NOT LISTED FOR SALE

22971 State Highway 22 Mankato, MN 56001

Estimated Value: $246,000 - $429,000

3 Beds
1.5 Baths
2,475 Sq Ft
$123/Sq Ft Est. Value

Last Sold June 01, 2016

Last sale price $112,000 $45 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $1,729/month

Highlights

  • RV Access or Parking
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Washington Elementary School Rated 9+
  • Landscaped with Trees
  • Forced Air Heating and Cooling System

About This Home

As of June 2016

3BR, 2BA home on just under two acres right outside of Mankato! This home has tons of potential and is awaiting the right buyer. Main floor includes wood burning fireplace in the living room, open staircase with original woodwork, large open concept kitchen with adjoining laundry area, bonus room, and ¾ bathroom. Upper level features, 3 large bedrooms with wood floors in need of refinishing, and generous sized bathroom. Exterior includes: quaint front porch, and newer 2 stall garage.

Last Agent to Sell the Property

Amber Bruender

TRUE REAL ESTATE Listed on: 01/10/2016

TRUE REAL ESTATE

Last Buyer's Agent

Amy Cardamone-Rayner

RE/MAX DYNAMIC AGENTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,478

Year Built

  • 1870

Lot Details

  • 1.93 Acre Lot
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2,475 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Basement

  • Partial Basement
  • Stone Basement

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • RV Access or Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number R40.04.34.100.008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,478

Year Built

1870

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans
  • Amenities Exterior: Driveway - Gravel, RV Parking
  • Estimated Number of Acres: 1.93
  • Construction: Previously Owned
  • Foundation Size: 626
  • L V T Date: 01/12/2016
  • Mechanicals: Fuel Tank-Rented
  • Parcel Number: R40.04.34.100.008
  • Stories: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1870

Interior Features

  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 3/4 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Master Bedroom, 12x13, On Level: Second Floor
  • Room 2: Bedroom, 10x14, On Level: Second Floor
  • Room 3: Bedroom, 9x15, On Level: Second Floor
  • Room 4: Other, 13x16, On Level: Second Floor
  • Room 5: Bathroom, 10x15, On Level: Second Floor
  • Room 6: Kitchen, 9x16, On Level: Main
  • Room 7: 8x16, On Level: Main
  • Room 8: Dining Room, 14x15, On Level: Main
  • Room 9: Living Room, 14x15, On Level: Main
  • Room 10: Living Room, 16x26, On Level: Main
  • Basement Material: Stone
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2475
  • Tot Above Grade Sq Ft: 2475
  • Total Fin Square Footage: 2475
  • Total Square Footage: 3101
  • Tot Below Grade Sq Ft: 626

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Brick, Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • Mankato Schools: Mankato East, Washington

Lot Info

  • Estimated Lot Dimensions: 84,071 SF
  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2016
Closed on
Jun 1, 2016
Sold by
Jansma Lori A
Bought by
Hiniker Nicholas
Seller's Agent
Amber Bruender
TRUE REAL ESTATE
Buyer's Agent
Amy Cardamone-Rayner
RE/MAX DYNAMIC AGENTS
List Price
$124,000
Sold Price
$112,000
Premium/Discount to List
-$12,000
-9.68%
Current Estimated Value
$305,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,384
Avg. Annual Appreciation
11.25%
Original Mortgage
$106,400
Outstanding Balance
$84,738
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$220,646

Purchase Details

Listed on
Jan 10, 2016
Closed on
May 11, 2016
Sold by
Michels Jason L
Bought by
Michels Lori A
Seller's Agent
Amber Bruender
TRUE REAL ESTATE
Buyer's Agent
Amy Cardamone-Rayner
RE/MAX DYNAMIC AGENTS
List Price
$124,000
Sold Price
$112,000
Premium/Discount to List
-$12,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Outstanding Balance
$84,738
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$220,646

Purchase Details

Listed on
Jun 5, 2012
Closed on
Mar 15, 2013
Sold by
Borgmeier Scott M and Borgmeier Corralee J
Bought by
Michels Jason J and Michels Lori A
Seller's Agent
Jason Beal
JBEAL REAL ESTATE GROUP
Buyer's Agent
Jason Beal
JBEAL REAL ESTATE GROUP
List Price
$149,900
Sold Price
$78,500
Premium/Discount to List
-$71,400
-47.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Source: Public Records

Range of Values:

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Average Value
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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
Hiniker Nicholas $112,000 North American Title
Michels Lori A -- North American Title
Michels Jason J $78,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hiniker Nicholas $106,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2016 06/01/16 Sold $112,000 -9.7% $45 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
01/10/2016 01/10/16 For Sale $124,000 +58.0% $50 / Sq Ft
03/15/2013 03/15/13 Sold $78,500 -47.6% $32 / Sq Ft View Prior Sale
01/29/2013 01/29/13 Pending -- -- --
06/05/2012 06/05/12 For Sale $149,900 -- $61 / 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 $1,478 $193,200 $78,200 $115,000
2024 $1,478 $198,900 $78,200 $120,700
2023 $1,446 $197,000 $78,200 $118,800
2022 $1,226 $185,200 $78,200 $107,000
2021 $1,086 $148,400 $78,200 $70,200
2020 $1,050 $128,600 $62,700 $65,900
2019 $1,050 $128,600 $62,700 $65,900
2018 $992 $129,600 $62,700 $66,900
2017 $872 $123,800 $62,700 $61,100
2016 $822 $117,900 $62,700 $55,200
2015 $8 $112,400 $62,700 $49,700
2014 $1,682 $112,500 $62,700 $49,800
Source: Public Records

Agents Affiliated with this Home

  • Amber Bruender

    Seller's Agent in 2016

    Amber Bruender

    TRUE REAL ESTATE

    (507) 720-2513

    132 Total Sales

    Amber Bruender
    Section Image

  • A

    Buyer's Agent in 2016

    Amy Cardamone-Rayner

    RE/MAX

  • Jason Beal

    Seller's Agent in 2013

    Jason Beal

    JBEAL REAL ESTATE GROUP

    (507) 381-1060

    190 Total Sales

    Jason Beal
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7010327

REALTOR® Association of Southern Minnesota

APN: R40-04-34-100-008

Minnesota Blue Earth County Mankato 56001

22971 State Highway 22, Mankato, MN

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