NOT LISTED FOR SALE

1721 6th Ave Unit 1721 Sixth Avenue Mankato, MN 56001

The Prairie Neighborhood

Estimated Value: $56,857 - $268,000

0.24 Acre
$531,746 Price per Acre
10,454 Sq Ft Lot

Last Sold December 15, 2023

Last sale price $52,500

Est. 143% increase in value since last sale

Current estimated payment $768/month

316 Days on Market

About This Lot

As of December 2023

Instant equity and a major head start for your construction on this lot zoned R3. Major improvements to the land include; The poured concrete foundation and floor which is ready to have the structure raised, asphalt in place to comply with City of Mankato's ordinance for multi-family use, oversized two stall garage in place, infrastructure such as earth, site work and utilities from street to site completed. Rare opportunity to acquire - lot with many improvements for only $74,900!

Last Agent to Sell the Property

Carlos Carrera

RE/MAX DYNAMIC AGENTS Listed on: 01/24/2023

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Jen Wettergren

eXp Realty License #20412089

eXp Realty

Property Details

Property Type

  • Land

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 66 x 158
  • Finished Lot(s)

Parking

  • Driveway

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number R010906381006

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Sub Type: Multi-Family Residentl(l)
  • Amenities Exterior: Driveway - Asphalt
  • Assessment Balance: 8618.16
  • Assessments: Yes
  • L V T Date: 01/24/2023
  • Parcel Number: R010906381006
  • Rental License: Yes
  • Street Designation: Avenue
  • Taxes With Assessments: 4424
  • Estimated Number of Acres: 0.24
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Available Utilities: City Water, City Sewer, Electric
  • On Site Utilities: City Water, City Sewer, Electric, Natural Gas

Lot Info

  • Lot/Land Description: Paved Streets, Underground Utilities
  • Estimated Lot Dimensions: 66 x 158

Tax Info

  • Year: 2022
  • Tax Value: 2630

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Downtown Properties Llc $323,000
Closed Growth Holdings Llc $73,000
Closed Smith Kyle N $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $52,500 -29.9% --
12/06/2023 12/06/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $74,900 -- --
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 $754 $43,300 $30,300 $13,000
2024 $754 $53,300 $30,300 $23,000
2023 $4,972 $56,800 $30,300 $26,500
2022 $4,424 $224,300 $23,600 $200,700
2021 $3,114 $171,200 $23,600 $147,600
2020 $2,994 $154,600 $23,600 $131,000
2019 $2,382 $154,600 $23,600 $131,000
2018 $2,112 $152,700 $23,600 $129,100
2017 $1,804 $136,400 $20,200 $116,200
2016 $1,838 $120,900 $20,200 $100,700
2015 $18 $123,500 $20,200 $103,300
2014 -- $121,600 $18,200 $103,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7031569

REALTOR® Association of Southern Minnesota

APN: R01-09-06-381-006