NOT LISTED FOR SALE
12 Beds
8 Baths
6,228 Sq Ft
18,731 Sq Ft Lot

Sale Details

Date Sold: October 30, 2017

Last sale price $549,900 $88 Per Sq Ft

99 Days on Market

Highlights

  • 0.43 Acre Lot
  • Deck
  • 4 Car Attached Garage
  • Kennedy Elementary School Rated 9+
  • Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of October 2017

Tastefully updated, modern in design and overly spacious describe the units in this investment property. The airy living rooms include vaulted beamed ceilings, large picture windows & gas fireplaces with natural limestone surrounds. 850 sq ft on the main levels include main floor laundry, ¾ bath, decent sized bedroom & open floor plan between kitchen, living & dining rooms. An additional 707 square foot up include a x master bedroom with 2 walk-in closets, 3rd bedroom with deck and full baths. Low Vacancy rate on the units as they are conveniently located on Mankato hilltop! Close to everything...shopping, dining, schools, entertainment, medical... yet tucked away in a peaceful neighborhood! Units have been slowly updated to include neutral décor, plumbing & light fixtures and stainless-steel appliances. Noteworthy items: Unbelievable amount of storage (numerous closets and built-ins, 2 pantries, attic, attached garages, resident-controlled central air & heat, private deck, & some fenced in yard spaces. Also includes in-unit laundry with washer, dryer, & laundry chute from the second floor. Snow removal, landscaping, water/sewer, individual trash & recycling has been included in rents. Exterior of building is brick and steel siding with single attached garages and on & off street parking provided as well.

Last Agent to Sell the Property

Mary Weller

Coldwell Banker River Valley License #00087569 Listed on: 06/02/2017

Coldwell Banker River Valley

Last Buyer's Agent

Christa Wolner

Connect Real Estate Group

Property Details

Home Type

  • Apartment

Year Built

  • 1969

Lot Details

  • 0.43

Parking

  • 4 Car Attached Garage
  • 1 Parking Space Included
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • 6,228 Sq Ft Home
  • 2-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Deck
  • 18,731 Sq Ft Lot

Community Details

  • Gross Income $64,152

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel
  • The owner pays for lawn, maint/repair, snow, trash, water/sewer
  • Assessor Parcel Number R01.09.16.102.006

Property Details

Home Type

Apartment

Year Built

1969

Lot Details

0.43 Acres

Parking

4

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Apartment Building (L)
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 3840
  • L V T Date: 06/05/2017
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R01.09.16.102.006
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Lane
  • Estimated Number of Acres: 0.43
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 8
  • Basement Style: Slab
  • Finished Above Grade Sq Ft: 6228
  • Total Square Footage: 6228

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Brick, Steel
  • Roof: Asphalt Shingles, Flat
  • Exterior Amenities: Deck, Driveway - Asphalt

Garage/Parking

  • Garage Type: Attached
  • Number Garage Spaces: 4
  • Number Off Street Parking: 4

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 18830

Rental Info

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

Multi Family

  • Est Annual Gross Expense: 16911
  • Est Annual Gross Income: 64152
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2017 10/30/17 Sold $549,900 0.0% $88 / Sq Ft
09/09/2017 09/09/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $549,900 0.0% $88 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $549,900 -- $88 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $9,326 $730,400 $135,100 $595,300
2024 $9,326 $730,400 $135,100 $595,300
2023 $6,840 $804,500 $140,800 $663,700
2022 $7,026 $481,400 $84,200 $397,200
2021 $6,672 $455,900 $79,800 $376,100
2020 $6,064 $429,900 $75,200 $354,700
2019 $6,468 $429,900 $75,200 $354,700
2018 $6,848 $455,700 $87,500 $368,200
2017 $6,662 $445,000 $83,200 $361,800
2016 $6,646 $445,000 $83,200 $361,800
2015 $64 $445,000 $83,200 $361,800
2014 $5,986 $430,900 $80,600 $350,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7014804

REALTOR® Association of Southern Minnesota
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