Seller's Agent in 2025
PAMELA DAVEY
Realty Executives
(507) 381-4323
2 in this area
46 Total Sales
416 State St Mankato, MN 56001
Liberty Park Neighborhood
2
Beds
1
Bath
2,184
Sq Ft
8,712
Sq Ft Lot
Highlights
- Wood Flooring
- 1 Car Detached Garage
- Woodwork
- Jefferson Elementary School Rated A-
- Eat-In Kitchen
- 5-minute walk to Stoltzman Road Park
About This Home
As of August 2025Charming 4-Bedroom Home with Duplex License – Full of Character and Versatility! Step into timeless charm with this spacious 4-bedroom, 2-bath home built in 1908, thoughtfully maintained and licensed as a duplex. Whether you're looking for an investment opportunity or a unique single-family home with flexible living space, this property is packed with potential. Inside, you’ll find large, light-filled rooms brimming with character. The main level features a formal dining room, fireplace, a cozy breakfast nook—perfect for your morning coffee or a good book—and a full bath. The kitchen has much cupboard space, light detail in the highest level of the cabinets, and a lovely front addition, previously used as an office, offers extra living or workspace. Upstairs boasts a generous family/living room with an abundance of natural light thanks to numerous windows. This level also includes two bedrooms, a full bathroom, and access to a spacious attic that’s been used for storage. Other highlights: Full, unfinished basement with a workbench and two additional flex rooms. Shared main-level laundry (Maytag washer/dryer) with side entrance access. Single-stall garage + paved off-street parking. Storage shed in back (includes 3 window A/C units). Owner freshly landscaped yard/around home. Lovely mature trees provide shade and beauty. New windows installed from 2016–2023 (30 double hung windows) roof replaced in 2010, remodeling updates in 2008 include added front porch, removed cast iron piping, installed new sewer lines to street, added retaining wall-steps in back of home, replaced gravel with asphalt to improve the driveway and parking, installed separate utility meters for each unit. This home is ideally located near West High School, DQ, shopping, parks, places of worship, and bike-friendly sidewalks. A perfect blend of history, function, and future potential—this home is ready to welcome its next chapter! Property is vacant buyer can determine the rental rate and terms. Suggested rental rate $1400 per month for each floor.
Last Agent to Sell the Property
REALTY EXECUTIVES ASSOCIATES License #40072130 Listed on: 06/04/2025
Last Buyer's Agent
REALTY EXECUTIVES ASSOCIATES License #40072130 Listed on: 06/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,486
Year Built
- Built in 1908
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 64 x 140
- Landscaped with Trees
Parking
- 1 Car Detached Garage
- 6 Parking Spaces Included
- Driveway
- On-Street Parking
- Off-Street Parking
Home Design
- Duplex
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Steel Siding
Interior Spaces
- 2,184 Sq Ft Home
- 2-Story Property
- Woodwork
- Ceiling Fan
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Stone Basement
- Natural lighting in basement
Location
- Ground Level
- Upper Level
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number R01.08.13.258.013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 4, 2025
Closed on
Aug 1, 2025
Sold by
Marilyn A Peterson Revocable Trust and Peterson Marilyn A
Bought by
Allen Karen Jo
Seller's Agent
PAMELA DAVEY
REALTY EXECUTIVES ASSOCIATES
Buyer's Agent
PAMELA DAVEY
REALTY EXECUTIVES ASSOCIATES
List Price
$329,900
Sold Price
$275,000
Premium/Discount to List
-$54,900
-16.64%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,799
Avg. Annual Appreciation
5.45%
Original Mortgage
$251,831
Outstanding Balance
$251,615
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$30,184
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $275,000 | Stewart Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $251,831 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | Sold | $275,000 | -8.0% | $126 / Sq Ft |
| 06/30/2025 06/30/25 | Pending | -- | -- | -- |
| 06/19/2025 06/19/25 | Price Changed | $299,000 | -3.5% | $137 / Sq Ft |
| 06/09/2025 06/09/25 | Price Changed | $309,900 | -6.1% | $142 / Sq Ft |
| 06/05/2025 06/05/25 | For Sale | $329,900 | +20.0% | $151 / Sq Ft |
| 06/05/2025 06/05/25 | Off Market | $275,000 | -- | -- |
| 06/04/2025 06/04/25 | For Sale | $329,000 | -- | $151 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
Tax History Compared to Growth
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 | $3,506 | $269,600 | $34,500 | $235,100 |
| 2024 | $3,506 | $253,300 | $34,500 | $218,800 |
| 2023 | $3,620 | $281,800 | $34,500 | $247,300 |
| 2022 | $3,244 | $254,100 | $34,500 | $219,600 |
| 2021 | $3,076 | $209,800 | $34,500 | $175,300 |
| 2020 | $3,014 | $194,100 | $34,500 | $159,600 |
| 2019 | $2,970 | $194,100 | $34,500 | $159,600 |
| 2018 | $2,828 | $190,800 | $34,500 | $156,300 |
| 2017 | $2,422 | $183,000 | $34,500 | $148,500 |
| 2016 | $2,552 | $162,700 | $34,500 | $128,200 |
| 2015 | $17 | $172,000 | $34,500 | $137,500 |
| 2014 | $2,308 | $429,600 | $103,500 | $326,100 |
Source: Public Records
Agents Affiliated with this Home
-
PAMELA DAVEY
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7037665
APN: R01-08-13-258-013
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.
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
- 222 W Pleasant St
- 212 W Pleasant St
- 522 Record St
- 227 W 5th St
- 117 E Pleasant St
- 133 Lincoln St
- 202 E Lewis St
- 0 Bradley St
- 108 Parsons St
- 0 Parsons St
- W W 5th St
- 26 Sumner Hills Rd
- 407 W 8th St
- 225 Oak Knoll Blvd
- 825 Carney Ave
- 0 Outlot A Block 1 Unit 7031909
- 701 Nicollet Ave
- 316 Stoltzman Rd
- 338 James Ave
- 109 S 4th St