NOT LISTED FOR SALE

Estimated Value: $378,000 - $497,000

7 Beds
4 Baths
2,484 Sq Ft
$175/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2024

Last sale price $490,000 $197 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,878 / mo

2 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Eat-In Kitchen
  • Kennedy Elementary School Rated 9+
  • 4 Car Detached Garage
  • Woodwork

About This Home

As of May 2024

Bi-level triplex with 3 units and four garage stalls.

Last Agent to Sell the Property

Cheryl Lustig

BRIDGE REALTY License #20313662 Listed on: 05/09/2024

BRIDGE REALTY

Last Buyer's Agent

Kellie Krumwiede

Connect Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,154

Year Built

  • Built in 1978

Lot Details

  • 13,068 Sq Ft Lot
  • Lot Dimensions are 86x153
  • Few Trees

Parking

  • 4 Car Detached Garage
  • 2 Parking Spaces Included
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Bi-Level Home
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2,484 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Location

  • Lower Level
  • Upper Level
  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, water/sewer, fuel
  • The owner pays for maint/repair
  • Assessor Parcel Number R01-09-16-103-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,154

Year Built

Built in 1978

Lot Details

0.3 Acres

Parking

4

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Triplex
  • Construction: Previously Owned
  • Foundation Size: 2484
  • L V T Date: 05/29/2024
  • Mechanicals: Sump Pump
  • Parcel Number: R01-09-16-103-002
  • Rental License: Yes
  • Stories: Bi-Level Split
  • Street Designation: Drive
  • Estimated Number of Acres: 0.3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 7
  • Total Bathrooms: 4
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2484
  • Total Square Footage: 4986
  • Below Grade Finished Sq Ft: 2484

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 4

Utilities

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

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light, Paved Streets
  • Estimated Lot Dimensions: 86x153

Rental Info

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

Building Info

  • Year Built: 1978

Tax Info

  • Year: 2024
  • Tax Value: 6154

MLS Schools

  • School District: Mankato #77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
May 28, 2024
Sold by
Jacobs Adella
Bought by
R & K Ventures Llc
Seller's Agent
Cheryl Lustig
BRIDGE REALTY
Buyer's Agent
Kellie Krumwiede
Connect Real Estate Group
List Price
$515,000
Sold Price
$490,000
Premium/Discount to List
-$25,000
-4.85%
Current Estimated Value
$434,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,767
Avg. Annual Appreciation
-6.39%
Original Mortgage
$367,500
Outstanding Balance
$362,683
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$71,550

Purchase Details

Closed on
Apr 19, 2021
Sold by
Jacobs Adella
Bought by
Jacobs Trust
Source: Public Records

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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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
R & K Ventures Llc $490,000 --
Jacobs Trust -- None Available
Jacobs Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R & K Ventures Llc $367,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2024 05/28/24 Sold $490,000 -4.9% $197 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $515,000 -- $207 / 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 $6,720 $457,600 $43,400 $414,200
2024 $6,272 $454,300 $43,400 $410,900
2023 $6,082 $455,200 $43,400 $411,800
2022 $5,248 $427,800 $43,400 $384,400
2021 $5,170 $340,200 $43,400 $296,800
2020 $5,004 $323,000 $43,400 $279,600
2019 $4,666 $323,000 $43,400 $279,600
2018 $4,490 $300,400 $43,400 $257,000
2017 $3,842 $291,300 $43,400 $247,900
2016 $3,834 $259,000 $43,400 $215,600
2015 $36 $259,000 $43,400 $215,600
2014 $3,840 $246,200 $43,400 $202,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7035037

REALTOR® Association of Southern Minnesota

APN: R01-09-16-103-002

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