1404 N 5th St Mankato, MN 56001
Tourtellotte Park NeighborhoodEstimated Value: $178,000 - $248,000
3
Beds
2
Baths
1,557
Sq Ft
$133/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Corner Lot
- Eat-In Kitchen
- Franklin Elementary School Rated A
- Porch
- Forced Air Heating System
About This Home
As of May 2023Investment opportunity! Main floor unit offers two bedrooms, one bathroom, eat-in kitchen, living room, and access to the coin-operated laundry in the basement. The upper unit offers one bedroom, one bathroom, and living room. Both units have access to open porch and off street parking. New energy-efficient furnace installed in October, 2022. Property is sold AS-IS.
Last Agent to Sell the Property
TRUE REAL ESTATE License #40851233 Listed on: 04/17/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,534
Year Built
- Built in 1886
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 50x80
- Corner Lot
Home Design
- Duplex
- Frame Construction
- Slate
Interior Spaces
- 1,557 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Flooring
- Walkup Attic
Kitchen
- Eat-In Kitchen
- Range
- Recirculated Exhaust Fan
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Stone Basement
Parking
- 1 Parking Space Included
- Driveway
- Off-Street Parking
Outdoor Features
- Porch
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for broadband, cable TV
- The owner pays for electric, fuel, lawn, maint/repair, snow, trash, water/sewer
- Assessor Parcel Number R01.09.08.111.018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2023
Closed on
May 16, 2023
Sold by
Oachs Thomas
Bought by
Stutsman Stuart
Seller's Agent
Jaci Ullrich
TRUE REAL ESTATE
Buyer's Agent
Raice King
Excelsior Realty
List Price
$170,000
Sold Price
$150,000
Premium/Discount to List
-$20,000
-11.76%
Total Days on Market
14
Views
129
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,346
Avg. Annual Appreciation
21.57%
Original Mortgage
$112,500
Outstanding Balance
$109,932
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$113,480
Similar Homes in Mankato, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stutsman Stuart | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stutsman Stuart | $112,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2023 05/16/23 | Sold | $150,000 | -11.8% | $96 / Sq Ft |
| 05/01/2023 05/01/23 | Pending | -- | -- | -- |
| 04/17/2023 04/17/23 | For Sale | $170,000 | -- | $109 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,512 | $181,000 | $20,200 | $160,800 |
| 2023 | $2,472 | $184,200 | $20,200 | $164,000 |
| 2022 | $2,078 | $173,100 | $20,200 | $152,900 |
| 2021 | $2,130 | $134,000 | $20,200 | $113,800 |
| 2020 | $2,054 | $131,800 | $20,200 | $111,600 |
| 2019 | $2,186 | $131,800 | $20,200 | $111,600 |
| 2018 | $1,938 | $140,000 | $20,200 | $119,800 |
| 2017 | $1,746 | $125,000 | $20,200 | $104,800 |
| 2016 | $1,600 | $117,000 | $20,200 | $96,800 |
| 2015 | $15 | $107,300 | $20,200 | $87,100 |
| 2014 | $1,622 | $102,800 | $20,200 | $82,600 |
Source: Public Records
Agents Affiliated with this Home
-
Jaci Ullrich
J
Seller's Agent in 2023
Jaci Ullrich
TRUE REAL ESTATE
(507) 345-8783
1 in this area
11 Total Sales
-
Raice King
R
Buyer's Agent in 2023
Raice King
Excelsior Realty
(507) 340-1523
1 in this area
9 Total Sales
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7032052
APN: R01-09-08-111-018
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