NOT LISTED FOR SALE

229 Main St W Sleepy Eye, MN 56085

Estimated Value: $117,491

6 Beds
4 Baths
5,780 Sq Ft
$20/Sq Ft Est. Value

Last Sold November 12, 2018

Last sale price $75,000 $13 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $817/month

Highlights

  • 4 Car Garage
  • Baseboard Heating
  • Wood Siding

About This Home

As of November 2018

This highly versatile property offers a large retail/shop/office space on the main floor that can be split up into several units or up to 4 additional residentail rental units. There is a loading dock and over head door in back. Basement has drive down access and has been used for vehicle rental storage space. The upper level has 3-2 bedroom apartments, 1 studio apartment and one apartment that could be up to 3 bedrooms. There is a 4 stall garage in the back of the building with alley access and over head doors. Tin roof was new in 2008. There is a balcony on the upper level over the main floor shop area. And a common area upstairs has a clothes drier.

Last Agent to Sell the Property

Matt Mages

MAGES LAND COMPANY & AUCTION SERVIC Listed on: 02/08/2012

Last Buyer's Agent

Matt Mages

MAGES LAND COMPANY & AUCTION SERVIC Listed on: 02/08/2012

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,412

Year Built

  • 1946

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 48x150

Parking

  • 4 Car Garage
  • 1 Parking Space Included
  • Tuck Under Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding
  • Steel Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,780 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Location

  • Ground Level
  • Upper Level

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • Gross Income $27,775

Listing and Financial Details

  • The owner pays for fuel, snow, water/sewer
  • Assessor Parcel Number 00210500407070

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,412

Year Built

1946

Lot Details

0

Parking

4

Listing Details

  • Class: MULTI-FAMILY
  • Style: Apartment Building (L)
  • Construction: Previously Owned
  • Foundation Size: 5780
  • Mechanicals: Water Heater - Gas
  • Parcel Number: 00210500407070
  • Price Per Square Foot: 4.33
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 1366
  • Estimated Number of Acres: 0.23
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1946

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 6
  • Total Bathrooms: 4
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 5780
  • Total Square Footage: 17340
  • Below Grade Finished Sq Ft: 5780

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Construction Type: Concrete Block
  • Exterior: Brick, Steel, Wood

Garage/Parking

  • Garage Type: Attached, Detached, Tuckunder
  • Number Garage Spaces: 4

Utilities

  • Fuel: Natural Gas
  • Heat: Baseboard
  • Sewer: City
  • Water: City

Schools

  • School District: Sleepy Eye #84

Lot Info

  • Estimated Lot Dimensions: 48x150

Rental Info

  • Owner Expense: Fuel, Snow, Water/Sewer
  • Type of Tenancy: One Year Lease

Multi Family

  • Est Annual Gross Expense: 9645
  • Est Annual Gross Income: 27775

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2024
Sold by
Mages Matthew R and Mages Sarah J
Bought by
Mages Matthew R and Mages Sarah J
Current Estimated Value
$117,491

Purchase Details

Closed on
Nov 26, 2014
Sold by
Patrick Patrick and Kuebler Glen
Bought by
Mangen Rose Marie
Source: Public Records

Range of Values:

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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
Mages Matthew R $500 None Listed On Document
Mangen Rose Marie -- --
Mangen Rose Rose $135,200 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2018 11/12/18 Sold $75,000 0.0% $13 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
04/09/2018 04/09/18 Off Market $75,000 -- --
04/09/2018 04/09/18 Pending -- -- --
02/08/2012 02/08/12 For Sale $119,900 -- $21 / 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
2024 $2,412 $136,800 $14,300 $122,500
2023 $2,412 $126,900 $14,300 $112,600
2022 $1,160 $97,300 $14,300 $83,000
2021 $1,074 $53,500 $14,300 $39,200
2020 $1,062 $51,200 $14,300 $36,900
2019 $994 $50,600 $14,300 $36,300
2018 $1,138 $49,400 $14,300 $35,100
2017 $1,154 $47,200 $14,300 $32,900
2016 $1,366 $48,312 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Mages

    Seller's Agent in 2018

    Matt Mages

    MAGES LAND COMPANY & AUCTION SERVIC

    (507) 647-3800

    8 in this area

    189 Total Sales

    Matt Mages
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 126976

REALTOR® Association of Southern Minnesota

APN: 00210500407070

Minnesota Brown County Sleepy Eye 56085

229 Main St W, Sleepy Eye, MN

This home is located at 229 Main St W, Sleepy Eye, MN 56085 since 08 February 2012 and is currently priced at $117,491, approximately $20 per square foot. This property was built in 1946. 229 Main St W is a home located in Brown County with nearby schools including Sleepy Eye Elementary School, Sleepy Eye Secondary School, and St. John's Evangelical Lutheran 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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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