NOT LISTED FOR SALE

Estimated Value: $204,000 - $312,000

4 Beds
2 Baths
1,120 Sq Ft
$211/Sq Ft Est. Value

Sale Details

Date Sold: August 3, 2015

Last sale price $68,000 $61 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $1,530 / mo

54 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Landscaped with Trees
  • Jefferson Elementary School Rated A-
  • Patio
  • Forced Air Heating System

About This Home

As of August 2015

This home is located at 409 State St, Mankato, MN 56001 since 26 May 2015 and is currently estimated at $236,502, approximately $211 per square foot. This property was built in 1876. 409 State St is a home located in Blue Earth County with nearby schools including Jefferson Elementary School, Dakota Meadows Middle School, and Mankato West Senior High School.

Last Agent to Sell the Property

Angie VanEman Lynch

AMERICAN WAY REALTY Listed on: 05/26/2015

Last Buyer's Agent

Rebecca Thate

Re/Max Advantage Plus Mankato License #20422215

Re/Max Advantage Plus Mankato

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1876

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 36x140
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,120 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Stone Basement

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, maint/repair, snow, water/sewer
  • The owner pays for water/sewer
  • Assessor Parcel Number R01.08.13.402.005

Property Details

Home Type

Multi-Family

Year Built

1876

Lot Details

5,227 Sq Ft Lot

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Style: Duplex - Up & Down
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 546
  • Mechanicals: Water Heater - Electric
  • Parcel Number: R01.08.13.402.005
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1876

Interior Features

  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1120
  • Total Square Footage: 1666
  • Below Grade Finished Sq Ft: 546

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Brick
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Gravel

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Shared: Patio

Lot Info

  • Lot/Land Description: Tree Coverage - Medium
  • Estimated Lot Dimensions: 36x140

Rental Info

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

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

Listed on
May 26, 2015
Closed on
Aug 3, 2015
Sold by
Bought by
Seller's Agent
Angie VanEman Lynch
AMERICAN WAY REALTY
Buyer's Agent
Rebecca Thate
Re/Max Advantage Plus Mankato
List Price
$99,900
Sold Price
$68,000
Premium/Discount to List
-$31,900
-31.93%
Current Estimated Value
$236,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,502
Avg. Annual Appreciation
11.93%
Original Mortgage
$54,400
Interest Rate
4.08%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$68,000 --
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 $116,000
Closed $54,400
Previous Owner $18,000
Previous Owner $72,000
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
08/03/2015 08/03/15 Sold $68,000 -31.9% $61 / Sq Ft
07/19/2015 07/19/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $99,900 -- $89 / 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 $2,780 $195,200 $19,400 $175,800
2025 $1,978 $188,500 $19,400 $169,100
2024 $2,104 $142,200 $19,400 $122,800
2023 $1,996 $154,700 $19,400 $135,300
2022 $1,776 $139,500 $19,400 $120,100
2021 $1,678 $114,200 $19,400 $94,800
2020 $1,632 $104,500 $19,400 $85,100
2019 $1,656 $104,500 $19,400 $85,100
2018 $1,576 $105,800 $19,400 $86,400
2017 $1,352 $101,400 $19,400 $82,000
2016 $1,426 $90,200 $19,400 $70,800
2015 $16 $95,400 $19,400 $76,000
2014 $1,412 $88,000 $19,400 $68,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7008575

REALTOR® Association of Southern Minnesota

APN: R01-08-13-402-005

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