NOT LISTED FOR SALE

18503 587th Ln Mankato, MN 56001

Estimated Value: $761,000 - $822,136

4 Beds
3.5 Baths
5,496 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $795,000 $145 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,854/month

25 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Multiple Fireplaces
  • Heated Floors
  • Deck
  • Vaulted Ceiling

About This Home

As of September 2023

Discover this fantastic walk out ranch with a loft on 1.57 acres, just minutes from Mankato! This stunning property, built in 2007 features every amenity you could imagine. The covered porch opens into a formal foyer with a soaring vault in the great room complete with floor-to-ceiling windows, this room offers breathtaking views of the wonderfully treed lot. There's also a beautiful wall of built-ins and lighting options surrounding the gas fireplace. The vaulted dining room opens to a trex deck, where you can take in the pretty ravine & prairie views. The kitchen has gorgeous cherry floors and trim, Cambria countertops, stainless appliances including gas range. With a center island, breakfast bar, and walk in pantry, there's plenty of storage and prep space. Off of the dining area you will find a bright sun shiny sunroom for morning coffee or reading. Leading towards the garage, is the laundry room, handy half bath and mudroom area. The garage is a 3-stall with in-floor heat. The master suite is on the main featuring floor-to-ceiling windows and french doors leading to the balcony, a lit tray ceiling and walk-in closet. The master bath has a jetted tub with chromotherapy lighting, heated tile floors and a large walk-in shower. There is a 2nd bedroom on the main floor with a full bath. Upstairs, is a large loft overlooking the great room featuring arched windows and a vaulted ceiling. The lower level is the perfect place for entertaining with a large family room featuring a wet bar, gas fireplace, and walk-out to lower patio. There's also a theatre room complete with seating, projector and screen. The 3rd and 4th bedrooms share a large jack & jill bath and each have a walk-in closet. There's a huge storage room. This home features surround sound throughout the entertaining spaces inside & out.

Last Agent to Sell the Property

Cheryl Krengel

JBEAL REAL ESTATE GROUP Listed on: 07/26/2023

Last Buyer's Agent

Samantha Kaul

CENTURY 21 ATWOOD License #40489520

CENTURY 21 ATWOOD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,444

Year Built

  • Built in 2007

Lot Details

  • 1.57 Acre Lot
  • Property fronts a county road
  • Landscaped
  • Sprinkler System
  • Many Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Stone Exterior Construction
  • Cement Board or Planked
  • Slate

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Double Pane Windows
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk Through Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Basement Window Egress

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Boiler Heating System
  • Gas Water Heater
  • Water Softener is Owned
  • Private Sewer

Community Details

  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number R35.14.10.451.010

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,444

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Type: Single Family
  • 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, Wet Bar, Double Pane Windows (L), Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Balcony, Deck, Driveway - Asphalt, Driveway - Concrete, Hot Tub, Inground Sprinkler System, Patio, Porch
  • Estimated Number of Acres: 1.57
  • Assessment Balance: 20
  • Construction: Previously Owned
  • Foundation Size: 2532
  • L V T Date: 07/26/2023
  • Mechanicals: Air to Air Exchange, Water Heater-Gas, Water Softener-Owned
  • Parcel Number: R35.14.10.451.010
  • Price Per Square Foot: 145
  • Sold Price Per Sq Ft: 145
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 7464
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Bar, Combine with Kitchen, Eat-In Kitchen, Informal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Two Fireplaces
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Wall Oven
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master, Separate Tub & Shower, Walk Thru, Whirlpool
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room 1: Kitchen, 17'1x12'2, On Level: Main
  • Room 2: Dining Room, 16'4x13', On Level: Main
  • Room 3: Great Room, 19'7x16'11, On Level: Main
  • Room 4: Master Bedroom, 17'2x13'7, On Level: Main
  • Room 5: Bedroom, 13'7x13, On Level: Main
  • Room 6: Sunroom/Solarium, 12'3x10'8, On Level: Main
  • Room 7: 12'9x12'8, On Level: Lower
  • Room 8: Bedroom, 13'6x13'2, On Level: Lower
  • Room 9: Family Room, 29'7x19'7, On Level: Lower
  • Room 10: Media Room, 19'11x15'6, On Level: Lower
  • Room 11: Storage Room, 28'5x13'4, On Level: Lower
  • Room 12: Loft, 19'7x17'3, On Level: Upper
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Finished, Sump Pump, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2964
  • Below Grade Finished Sq Ft: 2532
  • Tot Above Grade Sq Ft: 2964
  • Total Fin Square Footage: 5496
  • Total Square Footage: 5496
  • Tot Below Grade Sq Ft: 2532

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3
  • Garage Square Footage: 1,104

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Boiler, Fireplace, Forced Air, In Floor
  • Sewer: Private
  • Water: Shared

Schools

  • School District: St. Clair #75

Lot Info

  • Estimated Lot Dimensions: Irregular
  • Lot/Land Description: Landscaped, Ravine, Tree Coverage - Heavy

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2023
  • Tax Value: 7444

MLS Schools

  • School District: St. Clair #75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Sep 29, 2023
Sold by
Clay Kathryn and Clay Matthew
Bought by
Miller Morris and Morris Roxanne
Seller's Agent
Cheryl Krengel
JBEAL REAL ESTATE GROUP
Buyer's Agent
Samantha Kaul
CENTURY 21 ATWOOD
List Price
$799,000
Sold Price
$795,000
Premium/Discount to List
-$4,000
-0.5%
Views
103
Current Estimated Value
$784,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,966
Avg. Annual Appreciation
2.40%
Original Mortgage
$726,200
Outstanding Balance
$713,166
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$120,199

Purchase Details

Listed on
Apr 7, 2020
Closed on
Oct 30, 2020
Sold by
Hatanpa Aaron M and Hatanpa Jessica E
Bought by
Clay Matthew Wayne and Clay Kathryn Nicole
Seller's Agent
Shannon Beal
JBEAL REAL ESTATE GROUP
Buyer's Agent
Cheryl Krengel
JBEAL REAL ESTATE GROUP
List Price
$649,000
Sold Price
$610,000
Premium/Discount to List
-$39,000
-6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$457,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2009
Sold by
Long James R and Long Judy A
Bought by
Not Provided

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
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2007
Sold by
Wilmes John and Wilmes Shari
Bought by
Long James R and Long Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.76%
Mortgage Type
Construction
Source: Public Records

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 Buyer Sale Price Title Company
Miller Morris $795,000 --
Clay Matthew Wayne $610,000 Stewart Title
Not Provided $525,000 --
Long James R $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Morris $726,200
Previous Owner Clay Matthew Wayne $457,500
Previous Owner Not Provided $417,000
Closed Long James R --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $795,000 -0.5% $145 / Sq Ft
08/20/2023 08/20/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $799,000 +31.0% $145 / Sq Ft
10/30/2020 10/30/20 Sold $610,000 0.0% $111 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/24/2020 09/24/20 Off Market $610,000 -- --
04/07/2020 04/07/20 For Sale $649,000 -- $118 / 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 $8,570 $759,400 $103,900 $655,500
2024 $8,570 $807,500 $103,900 $703,600
2023 $7,464 $681,000 $103,900 $577,100
2022 $7,812 $648,600 $103,900 $544,700
2021 $6,104 $602,100 $103,900 $498,200
2020 $5,856 $561,500 $103,000 $458,500
2019 $4,436 $561,500 $103,000 $458,500
2018 $5,124 $519,700 $103,000 $416,700
2017 $4,616 $511,100 $103,000 $408,100
2016 $4,686 $464,000 $77,400 $386,600
2015 $43 $464,000 $77,400 $386,600
2014 $5,246 $451,700 $77,400 $374,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7032925

REALTOR® Association of Southern Minnesota

APN: R35-14-10-451-010