NOT LISTED FOR SALE

434 N 6th St Mankato, MN 56001

Washington Park Neighborhood

Estimated Value: $234,000 - $266,000

5 Beds
2 Baths
2,552 Sq Ft
$97/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $183,000 $72 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,512/month

111 Days on Market

Highlights

  • 0.25 Acre Lot
  • Landscaped with Trees
  • Community Deck or Porch
  • Franklin Elementary School Rated A
  • High Speed Internet
  • 4-minute walk to Washington Park

About This Home

As of May 2017

Property is leased through July 31st 2017 for $2,000 a month, licensed for 5 unrelated, tenants pay, heat, electric, water, sewer garbage. Plenty of off street parking, easy to rent and manage. Additional buildable lot adjacent to the subject property to be included in the purchase price of $219,900. Recently remodeled, new windows, new exterior doors, freshly painted inside and out. New stainless steel appliances in the kitchen. Newer roof, new flooring, bathrooms also remodeled. Good rental history.

Last Agent to Sell the Property

Jon Kietzer

LANDMARK REAL ESTATE Listed on: 01/25/2017

Last Buyer's Agent

CHAD LUSCOMB

Coldwell Banker River Valley License #20353473

Coldwell Banker River Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,608

Year Built

  • 1888

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60 x 150
  • Landscaped with Trees

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,552 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Stone Basement

Utilities

  • Boiler Heating System
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Tenant pays for broadband, cable TV, electric, fuel, trash, water/sewer
  • Assessor Parcel Number R010907478031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,608

Year Built

1888

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Style: Single Family Rental (L)
  • Construction: Previously Owned
  • Foundation Size: 1362
  • L V T Date: 01/25/2017
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R010907478031
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Estimated Number of Acres: 0.25
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1888

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2552
  • Total Square Footage: 2552

Exterior Features

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

Utilities

  • Fuel: Natural Gas
  • Heat: Boiler
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Shared: Porch

Lot Info

  • Lot/Land Description: Landscaped, Tree Coverage - Medium, Paved Streets
  • Estimated Lot Dimensions: 60 x 150

Rental Info

  • Tenant Expense: Broadband, Cable TV, Electric, Fuel, Trash, Water/Sewer
  • Type of Tenancy: One Year Lease

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2017
Closed on
May 25, 2017
Sold by
Diebold Land Co Llc
Bought by
Moret Property Llc
Seller's Agent
Jon Kietzer
LANDMARK REAL ESTATE
Buyer's Agent
CHAD LUSCOMB
Coldwell Banker River Valley
List Price
$219,900
Sold Price
$183,000
Premium/Discount to List
-$36,900
-16.78%
Current Estimated Value
$247,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,076
Avg. Annual Appreciation
3.58%
Original Mortgage
$147,200
Outstanding Balance
$122,145
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$124,931

Purchase Details

Closed on
Jul 8, 2015
Sold by
Diebold Land Co Llc
Bought by
Re Urban Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2013
Sold by
Diebold Dixon
Bought by
Diebold Land Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,400
Interest Rate
4.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Moret Property Llc $183,000 Title Resources
Re Urban Llc -- --
Diebold Land Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moret Property Llc $147,200
Previous Owner Re Urban Llc $122,000
Previous Owner Diebold Land Co Llc $346,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $183,000 -16.8% $72 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $219,900 -- $86 / 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 $2,608 $208,800 $30,400 $178,400
2024 $2,608 $229,000 $30,400 $198,600
2023 $2,344 $213,700 $30,400 $183,300
2022 $2,162 $199,100 $30,400 $168,700
2021 $2,116 $169,400 $30,400 $139,000
2020 $2,024 $157,400 $30,400 $127,000
2019 $2,144 $157,400 $30,400 $127,000
2018 $2,084 $166,500 $30,200 $136,300
Source: Public Records

Agents Affiliated with this Home

  • Jon Kietzer

    Seller's Agent in 2017

    Jon Kietzer

    LANDMARK REAL ESTATE

    (507) 381-1773

    1 in this area

    122 Total Sales

    Jon Kietzer
    Section Image
  • CHAD LUSCOMB

    Buyer's Agent in 2017

    CHAD LUSCOMB

    Coldwell Banker River Valley

    (507) 382-6157

    75 Total Sales

    CHAD LUSCOMB
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7013549

REALTOR® Association of Southern Minnesota

APN: R01.09.07.478.033

Minnesota Blue Earth County Mankato 56001 Washington Park

434 N 6th St, Mankato, MN

Not Listed for Sale

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