NOT LISTED FOR SALE

131 Red Oak Ln Mankato, MN 56001

Estimated Value: $569,000 - $663,000

4 Beds
4 Baths
3,722 Sq Ft
$165/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $500,000 $134 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,643/month

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Corner Lot
  • Jefferson Elementary School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of September 2021

You will be wowed when you pull up to this beautiful 2 story home on over an acre of land. Sitting just outside the city limits, this 4 br 4 bath home with a finished 5 car garage with access to the basement is just what your family has been waiting for. The main level offers an office, formal dining room, main floor laundry which leads to garage, open kitchen with large pantry, living room with fireplace and back door access to the exposed aggregrate patio. Upstairs you will find 4 bedrooms and 2 bathrooms. Master has it's own private bathroom with separate corner jet tub, shower and nice walk in closet. The basement has been freshly painted along with all new flooring, complete with 1/2 bath and access to garage. Large park like yard with many trees and a good sized storage shed. This home was built by Pat Touhey, quality inside and out.

Last Agent to Sell the Property

Cheryl Krengel

JBEAL REAL ESTATE GROUP Listed on: 08/06/2021

Last Buyer's Agent

Dick Norland

MIDWEST REALTY License #00254762

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,744

Year Built

  • 2001

Lot Details

  • 1.34 Acre Lot
  • Lot Dimensions are 266 x 220
  • Property fronts a county road
  • Corner Lot
  • Many Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Active Radon Mitigation
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Car Attached Garage
  • Tandem Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number R43.08.25.477.011

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,744

Year Built

2001

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Kitchen Center Island, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups, Combination Windows (L), Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Driveway - Asphalt, Patio, Porch
  • Estimated Number of Acres: 1.34
  • Assessment Balance: 20
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1302
  • L V T Date: 08/13/2021
  • Mechanicals: Air to Air Exchange, Water Heater-Gas, Water Softener-Owned, Sump Pump, Radon Mitigation-Active
  • Parcel Number: R43.08.25.477.011
  • Price Per Square Foot: 131
  • Sold Price Per Sq Ft: 134
  • Stories: 2 Story
  • Taxes With Assessments: 3924
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Dining Room: Combine with Kitchen, Combine with Living Room, Eat-In Kitchen, Formal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: In Living Room
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 1/2 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Upper Level Bath
  • Total Bathrooms: 4
  • Half Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Family Room, 17x16, On Level: Main
  • Room 2: Kitchen, 13x18, On Level: Main
  • Room 3: Dining Room, 12x14, On Level: Main
  • Room 4: Den/Office, 11x14, On Level: Main
  • Room 5: Master Bedroom, 14x15, On Level: Upper
  • Room 6: Bedroom, 11x14, On Level: Upper
  • Room 7: 10x12, On Level: Upper
  • Room 8: Bedroom, 12x10, On Level: Upper
  • Room 9: Family Room, 30x40, On Level: Lower
  • Basement Features: Drainage System, Egress Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2422
  • Below Grade Finished Sq Ft: 1300
  • Tot Above Grade Sq Ft: 2422
  • Total Fin Square Footage: 3722
  • Total Square Footage: 3724
  • Tot Below Grade Sq Ft: 1302

Exterior Features

  • Frontage Road: County, Paved
  • Construction Type: Frame/Wood
  • Exterior: Cement Board
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Tandem
  • Garage Capacity: 5
  • Garage Square Footage: 1068

Utilities

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

Schools

  • School District: Mankato #77
  • Mankato Schools: Dakota Meadows, Mankato West

Lot Info

  • Estimated Lot Dimensions: 266 x 220
  • Lot/Land Description: Corner Lot, Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 28, 2021
Sold by
Buerman Aaron D and Buerman Jacquelene M
Bought by
Barry James J and Barry Amy
Seller's Agent
Cheryl Krengel
JBEAL REAL ESTATE GROUP
Buyer's Agent
Dick Norland
MIDWEST REALTY
List Price
$488,000
Sold Price
$500,000
Premium/Discount to List
$12,000
2.46%
Current Estimated Value
$614,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,496
Avg. Annual Appreciation
5.20%
Original Mortgage
$324,500
Outstanding Balance
$295,914
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$318,582

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 30, 2021
Sold by
Zeigler Scott D and Ziegler Elizabeth M
Bought by
Buerman Aaron D and Buerman Jacquelene M
Seller's Agent
KARLA MALONE
Coldwell Banker River Valley
Buyer's Agent
Cheryl Krengel
JBEAL REAL ESTATE GROUP
List Price
$488,000
Sold Price
$450,000
Premium/Discount to List
-$38,000
-7.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.30%
Original Mortgage
$360,000
Interest Rate
3.1%
Mortgage Type
New Conventional
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
Barry James J $500,000 Stewart Title
Buerman Aaron D $450,000 Stewart Title
Barry James James $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barry James J $324,500
Previous Owner Buerman Aaron D $360,000
Closed Barry James James $324,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2021 09/28/21 Sold $500,000 +2.5% $134 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $488,000 +8.4% $131 / Sq Ft
04/30/2021 04/30/21 Sold $450,000 -7.8% $123 / Sq Ft View Prior Sale
02/22/2021 02/22/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $488,000 -- $133 / 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 $4,744 $595,300 $102,000 $493,300
2024 $4,744 $522,700 $102,000 $420,700
2023 $4,412 $541,300 $102,000 $439,300
2022 $4,046 $501,000 $102,000 $399,000
2021 $3,924 $405,600 $102,000 $303,600
2020 $6,326 $427,600 $126,500 $301,100
2019 $4,018 $427,600 $126,500 $301,100
2018 $3,810 $417,800 $126,500 $291,300
2017 $3,486 $397,800 $126,500 $271,300
2016 $3,324 $384,300 $126,500 $257,800
2015 $32 $369,900 $126,500 $243,400
2014 $3,482 $370,000 $126,500 $243,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7027887

REALTOR® Association of Southern Minnesota

APN: R43-08-25-477-011