built

  • 1927

Lot Details

  • 0.56 Acre Lot
  • Landscaped
  • Many Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,710 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Double Pane Windows
  • Carbon Monoxide Detectors
  • Washer

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Drain
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener Leased
  • Phone Available

Community Details

  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 18-268-0020

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,660

Year Built

1927

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups, Double Pane Windows (L), CO Detectors (L)
  • Amenities Exterior: Balcony, Driveway - Asphalt, Patio
  • Estimated Number of Acres: 0.56
  • Construction: Previously Owned
  • L V T Date: 04/12/2016
  • Mechanicals: Water Heater-Gas, Water Softener-Rented
  • Parcel Number: 18-268-0020
  • Stories: 3 Story
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1927

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 21x13, On Level: Main
  • Room 2: Dining Room, 14x12, On Level: Main
  • Room 3: Rec Room, 20x12, On Level: Lower
  • Room 4: Kitchen, 14x9, On Level: Main
  • Room 5: Master Bedroom, 25x10, On Level: Upper
  • Room 6: Other, 10x14, On Level: Upper
  • Room 7: 12x9, On Level: Main
  • Room 8: Bedroom, 10x9, On Level: Main
  • Room 9: Bedroom, 12x11, On Level: Lower
  • Basement Features: Drainage System, Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1710
  • Tot Above Grade Sq Ft: 1710
  • Total Fin Square Footage: 1710
  • Total Square Footage: 2720
  • Tot Below Grade Sq Ft: 1010

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2
  • Garage Square Footage: 528

Utilities

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

Schools

  • Mankato Schools: Dakota Meadows, Mankato West, Monroe

Lot Info

  • Estimated Lot Dimensions: 24,449 Sq. Ft.
  • Lot/Land Description: Landscaped, Ravine, Tree Coverage - Heavy, Paved Streets, Telephone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 15, 2016
Sold by
Laughter Jakki Jakki
Bought by
Bakke Benton Benton
Seller's Agent
Neoma Peterson
CENTURY 21 ATWOOD
Buyer's Agent
PEG GANEY
RE/MAX Professionals
List Price
$249,900
Sold Price
$225,500
Premium/Discount to List
-$24,400
-9.76%
Current Estimated Value
$350,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,226
Avg. Annual Appreciation
4.81%
Original Mortgage
$164,702
Outstanding Balance
$131,213
Interest Rate
3.6%
Estimated Equity
$219,514
Source: Public Records

Range of Values:

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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
Bakke Benton Benton $225,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakke Benton Benton $164,702
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $225,500 -9.8% $132 / Sq Ft
04/24/2016 04/24/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $249,900 -- $146 / 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 $3,660 $303,900 $62,400 $241,500
2024 $3,434 $303,900 $62,400 $241,500
2023 $3,314 $276,200 $62,400 $213,800
2022 $2,938 $266,900 $62,400 $204,500
2021 $2,936 $218,200 $52,300 $165,900
2020 $2,674 $211,600 $52,300 $159,300
2019 $2,590 $198,300 $52,300 $146,000
2018 $2,522 $191,700 $52,300 $139,400
2017 -- $183,700 $0 $0
2016 $2,094 $0 $0 $0
2015 -- $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Neoma Peterson

    CENTURY 21 ATWOOD

    Section Image

  • P

    Buyer's Agent in 2016

    PEG GANEY

    RE/MAX

    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7011206

REALTOR® Association of Southern Minnesota

APN: R-18.268.0020

Minnesota Nicollet County North Mankato 56003

1243 Lake St, North Mankato, MN

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