NOT LISTED FOR SALE

Estimated Value: $251,000 - $307,000

4 Beds
2 Baths
2,304 Sq Ft
$124/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $182,000 $79 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,876/month

Highlights

  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Tile Flooring
  • Jefferson Elementary School Rated A
  • Bathroom on Main Level
  • Landscaped

About This Home

As of July 2016

Here is a great investment property with an upswing potential. This duplex is located in the Lincoln Park area on a ravine lot with views of Rasmussan Woods and offers great layout, high ceilings with generous space to all bedrooms and other living areas. The upper level unit has a new kitchen in the past two years tiled bathrooms, granite counter tops on the main level unit are some of the perks it has to offer. There is a full basement which is partially finished with a bar and is used as common area; washer and dryer are also in the basement. The exterior is practically maintenance free and offers a two stall garage with a screen porch attached which is shared/common area. Come take a look, it is a solid investment property or could be owner occupied. Currently leased into 2017 @ 1,880/MO. 24 hr notice required.

Last Agent to Sell the Property

Carlos Carrera

RE/MAX DYNAMIC AGENTS Listed on: 06/20/2016

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

John Ries

RE/MAX DYNAMIC AGENTS

RE/MAX DYNAMIC AGENTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,334

Year Built

  • 1965

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 55x150
  • Landscaped
  • Few Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 2,304 Sq Ft Home
  • Ceiling Fan
  • Dining Room
  • Tile Flooring
  • Walkup Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Sump Pump
  • Drain
  • Block Basement Construction

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Shared Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Phone Available

Community Details

  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number R01.08.13.479.002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,334

Year Built

1965

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Tiled Floors, Walk-up Attic, Washer/Dryer Hookups, Combination Windows (L), Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Driveway - Asphalt, Driveway - Shared
  • Estimated Number of Acres: 0.19
  • Assessment Balance: 20
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 920
  • L V T Date: 06/20/2016
  • Mechanicals: Water Heater-Gas, Sump Pump
  • Parcel Number: R01.08.13.479.002
  • Price Per Square Foot: 55
  • Rental License: Yes
  • Sold Price Per Sq Ft: 53
  • Stories: 2.25 - 2.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 2376
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Dining Room: Informal Dining Room
  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor 3/4 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 9x12, On Level: Main
  • Room 2: Dining Room, 11x15, On Level: Main
  • Room 3: Living Room, 12x18, On Level: Main
  • Room 4: Bedroom, 10x11, On Level: Main
  • Room 5: Bedroom, 12x14, On Level: Main
  • Room 6: Bathroom, 4x6, On Level: Main
  • Room 7: 7x9, On Level: Upper
  • Room 8: Bedroom, 10x11, On Level: Upper
  • Room 9: Bedroom, 11x15, On Level: Upper
  • Room 10: Living Room, 12x17, On Level: Upper
  • Room 11: Kitchen, 12x13, On Level: Upper
  • Basement Features: Drainage System, Partially Finished, Sump Pump, Unfinished
  • Basement Material: Concrete Block, Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2304
  • Tot Above Grade Sq Ft: 2304
  • Total Fin Square Footage: 2304
  • Total Square Footage: 3456
  • Tot Below Grade Sq Ft: 1152

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Aluminum
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Mankato #77
  • Mankato Schools: Dakota Meadows, Jefferson, Mankato West, Roosevelt

Lot Info

  • Estimated Lot Dimensions: 55x150
  • Lot/Land Description: Landscaped, Ravine, Tree Coverage - Light, Paved Streets, Telephone, Underground Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2016
Closed on
Jul 21, 2016
Sold by
Dos Mas Investments Llc
Bought by
Wu Xuanlong
Seller's Agent
Carlos Carrera
RE/MAX DYNAMIC AGENTS
Buyer's Agent
John Ries
RE/MAX DYNAMIC AGENTS
List Price
$189,900
Sold Price
$182,000
Premium/Discount to List
-$7,900
-4.16%
Current Estimated Value
$284,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,627
Avg. Annual Appreciation
4.99%

Purchase Details

Listed on
Jun 3, 2014
Closed on
Sep 30, 2014
Sold by
Smith Landon and Smith Jenna
Bought by
Dos Mas Investments Llc
Seller's Agent
Carlos Carrera
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Carlos Carrera
RE/MAX DYNAMIC AGENTS
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$132,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2012
Sold by
Reed Reggie
Bought by
Smith Landon
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
Wu Xuanlong $182,000 --
Dos Mas Investments Llc $165,000 --
Smith Landon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dos Mas Investments Llc $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2016 07/22/16 Sold $182,000 -4.2% $79 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $189,900 +15.1% $82 / Sq Ft
09/30/2014 09/30/14 Sold $165,000 -2.9% $72 / Sq Ft View Prior Sale
08/03/2014 08/03/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $169,900 -- $74 / 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 $4,334 $273,200 $30,300 $242,900
2024 $4,334 $246,200 $30,300 $215,900
2023 $4,398 $270,700 $30,300 $240,400
2022 $4,000 $243,700 $30,300 $213,400
2021 $3,810 $198,800 $30,300 $168,500
2020 $2,634 $169,400 $30,300 $139,100
2019 $2,652 $169,400 $30,300 $139,100
2018 $2,524 $170,200 $30,300 $139,900
2017 $2,160 $163,200 $30,300 $132,900
2016 $2,376 $145,000 $30,300 $114,700
2015 $23 $160,000 $30,300 $129,700
2014 $1,874 $154,200 $30,300 $123,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7011981

REALTOR® Association of Southern Minnesota

APN: R01-08-13-479-002