NOT LISTED FOR SALE

Estimated Value: $179,343 - $224,000

5 Beds
2 Baths
1,244 Sq Ft
$156/Sq Ft Est. Value

Sale Details

Date Sold: August 27, 2021

Last sale price $165,000 $133 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,175 / mo

123 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 2-minute walk to Lincoln Park
  • Jefferson Elementary School Rated A-

About This Home

As of August 2021

Nice Investment/Rental property in Central Mankato. This is a one unit rental, licensed for 5 unrelated adults with 1,244 finished square ft living area. Five bedrooms with one full plus one 3/4 bath with on-site laundry. Well maintained and leased through July, 2022. New interior and exterior paint in 2020.

Last Agent to Sell the Property

Jen True

TRUE REAL ESTATE Listed on: 03/23/2021

TRUE REAL ESTATE

Co-Listed By

Dan Robinson

True Commercial, LLC License #40023997

Last Buyer's Agent

Matt Larson

TRUE REAL ESTATE License #40735913

TRUE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,324

Year Built

  • Built in 1934

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 40 x 66
  • Few Trees

Parking

  • On-Street Parking

Home Design

  • 1,244 Sq Ft Home
  • Frame Construction
  • Wood Siding

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for lawn, maint/repair
  • Assessor Parcel Number R01.09.18.304.002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,324

Year Built

Built in 1934

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Style: Single Family Rental (L)
  • Construction: Previously Owned
  • Foundation Size: 620
  • L V T Date: 03/24/2021
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R01.09.18.304.002
  • Rental License: Yes
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Estimated Number of Acres: 0.06
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1244
  • Total Square Footage: 1244
  • Below Grade Finished Sq Ft: 300

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Wood

Utilities

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

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: 40 x 66

Rental Info

  • Owner Expense: Lawn, Maint/Repair

Building Info

  • Year Built: 1934

Tax Info

  • Year: 2021
  • Tax Value: 1324

MLS Schools

  • School District: Mankato #77

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Aug 27, 2021
Sold by
Bought by
Seller's Agent
Jen True
TRUE REAL ESTATE
Buyer's Agent
Matt Larson
TRUE REAL ESTATE
List Price
$184,900
Sold Price
$165,000
Premium/Discount to List
-$19,900
-10.76%
Current Estimated Value
$194,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,336
Avg. Annual Appreciation
3.41%
Original Mortgage
$123,750
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
0.0579%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 6, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
0.063%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$165,000 Minnesota River Valley Title
$152,000 --
$81,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $123,750
Previous Owner $96,750
Previous Owner $118,902
Previous Owner $125,000
Previous Owner $88,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $165,000 -2.9% $133 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
06/21/2021 06/21/21 Price Changed $170,000 -3.9% $137 / Sq Ft
05/19/2021 05/19/21 Price Changed $176,900 -4.3% $142 / Sq Ft
05/10/2021 05/10/21 For Sale $184,900 0.0% $149 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/14/2021 04/14/21 Price Changed $184,900 -2.6% $149 / Sq Ft
03/23/2021 03/23/21 For Sale $189,900 -- $153 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,732 $147,900 $14,100 $133,800
2025 $1,732 $142,800 $14,100 $128,700
2024 $1,474 $128,600 $14,100 $114,500
2023 $1,506 $141,800 $14,100 $127,700
2022 $1,404 $127,400 $14,100 $113,300
2021 $1,324 $109,500 $14,100 $95,400
2020 $1,362 $105,400 $14,100 $91,300
2019 $1,262 $105,400 $14,100 $91,300
2018 $1,202 $97,300 $14,100 $83,200
2017 $1,018 $93,200 $14,100 $79,100
2016 $1,076 $82,400 $14,100 $68,300
2015 $10 $87,400 $14,100 $73,300
2014 $1,284 $252,000 $42,300 $209,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7026483

REALTOR® Association of Southern Minnesota

APN: R01-09-18-304-002

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