NOT LISTED FOR SALE

Estimated Value: $180,000 - $196,000

4 Beds
2 Baths
1,344 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $118,000 $88 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,175/month

Highlights

  • Deck
  • 2 Car Detached Garage
  • Wood Siding
  • Franklin Elementary School Rated A
  • Forced Air Heating System
  • 5-minute walk to Washington Park

About This Home

As of September 2014

This property at 316 E Spring St features 4 bedrooms and 1.75 bathrooms within a total living space of 1,344 square feet. The living room offers ample space for relaxation and entertainment, while the bedrooms provide comfortable accommodations with ceiling fans. The property includes a washer and dryer for added convenience. The exterior presents a manageable yard, with a newer deck suitable for outdoor activities. A double garage is a nice connivence, as well as off street parking. The kitchen was remodeled a few years ago featuring newer appliances, nice cabinets, counter, and under cabinet lighting. Cats and dogs will be considered. Priced reasonable at $1760 plus utilities.

Last Agent to Sell the Property

Dennis Terrell

RE/MAX DYNAMIC AGENTS License #20370666 Listed on: 09/30/2014

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Rebecca Thate

Re/Max Advantage Plus Mankato License #20422215

Re/Max Advantage Plus Mankato

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,806

Year Built

  • 1906

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 60x55

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electric, lawn, snow, trash, water/sewer, fuel
  • Assessor Parcel Number r01.09.07.454.009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,806

Year Built

1906

Lot Details

0

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Style: Single Family Rental (L)
  • Assessment Balance: 3762
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 672
  • Mechanicals: Water Heater - Gas
  • Parcel Number: r01.09.07.454.009
  • Price Per Square Foot: 87.8
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 1598
  • Estimated Number of Acres: 0.08
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1906

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1344
  • Total Square Footage: 1344

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2
  • Number Off Street Parking: 4

Utilities

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

Schools

  • School District: Mankato #77

Lot Info

  • Lot/Land Description: Paved Streets
  • Estimated Lot Dimensions: 60x55

Rental Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2007
Sold by
Greenpoint Mortgage Funding
Bought by
Roessler Rebecca R and Roessler Timothy J
Current Estimated Value
$189,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,672
Outstanding Balance
$72,285
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$113,299
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
Roessler Rebecca R $80,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roessler Rebecca R $113,672
Previous Owner Walgrave Bradly J $108,000
Previous Owner Walgrave Bradly J $20,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Off Market $1,760 -- --
02/10/2025 02/10/25 Off Market -- -- --
01/30/2025 01/30/25 For Rent $1,760 -98.5% --
01/30/2025 01/30/25 For Rent -- -- --
09/30/2014 09/30/14 Sold $118,000 +1.7% $88 / Sq Ft
09/30/2014 09/30/14 For Sale $116,000 -- $86 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
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 $1,806 $163,500 $16,800 $146,700
2024 $1,806 $158,000 $16,800 $141,200
2023 $1,734 $158,000 $16,800 $141,200
2022 $1,576 $146,800 $16,800 $130,000
2021 $1,564 $123,100 $16,800 $106,300
2020 $1,492 $115,700 $16,800 $98,900
2019 $1,582 $115,700 $16,800 $98,900
2018 $1,410 $112,400 $16,800 $95,600
2017 $1,272 $109,600 $16,800 $92,800
2016 $1,190 $103,300 $16,800 $86,500
2015 $11 $96,900 $16,800 $80,100
2014 $2,722 $280,800 $50,400 $230,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7006710

REALTOR® Association of Southern Minnesota

APN: R01-09-07-454-009