NOT LISTED FOR SALE

Estimated Value: $231,000 - $292,000

6 Beds
2 Baths
2,040 Sq Ft
$125/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $115,000 $56 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,545/month

450 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Community Deck or Porch
  • 4-minute walk to Lincoln Park
  • Jefferson Elementary School Rated A

About This Home

As of May 2013

6 Bedroom 2 Bathroom student housing for rent 8/1/2025 through 7/20/2026. Two kitchens! Plenty of room for you and all your friends to live. Ample windows for lots of natural light. Washer and dryer in the home. Central air conditioning. Detached garage with some off-street parking. Back deck off the upper level of the home for relaxing and grilling. New interior paint in 2020 and new main level carpeting in 2021. Come check this one out!

- Located 1.7 miles from the MSU campus, and 0.7 miles to downtown Mankato

- Monthly Rent: $2,490 plus utilities
- Security Deposit: $2490
Call or text Jeremy during the business day to set up a showing!

331 Center Street

Last Agent to Sell the Property

Carolyn Gunton-Lewis

Century 21 Lake Region Realty Listed on: 01/11/2012

Last Buyer's Agent

Carolyn Gunton-Lewis

Century 21 Lake Region Realty Listed on: 01/11/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,556

Year Built

  • Built in 1896

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x160
  • Few Trees

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Range

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • The owner pays for electric, fuel
  • Assessor Parcel Number R010918308012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,556

Year Built

Built in 1896

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Assessment Balance: 2689.39
  • Assessments: Unknown
  • Construction: Previously Owned
  • Parcel Number: R010918308012
  • Projected Closed Date: 04/30/2013
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 2006
  • Estimated Number of Acres: 0.18
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2040
  • Total Fin Square Footage: 2040

Exterior Features

  • Frontage Road: City
  • Exterior: Metal
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Gravel

Garage/Parking

  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Deck

Schools

  • School District: Mankato #77

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: 50x160

Rental Info

  • Owner Expense: Electric, Fuel

Building Info

  • Year Built: 1896

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 1556

MLS Schools

  • School District: Mankato #77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2012
Closed on
May 3, 2013
Sold by
Meister Bradley and Meister Julie H
Bought by
Andrin Investments Llc
Seller's Agent
Carolyn Gunton-Lewis
Century 21 Lake Region Realty
Buyer's Agent
Carolyn Gunton-Lewis
Century 21 Lake Region Realty
List Price
$149,900
Sold Price
$115,000
Premium/Discount to List
-$34,900
-23.28%
Current Estimated Value
$239,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,484
Avg. Annual Appreciation
6.07%
Original Mortgage
$118,000
Outstanding Balance
$84,617
Interest Rate
3.52%
Mortgage Type
Commercial
Estimated Equity
$152,537

Purchase Details

Closed on
Jan 24, 2007
Sold by
Growth Holdings Llc
Bought by
Read Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,900
Interest Rate
7.25%
Mortgage Type
New Conventional
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
Andrin Investments Llc $115,000 North American Title
Read Chris $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrin Investments Llc $38,000
Open Andrin Investment Llc $118,000
Closed Andrin Investments Llc $118,000
Previous Owner Meister Trevor $80,000
Previous Owner Read Chris $127,900
Previous Owner Read Chris $32,000
Previous Owner Growth Holdings Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Rent $2,490 0.0% --
10/08/2024 10/08/24 Off Market $2,490 -- --
05/03/2013 05/03/13 Sold $115,000 -23.3% $56 / Sq Ft
04/05/2013 04/05/13 Pending -- -- --
01/11/2012 01/11/12 For Sale $149,900 -- $73 / 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 $2,810 $224,200 $28,100 $196,100
2024 $2,810 $202,700 $28,100 $174,600
2023 $2,864 $222,600 $28,100 $194,500
2022 $2,556 $200,700 $28,100 $172,600
2021 $2,388 $165,000 $28,100 $136,900
2020 $2,326 $149,400 $28,100 $121,300
2019 $2,764 $149,400 $28,100 $121,300
2018 $2,654 $148,400 $28,100 $120,300
2017 $2,340 $142,400 $28,100 $114,300
2016 $2,088 $126,800 $28,100 $98,700
2015 $20 $134,000 $28,100 $105,900
2014 $2,044 $387,600 $84,300 $303,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3588740

REALTOR® Association of Southern Minnesota

APN: R01-09-18-308-012