NOT LISTED FOR SALE

1504 N 2nd St Unit 1504 N Second Street Mankato, MN 56001

Tourtellotte Park Neighborhood

Estimated Value: $169,000 - $283,000

3 Beds
2 Baths
1,112 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 03, 2017

Last sale price $118,500 $107 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,374/month

236 Days on Market

Highlights

  • Detached Garage
  • Franklin Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of April 2017

Central Mankato 5 unrelated licensed Duplex on corner lot. Main level has wood floors, newly updated bath, 2 bedrooms and large eat-in kitchen. Upper level features 1 bedroom & 1 bath, open kitchen and living area. Detached garage, fenced in patio in back. Separate utilities except owner pay for water and sewer.

Last Agent to Sell the Property

Bonnie Kruger

CENTURY 21 ATWOOD Listed on: 05/27/2016

CENTURY 21 ATWOOD

Last Buyer's Agent

PAMELA SHER

HOME RUN REALTY License #40065093

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,332

Year Built

  • 1897

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 60 x 90

Home Design

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

Interior Spaces

  • 1,112 Sq Ft Home
  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Parking

  • Detached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Location

  • Ground Level
  • Upper Level

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Space Heater
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electric
  • The owner pays for water/sewer
  • Assessor Parcel Number r01.09.08.101.008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,332

Year Built

1897

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Foundation Size: 960
  • L V T Date: 05/27/2016
  • Mechanicals: Water Heater - Gas
  • Parcel Number: r01.09.08.101.008
  • Price Per Square Foot: 106.56
  • Projected Closed Date: 03/24/2017
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 880
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1897

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1112
  • Total Square Footage: 1112

Exterior Features

  • Frontage Road: Curb/Gutters, City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Concrete

Garage/Parking

  • Garage Type: Detached

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air, Space/Wall Heater
  • Sewer: City
  • Water: City

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 60 x 90

Rental Info

  • Owner Expense: Water/Sewer
  • Tenant Expense: Cable TV, Electric
  • Type of Tenancy: Month to Month

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
Apr 3, 2017
Sold by
Ingenthron Casey D
Bought by
Wesley Eugene L and Wesley Corrine M
Seller's Agent
Bonnie Kruger
CENTURY 21 ATWOOD
Buyer's Agent
PAMELA SHER
HOME RUN REALTY
List Price
$149,900
Sold Price
$118,500
Premium/Discount to List
-$31,400
-20.95%
Total Days on Market
236
Current Estimated Value
$211,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,573
Avg. Annual Appreciation
6.31%
Original Mortgage
$88,875
Outstanding Balance
$75,075
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$120,437

Purchase Details

Closed on
Aug 24, 2007
Sold by
Brockhaus Elmer F and Brockhaus Barbara M
Bought by
Ingenthron Casey D and Ingethron Rosa Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,650
Interest Rate
6.72%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Wesley Eugene L $118,500 North American Title
Ingenthron Casey D $98,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wesley Eugene L $88,875
Previous Owner Ingenthron Casey D $88,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2017 04/03/17 Sold $118,500 -20.9% $107 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
05/27/2016 05/27/16 For Sale $149,900 -- $135 / 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 $2,332 $168,000 $28,400 $139,600
2023 $1,964 $145,200 $28,400 $116,800
2022 $1,672 $137,300 $28,400 $108,900
2021 $1,712 $107,500 $28,400 $79,100
2020 $1,730 $110,900 $28,400 $82,500
2019 $1,802 $110,900 $28,400 $82,500
2018 $1,050 $115,200 $28,400 $86,800
2017 $916 $104,400 $28,400 $76,000
2016 $880 $98,600 $28,400 $70,200
2015 $8 $96,400 $28,400 $68,000
2014 $934 $92,900 $28,400 $64,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7011749

REALTOR® Association of Southern Minnesota

APN: R01-09-08-101-008