NOT LISTED FOR SALE

127 Spartan St Mankato, MN 56001

Estimated Value: $367,000 - $471,000

6 Beds
3 Baths
3,024 Sq Ft
$134/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $262,500 $87 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,515/month

About This Home

As of November 2020

Triplex in South Bend with additional lot. Built in 1991, all 3 units are over 1500 square feet each. 2 bedrooms, large bathrooms with washer and dryers. Seller ideally wants to sell this with 117 Spartan Street. Hot water heat with 1 boiler. 3 electric meters. 3 wall air conditioning units. Well is shared with 115 Spartan Street, new well in 2007, old well sealed by Jadd Sepmmann. Septic on vacant lots 9 & 10 (behind and to the noirth of the triples) All 3 units very similar, due to work schedules, only main floor (#2) will be available for showings. South Bend does not require rental licensing. Bsmt: $895/mo, lease until July 2020. Main floor: $795/mo, lease until Oct, 2020 Upper level: $895/mo (includes one garage stall at 115 Spartan), mo to mo.

Last Agent to Sell the Property

Karla Van Eman

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

Last Buyer's Agent

Karla Van Eman

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,330

Year Built

  • 1991

Lot Details

  • 0.54 Acre Lot
  • Property fronts a county road

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • 3,024 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Location

  • Ground Level
  • Lower Level
  • Upper Level

Utilities

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

Listing and Financial Details

  • Tenant pays for broadband, cable TV, electric
  • The owner pays for fuel, lawn, snow, trash, water/sewer
  • Assessor Parcel Number R50.08.23.103.002 & R50.08.23.103.003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,330

Year Built

1991

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Triplex
  • Construction: Previously Owned
  • Foundation Size: 1512
  • L V T Date: 01/23/2020
  • Mechanicals: Sump Pump
  • Parcel Number: R50.08.23.103.002 & R50.08.23.103.003
  • Price Per Square Foot: 57.87
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 3318
  • Estimated Number of Acres: 0.54
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1991

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Basement Features: Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3024
  • Total Square Footage: 4536
  • Below Grade Finished Sq Ft: 1512

Exterior Features

  • Frontage Road: County
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Gravel

Utilities

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

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 60x110 and 154x110

Rental Info

  • Owner Expense: Fuel, Lawn, Snow, Trash, Water/Sewer
  • Tenant Expense: Broadband, Cable TV, Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Smerud Emma
Bought by
Brooks Douglas
Current Estimated Value
$406,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,250
Outstanding Balance
$205,067
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$201,266

Purchase Details

Listed on
Jan 23, 2020
Closed on
Nov 16, 2020
Sold by
Blue Ribbon Properties Llc
Bought by
Smerud Scott J
Seller's Agent
Karla Van Eman
AMERICAN WAY REALTY
Buyer's Agent
Karla Van Eman
AMERICAN WAY REALTY
List Price
$289,000
Sold Price
$262,500
Premium/Discount to List
-$26,500
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%

Purchase Details

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

Range of Values:

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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
Brooks Douglas $287,000 --
Smerud Scott J $262,500 St Andrews Title
Blue Ribbon Properties Llc -- --
Blue Ribbon Properties Llc -- --
Smerud Emma Emma $262,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Douglas $215,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Sold $262,500 -6.2% $87 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
05/26/2020 05/26/20 Price Changed $279,900 -3.1% $93 / Sq Ft
01/23/2020 01/23/20 For Sale $289,000 -- $96 / 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 $4,330 $386,300 $22,000 $364,300
2024 $4,330 $342,100 $22,000 $320,100
2023 $4,292 $363,900 $22,000 $341,900
2022 $3,816 $331,800 $22,000 $309,800
2021 $3,814 $262,400 $22,000 $240,400
2020 $3,512 $243,100 $15,700 $227,400
2019 $3,318 $243,100 $15,700 $227,400
2018 $2,786 $257,900 $15,700 $242,200
2017 $2,532 $229,300 $15,700 $213,600
2016 $2,356 $220,500 $15,700 $204,800
2015 $23 $202,800 $15,700 $187,100
2014 -- $205,200 $15,700 $189,500
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
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7023100

REALTOR® Association of Southern Minnesota

APN: R50-08-23-103-002

Minnesota Blue Earth County Mankato 56001

127 Spartan St, Mankato, MN

This home is located at 127 Spartan St, Mankato, MN 56001 since 23 January 2020 and is currently estimated at $406,333, approximately $134 per square foot. This property was built in 1991. 127 Spartan St 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.

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