NOT LISTED FOR SALE

155 Summerfield Trail Mankato, MN 56001

Estimated Value: $814,199 - $930,000

4 Beds
2.5 Baths
3,968 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $549,500 $138 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,291/month

Highlights

  • Spa
  • Open Floorplan
  • Wood Flooring
  • Roosevelt Elementary School Rated A-
  • Vaulted Ceiling
  • Formal Dining Room

About This Home

As of June 2016

Located on the south edge of Mankato, in the Indian Lake Preserve subdivision, enjoy life at it's finest with plenty of breathing room, breathtaking views, and a close proximity to the city! This custom home was built with an eye on design and almost 6,000 square feet on a 1.3 acre, ravine lot. The main floor features an open-concept floor plan with stunning hardwood floors, beautiful built-ins, a lots of large windows with classic white millwork throughout. The dining room offers a butler pantry area and wainscoting. The kitchen has plenty of storage space, Cambria countertops, gas stove, and a charming window seat. Adjacent to the kitchen is a pantry/mudroom area with writing desk, and entrance to the 3-stall garage. The living room has a cozy beamed ceiling and gas fireplace. Down the hall you'll find a large den with patio doors leading outside to a hot tub and fire pit. Upstairs you're greeted with a loft area and balcony allowing stunning sunset views. The master suite features 2 walk-in closets and a well-appointed en suite bath with walk-in shower, soaker tub, and double vanity with marble counter tops. There are 3 more bedrooms on the upper level and another full bath with double sinks and separate water closet. Also upstairs is a large bonus/rec room. The lower level is partially finished and makes the perfect casual hang-out, with a large potential family room, 2 potential bedrooms and bath. Updates include a new roof in 2010 & new water heater. This home feels brand new and needs to be seen in person to be fully appreciated!

Last Agent to Sell the Property

Shannon Beal

JBEAL REAL ESTATE GROUP Listed on: 04/01/2015

Co-Listed By

Jason Beal

JBEAL REAL ESTATE GROUP License #20276087

Last Buyer's Agent

Jason Beal

JBEAL REAL ESTATE GROUP License #20276087

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,730

Year Built

  • 2008

Lot Details

  • 1.32 Acre Lot
  • Lot Dimensions are 280 x 184
  • Property fronts a county road
  • Few Trees

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 3,968 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

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

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Spa
  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Water Softener Leased
  • Private Sewer

Community Details

  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number R43.08.25.452.012

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,730

Year Built

2008

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Hot Tub, Kitchen Center Island, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups, Combination Windows (L), Double Pane Windows (L), Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Balcony, Hot Tub, Patio
  • Estimated Number of Acres: 1.32
  • Construction: Previously Owned
  • Foundation Size: 1882
  • Mechanicals: Air to Air Exchange, Water Softener-Rented
  • Parcel Number: R43.08.25.452.012
  • Price Per Square Foot: 103
  • Projected Closed Date: 07/25/2016
  • Sold Price Per Sq Ft: 94
  • Stories: 2 Story
  • Street Designation: Trail
  • Taxes With Assessments: 4592
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Dining Room: Formal Dining Room, Informal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Upper Level Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 19'7x25'5, On Level: Main
  • Room 2: Kitchen, 17'3x16'10, On Level: Main
  • Room 3: Den/Office, 14'11x15'2, On Level: Main
  • Room 4: Loft, 19x9'11, On Level: Upper
  • Room 5: Master Bedroom, 16'5x15, On Level: Upper
  • Room 6: Bedroom, 9'9x11'4, On Level: Upper
  • Room 7: 12'11x10'7, On Level: Upper
  • Room 8: Bedroom, 13'1x11'1, On Level: Upper
  • Room 9: Rec Room, 24x14, On Level: Upper
  • Room 10: Laundry Room, 8'3x5'11, On Level: Upper
  • Room 11: Other, 32x28, On Level: Lower
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3968
  • Tot Above Grade Sq Ft: 3968
  • Total Fin Square Footage: 3968
  • Total Square Footage: 5850
  • Tot Below Grade Sq Ft: 1882

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 200

Schools

  • School District: Mankato #77
  • Mankato Schools: Mankato West

Lot Info

  • Estimated Lot Dimensions: 280 x 184
  • Lot/Land Description: Ravine, Tree Coverage - Light, Paved Streets, Underground Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2015
Closed on
Jun 28, 2016
Sold by
Weir Jay P and Weir Lisa J
Bought by
King Graham A and King Patricia E
Seller's Agent
Shannon Beal
JBEAL REAL ESTATE GROUP
Buyer's Agent
Jason Beal
JBEAL REAL ESTATE GROUP
List Price
$649,000
Sold Price
$549,500
Premium/Discount to List
-$99,500
-15.33%
Current Estimated Value
$891,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,050
Avg. Annual Appreciation
5.33%
Original Mortgage
$549,000
Outstanding Balance
$439,394
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$452,156

Purchase Details

Closed on
Sep 7, 2010
Sold by
Cherry Street Investments Llc
Bought by
Weir Jay P and Weir Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.45%
Mortgage Type
New Conventional
Source: Public Records

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
King Graham A $549,000 Title Resources
Weir Jay P $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Graham A $549,000
Previous Owner Weir Jay P $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2016 06/28/16 Sold $549,500 -15.3% $138 / Sq Ft
03/27/2016 03/27/16 Pending -- -- --
04/01/2015 04/01/15 For Sale $649,000 -- $164 / 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 $6,730 $780,300 $116,000 $664,300
2024 $6,730 $705,900 $116,000 $589,900
2023 $6,520 $735,700 $116,000 $619,700
2022 $6,230 $701,100 $127,000 $574,100
2021 $5,918 $603,600 $127,000 $476,600
2020 $5,532 $566,200 $126,500 $439,700
2019 $5,588 $566,200 $126,500 $439,700
2018 $5,232 $568,400 $126,500 $441,900
2017 $4,926 $538,100 $126,500 $411,600
2016 $4,650 $534,000 $126,500 $407,500
2015 $46 $511,400 $126,500 $384,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7007851

REALTOR® Association of Southern Minnesota

APN: R43.08.25.452.012