Seller's Agent in 2025
Kevin Goettl
RE/MAX Results
(651) 500-4720
1 in this area
34 Total Sales
314 E Cherry St Mankato, MN 56001
Five Corners Neighborhood
5
Beds
3
Baths
2,012
Sq Ft
3,485
Sq Ft Lot
Highlights
- Forced Air Heating System
- Washington Elementary School Rated 9+
- 3-minute walk to Malda Farnham Park
About This Home
As of April 2025Tri-Plex with a solid rental history and great cash flow! This tri-plex offers one 3 bdrm, one 2 bdrm, and one studio apartment. Tenants pay all of the utilities. There are six stalls off street parking. Unit #1 has access to the basement and laundry hook-ups. Gross rents are $2700/month. Each unit has it's own furnace. Top floor has C/A.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,880
Year Built
- Built in 1904
Parking
- Shared Driveway
Home Design
- Triplex
- Pitched Roof
Interior Spaces
- 2,012 Sq Ft Home
- 2-Story Property
- Basement
- Stone or Rock in Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Additional Features
- Lot Dimensions are 57.5x61
- Forced Air Heating System
Community Details
- 3 Units
- Warrens Add Subdivision
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity, gas, sewer, snow removal, trash collection
- The owner pays for insurance, repairs, taxes
- Assessor Parcel Number R010918176022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2025
Closed on
Apr 5, 2025
Sold by
Rsg Properties Inc
Bought by
Best Life Llc
Seller's Agent
Kevin Goettl
RE/MAX Results
Buyer's Agent
Kevin Goettl
RE/MAX Results
List Price
$269,900
Sold Price
$245,000
Premium/Discount to List
-$24,900
-9.23%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,327
Avg. Annual Appreciation
8.72%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Contract Of Sale | $245,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/03/2025 04/03/25 | Sold | $245,000 | -9.2% | $122 / Sq Ft |
| 01/16/2025 01/16/25 | Pending | -- | -- | -- |
| 01/14/2025 01/14/25 | For Sale | $269,900 | -- | $134 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,928 | $162,000 | $16,600 | $145,400 |
| 2024 | $3,928 | $165,700 | $16,600 | $149,100 |
| 2023 | $3,828 | $165,700 | $16,600 | $149,100 |
| 2022 | $3,646 | $153,900 | $16,600 | $137,300 |
| 2021 | $3,612 | $130,000 | $16,600 | $113,400 |
| 2020 | $1,894 | $121,400 | $16,600 | $104,800 |
| 2019 | $2,008 | $121,400 | $16,600 | $104,800 |
| 2018 | $1,942 | $128,500 | $16,600 | $111,900 |
| 2017 | $1,760 | $125,300 | $16,600 | $108,700 |
| 2016 | $1,646 | $117,900 | $16,600 | $101,300 |
| 2015 | $16 | $110,400 | $16,600 | $93,800 |
| 2014 | $1,672 | $106,100 | $16,600 | $89,500 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Goettl
Map
Source: NorthstarMLS
MLS Number: 6649557
APN: R01-09-18-176-022
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