NOT LISTED FOR SALE

Estimated Value: $196,000 - $225,440

3 Beds
2 Baths
1,824 Sq Ft
$116/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $143,055 $78 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,365/month

47 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • 4-minute walk to Seven Mile Creek County Park
  • Franklin Elementary School Rated A

About This Home

As of March 2021

How would you like to have a renter help you with your mortgage? This home has a rental license for one of the units. You could live upstairs and rent out the main floor or live on the main floor and rent out the upstairs OR you could convert home back to a single family dwelling and rent the entire home or live in yourself. Call city of Mankato for further details. 2 kitchens, 2 or 3 bedrooms, 2 bathrooms....many options await you. Some plumbing updates, lower bath updated with heated floor, newer furnace, new appliances main floor, shared washer/dryer in basement plus lots of storage. New roof 2010 on duplex and garage. Owner pays water/sewer/garbage/heat, electric is split. Single detached garage with additional off street parking.

Last Agent to Sell the Property

Chris Cousins

Viking Real Estate License #40531582 Listed on: 12/17/2020

Last Buyer's Agent

Marilyn Barnes

LANDMARK REAL ESTATE License #20002925

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,252

Year Built

  • Built in 1881

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 33x158

Parking

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

Home Design

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

Interior Spaces

  • 1,824 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Location

  • Ground Level
  • Upper Level

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric
  • The owner pays for fuel, trash, water/sewer
  • Assessor Parcel Number R01.09.07.456.006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,252

Year Built

Built in 1881

Lot Details

0

Parking

1

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Foundation Size: 1065
  • L V T Date: 12/21/2020
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R01.09.07.456.006
  • Price Per Square Foot: 49.52
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 2252
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1824
  • Total Square Footage: 2889

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Brick
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1

Utilities

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

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 33x158

Rental Info

  • Owner Expense: Fuel, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric

Building Info

  • Year Built: 1881

Tax Info

  • Year: 2020
  • Tax Value: 2252

MLS Schools

  • School District: Mankato #77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Mar 31, 2021
Sold by
Parkes Llc
Bought by
Krisch Janice A
Seller's Agent
Chris Cousins
Viking Real Estate
Buyer's Agent
Marilyn Barnes
LANDMARK REAL ESTATE
List Price
$154,900
Sold Price
$143,055
Premium/Discount to List
-$11,845
-7.65%
Current Estimated Value
$211,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,805
Avg. Annual Appreciation
10.79%
Original Mortgage
$107,291
Outstanding Balance
$96,927
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$129,925

Purchase Details

Listed on
Aug 5, 2016
Closed on
Nov 29, 2016
Sold by
Rstom Properties Llc
Bought by
Parkes Llc
Seller's Agent
Clark Diel
ACTION REALTY OF MANKATO
Buyer's Agent
Mike White
AMERICAN WAY REALTY
List Price
$119,900
Sold Price
$117,000
Premium/Discount to List
-$2,900
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$150,000
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2016
Sold by
Rstom Joseph
Bought by
Rstom Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,695
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2010
Sold by
Downs Jacob Tyler
Bought by
Rstom Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
4.54%
Mortgage Type
Unknown
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
Krisch Janice A $143,055 Minnesota River Valley Title
Parkes Llc $117,000 North American Title
Rstom Properties Llc -- St Andrews Title
Rstom Joseph $117,500 --
Kirsch Janice Janice $143,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krisch Janice A $107,291
Previous Owner Parkes Llc $150,000
Previous Owner Rstom Joseph $94,000
Closed Kirsch Janice Janice $107,291
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $143,055 -4.6% $78 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/27/2021 01/27/21 Price Changed $149,900 -3.2% $82 / Sq Ft
12/17/2020 12/17/20 For Sale $154,900 +32.4% $85 / Sq Ft
11/29/2016 11/29/16 Sold $117,000 -2.4% $64 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $119,900 -- $66 / 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 $2,900 $194,600 $16,800 $177,800
2024 $2,900 $209,300 $16,800 $192,500
2023 $2,750 $207,900 $16,800 $191,100
2022 $2,424 $192,700 $16,800 $175,900
2021 $2,364 $156,500 $16,800 $139,700
2020 $2,252 $144,700 $16,800 $127,900
2019 $2,244 $144,700 $16,800 $127,900
2018 $2,172 $143,800 $16,800 $127,000
2017 $1,348 $140,200 $16,800 $123,400
2016 $1,232 $131,700 $16,800 $114,900
2015 $13 $123,300 $16,800 $106,500
2014 $1,508 $118,400 $16,800 $101,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7025959

REALTOR® Association of Southern Minnesota

APN: R01-09-07-456-006