NOT LISTED FOR SALE

232 Hemlock Rd Mankato, MN 56001

Estimated Value: $184,005 - $228,000

3 Beds
2 Baths
795 Sq Ft
$253/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $68,750 $86 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $1,189/month

Highlights

  • 1 Car Attached Garage
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Roosevelt Elementary School Rated A-
  • 1-Story Property
  • Water Softener is Owned

About This Home

As of July 2020

Income opportunity! 3 bedroom, 2 bath single family home in quiet neighborhood. Updated flooring in dining room and living room. Washer and dryer hook-up in unit. Come take a look! Motivated sellers!

Last Agent to Sell the Property

Samantha Kaul

CENTURY 21 ATWOOD License #40489520 Listed on: 03/11/2019

CENTURY 21 ATWOOD

Last Buyer's Agent

Samantha Kaul

CENTURY 21 ATWOOD License #40489520 Listed on: 03/11/2019

CENTURY 21 ATWOOD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,492

Year Built

  • 1955

Lot Details

  • Lot Dimensions are 125x67

Parking

  • 1 Car Attached Garage
  • 2 Parking Spaces Included
  • Off-Street Parking

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 795 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Unfinished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Tenant pays for electric, fuel, lawn, snow, trash
  • Assessor Parcel Number R50-08-23-104-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,492

Year Built

1955

Lot Details

0

Parking

1

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Single Family Rental (L)
  • Construction: Previously Owned
  • L V T Date: 03/12/2019
  • Mechanicals: Water Softner - Owned
  • Parcel Number: R50-08-23-104-004
  • Price Per Square Foot: 86.48
  • Projected Closed Date: 07/28/2020
  • Rental License: Yes
  • Stories: 1 Story
  • Street Designation: Road
  • Taxes With Assessments: 824
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Total Square Footage: 795

Exterior Features

  • Frontage Road: City
  • Construction Type: Concrete Block
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Number Garage Spaces: 1
  • Number Off Street Parking: 2

Utilities

  • Fuel: Electric
  • Heat: Forced Air
  • Sewer: Shared
  • Water: Shared

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 125x67

Rental Info

  • Tenant Expense: Electric, Fuel, Lawn, Snow, Trash

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
Jul 20, 2020
Sold by
Timm Gerald Gerald
Seller's Agent
Samantha Kaul
CENTURY 21 ATWOOD
Buyer's Agent
Samantha Kaul
CENTURY 21 ATWOOD
List Price
$95,000
Sold Price
$68,750
Premium/Discount to List
-$26,250
-27.63%
Current Estimated Value
$201,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,251
Avg. Annual Appreciation
22.82%
Interest Rate
2.98%
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
-- $68,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2020 07/28/20 Sold $68,750 -18.1% $86 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
01/07/2020 01/07/20 Price Changed $83,900 -1.2% $106 / Sq Ft
10/16/2019 10/16/19 Price Changed $84,900 -5.6% $107 / Sq Ft
08/20/2019 08/20/19 Price Changed $89,900 -5.4% $113 / Sq Ft
07/30/2019 07/30/19 For Sale $95,000 0.0% $119 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/14/2019 05/14/19 Price Changed $95,000 -4.0% $119 / Sq Ft
04/10/2019 04/10/19 Price Changed $99,000 0.0% $125 / Sq Ft
04/10/2019 04/10/19 For Sale $99,000 +44.0% $125 / Sq Ft
03/12/2019 03/12/19 Off Market $68,750 -- --
03/11/2019 03/11/19 For Sale $100,000 -- $126 / 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 $1,492 $155,100 $22,700 $132,400
2024 $1,492 $142,000 $22,700 $119,300
2023 $1,236 $148,600 $22,700 $125,900
2022 $1,148 $114,300 $22,700 $91,600
2021 $1,080 $94,600 $22,700 $71,900
2020 $1,004 $82,900 $16,200 $66,700
2019 $960 $82,900 $16,200 $66,700
2018 $824 $88,500 $16,200 $72,300
2017 $748 $79,900 $16,200 $63,700
2016 $706 $77,300 $16,200 $61,100
2015 $7 $72,100 $16,200 $55,900
2014 $748 $216,300 $48,600 $167,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7020170

REALTOR® Association of Southern Minnesota

APN: R50-08-23-104-004