NOT LISTED FOR SALE

503 Central Ave S Mapleton, MN 56065

Estimated Value: $210,000 - $298,000

3 Beds
1.5 Baths
1,492 Sq Ft
$162/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $194,500 $130 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,594/month

1 Day on Market

About This Home

As of July 2021

This home is located at 503 Central Ave S, Mapleton, MN 56065 since 26 April 2021 and is currently estimated at $241,641, approximately $161 per square foot. This property was built in 1920. 503 Central Ave S is a home located in Blue Earth County with nearby schools including Maple River Secondary School.

Last Agent to Sell the Property

Tara Garbes

TRUE REAL ESTATE License #40206100 Listed on: 04/26/2021

TRUE REAL ESTATE

Last Buyer's Agent

Tara Garbes

TRUE REAL ESTATE License #40206100 Listed on: 04/26/2021

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,038

Year Built

  • 1920

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 100x135

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,492 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R15.24.04.451.007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,038

Year Built

1920

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Estimated Number of Acres: 0.31
  • Assessment Balance: 10
  • Assessments: Yes
  • Foundation Size: 868
  • L V T Date: 07/14/2021
  • Mechanicals: Water Heater-Gas
  • Parcel Number: R15.24.04.451.007
  • Price Per Square Foot: 85
  • Projected Closed Date: 06/30/2021
  • Sold Price Per Sq Ft: 82
  • Stories: 2 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 2318
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1492
  • Tot Above Grade Sq Ft: 1492
  • Total Fin Square Footage: 1492
  • Total Square Footage: 2360
  • Tot Below Grade Sq Ft: 868

Exterior Features

  • Construction Type: Concrete Block, Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2
  • Garage Square Footage: 900

Utilities

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

Schools

  • School District: Maple River #2135

Lot Info

  • Estimated Lot Dimensions: 100X135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jul 14, 2021
Sold by
Chaffee Hunter D and Michnowski Hilary
Bought by
Froehlich Jacob
Seller's Agent
Tara Garbes
TRUE REAL ESTATE
Buyer's Agent
Tara Garbes
TRUE REAL ESTATE
List Price
$199,900
Sold Price
$194,500
Premium/Discount to List
-$5,400
-2.7%
Current Estimated Value
$241,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,141
Avg. Annual Appreciation
5.63%
Original Mortgage
$190,976
Outstanding Balance
$175,220
Interest Rate
2.93%
Mortgage Type
FHA
Estimated Equity
$66,421

Purchase Details

Listed on
May 7, 2014
Closed on
Oct 31, 2014
Sold by
Hiniker Nicholas A
Bought by
Chaffee Hunter D and Michnowski Hilary
Seller's Agent
Judy Ness
HOMESTEAD REALTY, LLC
Buyer's Agent
BILL BICKETT
MIDWEST REALTY
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$117,346
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2010
Sold by
Bair Ryan J and Bair Elizabeth
Bought by
Hiniker Nicholas A and Hiniker Camilla J

Purchase Details

Closed on
Sep 8, 2009
Sold by
Deutsche Bank National Trust Co
Bought by
Bair Ryan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
5.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 12, 2006
Sold by
Schemmel Gregory P
Bought by
Slama Jacob G
Source: Public Records

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Range of Values:

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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
Froehlich Jacob $194,500 Premier Title
Chaffee Hunter D $115,000 Minnesota River Valley Title
Hiniker Nicholas A $112,500 --
Bair Ryan J $50,000 --
Slama Jacob G $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Froehlich Jacob $190,976
Previous Owner Chaffee Hunter D $106,850
Previous Owner Chaffee Hunter D $117,346
Previous Owner Bair Ryan J $51,000
Previous Owner Schemmel Gregory P $40,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $194,500 -2.7% $130 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $199,900 +73.8% $134 / Sq Ft
10/31/2014 10/31/14 Sold $115,000 -11.5% $77 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $129,900 -- $87 / 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
2024 $3,038 $224,200 $19,400 $204,800
2023 $2,900 $222,800 $19,400 $203,400
2022 $2,422 $200,700 $19,400 $181,300
2021 $2,318 $153,200 $19,400 $133,800
2020 $1,838 $140,200 $19,400 $120,800
2019 $1,752 $140,200 $19,400 $120,800
2018 $1,692 $133,100 $19,400 $113,700
2017 $1,500 $126,800 $19,400 $107,400
2016 $1,480 $111,600 $19,400 $92,200
2015 $15 $107,900 $19,400 $88,500
2014 -- $116,800 $19,400 $97,400
Source: Public Records

Agents Affiliated with this Home

  • Tara Garbes

    Seller's Agent in 2021

    Tara Garbes

    TRUE REAL ESTATE

    (507) 327-6370

    217 Total Sales

    Tara Garbes
    Section Image
  • Judy Ness

    Seller's Agent in 2014

    Judy Ness

    HOMESTEAD REALTY, LLC

    (507) 525-2009

    134 Total Sales

    Judy Ness
    Section Image

  • B

    Buyer's Agent in 2014

    BILL BICKETT

    MIDWEST REALTY

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7027579

REALTOR® Association of Southern Minnesota

APN: R15-24-04-451-007

Minnesota Blue Earth County Mapleton 56065

503 Central Ave S, Mapleton, MN

This home is located at 503 Central Ave S, Mapleton, MN 56065 since 26 April 2021 and is currently estimated at $241,641, approximately $161 per square foot. This property was built in 1920. 503 Central Ave S is a home located in Blue Earth County with nearby schools including Maple River Secondary School.

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