NOT LISTED FOR SALE

501 E Prince St Lake Crystal, MN 56055

16 Beds
8 Baths
7,903 Sq Ft
0.42 Acres

Last Sold February 28, 2013

Last sale price $335,000 $42 Per Sq Ft

Highlights

  • Eat-In Kitchen
  • Walk-In Closet
  • Tile Flooring
  • Lake Crystal Wellcome Memorial Elementary School Rated A-
  • Patio
  • Water Softener is Owned

About This Home

As of February 2013

Well Maintained brick 8 plex with most of the units updated with new cupboards and all have newer appliances in the kitchen, newer carpet and bathroom improvements. All units are 2 bedrooms and 1 bath with one unit a little smaller than the rest. The Living room windows were replaced in 1998, and the Bedroom windows were upgraded in 2002. The roof was replaced in 2001. The hot water heater was replaced in 2011. The laundry washer and dryer also are newer. All units have off street parking. Tenants pay their own electricity and cable. Great investment property!

Last Agent to Sell the Property

Deb Richmond-Johnson

ResCom Realty Listed on: 01/07/2014

Last Buyer's Agent

TAMARA MULLIGAN

TRUE REAL ESTATE License #40064475

Property Details

Home Type

  • Apartment

Year Built

  • 1968

Lot Details

  • 0.42

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof
  • Rubber Roof
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 7,903 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 16 Bedrooms
  • Walk-In Closet
  • 8 Bathrooms

Location

  • Ground Level
  • Upper Level

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Boiler Heating System
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Patio
  • 0.42 Acre Lot

Community Details

  • Coin Laundry
  • Gross Income $56,640

Listing and Financial Details

  • Tenant pays for cable TV, electric
  • The owner pays for fuel, janitorial, lawn, maint/repair, snow, trash, water/sewer
  • Assessor Parcel Number R09.12.05.231.006

Property Details

Home Type

Apartment

Year Built

1968

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Apartment Building (L)
  • Assessment Balance: 40
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 3995
  • Mechanicals: Water Heater - Gas, Water Softner - Owned
  • Parcel Number: R09.12.05.231.006
  • Price Per Square Foot: 41.89
  • Stories: 2 Story
  • Taxes With Assessments: 6732
  • Estimated Number of Acres: 0.42
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 16
  • Total Bathrooms: 8
  • Finished Above Grade Sq Ft: 3995
  • Total Fin Square Footage: 7903
  • Total Square Footage: 7998
  • Below Grade Finished Sq Ft: 3900

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Construction Type: Frame/Wood
  • Exterior: Brick, Stucco, Vinyl
  • Roof: Asphalt Shingles, Rubber

Garage/Parking

  • Number Off Street Parking: 11

Utilities

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

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned, Patio

Schools

  • School District: Lake Crystal-Wellcome Mem. #2071

Lot Info

  • Estimated Lot Dimensions: 18288 sq ft.

Rental Info

  • Owner Expense: Fuel, Janitorial, Lawn, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric

Multi Family

  • Est Annual Gross Expense: 27420
  • Est Annual Gross Income: 56640

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2014 01/07/14 For Sale $350,000 +4.5% $44 / Sq Ft
02/28/2013 02/28/13 Sold $335,000 -- $42 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Deb Richmond-Johnson

    ResCom Realty

  • T

    Buyer's Agent in 2014

    TAMARA MULLIGAN

    TRUE REAL ESTATE

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7004291

REALTOR® Association of Southern Minnesota
Minnesota Blue Earth County Lake Crystal 56055

501 E Prince St, Lake Crystal, MN

This home is located at 501 E Prince St, Lake Crystal, MN 56055 since 07 January 2014. This property was built in 1968. 501 E Prince St is a home located in Blue Earth County with nearby schools including Lake Crystal Wellcome Memorial Elementary School and Lake Crystal Wellcome Memorial Secondary 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.

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