NOT LISTED FOR SALE

315 E Spring St Mankato, MN 56001

Washington Park Neighborhood

Estimated Value: $181,000 - $267,000

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. 106% increase in value since last sale

Current estimated payment $1,439/month

507 Days on Market

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
Total Days on Market
507
Current Estimated Value
$221,885

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
$44,828
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$171,639

Purchase Details

Closed on
Aug 13, 2013
Sold by
Erickson Harley
Bought by
Blue Ribbon Properties Llc
Source: Public Records

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Range of Values:

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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 $52,278
Open Landsteiner Richard J $100,000
Previous Owner St Andrew Holding Co Llc $111,650
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
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

  • Karla Van Eman

    Seller's Agent in 2017

    Karla Van Eman

    AMERICAN WAY REALTY

    (507) 388-2660

    5 in this area

    306 Total Sales

    Karla Van Eman
    Section Image

  • T

    Buyer's Agent in 2017

    TAMARA MULLIGAN

    TRUE REAL ESTATE

    Section Image
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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

Minnesota Blue Earth County Mankato 56001 Washington Park

315 E Spring St, Mankato, MN

This home is located at 315 E Spring St, Mankato, MN 56001 since 18 April 2016 and is currently estimated at $221,885, approximately $130 per square foot. This property was built in 1886. 315 E Spring St is a home located in Blue Earth County with nearby schools including Franklin Elementary School, Prairie Winds Middle School, and Mankato East Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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