NOT LISTED FOR SALE

Estimated Value: $249,000 - $367,000

5 Beds
3 Baths
2,408 Sq Ft
$124/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $253,700 $105 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,834/month

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 2 Car Detached Garage
  • Jefferson Elementary School Rated A-
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of July 2021

Historic yet tastefully updated Central Mankato triplex. First floor unit has two large bedrooms and a full bathroom, updated kitchen, designated dining room, oversized living room, and downstairs access with private laundry featuring updated Samsung washer and dryer and plenty of storage. Main upper unit offers similar set up with more efficient dining space and a recently added deck off the back. Third unit is above double garage and fully updated and provides one bedroom and shares laundry access with upper main unit. Shared patio in backyard. Any one of the units need to be owner occupied. Main floor rents 1000/mo all utilities included leased thru 12/31/2021, Second floor rents for $800/mom water included, currently month to month. Above garage rented for $600/mo, now this unit is owner occupied (as one is required to be). Exhaustive list of mechanical and cosmetic improvements available. 24 hour notice for showings required.

Last Agent to Sell the Property

Jen True

TRUE REAL ESTATE Listed on: 05/03/2021

TRUE REAL ESTATE

Last Buyer's Agent

Jessica Tietema

RE/MAX DYNAMIC AGENTS License #40634618

RE/MAX DYNAMIC AGENTS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,069

Year Built

  • Built in 1876

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 66x90
  • Corner Lot
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage
  • 1 Parking Space Included
  • Driveway
  • Off-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,408 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Outdoor Features

  • Deck
  • Patio

Location

  • Ground Level
  • Upper Level

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number R01.08.13.282.017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,069

Year Built

Built in 1876

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Style: Triplex
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 964
  • L V T Date: 05/25/2021
  • Mechanicals: Water Heater - Electric
  • Parcel Number: R01.08.13.282.017
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Estimated Number of Acres: 0.14
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 964
  • Total Fin Square Footage: 2408
  • Total Square Footage: 3372

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Brick
  • Roof: Asphalt Shingles
  • Exterior Amenities: Deck, Driveway - Concrete, Patio

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

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

Lot Info

  • Lot/Land Description: Corner Lot, Landscaped, Tree Coverage - Medium, Paved Streets
  • Estimated Lot Dimensions: 66x90

Rental Info

  • Tenant Expense: Cable TV
  • Type of Tenancy: Month to Month

Building Info

  • Year Built: 1876

Tax Info

  • Year: 2021
  • Tax Value: 2069.26

MLS Schools

  • School District: Mankato #77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2015
Closed on
Aug 24, 2015
Sold by
Stoffel Charles and Stoffel Tamara
Bought by
Spencer Alex
Seller's Agent
Jon Kietzer
LANDMARK REAL ESTATE
Buyer's Agent
Sonja Zoet
REAL BROKER, LLC
List Price
$134,900
Sold Price
$143,750
Premium/Discount to List
$8,850
6.56%
Current Estimated Value
$298,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,145
Avg. Annual Appreciation
7.16%
Original Mortgage
$141,145
Interest Rate
3.88%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 9, 2012
Closed on
May 17, 2012
Sold by
Federal National Mortgage Association
Bought by
Stoffel Charles
Seller's Agent
Mary Weller
Coldwell Banker River Valley
Buyer's Agent
Non Member
Non-Member
List Price
$79,500
Sold Price
$89,500
Premium/Discount to List
$10,000
12.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.80%
Original Mortgage
$67,125
Interest Rate
3.77%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spencer Alex $143,752 Minnesota River Valley Title
Stoffel Charles -- North American Title Co
Haggerty Ann Ann $253,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spencer Alex $141,145
Previous Owner Stoffel Charles $67,125
Closed Haggerty Ann Ann $228,330
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2021 07/30/21 Sold $253,700 +5.8% $105 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $239,900 -5.4% $100 / Sq Ft
05/03/2021 05/03/21 Off Market $253,700 -- --
08/24/2015 08/24/15 Sold $143,750 +6.6% $67 / Sq Ft View Prior Sale
07/10/2015 07/10/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $134,900 +50.7% $63 / Sq Ft
06/01/2012 06/01/12 Sold $89,500 +12.6% $34 / Sq Ft View Prior Sale
04/16/2012 04/16/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $79,500 -- $30 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,336 $301,300 $28,700 $272,600
2024 $3,336 $309,600 $28,700 $280,900
2023 $3,498 $341,500 $28,700 $312,800
2022 $2,244 $306,400 $28,700 $277,700
2021 $2,668 $193,000 $28,700 $164,300
2020 $2,440 $163,700 $28,700 $135,000
2019 $1,886 $163,700 $28,700 $135,000
2018 $1,784 $165,200 $28,700 $136,500
2017 $1,466 $158,300 $28,700 $129,600
2016 $1,564 $140,600 $28,700 $111,900
2015 $18 $148,800 $28,700 $120,100
2014 $1,890 $439,200 $86,100 $353,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7027106

REALTOR® Association of Southern Minnesota

APN: R01-08-13-282-017

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