NOT LISTED FOR SALE

165 Summerfield Trail Mankato, MN 56001

Estimated Value: $813,000 - $1,094,000

1.88 Acres
$501,746 Price per Acre
81,893 Sq Ft Lot

Last Sold January 28, 2021

Last sale price $112,000

Est. 742% increase in value since last sale

Current estimated payment $5,595/month

About This Lot

As of January 2021

With location being a must in building, this lot can offer you everything you are looking for when building a home. Just minutes from the downtown Mankato area, this lot in the Indian Lake Preserve is ideal with it's private and spacious lot, spectacular view, community park nearby, close access to the Red Jacket trail and Mount Kato Ski Hill. You will enjoy the hiking, horse and dog trails during all the different seasons. Create your dream home inside this extravagant development. Will work with you to find the perfect builder for your needs and wants. For a private showing, call today.

Last Agent to Sell the Property

Candee Deichman

CENTURY 21 ATWOOD License #40383097 Listed on: 11/20/2020

CENTURY 21 ATWOOD

Last Buyer's Agent

Candee Deichman

CENTURY 21 ATWOOD License #40383097 Listed on: 11/20/2020

CENTURY 21 ATWOOD

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,312

Lot Details

  • 1.88 Acre Lot
  • Lot Dimensions are 140x284x124x177x476
  • Landscaped with Trees

Utilities

  • Shared Well
  • Private Sewer

Community Details

  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number R43-08-25-452-011

Property Details

Property Type

Land

Est. Annual Taxes

$7,312

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Lot
  • Sub Type: Residential
  • L V T Date: 11/23/2020
  • Parcel Number: R43-08-25-452-011
  • Projected Closed Date: 01/28/2021
  • Street Designation: Trail
  • Taxes With Assessments: 1136
  • Estimated Number of Acres: 1.88
  • Land Improvements: Street Lights
  • Topography: Ravine
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Available Utilities: Private Septic, Shared Well

Schools

  • School District: Mankato #77

Lot Info

  • Lot/Land Description: Ravine, Tree Coverage - Medium
  • Estimated Lot Dimensions: 140x284x124x177x476

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Jan 28, 2021
Sold by
Burkett Matthew and Burkett Lisa
Bought by
Fitzloff Chris and Fitzloff Megan
Seller's Agent
Candee Deichman
CENTURY 21 ATWOOD
Buyer's Agent
Candee Deichman
CENTURY 21 ATWOOD
List Price
$116,900
Sold Price
$112,000
Premium/Discount to List
-$4,900
-4.19%
Current Estimated Value
$943,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$831,283
Avg. Annual Appreciation
56.91%

Purchase Details

Listed on
Jan 1, 2017
Closed on
Feb 12, 2019
Sold by
Cherry Street Investments Llc
Bought by
Burkett Matthew and Burkett Lisa
Seller's Agent
Jen True
TRUE REAL ESTATE
Buyer's Agent
Candee Deichman
CENTURY 21 ATWOOD
List Price
$119,900
Sold Price
$102,000
Premium/Discount to List
-$17,900
-14.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Fitzloff Chris $112,000 Minnesota River Valley Title
Burkett Matthew $102,000 Stewart Title
Fitzloff Chris Chris $112,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2021 01/28/21 Sold $112,000 -4.2% --
01/06/2021 01/06/21 Pending -- -- --
11/20/2020 11/20/20 For Sale $116,900 +14.6% --
02/12/2019 02/12/19 Sold $102,000 -14.9% -- View Prior Sale
01/06/2019 01/06/19 Pending -- -- --
05/18/2018 05/18/18 For Sale $119,900 0.0% --
04/02/2018 04/02/18 Pending -- -- --
11/29/2017 11/29/17 For Sale $119,900 0.0% --
10/17/2017 10/17/17 Pending -- -- --
01/01/2017 01/01/17 For Sale $119,900 -- --
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 $7,312 $867,600 $144,000 $723,600
2024 $7,312 $759,700 $144,000 $615,700
2023 $1,892 $785,600 $144,000 $641,600
2022 $1,208 $227,200 $130,900 $96,300
2021 $1,160 $100,900 $100,900 $0
2020 $1,136 $99,500 $99,500 $0
2019 $1,142 $99,500 $99,500 $0
2018 $1,136 $99,500 $99,500 $0
2017 $948 $99,500 $99,500 $0
2016 $942 $104,500 $104,500 $0
2015 $9 $104,500 $104,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7025828

REALTOR® Association of Southern Minnesota

APN: R43.08.25.452.011