NOT LISTED FOR SALE

20464 549th Ln Mankato, MN 56001

Estimated Value: $448,000 - $553,745

4 Beds
2.5 Baths
2,445 Sq Ft
$199/Sq Ft Est. Value

Last Sold October 24, 2017

Last sale price $220,000 $90 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,971/month

Highlights

  • Deck
  • Vaulted Ceiling
  • Porch
  • Lake Crystal Wellcome Memorial Elementary School Rated A-
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of October 2017

Looking for an affordable acreage? Make this fantastic rural Mankato property Home! This 4 bedroom, 3 bath home on 2.31 acres is nestled along the Blue Earth River. Wide open floor plan with a large kitchen, dining, living area, master suite all on the main floor There is also a half bath, mudroom and separate laundry room off of the double attached garage. You can’t help but notice the windows along the rear of the home take full advantage the wooded views. There is a brand new 10’x20’ deck off the living room, and a 10’x20’ porch off of the kitchen. Vaulted ceilings enhance the openness. Note the solid six panel doors throughout and stainless appliances. An open U shaped stair case takes you to the walk out basement. There is a family room, 3 darling bedrooms, a large full bath with double sinks and an abundance of storage. Current owners open enroll to Mankato. Busing is an available option. Verify with district transportation office. Septic is compliant. The well is shared. Survey is on file. Plenty of room for additional shops / buildings. Propane tank is rented. Hot water on demand, newer roof.

Last Agent to Sell the Property

Dennis Terrell

RE/MAX DYNAMIC AGENTS License #20370666 Listed on: 06/19/2017

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Aubrey Leasure

Keller Williams Preferred Realty License #40475353

Keller Williams Preferred Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,698

Year Built

  • 1975

Lot Details

  • 2.31 Acre Lot

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Gas Water Heater
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 50.08.28.200.004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,698

Year Built

1975

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Natural Woodwork, Vaulted Ceilings, Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Deck, Driveway - Asphalt, Porch
  • Estimated Number of Acres: 2.31
  • Construction: Previously Owned
  • Foundation Size: 1470
  • L V T Date: 06/21/2017
  • Mechanicals: Water Heater-Electric, Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 50.08.28.200.004
  • Price Per Square Foot: 83
  • Sold Price Per Sq Ft: 75
  • Stories: 1 Story
  • Street Designation: Lane
  • Taxes With Assessments: 1666
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Full Master, Main Floor 1/2 Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Kitchen, 18x14, On Level: Main
  • Room 2: Dining Room, 14x15, On Level: Main
  • Room 3: Living Room, 19.8x15, On Level: Main
  • Room 4: Master Bedroom, 15x14, On Level: Main
  • Room 5: Bathroom, 11x8, On Level: Main
  • Room 6: Family Room, 14.4x19.2, On Level: Basement
  • Room 7: 10.7x10, On Level: Basement
  • Room 8: Bedroom, 10.9x10.2, On Level: Basement
  • Room 9: Bedroom, 11.11x12.2, On Level: Basement
  • Room 10: Deck, 12x20, On Level: Main
  • Room 11: Porch, 10x20, On Level: Main
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1470
  • Below Grade Finished Sq Ft: 975
  • Tot Above Grade Sq Ft: 1470
  • Total Fin Square Footage: 2445
  • Total Square Footage: 2940
  • Tot Below Grade Sq Ft: 1470

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Rented
  • Heat: Forced Air
  • Sewer: Private
  • Water: Shared

Schools

  • School District: Lake Crystal-Wellcome Mem. #2071

Lot Info

  • Estimated Lot Dimensions: 100624

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2017
Closed on
Oct 24, 2017
Sold by
Lang Andrew and Lang Sara
Bought by
Wentz Timothy C and Wentz Rachel
Seller's Agent
Dennis Terrell
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Aubrey Leasure
Keller Williams Preferred Realty
List Price
$255,000
Sold Price
$220,000
Premium/Discount to List
-$35,000
-13.73%
Current Estimated Value
$486,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,436
Avg. Annual Appreciation
10.45%
Original Mortgage
$209,000
Outstanding Balance
$174,386
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$312,050

Purchase Details

Closed on
Jun 23, 2011
Sold by
Funch Scott F and Funch Tammy
Bought by
Lang Andrew and Lang Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,538
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Wentz Timothy C $220,000 North American Title
Lang Andrew $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wentz Timothy C $209,000
Previous Owner Lang Andrew $171,538
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2017 10/24/17 Sold $220,000 -10.2% $90 / Sq Ft
08/09/2017 08/09/17 Price Changed $244,900 -2.0% $100 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
07/07/2017 07/07/17 Price Changed $249,900 -2.0% $102 / Sq Ft
06/19/2017 06/19/17 For Sale $255,000 -- $104 / 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 $4,698 $550,900 $80,300 $470,600
2024 $4,698 $486,000 $80,300 $405,700
2023 $4,324 $509,600 $80,300 $429,300
2022 $3,974 $429,500 $80,300 $349,200
2021 $3,794 $347,800 $80,300 $267,500
2020 $2,374 $222,800 $64,500 $158,300
2019 $2,118 $222,800 $64,500 $158,300
2018 $1,750 $223,300 $63,800 $159,500
2017 $1,666 $204,400 $63,800 $140,600
2016 $1,596 $198,600 $63,800 $134,800
2015 $15 $187,000 $63,800 $123,200
2014 $1,656 $187,000 $63,800 $123,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7015006

REALTOR® Association of Southern Minnesota

APN: R50-08-28-200-004