NOT LISTED FOR SALE

Estimated Value: $314,000 - $406,000

8 Beds
4 Baths
2,200 Sq Ft
$164/Sq Ft Est. Value

Last Sold January 15, 2015

Last sale price $205,500 $93 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,577/month

47 Days on Market

Highlights

  • Deck
  • 3 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Franklin Elementary School Rated A

About This Home

As of January 2015

Great investment opportunity! This duplex features 4 bdrms, 2 baths in each unit. There is onsite laundry for tenants to share. All off street parking. Triple garage that is insulated and rented out separately for $250/month. $1,300 per month per unit, each unit has a 5 unrelated license. Separate water heaters, furnaces and central air units. Built in dishwashers. Extra two lots that are R3 for future construction or for fun play area for tenants. Easy access to Hwy 14.

Last Agent to Sell the Property

Lisa Fitterer

RE/MAX DYNAMIC AGENTS License #00087420 Listed on: 10/28/2014

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Richard Draheim

WEICHERT REALTORS, COMMUNITY GROUP

WEICHERT REALTORS, COMMUNITY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,046

Year Built

  • 1999

Lot Details

  • 0.33 Acre Lot
  • Street terminates at a dead end

Parking

  • 3 Car Detached Garage
  • 7 Parking Spaces Included
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck

Location

  • Ground Level
  • Upper Level

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R07.09.06.404.004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,046

Year Built

1999

Lot Details

0

Parking

3

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Foundation Size: 1100
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R07.09.06.404.004
  • Price Per Square Foot: 93.41
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 2982
  • Estimated Number of Acres: 0.33
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1999

Interior Features

  • Appliances: Dishwasher, Exhaust Fan/Hood, Range/Stove, Refrigerator
  • Total Bedrooms: 8
  • Total Bathrooms: 4
  • Basement Style: Slab
  • Finished Above Grade Sq Ft: 2200
  • Total Square Footage: 2200

Exterior Features

  • Frontage Road: City, Dead End/No Outlet
  • Construction Type: Frame/Wood
  • Exterior: Steel
  • Roof: Asphalt Shingles
  • Exterior Amenities: Deck, Driveway - Gravel

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 3

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 14220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2021
Sold by
5C Properties Llc
Bought by
Conway John and Conway Kathleen
Current Estimated Value
$360,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,100
Outstanding Balance
$8,114
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$352,291

Purchase Details

Closed on
Jan 7, 2016
Sold by
Conway John F and Conway Kathleen
Bought by
5C Properties Llc

Purchase Details

Listed on
Oct 28, 2014
Closed on
Jan 22, 2015
Sold by
Fitterer Scott R and Fitterer Lisa J
Bought by
Conway John F and Conway Kathleen
Seller's Agent
Lisa Fitterer
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Richard Draheim
WEICHERT REALTORS, COMMUNITY GROUP
List Price
$218,900
Sold Price
$205,500
Premium/Discount to List
-$13,400
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$154,125
Interest Rate
3.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Conway John -- Stewart Title
5C Properties Llc -- --
Conway John F $205,500 Minnesota River Valley Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conway John F $13,100
Open Conway John $183,400
Previous Owner Conway John F $154,125
Previous Owner Fitterer Scott R $149,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2015 01/15/15 Sold $205,500 -6.1% $93 / Sq Ft
12/14/2014 12/14/14 Pending -- -- --
10/28/2014 10/28/14 For Sale $218,900 -- $100 / 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 $7,046 $354,200 $41,300 $312,900
2024 $7,046 $339,300 $41,300 $298,000
2023 $6,880 $383,500 $41,300 $342,200
2022 $6,108 $317,900 $32,100 $285,800
2021 $5,986 $242,900 $32,100 $210,800
2020 $6,106 $241,700 $32,100 $209,600
2019 $6,156 $241,700 $32,100 $209,600
2018 $4,096 $244,400 $32,100 $212,300
2017 $2,870 $218,500 $27,500 $191,000
2016 $2,924 $193,100 $27,500 $165,600
2015 $29 $197,300 $27,500 $169,800
2014 $3,058 $197,400 $27,500 $169,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7006925

REALTOR® Association of Southern Minnesota

APN: R01-09-06-404-004