$1,300,000
SOLD OCT 4, 2024

170 Pegasus Cir Mankato, MN 56001

5 Beds
4 Baths
4,656 Sq Ft
22.78 Acres

Recently Sold

$279 Per Sq Ft

75 Days on Market

Highlights

  • 992,297 Sq Ft lot
  • No HOA
  • Home Gym
  • Deck
  • Home Office
  • The kitchen features windows

About This Home

As of October 2024

Beautiful Equestrian Facility for sale located 1.5 miles north of Mankato. This is property has been well-maintained and provides an excellent opportunity for any horse lover to have a property of their own. The rambler home has over 4,000 finished square feet, 5 bedrooms, 4 bathrooms, a walk-out basement, stone gas fireplace, a large main level office, and a full apartment in the lower level. You will enjoy your private country views on the large three-tiered outdoor deck with an attached sun awning. The home has a 3-stall garage that is heated & cooled. The heated horse barns include a 60' x 120' insulated & heated indoor riding arena with speakers and a PA system, office, lounge, bathroom, wash bay, tack room, feed room, indoor hay storage, equipment storage, and attached 3 1/2 stall garage. There are 8 (12' x 12') box stalls with comfort padded rubber mats. The property also includes an outdoor dressage arena, 18 separate fenced paddocks & jumping field, loafing sheds.

Last Agent to Sell the Property

Donavin Prescott

Real Broker, LLC

Real Broker, LLC

Last Buyer's Agent

Donavin Prescott

Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,094

Year Built

  • Built in 1988

Lot Details

  • 22.78 Acre Lot
  • Wood Fence

Parking

  • 7 Car Attached Garage
  • Heated Garage
  • Insulated Garage

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Home Gym
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage

Outdoor Features

  • Deck
  • Patio

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 400430200031

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,094

Year Built

Built in 1988

Lot Details

0

Parking

7

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 7
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1988
  • Above Grade Finished Sq Ft: 2328
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Second Unit: Existing In-Law w/Bath,Existing In-Law w/Kitchen
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Full, Storage Space, Sump Pump, Walkout
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned, Wine Cooler
  • Fireplace Features: Gas, Living Room
  • Living Area: 4656
  • Below Grade Finished Sq Ft: 2328
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Deck, Office, Bedroom 5, Laundry, Kitchen- 2nd, Patio, Exercise Room
  • SqFtTotal: 4656.00

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: Wood
  • Other Structures: Additional Garage, Barn(s), Indoor Arena, Lean-To, Loafing Shed, Machine Shed, Outdoor Arena, Pole Building, Workshop, Stable(s), Storage Shed, Tack Room
  • PatioPorchType: Deck
  • Farm Type: Hobby,Horse,Livestock

Garage/Parking

  • Parking Features: Attached Garage, Detached, Asphalt, Electric Vehicle Charging Station(s), Heated Garage, Insulated Garage
  • Garage Square Feet: 900

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: Holding Tank, Mound Septic, Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Mankato
  • SchoolDistrictNumber: 77
  • SchoolDistrictPhone: 507-387-1868

Lot Info

  • Topography: Rolling
  • PropertyAttachedYN: No
  • Lot Size: See Lister
  • Lot Size Sq Ft: 992296.8
  • Land Lease: No
  • Lot Features: Suitable for Horses, Tree Coverage - Medium
  • PastureArea: 8
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 400430200031
  • Tax Annual Amount: 7094
  • TaxWithAssessments: 7094.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Oct 4, 2024
Sold by
Harringtron Edwin and Harrington Caroline
Bought by
Allen Samuel
Seller's Agent
Donavin Prescott
Real Broker, LLC
Buyer's Agent
Donavin Prescott
Real Broker, LLC
List Price
$1,300,000
Sold Price
$1,300,000
Total Days on Market
75
Views
94
Current Estimated Value
$1,038,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$261,812
Avg. Annual Appreciation
-29.25%
Original Mortgage
$750,000
Outstanding Balance
$745,845
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$292,343

Map

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 Type Sale Price Title Company
Deed $880,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $525,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $1,300,000 0.0% $279 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $1,300,000 -- $279 / Sq Ft
Source: NorthstarMLS

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 $8,126 $893,500 $109,500 $784,000
2023 $7,460 $898,400 $109,500 $788,900
2022 $7,094 $817,200 $106,400 $710,800
2021 $6,958 $713,400 $106,200 $607,200
2020 $6,626 $661,600 $91,500 $570,100
2019 $6,962 $661,600 $91,500 $570,100
2018 $6,342 $696,900 $91,500 $605,400
2017 $4,800 $644,200 $91,500 $552,700
2016 $4,200 $532,000 $91,500 $440,500
2015 $42 $468,100 $91,500 $376,600
2014 $4,488 $475,600 $91,500 $384,100
Source: Public Records

Source: NorthstarMLS

MLS Number: 6495092

NorthstarMLS

APN: R40-04-30-200-031