NOT LISTED FOR SALE

1416 4th Ave Unit 1416 4th Ave Mankato, MN 56001

The Prairie Neighborhood
2 Beds
2 Baths
1,924 Sq Ft
0.39 Acres

Last Sold November 09, 2018

Last sale price $122,500 $64 Per Sq Ft

49 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Woodwork
  • Franklin Elementary School Rated A
  • Eat-In Kitchen
  • 1-minute walk to Bienapfl Park

About This Home

As of November 2018

Two story home located across from city park has been owned by same family for many years. Improvements made to the home over the years have been maintenance free siding, new roof, boiler, windows and more. This home offers two living spaces and is set up as a duplex or could be used as a single family. The main level offers an option for main floor laundry, large eat in kitchen, full bath and maple hardwood floors. Call today this is home is a great value.

Last Agent to Sell the Property

Mary Weller

Coldwell Banker River Valley License #00087569 Listed on: 08/21/2018

Coldwell Banker River Valley

Last Buyer's Agent

Deb Drummer

RE/MAX DYNAMIC AGENTS License #40236960

RE/MAX DYNAMIC AGENTS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,318

Year Built

  • 1911

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 110x158

Parking

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

Home Design

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

Interior Spaces

  • 1,924 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Sump Pump

Location

  • Ground Level
  • Upper Level

Utilities

  • Window Unit Cooling System
  • Boiler Heating System
  • Gas Water Heater

Community Details

  • Gross Income $4,800

Listing and Financial Details

  • Assessor Parcel Number R01.09.07.204.003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,318

Year Built

1911

Lot Details

0

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Foundation Size: 1238
  • L V T Date: 08/22/2018
  • Mechanicals: Water Heater - Gas, Sump Pump
  • Parcel Number: R01.09.07.204.003
  • Price Per Square Foot: 63.67
  • Projected Closed Date: 11/15/2018
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1368
  • Estimated Number of Acres: 0.39
  • Zoning: R-1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1911

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1924
  • Total Fin Square Footage: 1924
  • Total Square Footage: 1924

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Aluminum
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

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

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 110x158

Multi Family

  • Est Annual Gross Income: 4800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
Thoms Melinda and Thoms Daniel
Bought by
Rodriguez Veronika and Gray Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$244,770
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2018
Closed on
Nov 9, 2018
Sold by
Melby Carmen A and Melby Scott
Bought by
Thoms Melinda R and Thoms Daniel A
Seller's Agent
Mary Weller
Coldwell Banker River Valley
Buyer's Agent
Deb Drummer
RE/MAX DYNAMIC AGENTS
List Price
$139,900
Sold Price
$122,500
Premium/Discount to List
-$17,400
-12.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2018
Closed on
Nov 6, 2018
Sold by
Reed Michael George
Bought by
Reed Wanda
Seller's Agent
Mary Weller
Coldwell Banker River Valley
Buyer's Agent
Deb Drummer
RE/MAX DYNAMIC AGENTS
List Price
$139,900
Sold Price
$122,500
Premium/Discount to List
-$17,400
-12.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
4.7%
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
Rodriguez Veronika $250,000 --
Thoms Melinda R $122,500 North American Title
Reed Wanda -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Veronika $250,000
Previous Owner Thoms Melinda R $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2018 11/09/18 Sold $122,500 -9.2% $64 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/17/2018 09/17/18 Price Changed $134,900 -3.6% $70 / Sq Ft
08/21/2018 08/21/18 For Sale $139,900 -- $73 / 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 $2,318 $250,400 $48,000 $202,400
2024 $2,318 $226,200 $48,000 $178,200
2023 $3,512 $254,600 $48,000 $206,600
2022 $1,872 $209,800 $37,300 $172,500
2021 $1,808 $165,600 $37,300 $128,300
2020 $2,378 $152,800 $37,300 $115,500
2019 $1,588 $152,800 $37,300 $115,500
2018 $1,368 $143,400 $31,400 $112,000
2017 $1,122 $127,700 $26,900 $100,800
2016 $1,174 $114,300 $26,900 $87,400
2015 $12 $118,900 $26,900 $92,000
2014 $1,534 $118,900 $26,900 $92,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7018841

REALTOR® Association of Southern Minnesota

APN: R01-09-07-204-003