NOT LISTED FOR SALE

235 Summerfield Trail Mankato, MN 56001

Estimated Value: $149,000 - $269,000

1.8 Acres
$120,970 Price per Acre
78,408 Sq Ft Lot

Last Sold October 03, 2017

Last sale price $162,500

Est. 34% increase in value since last sale

Current estimated payment $1,261/month

About This Lot

As of October 2017

The Indian Lake Preserve is a Premier Subdivision representing a unique combination to match your lifestyle. 23 prairie land and wooded lots make up this picturesque neighborhood and within you will find a variety of stunning custom homes with superior craftsmanship. Choose from available lot sizes ranging from 1.25 to 4.66 acres and all include a shared well. The Indian Lake Conservation Area, Red Jacket Trail and Mount Kato are all within walking distance and just a few of the reasons to fall in love with this dream location. Make the Indian Lake Preserve your choice when planning your next move. Covenants available upon request.

Last Agent to Sell the Property

Jen True

TRUE REAL ESTATE Listed on: 01/01/2017

Last Buyer's Agent

Jen True

TRUE REAL ESTATE Listed on: 01/01/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,315

Lot Details

  • 1.8 Acre Lot
  • Lot Dimensions are 245x364x409x164

Listing and Financial Details

  • Assessor Parcel Number R43.08.25.401.005

Property Details

Property Type

Land

Est. Annual Taxes

$1,315

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Sub Type: Residential
  • Assessments: Unknown
  • L V T Date: 01/03/2017
  • Parcel Number: R43.08.25.401.005
  • Projected Closed Date: 10/03/2017
  • Street Designation: Trail
  • Taxes With Assessments: 938
  • Estimated Number of Acres: 1.8
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Estimated Lot Dimensions: 245x364x409x164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2018
Sold by
Cherry Street Investments Llc
Bought by
Max Demars General Contractng
Current Estimated Value
$217,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$65,008
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$152,738

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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ICE

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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
Max Demars General Contractng $162,500 None Available
Cherry Street Investments Llc $940,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Max Demars General Contractng $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2017 10/03/17 Sold $162,500 -7.1% --
01/01/2017 01/01/17 For Sale $175,000 -- --
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 $1,315 $115,000 $115,000 $0
2024 $1,246 $115,000 $115,000 $0
2023 $1,056 $115,000 $115,000 $0
2022 $1,200 $100,200 $100,200 $0
2021 $1,154 $100,200 $100,200 $0
2020 $1,130 $99,000 $99,000 $0
2019 $1,136 $99,000 $99,000 $0
2018 $1,132 $99,000 $99,000 $0
2017 $944 $99,000 $99,000 $0
2016 $938 $104,000 $104,000 $0
2015 $9 $104,000 $104,000 $0
2014 $966 $312,000 $312,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7013439

REALTOR® Association of Southern Minnesota

APN: R43-08-25-401-005