NOT LISTED FOR SALE

Estimated Value: $188,000 - $290,000

4 Beds
2 Baths
1,700 Sq Ft
$131/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $107,500 $63 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,378/month

Highlights

  • Forced Air Heating System
  • Franklin Elementary School Rated A
  • 4-minute walk to Washington Park

About This Home

As of October 2017

Up & down duplex with excellent rental history. Stucco exterior. Owner pays heat and city bill. Tenants pay electric. Each unit has 2 bedrooms, 1 bath, each as private washer & dryer. One parking spot behind the house, off alley. Rents: Main - $750. Upper - $750.

Last Agent to Sell the Property

Karla Van Eman

AMERICAN WAY REALTY License #00289588 Listed on: 04/18/2016

Last Buyer's Agent

TAMARA MULLIGAN

TRUE REAL ESTATE License #40064475

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,382

Year Built

  • 1886

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 44 x 66

Home Design

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

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Parking

  • 1 Parking Space Included
  • On-Street Parking
  • Off-Street Parking

Location

  • Ground Level
  • Upper Level

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electric
  • The owner pays for fuel, trash, water/sewer
  • Assessor Parcel Number R01.09.07.455.002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,382

Year Built

1886

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 3042
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 825
  • L V T Date: 04/18/2016
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R01.09.07.455.002
  • Price Per Square Foot: 63.24
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 2104
  • Estimated Number of Acres: 0.06
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1886

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1700
  • Total Square Footage: 1700

Exterior Features

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

Garage/Parking

  • Number Off Street Parking: 1

Utilities

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

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 44 x 66

Rental Info

  • Owner Expense: Fuel, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric
  • Type of Tenancy: Month to Month

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2017
Sold by
St Andrews Holdings Co Llc
Bought by
Landsteiner Richard J
Current Estimated Value
$222,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,278
Outstanding Balance
$44,423
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$178,457

Purchase Details

Closed on
Aug 13, 2013
Sold by
Erickson Harley
Bought by
Blue Ribbon Properties Llc
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
Landsteiner Richard J -- St Andrews Title & Exchange
Blue Ribbon Properties Llc -- --
Blue Ribbon Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landsteiner Richard J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $107,500 -6.5% $63 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
08/28/2017 08/28/17 Price Changed $115,000 -7.9% $68 / Sq Ft
07/27/2017 07/27/17 Price Changed $124,900 -3.2% $73 / Sq Ft
07/06/2017 07/06/17 For Sale $129,000 0.0% $76 / Sq Ft
07/06/2017 07/06/17 Price Changed $129,000 +20.0% $76 / Sq Ft
08/27/2016 08/27/16 Off Market $107,500 -- --
04/18/2016 04/18/16 For Sale $139,900 -- $82 / 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 $2,382 $170,300 $14,100 $156,200
2024 $2,382 $171,700 $14,100 $157,600
2023 $2,116 $159,600 $14,100 $145,500
2022 $1,922 $148,000 $14,100 $133,900
2021 $1,868 $123,800 $14,100 $109,700
2020 $1,780 $114,100 $14,100 $100,000
2019 $1,896 $114,100 $14,100 $100,000
2018 $1,834 $121,300 $14,100 $107,200
2017 $2,214 $118,200 $14,100 $104,100
2016 $2,104 $111,000 $14,100 $96,900
2015 $20 $103,900 $14,100 $89,800
2014 -- $99,800 $14,100 $85,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7011277

REALTOR® Association of Southern Minnesota

APN: R01-09-07-455-002