NOT LISTED FOR SALE

225 Summerfield Trail Mankato, MN 56001

Estimated Value: $1,108,000 - $1,623,620

2.7 Acres
$505,856 Price per Acre
117,612 Sq Ft Lot

Last Sold November 10, 2017

Last sale price $185,000

Est. 638% increase in value since last sale

Current estimated payment $8,291/month

About This Lot

As of November 2017

With location being a must in building, this lot can offer you everything you are looking for when building a home. Just minutes from the downtown Mankato area, this lot in the Indian Lake Preserve is ideal with its large lot, spectacular view, Community Park nearby, close access to the Red Jacket Trail, and Mount Kato Ski Hill. You will enjoy the hiking, horse and dog trails during all the different seasons. Create your dream home inside this extravagant development. We will work with you to find the perfect builder for your needs and wants. For a private showing, call today.

Last Agent to Sell the Property

Jen True

TRUE REAL ESTATE Listed on: 01/12/2016

Last Buyer's Agent

Katie Regan

TRUE REAL ESTATE

TRUE REAL ESTATE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,848

Lot Details

  • 2.7 Acre Lot
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number R43.08.25.401.006

Property Details

Property Type

Land

Est. Annual Taxes

$12,848

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Lot
  • Sub Type: Residential
  • L V T Date: 01/14/2016
  • Parcel Number: R43.08.25.401.006
  • Street Designation: Trail
  • Estimated Number of Acres: 2.7
  • Land Improvements: Paved, Street Lights
  • Topography: Level, Rolling, Walkout
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: Electric, Natural Gas

Lot Info

  • Estimated Lot Dimensions: 117612 SQ FT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2007
Sold by
Cherry Street Investments Llc
Bought by
Flack Keith and Schuck Angela
Current Estimated Value
$1,365,810

Purchase Details

Closed on
Oct 12, 2007
Sold by
E R Johnsons Inc
Bought by
Cherry Street Investments Llc
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
Flack Keith $380,000 --
Cherry Street Investments Llc $940,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2017 11/10/17 Sold $185,000 -14.0% --
10/08/2017 10/08/17 Pending -- -- --
01/12/2016 01/12/16 For Sale $215,000 -- --
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 $12,848 $1,473,900 $167,500 $1,306,400
2024 $12,848 $1,270,900 $167,500 $1,103,400
2023 $4,814 $1,317,400 $167,500 $1,149,900
2022 $1,274 $539,300 $136,400 $402,900
2021 $1,210 $106,400 $106,400 $0
2020 $1,184 $103,800 $103,800 $0
2019 $1,192 $103,800 $103,800 $0
2018 $1,186 $103,800 $103,800 $0
2017 $986 $103,800 $103,800 $0
2016 $980 $108,800 $108,800 $0
2015 $9 $108,800 $108,800 $0
2014 $1,012 $326,400 $326,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7010341

REALTOR® Association of Southern Minnesota

APN: R43-08-25-401-006