$270,000
SOLD DEC 20, 2024
4 Beds
2 Baths
2,028 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$133 Per Sq Ft

4% Below List Price

46 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Fenced Yard
  • Jefferson Elementary School Rated A
  • Vaulted Ceiling
  • 2 Car Attached Garage

About This Home

As of December 2024

This versatile 4-bedroom, 2-bathroom home offers the perfect combination of space, convenience and investment potential. Ideally located in Mankato, just minutes from nature, schools and shopping. This property provides easy access to everything you need. Whether you’re looking for a home or a great opportunity to rent out part of the home, the layout makes it easy to function as a duplex. Each level has its own living area, with two kitchens and plenty of room for separate tenants. The current rental license adds immediate value for investors looking to generate income. The fenced-in backyard is perfect enjoying outdoor living. The two-stall attached garage provides convenient parking and extra storage space. With well-maintained interiors, this home is move-in ready. Don’t miss this opportunity to own a property near the University, local schools, and the city’s shopping and dining!

Last Agent to Sell the Property

Zoe Anderson

TRUE REAL ESTATE License #40572621 Listed on: 10/04/2024

TRUE REAL ESTATE

Last Buyer's Agent

Elizabeth Greiner

TRUE REAL ESTATE License #40730138

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 1992

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 119x62
  • Fenced Yard

Home Design

  • Bi-Level Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction
  • Basement Window Egress

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R01.09.19.101.018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,594

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups, Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Deck, Driveway - Concrete, Fenced Yard - Full, Patio
  • Estimated Number of Acres: 0.18
  • Assessment Balance: 20
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 984
  • L V T Date: 10/07/2024
  • Mechanicals: Water Heater-Gas, Sump Pump, Water Softener-None
  • Parcel Number: R01.09.19.101.018
  • Price Per Square Foot: 138
  • Rental License: Yes
  • Sold Price Per Sq Ft: 133
  • Stories: Bi-Level Split
  • Street Designation: Road
  • Taxes With Assessments: 2614
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen, Open Floor Plan
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 17x15, On Level: Upper
  • Room 2: Kitchen, 10x9, On Level: Upper
  • Room 3: Dining Room, 10x10, On Level: Upper
  • Room 4: Bedroom, 13x11, On Level: Upper
  • Room 5: Bedroom, 14x11, On Level: Upper
  • Room 6: Bathroom, On Level: Upper
  • Room 7: 17x11, On Level: Lower
  • Room 8: Bedroom, 11x12, On Level: Lower
  • Room 9: Bedroom, 11x12, On Level: Lower
  • Room 10: Kitchen, 11x14, On Level: Lower
  • Room 11: Bathroom, On Level: Lower
  • Basement Features: Daylight/Lookout Windows, Drainage System, Egress Windows, Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1044
  • Below Grade Finished Sq Ft: 984
  • Tot Above Grade Sq Ft: 1044
  • Total Fin Square Footage: 2028
  • Total Square Footage: 2028
  • Tot Below Grade Sq Ft: 984

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Cement Board
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2
  • Garage Square Footage: 588

Utilities

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

Schools

  • School District: Mankato #77
  • Mankato Schools: Dakota Meadows, Jefferson, Mankato West

Lot Info

  • Estimated Lot Dimensions: 119x62

Building Info

  • Year Built: 1992

Tax Info

  • Year: 2024
  • Tax Value: 2594

MLS Schools

  • School District: Mankato #77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Dec 20, 2024
Sold by
Palmer Alexander A
Bought by
Hansen Tristan
Seller's Agent
Zoe Anderson
TRUE REAL ESTATE
Buyer's Agent
Elizabeth Greiner
TRUE REAL ESTATE
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%
Views
16
Current Estimated Value
$274,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,946
Avg. Annual Appreciation
2.46%
Original Mortgage
$256,500
Outstanding Balance
$255,179
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$19,047

Purchase Details

Closed on
Jul 21, 2015
Sold by
Olsan Jonathan K
Bought by
Palmer Alexander A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,746
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2012
Sold by
Olson Jonathan K and Olson Kevin J
Bought by
Olson Jonathan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $270,000 Stewart Title Company
Warranty Deed -- --
Interfamily Deed Transfer -- Concierge Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $256,500 New Conventional
Previous Owner $182,746 New Conventional
Previous Owner $144,000 New Conventional
Previous Owner $145,908 FHA
Previous Owner $136,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $270,000 -3.5% $133 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $279,900 -- $138 / 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 $2,570 $219,300 $30,400 $188,900
2024 $2,570 $246,800 $30,400 $216,400
2023 $2,406 $246,800 $30,400 $216,400
2022 $2,276 $219,500 $30,400 $189,100
2021 $2,150 $195,300 $30,400 $164,900
2020 $2,104 $181,500 $30,400 $151,100
2019 $1,922 $181,500 $30,400 $151,100
2018 $1,860 $167,800 $30,400 $137,400
2017 $1,532 $163,900 $30,400 $133,500
2016 $1,514 $145,600 $30,400 $115,200
2015 $15 $145,000 $30,400 $114,600
2014 $1,550 $141,000 $30,400 $110,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7036108

REALTOR® Association of Southern Minnesota

APN: R01-09-19-101-018