NOT LISTED FOR SALE

Estimated Value: $249,000 - $299,000

3 Beds
2 Baths
1,477 Sq Ft
$184/Sq Ft Est. Value

Last Sold January 31, 2012

Last sale price $90,000 $61 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,817/month

239 Days on Market

About This Home

As of January 2012

3 bedroom owner occupied duplex with double garage on ravine lot. Upper level has been remodeled within the last few years with six panel doors, newer windows in lower level; newer furnace and central air, 2 100 amp electrical panels and seamless steel siding. Owner has included gas and water / trash with the rent in the past, $225 per month on an average. Real Estate taxes are currently NH in 2011 at $1490. annual. Current rental license allows the upper unit as rental.

Last Agent to Sell the Property

Dennis Terrell

RE/MAX DYNAMIC AGENTS License #20370666 Listed on: 03/24/2011

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Rebecca Thate

Re/Max Advantage Plus Mankato License #20422215

Re/Max Advantage Plus Mankato

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,792

Year Built

  • 1908

Lot Details

  • 5,968

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Off-Street Parking

Location

  • Ground Level
  • Upper Level

Additional Features

  • Range
  • Lot Dimensions are 40x150
  • Forced Air Heating and Cooling System

Community Details

  • Property is near a ravine

Listing and Financial Details

  • Short Sale
  • The owner pays for trash, water/sewer
  • Assessor Parcel Number R.01.08.13.479.004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,792

Year Built

1908

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Style: Duplex - Up & Down
  • Parcel Number: R.01.08.13.479.004
  • Potential Short Sale: Yes
  • Street Designation: Street
  • Zoning: R2
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1908

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2

Exterior Features

  • Frontage Road: Paved

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Lot/Land Description: Ravine
  • Estimated Lot Dimensions: 40x150

Rental Info

  • Owner Expense: Trash, Water/Sewer
  • Type of Tenancy: Month to Month

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2011
Closed on
Jan 31, 2012
Sold by
Geertsema Philip and Geertsema Jennifer
Bought by
Siefkes Erik C
Seller's Agent
Dennis Terrell
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Rebecca Thate
Re/Max Advantage Plus Mankato
List Price
$129,700
Sold Price
$90,000
Premium/Discount to List
-$39,700
-30.61%
Current Estimated Value
$271,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,784
Avg. Annual Appreciation
7.96%
Original Mortgage
$82,000
Interest Rate
3.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Siefkes Erik C $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siefkes Erik C $112,000
Closed Siefkes Erik $80,000
Closed Siefkes Erik C $82,000
Previous Owner Geertsema Philip $151,200
Previous Owner Geertsema Philip $17,769
Previous Owner Geertsema Philip $128,000
Previous Owner Geertsema Philip $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2012 01/31/12 Sold $90,000 -30.6% $61 / Sq Ft
11/18/2011 11/18/11 Pending -- -- --
03/24/2011 03/24/11 For Sale $129,700 -- $88 / 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 $3,792 $297,300 $22,000 $275,300
2024 $3,792 $253,000 $22,000 $231,000
2023 $3,864 $272,300 $22,000 $250,300
2022 $3,448 $244,200 $22,000 $222,200
2021 $3,282 $197,100 $22,000 $175,100
2020 $2,060 $178,300 $22,000 $156,300
2019 $1,868 $178,300 $22,000 $156,300
2018 $1,606 $163,800 $22,000 $141,800
2017 $1,304 $145,200 $22,000 $123,200
2016 $1,398 $128,300 $22,000 $106,300
2015 $13 $136,100 $22,000 $114,100
2014 $1,510 $130,900 $22,000 $108,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 127396

REALTOR® Association of Southern Minnesota

APN: R01-08-13-479-004