NOT LISTED FOR SALE

Estimated Value: $224,000 - $249,000

3 Beds
2 Baths
1,966 Sq Ft
$119/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $175,000 $89 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,470/month

29 Days on Market

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 November 2020

This very well cared for Duplex, is a great investment opportunity! The property is licensed with the city of Mankato, and has a 5 unrelated license in the upper unit and a 2 unrelated license in the main unit (to be verified with the city).There are hardwood floors throughout most of the home. There have been many updates to the home, along with built ins, high ceilings, and beautiful trim work through out. The main floor unit features a one bedroom with an attached bathroom, along with a eat in kitchen and formal dining room. The second level unit has large bedrooms, separate entrance to the unit, full bathroom, and an eat in kitchen. There is a separate laundry facility, that both units share. There is also an unattached garage for the tenants. Some of the updates include: Roof 2015, Siding 2012, most windows, refinished flooring, and most of the plumbing replaced throughout the property, blown in insulation in the attic 2016. Agent to verify information.

Last Agent to Sell the Property

Chad Hoffman

HOM REALTY GROUP Listed on: 08/14/2020

Last Buyer's Agent

Sarah Allen

TRUE REAL ESTATE License #40499065

TRUE REAL ESTATE

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

  • Boiler Heating System
  • Radiant Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R01.09.07.478.011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,948

Year Built

1912

Lot Details

0

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Style: Duplex - Up & Down
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 896
  • L V T Date: 08/14/2020
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R01.09.07.478.011
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Estimated Number of Acres: 0.14
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1912

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1966
  • Total Square Footage: 1966

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Asphalt, Patio

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

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

Lot Info

  • Lot/Land Description: Tree Coverage - Light, Paved Streets
  • Estimated Lot Dimensions: 40x150

Rental Info

  • Type of Tenancy: One Year Lease

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Vucinovich Tyler
Bought by
R & K Ventures Llc
Current Estimated Value
$233,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Outstanding Balance
$160,242
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$72,997

Purchase Details

Listed on
Aug 14, 2020
Closed on
Nov 20, 2020
Sold by
Jw Enterprises Mankato Llc
Bought by
Vucinovich Tyler
Seller's Agent
Chad Hoffman
HOM REALTY GROUP
Buyer's Agent
Sarah Allen
TRUE REAL ESTATE
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$166,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 29, 2016
Closed on
Nov 7, 2016
Sold by
Sohre Emily
Bought by
Jw Enterprises Manakto Llc
Seller's Agent
Steven Sohre
The Realty House
Buyer's Agent
Katyana Miller
Miller Real Estate
List Price
$175,000
Sold Price
$170,400
Premium/Discount to List
-$4,600
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.66%
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 $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
Closed Vucinivich Tyler Tyler $166,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Sold $175,000 -2.7% $89 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $179,900 +5.6% $92 / Sq Ft
11/06/2016 11/06/16 Sold $170,400 -2.6% $87 / Sq Ft View Prior Sale
10/11/2016 10/11/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $175,000 -- $89 / 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 $2,948 $205,900 $20,000 $185,900
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

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7024987

REALTOR® Association of Southern Minnesota

APN: R01-09-07-478-011