NOT LISTED FOR SALE

245 James Ave Mankato, MN 56001

Rasmussen Park Neighborhood

Estimated Value: $202,728 - $255,000

2 Beds
1 Bath
1,410 Sq Ft
$161/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $167,047 $118 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,354/month

9 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Double Pane Windows
  • Jefferson Elementary School Rated A-
  • 1 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of October 2020

Come see this well-kept 2 bedroom, single bath home that offers a screened-in porch and several updates. Enjoy a bit of nature in town with this heavy tree covered, oversized back yard. The charming kitchen has been recently remodeled with a finish of crisp clean white cabinetry and neutral-color tiled backsplash. The window above the sink brings in the natural light. There's lots of countertop space. The dining area is shared space with the living room, with area for the table in front of windows that overlook the back porch and yard. This room has a large picture window and side windows to open for a nice breeze. The bedrooms are neat and clean as is the full bath with a window that lets in the natural light and fresh air. Next is the back porch that's been enjoyed nearly year round. The basement is home to the laundry with newer washer/dryer. There's an additional room with custom cabinetry that could be converted to a 3rd bedroom with the installation of an egress window. Just to the bottom of the stairs is an open area that has potential for expanded living space. Make good use of the sidewalks with enjoyable outdoor destinations, including Rasmussen Woods not far away.

Last Agent to Sell the Property

Barry Cavalancia

REALTY EXECUTIVES ASSOCIATES License #20010618 Listed on: 09/27/2020

REALTY EXECUTIVES ASSOCIATES

Co-Listed By

Dayna Jaster

TRUE REAL ESTATE License #40373524

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Year Built

  • 1948

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 66x140
  • Landscaped
  • Many Trees

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Double Pane Windows
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number R01.09.19.101.027

Home Details

Home Type

Single Family

Year Built

1948

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Ceiling Fans, Garage Door Opener, Tiled Floors, Washer/Dryer Hookups, Double Pane Windows (L), Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Driveway - Concrete, Porch
  • Estimated Number of Acres: 0.21
  • Assessments: Yes
  • Foundation Size: 810
  • L V T Date: 09/27/2020
  • Mechanicals: Water Heater-Gas, Water Softener-Owned, Sump Pump
  • Parcel Number: R01.09.19.101.027
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Dining Room: Combine with Living Room
  • Appliances: Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 3: Kitchen, On Level: Main
  • Room 4: Bathroom, On Level: Main
  • Room 5: Bedroom, On Level: Main
  • Room 6: Bedroom, On Level: Main
  • Room 7: On Level: Main
  • Room 8: Family Room, On Level: Main
  • Room 9: Storage Room, On Level: Basement
  • Room 10: Laundry Room, On Level: Basement
  • Basement Features: Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 810
  • Below Grade Finished Sq Ft: 600
  • Tot Above Grade Sq Ft: 810
  • Total Fin Square Footage: 1410
  • Total Square Footage: 1620
  • Tot Below Grade Sq Ft: 810

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1
  • Garage Square Footage: 240

Utilities

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

Schools

  • Mankato Schools: Jefferson, Mankato West

Lot Info

  • Estimated Lot Dimensions: 66x140
  • Lot/Land Description: Landscaped, Tree Coverage - Heavy, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2020
Closed on
Nov 2, 2020
Sold by
Colwell Tate
Bought by
Mcelderry Alexis D
Seller's Agent
Barry Cavalancia
REALTY EXECUTIVES ASSOCIATES
Buyer's Agent
Non Member
Non-Member
List Price
$158,900
Sold Price
$167,047
Premium/Discount to List
$8,147
5.13%
Current Estimated Value
$227,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,385
Avg. Annual Appreciation
6.17%
Original Mortgage
$164,021
Outstanding Balance
$146,217
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$81,215

Purchase Details

Listed on
Jun 8, 2018
Closed on
Aug 2, 2018
Sold by
Mixon Daardi G Sizemore
Bought by
Colwell Tate
Seller's Agent
Jeff Kaul
CENTURY 21 ATWOOD
Buyer's Agent
Dayna Jaster
TRUE REAL ESTATE
List Price
$143,900
Sold Price
$144,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$141,391
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcelderry Alexis D $167,048 North American Title
Colwell Tate $144,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelderry Alexis D $164,021
Previous Owner Colwell Tate $141,391
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2020 10/30/20 Sold $167,047 +5.1% $118 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/27/2020 09/27/20 For Sale $158,900 +10.3% $113 / Sq Ft
08/02/2018 08/02/18 Sold $144,000 +0.1% $102 / Sq Ft View Prior Sale
06/26/2018 06/26/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $143,900 -- $102 / 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 $1,948 $173,800 $32,300 $141,500
2024 $1,948 $195,700 $32,300 $163,400
2023 $1,848 $195,700 $32,300 $163,400
2022 $1,738 $175,100 $32,300 $142,800
2021 $1,544 $155,800 $32,300 $123,500
2020 $1,512 $138,200 $32,300 $105,900
2019 $1,284 $138,200 $32,300 $105,900
2018 $1,248 $121,400 $32,300 $89,100
2017 $1,026 $118,900 $32,300 $86,600
2016 $1,016 $107,000 $32,300 $74,700
2015 $10 $106,700 $32,300 $74,400
2014 $1,054 $104,200 $32,300 $71,900
Source: Public Records

Agents Affiliated with this Home

  • Barry Cavalancia

    Seller's Agent in 2020

    Barry Cavalancia

    Realty Executives

    (612) 990-6375

    45 Total Sales

    Barry Cavalancia
    Section Image
  • Dayna Jaster

    Seller Co-Listing Agent in 2020

    Dayna Jaster

    TRUE REAL ESTATE

    (507) 469-6232

    29 Total Sales

    Dayna Jaster
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    Non-Member

  • Jeff Kaul

    Seller's Agent in 2018

    Jeff Kaul

    CENTURY 21 ATWOOD

    (507) 381-1133

    4 in this area

    356 Total Sales

    Jeff Kaul
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7025436

REALTOR® Association of Southern Minnesota

APN: R01-09-19-101-027

Minnesota Blue Earth County Mankato 56001 Rasmussen Park

245 James Ave, Mankato, MN

Not Listed for Sale

Detached

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