NOT LISTED FOR SALE

325 E Pleasant St Mankato, MN 56001

Lincoln Park Neighborhood

Estimated Value: $281,619 - $320,000

4 Beds
4 Baths
2,457 Sq Ft
$123/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2014

Last sale price $175,000 $71 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,036 / mo

69 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating System
  • 4-minute walk to Lincoln Park
  • Jefferson Elementary School Rated A-

About This Home

As of April 2014

Excellent investment opportunity! Fully rented, licensed and updated 4-plex with superb rental history. Utilities (except water and garbage) all paid by tenants. New shingles, updated siding, all units updated. This is a very low maintenance income property with excellent return on investment, so call today for showing.

Last Agent to Sell the Property

Richard Draheim

WEICHERT REALTORS, COMMUNITY GROUP Listed on: 01/22/2014

WEICHERT REALTORS, COMMUNITY GROUP

Last Buyer's Agent

Trent VanOrt

CENTURY 21 ATWOOD

CENTURY 21 ATWOOD

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1916

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 65x132

Home Design

  • Quadruplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,457 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Partial Basement
  • Stone Basement

Parking

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

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • Gross Income $21,300

Listing and Financial Details

  • Tenant pays for broadband, cable TV, electric, lawn, snow, fuel
  • The owner pays for maint/repair, trash, water/sewer
  • Assessor Parcel Number R01.09.18.328.00

Property Details

Home Type

Multi-Family

Year Built

1916

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Style: 4-plex
  • Construction: Previously Owned
  • Foundation Size: 1600
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R01.09.18.328.00
  • Remodeled Addition: Yes
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Estimated Number of Acres: 0.19
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1916

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 4
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2457
  • Total Square Footage: 2457

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Number Off Street Parking: 4

Utilities

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

Lot Info

  • Lot/Land Description: Paved Streets
  • Estimated Lot Dimensions: 65x132

Rental Info

  • Owner Expense: Maint/Repair, Trash, Water/Sewer
  • Tenant Expense: Broadband, Cable TV, Electric, Lawn, Snow, Fuel
  • Type of Tenancy: One Year Lease

Multi Family

  • Est Annual Gross Income: 21300

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Bought by
Current Estimated Value
$302,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$216,072
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$86,333

Purchase Details

Listed on
Jan 22, 2014
Closed on
Apr 30, 2014
Sold by
Bought by
Seller's Agent
Richard Draheim
WEICHERT REALTORS, COMMUNITY GROUP
Buyer's Agent
Trent VanOrt
CENTURY 21 ATWOOD
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$170,940
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lincoln Park, MN

  • Drew Brudvig Real Estate Agent - RE/MAX DYNAMIC AGENTS

    Drew Brudvig

    RE/MAX DYNAMIC AGENTS

    (507) 410-0620

    26 Total Sales

    1 in Lincoln Park

    $35,000 Price

    Drew Brudvig
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  • Julie Westman Real Estate Agent - Green Tree Realty

    Julie Westman

    Responds Quickly

    Green Tree Realty

    (952) 592-2676

    67 Total Sales

    1 in Lincoln Park

    $220,000 Price

    Julie Westman
     Section Image
  • Sonja Zoet Real Estate Agent - Real Broker, LLC

    Sonja Zoet

    Responds Quickly

    Real Broker, LLC

    (507) 736-5633

    233 Total Sales

    3 in Lincoln Park

    $110K - $270K Price Range

    Sonja Zoet
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  • Jeremy Kolars Real Estate Agent - REALTY EXECUTIVES ASSOCIATES

    Jeremy Kolars

    Responds Quickly

    REALTY EXECUTIVES ASSOCIATES

    (507) 575-4655

    85 Total Sales

    1 in Lincoln Park

    $179,000 Price

    Jeremy Kolars
     Section Image
  • Shawna Wolfe Real Estate Agent - Keller Williams Premier Realty

    Shawna Wolfe

    Responds Quickly

    Keller Williams Premier Realty

    (507) 528-7147

    91 Total Sales

    4 in Lincoln Park

    $160K - $195K Price Range

    Shawna Wolfe
     Section Image
  • Sara Stilson Real Estate Agent - TRUE REAL ESTATE

    Sara Stilson

    TRUE REAL ESTATE

    (833) 365-2299

    158 Total Sales

    6 in Lincoln Park

    $192K - $300K Price Range

    Sara Stilson
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$240,000 Stewart Title
$175,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $240,000
Previous Owner $170,940
Previous Owner $350,000
Previous Owner $350,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/30/2014 04/30/14 Sold $175,000 -7.8% $71 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $189,900 -- $77 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,482 $285,200 $31,500 $253,700
2025 $4,482 $304,800 $31,200 $273,600
2024 $4,052 $293,000 $31,000 $262,000
2023 $3,868 $293,000 $31,000 $262,000
2022 $3,806 $271,600 $31,000 $240,600
2021 $3,442 $246,400 $31,000 $215,400
2020 $3,432 $221,200 $31,000 $190,200
2019 $2,264 $221,200 $31,000 $190,200
2018 $2,178 $192,700 $31,000 $161,700
2017 $1,912 $187,100 $25,400 $161,700
2016 $1,908 $174,800 $25,400 $149,400
2015 $18 $175,200 $25,400 $149,800
2014 -- $165,800 $25,400 $140,400
Source: Public Records

Agents Affiliated with this Home

  • Richard Draheim Real Estate Agent - WEICHERT REALTORS, COMMUNITY GROUP

    Seller's Agent in 2014

    Richard Draheim

    WEICHERT REALTORS, COMMUNITY GROUP

    (507) 345-1111

    1 in this area

    189 Total Sales

    Richard Draheim
    Section Image
  • Trent VanOrt Real Estate Agent - CENTURY 21 ATWOOD

    Buyer's Agent in 2014

    Trent VanOrt

    CENTURY 21 ATWOOD

    (320) 221-2245

    1 in this area

    68 Total Sales

    Trent VanOrt
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7004372

REALTOR® Association of Southern Minnesota

APN: R01-09-18-328-004

Minnesota Blue Earth County Mankato 56001 Lincoln Park

325 E Pleasant St, Mankato, MN

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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