NOT LISTED FOR SALE

Estimated Value: $231,000 - $274,351

6 Beds
2 Baths
1,536 Sq Ft
$168/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $148,500 $97 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,738/month

61 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Fireplace
  • Franklin Elementary School Rated A
  • 4 Car Detached Garage
  • Patio

About This Home

As of July 2016

Up and down duplex -5 unrelated/ Main unit - 4 bedrooms, 1 full bathroom, spacious living room and dining room, stove, refrigerator, dishwasher, washer/dryer. Patio door to deck. Lower unit - 2 bedrooms, open dining and living area, walk out to patio area. 3/4 bath. Stove, refrigerator, washer/dryer. Large fenced yard. 4 stall garage. New water heater. Garage roof new in 2014.

Last Listed By

Barb Raddatz

LANDMARK REAL ESTATE License #00089909 Listed on: 04/08/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,552

Year Built

  • 1917

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 101 x 120
  • Fenced Yard

Parking

  • 4 Car Detached Garage
  • 2 Parking Spaces Included
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Outdoor Features

  • Deck
  • Patio

Location

  • Ground Level
  • Lower Level

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Gross Income $28,800

Listing and Financial Details

  • Tenant pays for broadband, cable TV, lawn, snow
  • The owner pays for electric, fuel, maint/repair, trash, water/sewer
  • Assessor Parcel Number r01.09.08.112.012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,552

Year Built

1917

Lot Details

0

Parking

4

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 1938.08
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 672
  • L V T Date: 04/08/2016
  • Mechanicals: Water Heater - Gas
  • Parcel Number: r01.09.08.112.012
  • Price Per Square Foot: 111.32
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 2726
  • Estimated Number of Acres: 0.26
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1917

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Washer
  • Total Bedrooms: 6
  • Total Bathrooms: 2
  • Basement Features: Egress Windows, Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1536
  • Total Square Footage: 1334
  • Below Grade Finished Sq Ft: 672

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Aluminum
  • Roof: Asphalt Shingles
  • Exterior Amenities: Deck, Driveway - Concrete, Fenced Yard - Full, Patio

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 4

Utilities

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

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 101 X 120

Rental Info

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

Multi Family

  • Est Annual Gross Expense: 5298
  • Est Annual Gross Income: 28800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
Jul 18, 2016
Sold by
Eidem Richard Richard
Seller's Agent
Barb Raddatz
LANDMARK REAL ESTATE
Buyer's Agent
ZAC MURRA
AMERICAN WAY REALTY
List Price
$169,900
Sold Price
$148,500
Premium/Discount to List
-$21,400
-12.6%
Total Days on Market
61
Current Estimated Value
$257,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,088
Avg. Annual Appreciation
5.70%
Original Mortgage
$148,000
Interest Rate
3.42%

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
-- $148,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jz Properties Llc $173,000
Closed Jz Properties Llc $185,600
Closed -- $148,000
Closed Jz Properties Llc $136,000
Previous Owner Eidem Nancy A $149,500
Previous Owner Eidem Brian R $144,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2016 07/18/16 Sold $148,500 -12.6% $97 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $169,900 -- $111 / 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
2024 $3,552 $256,600 $53,500 $203,100
2023 $3,556 $263,900 $53,500 $210,400
2022 $3,050 $249,600 $53,500 $196,100
2021 $3,158 $197,200 $53,500 $143,700
2020 $3,048 $196,300 $53,500 $142,800
2019 $3,024 $196,300 $53,500 $142,800
2018 $2,576 $194,200 $53,500 $140,700
2017 $2,352 $166,600 $53,500 $113,100
2016 $2,806 $158,000 $53,500 $104,500
2015 $27 $144,400 $37,500 $106,900
2014 $2,856 $416,700 $112,500 $304,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7011161

REALTOR® Association of Southern Minnesota

APN: R01-09-08-112-012