NOT LISTED FOR SALE

2001 Haughton Ave Unit 2003,2005,2007,2017, North Mankato, MN 56003

Estimated Value: $173,000 - $209,000

16 Beds
8 Baths
978 Sq Ft
$192/Sq Ft Est. Value

Last Sold December 31, 2015

Last sale price $730,000 $746 Per Sq Ft

Current estimated payment $1,231/month

Highlights

  • Corner Lot
  • 8 Car Attached Garage
  • Walk-In Closet
  • Mankato West Senior High School Rated A-
  • Eat-In Kitchen
  • Patio

About This Home

As of December 2015

Great investment opportunity! 8 Townhouses sold together as one package. Rents average $900-$910 per month with tenants paying heat, electric, water, sewer and garbage. Association fee is $50.00 per month, per unit. This fee includes exterior insurance, lawn-care and snow removal. Each unit has an attached garage, patio area in the back and an unfinished basement. All 2-bedroom units have walk-in closets. Properties take in $86,400 per year in rent. Property to be sold AS IS. New Roofs on townhouses in November of 2015

Last Agent to Sell the Property

Jon Kietzer

LANDMARK REAL ESTATE Listed on: 08/13/2014

Last Buyer's Agent

Non Member

Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,932

Year Built

  • 1983

Lot Details

  • 871 Sq Ft Lot
  • Corner Lot
  • Landscaped with Trees

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 8 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 978 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 16 Bedrooms
  • Walk-In Closet
  • 8 Bathrooms

Unfinished Basement

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

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener Leased
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for cable TV, electric, trash, water/sewer, fuel
  • The owner pays for maint/repair, fee
  • Month-to-Month Lease Term
  • Assessor Parcel Number Various-Call list office

Community Details

Overview

  • Association fees include exterior maintenance, landscaping, snow removal, building insurance, lawn care

Building Details

  • Gross Income $86,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,932

Year Built

1983

Lot Details

0

HOA Fees

$75 per month

Parking

8

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Foundation Size: 1467
  • Mechanicals: Water Heater - Gas, Water Softner - Rented, Sump Pump, Individual Water Heaters
  • Parcel Number: Various-Call list office
  • Price Per Square Foot: 497.61
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 10489
  • Percentage Of Ownership: 100
  • Estimated Number of Acres: 0.02
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1983

Interior Features

  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 16
  • Total Bathrooms: 8
  • Basement Features: Egress Windows, Sump Pump, Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 978
  • Total Square Footage: 1467

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Asphalt, Patio

Garage/Parking

  • Garage Type: Attached
  • Number Garage Spaces: 8
  • Number Off Street Parking: 8

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Landscaping, Snow Removal, Building Insurance, Lawn Care
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 75

Schools

  • School District: Mankato #77

Lot Info

  • Lot/Land Description: Corner Lot, Landscaped, Tree Coverage - Medium, Paved Streets
  • Estimated Lot Dimensions: .02 acres

Rental Info

  • Owner Expense: Maint/Repair, Association Fee
  • Tenant Expense: Cable TV, Electric, Trash, Water/Sewer, Fuel
  • Type of Tenancy: Month to Month, One Year Lease

Multi Family

  • Est Annual Gross Income: 86400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2014
Closed on
Dec 31, 2015
Sold by
Hoehn Randy Randy
Seller's Agent
Jon Kietzer
LANDMARK REAL ESTATE
Buyer's Agent
Non Member
Non-Member
List Price
$796,000
Sold Price
$730,000
Premium/Discount to List
-$66,000
-8.29%
Current Estimated Value
$188,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$541,796
Avg. Annual Appreciation
-12.91%
Original Mortgage
$725,000
Outstanding Balance
$577,549
Interest Rate
4.01%
Estimated Equity
-$389,345
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
-- $730,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $725,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2015 12/31/15 Sold $730,000 -8.3% $746 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
08/13/2014 08/13/14 For Sale $796,000 -- $814 / 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 $1,932 $152,100 $27,300 $124,800
2024 $1,894 $150,700 $27,300 $123,400
2023 $1,698 $145,600 $27,300 $118,300
2022 $1,696 $130,100 $27,300 $102,800
2021 $1,698 $116,500 $18,700 $97,800
2020 $1,612 $112,600 $18,700 $93,900
2019 $1,624 $108,800 $18,700 $90,100
2018 $1,540 $108,800 $18,700 $90,100
2017 -- $100,700 $0 $0
2016 $1,458 $0 $0 $0
2015 -- $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7006349

REALTOR® Association of Southern Minnesota

APN: R-18.546.0020