501 N 5th St Unit 501 N 5th Street Mankato, MN 56001
Washington Park NeighborhoodEstimated Value: $223,366 - $291,000
3
Beds
2
Baths
1,966
Sq Ft
$131/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 2 Car Detached Garage
- Patio
- Franklin Elementary School Rated A
- Eat-In Kitchen
- 3-minute walk to Washington Park
About This Home
As of March 2022Great investment opportunity!!! This well-maintained duplex in located in a great central location and has a 5-unrelated rental license with the city. Some of the updates include: new landscaping, fresh paint on the garage and lower unit, new light fixtures and ceiling fans, and more! Make an appointment and claim this investment today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,948
Year Built
- 1912
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 40x150
- Few Trees
Parking
- 2 Car Detached Garage
- 1 Parking Space Included
- Driveway
- On-Street Parking
- Off-Street Parking
Home Design
- Duplex
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,966 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Stone Basement
Outdoor Features
- Patio
Location
- Ground Level
- Upper Level
Utilities
- Cooling System Mounted In Outer Wall Opening
- Boiler Heating System
- Radiant Heating System
- Gas Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electric
- Assessor Parcel Number R01.09.07.478.011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2022
Closed on
Mar 31, 2022
Sold by
Vucinovich Tyler
Bought by
R & K Ventures Llc
Seller's Agent
Jen True
TRUE REAL ESTATE
Buyer's Agent
Kellie Krumwiede
Connect Real Estate Group
List Price
$215,000
Sold Price
$214,000
Premium/Discount to List
-$1,000
-0.47%
Total Days on Market
1
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
$44,092
Avg. Annual Appreciation
3.86%
Original Mortgage
$171,200
Outstanding Balance
$161,658
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$79,800
Purchase Details
Closed on
Nov 20, 2020
Sold by
Jw Enterprises Mankato Llc
Bought by
Vucinovich Tyler
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 7, 2016
Sold by
Sohre Emily
Bought by
Jw Enterprises Manakto Llc
Similar Homes in Mankato, MN
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| R & K Ventures Llc | $214,000 | -- | |
| Vucinovich Tyler | $175,000 | Mn River Valley Title | |
| Jw Enterprises Manakto Llc | $170,400 | -- | |
| Vucinivich Tyler Tyler | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | R & K Ventures Llc | $171,200 | |
| Previous Owner | Vucinovich Tyler | $166,250 | |
| Previous Owner | Shore Emily | $122,400 | |
| Previous Owner | Sohre Emily | $22,950 | |
| Closed | Vucinivich Tyler Tyler | $166,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2022 03/31/22 | Sold | $214,000 | -0.5% | $109 / Sq Ft |
| 02/10/2022 02/10/22 | Pending | -- | -- | -- |
| 02/09/2022 02/09/22 | For Sale | $215,000 | -- | $109 / 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 |
|---|---|---|---|---|
| 2024 | $2,948 | $212,800 | $20,000 | $192,800 |
| 2023 | $2,854 | $215,600 | $20,000 | $195,600 |
| 2022 | $1,856 | $200,000 | $20,000 | $180,000 |
| 2021 | $1,834 | $164,500 | $20,000 | $144,500 |
| 2020 | $2,400 | $154,200 | $20,000 | $134,200 |
| 2019 | $2,444 | $154,200 | $20,000 | $134,200 |
| 2018 | $2,366 | $156,800 | $20,000 | $136,800 |
| 2017 | $1,508 | $152,900 | $20,000 | $132,900 |
| 2016 | $1,720 | $143,800 | $20,000 | $123,800 |
| 2015 | $12 | $127,100 | $20,000 | $107,100 |
| 2014 | $1,362 | $123,800 | $20,000 | $103,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jen True
Seller's Agent in 2022
Jen True
TRUE REAL ESTATE
(507) 317-4433
9 in this area
497 Total Sales
-
Sonja Zoet
Seller Co-Listing Agent in 2022
Sonja Zoet
REAL BROKER, LLC
(507) 351-5728
4 in this area
218 Total Sales
-
Kellie Krumwiede
Buyer's Agent in 2022
Kellie Krumwiede
Connect Real Estate Group
(507) 399-9889
2 in this area
133 Total Sales
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7028993
APN: R01-09-07-478-011
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