NOT LISTED FOR SALE

410 Sherman St North Mankato, MN 56003

Estimated Value: $268,000 - $282,663

6 Beds
2 Baths
2,408 Sq Ft
$115/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $199,000 $83 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,954/month

169 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Eat-In Kitchen
  • Mankato West Senior High School Rated A-
  • Attached Garage
  • Woodwork

About This Home

As of November 2019

North Mankato Investing Reimagined. Invest in a fabulous rental marketplace. From day one, 410 Sherman offers your portfolio an outstanding return on your investment dollar. This three story duplex is a winning duo of highest quality occupancy and ease of operations, as current ownership has completed all up-to-code improvements. Some recent improvements for the benefit of renters include: A. Furnace condenser pump/inducer fan replacement 2018/2019. B. Property brought up to 2018 Rental Property Standards for the City of North Mankato. C. Rental license transfer available for up to 6 unrelated in the house. D. Significant section of damage wood on front of house replaced. E. Significant professional pest control done fall 2018. F. Back deck brought up to code. G. Electrical improvements to various outlets and smoke-co detector wiring.

Last Agent to Sell the Property

Jon Kietzer

LANDMARK REAL ESTATE Listed on: 04/17/2019

Co-Listed By

Non Member

Non-Member

Last Buyer's Agent

Dan Terrell

RE/MAX DYNAMIC AGENTS

RE/MAX DYNAMIC AGENTS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,352

Year Built

  • 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Few Trees

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,408 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Wood Flooring
  • Walkup Attic

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • Attached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Lower Level
  • Upper Level

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for broadband, cable TV, electric, fuel, water/sewer
  • The owner pays for lawn, maint/repair, snow
  • Assessor Parcel Number R187920030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,352

Year Built

1925

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 3508
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 846
  • L V T Date: 04/17/2019
  • Parcel Number: R187920030
  • Price Per Square Foot: 82.64
  • Rental License: Yes
  • Stories: 2.25 - 2.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 6346
  • Estimated Number of Acres: 0.09
  • Zoning: R/Non
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 6
  • Total Bathrooms: 2
  • Basement Features: Egress Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1614
  • Total Fin Square Footage: 2408
  • Total Square Footage: 2408
  • Below Grade Finished Sq Ft: 794

Exterior Features

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

Garage/Parking

  • Garage Type: Attached

Utilities

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

Schools

  • School District: Mankato #77

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: 40 X 100

Rental Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Nov 20, 2019
Sold by
Streck Sean
Bought by
Yokiel Bridget Leigh
Seller's Agent
Jon Kietzer
LANDMARK REAL ESTATE
Buyer's Agent
Dan Terrell
RE/MAX DYNAMIC AGENTS
List Price
$215,000
Sold Price
$199,000
Premium/Discount to List
-$16,000
-7.44%
Current Estimated Value
$276,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,666
Avg. Annual Appreciation
5.91%
Original Mortgage
$189,050
Outstanding Balance
$166,709
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$109,957

Purchase Details

Listed on
May 17, 2018
Closed on
Aug 17, 2018
Sold by
Best Life Llc
Bought by
Streck Sean
Seller's Agent
Barb Raddatz
LANDMARK REAL ESTATE
Buyer's Agent
Non Member
Non-Member
List Price
$219,900
Sold Price
$200,000
Premium/Discount to List
-$19,900
-9.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.40%
Original Mortgage
$146,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2016
Sold by
Twin Rivers Investments Llc
Bought by
Best Life Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yokiel Bridget Leigh $199,000 North American Title
Streck Sean $200,000 Burner Title
Best Life Llc $1,378,021 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yokiel Bridget Leigh $189,050
Previous Owner Streck Sean $146,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Sold $199,000 0.0% $83 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
09/12/2019 09/12/19 Price Changed $199,000 -4.7% $83 / Sq Ft
06/12/2019 06/12/19 Price Changed $208,900 -2.8% $87 / Sq Ft
04/17/2019 04/17/19 For Sale $215,000 +7.5% $89 / Sq Ft
08/17/2018 08/17/18 Sold $200,000 -4.7% $239 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
06/05/2018 06/05/18 Price Changed $209,900 -4.5% $251 / Sq Ft
05/17/2018 05/17/18 For Sale $219,900 -- $263 / 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 $5,352 $266,300 $32,300 $234,000
2024 $3,776 $266,300 $32,300 $234,000
2023 $3,636 $239,300 $32,300 $207,000
2022 $3,238 $230,300 $32,300 $198,000
2021 $2,384 $183,400 $25,500 $157,900
2020 $2,948 $177,200 $25,500 $151,700
2019 $6,346 $164,500 $25,500 $139,000
2018 $6,132 $158,200 $25,500 $132,700
2017 -- $132,100 $0 $0
2016 $2,004 $0 $0 $0
2015 -- $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jon Kietzer

    Seller's Agent in 2019

    Jon Kietzer

    LANDMARK REAL ESTATE

    (507) 381-1773

    6 in this area

    127 Total Sales

    Section Image

  • N

    Seller Co-Listing Agent in 2019

    Non Member

    Non-Member

  • D

    Buyer's Agent in 2019

    Dan Terrell

    RE/MAX

    Section Image

  • B

    Seller's Agent in 2018

    Barb Raddatz

    LANDMARK REAL ESTATE

    (507) 340-5699

    Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7020508

REALTOR® Association of Southern Minnesota

APN: R-18.792.0030

Minnesota Nicollet County North Mankato 56003

410 Sherman St, North Mankato, MN

This home is located at 410 Sherman St, North Mankato, MN 56003 since 17 April 2019 and is currently estimated at $276,666, approximately $114 per square foot. This property was built in 1925. 410 Sherman St is a home located in Nicollet County with nearby schools including Monroe Elementary School, Dakota Meadows Middle School, and Mankato West Senior High School.

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.

Nearby Homes