NOT LISTED FOR SALE

228 N 5th St Mankato, MN 56001

Washington Park Neighborhood

Estimated Value: $217,000 - $245,000

6 Beds
2 Baths
1,900 Sq Ft
$120/Sq Ft Est. Value

About This Home

This is a clean 6 bed 2 bath. The main floor will be completely remodeled in the kitchen and bath with new flooring. 3 beds 1 bath on each level. Historically student housing. A nice side yard. Available 8/1/2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2021
Sold by
Wesely Eugene and Wesely Corrine
Bought by
Wempen Randall
Current Estimated Value
$234,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,450
Outstanding Balance
$138,997
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$93,705

Purchase Details

Closed on
Dec 23, 2013
Sold by
Sundberg James L and Sundberg Jeanine M
Bought by
Wesely Gene and Wesely Corrine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Wempen Randall $177,000 Minnesota River Valley Title
Wesely Gene -- Lendserv National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wempen Randall $150,450
Previous Owner Wesely Gene $115,000
Closed Wesely Gene --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Off Market $2,220 -- --
02/17/2025 02/17/25 For Rent $2,220 -- --

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 $1,990 $198,900 $19,500 $179,400
2024 $1,990 $199,200 $19,500 $179,700
2023 $1,972 $199,200 $19,500 $179,700
2022 $1,972 $184,900 $19,500 $165,400
2021 $2,630 $154,700 $19,500 $135,200
2020 $2,522 $143,000 $19,500 $123,500
2019 $2,158 $143,000 $19,500 $123,500
2018 $2,088 $138,200 $19,500 $118,700
2017 $1,892 $134,800 $19,500 $115,300
2016 $1,772 $126,900 $19,500 $107,400
2015 $17 $119,000 $19,500 $99,500
2014 $2,756 $114,400 $19,500 $94,900
Source: Public Records

Map

Minnesota Blue Earth County Mankato 56001 Washington Park

228 N 5th St, Mankato, MN

This home is located at 228 N 5th St, Mankato, MN 56001 and is currently estimated at $228,910, approximately $120 per square foot. 228 N 5th St is a home located in Blue Earth County with nearby schools including Franklin Elementary School, Prairie Winds Middle School, and Mankato East Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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