NOT LISTED FOR SALE

505 Homestead Rd Mankato, MN 56001

Jaycee Park Neighborhood

Estimated Value: $331,000 - $344,000

4 Beds
2 Baths
2,288 Sq Ft
$147/Sq Ft Est. Value

Sale Details

Date Sold: September 22, 2023

Last sale price $315,000 $138 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,112 / mo

4 Days on Market

Highlights

  • Above Ground Pool
  • Open Floorplan
  • Vaulted Ceiling
  • Kennedy Elementary School Rated 9+
  • Deck
  • 5-minute walk to Lions Park

About This Home

As of September 2023

Introducing 505 Homestead Road, offering a lot more than meets the eye. This home it situated on Lion's Lake and offers beautiful views all year long! The upper level of this home offers an enormous kitchen with white cabinetry, butcher block countertops, moveable island and beautiful hardwood floors that run through the formal dining room as well. There's a 3-season porch where you'll enjoy dining outside and a deck that runs along the back of the house. The pool can stay! There are 2 bedrooms and a full bath completing the upper level. Downstairs is a large family room, 2 more bedrooms, another full bath with tile surround, and a good-sized laundry room. Outside you'll enjoy the parking pad on the side of the garage. Updates to this home include: solid surface flooring throughout (except staircase), radon system, AC '19, rebuilt furnace '19, new air exchanger, water softener '21, new overhead door opener and a fully fenced yard. Call now for a private showing!

Last Agent to Sell the Property

Shannon Beal

JBEAL REAL ESTATE GROUP Listed on: 08/09/2023

Last Buyer's Agent

PATRICK HRUBY

REALTY EXECUTIVES ASSOCIATES License #20287859

REALTY EXECUTIVES ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,986

Year Built

  • Built in 1979

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 120' x 80'
  • Fenced Yard
  • Landscaped with Trees

Home Design

  • Bi-Level Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Active Radon Mitigation

Interior Spaces

  • Open Floorplan
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Basement Window Egress

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Above Ground Pool
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number R01.09.20.129.002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,986

Year Built

Built in 1979

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups, Combination Windows (L), Double Pane Windows (L), Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Deck, Driveway - Concrete, Fenced Yard - Full
  • Estimated Number of Acres: 0.22
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1144
  • L V T Date: 08/10/2023
  • Mechanicals: Air to Air Exchange, Water Heater-Gas, Water Softener-Owned, Sump Pump, Radon Mitigation-Active
  • Parcel Number: R01.09.20.129.002
  • Stories: Bi-Level Split
  • Street Designation: Road
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room, Open Floor Plan
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Upper Level Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Kitchen, 15'x12'4, On Level: Upper
  • Room 2: Dining Room, 12'8x12'4, On Level: Upper
  • Room 3: Living Room, 15'6x13'10, On Level: Upper
  • Room 4: Master Bedroom, 14'2x12'4, On Level: Upper
  • Room 5: Bedroom, 10'2x12'6, On Level: Upper
  • Room 6: Family Room, 16'9x21'11, On Level: Lower
  • Room 7: 10'11x11'1, On Level: Upper
  • Room 8: Bedroom, 13'6x11'1, On Level: Lower
  • Room 9: Bedroom, 12'x13'1, On Level: Lower
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1144
  • Below Grade Finished Sq Ft: 1144
  • Tot Above Grade Sq Ft: 1144
  • Total Fin Square Footage: 2288
  • Total Square Footage: 2288
  • Tot Below Grade Sq Ft: 1144

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Pool: Above Ground
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2
  • Garage Square Footage: 576

Utilities

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

Schools

  • Mankato Schools: Kennedy, Mankato East, Prairie Winds Middle

Lot Info

  • Estimated Lot Dimensions: 120' x 80'
  • Lot/Land Description: Tree Coverage - Medium, Paved Streets, Underground Utilities

Building Info

  • Year Built: 1979

Tax Info

  • Year: 2023
  • Tax Value: 2986

MLS Schools

  • School District: Mankato #77

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Sep 22, 2023
Sold by
Bought by
Seller's Agent
Shannon Beal
JBEAL REAL ESTATE GROUP
Buyer's Agent
PATRICK HRUBY
REALTY EXECUTIVES ASSOCIATES
List Price
$294,900
Sold Price
$315,000
Premium/Discount to List
$20,100
6.82%
Views
20
Current Estimated Value
$335,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,658
Avg. Annual Appreciation
2.29%

Purchase Details

Listed on
Sep 3, 2013
Closed on
Nov 27, 2013
Sold by
Bought by
Seller's Agent
Angie VanEman Lynch
AMERICAN WAY REALTY
Buyer's Agent
Shannon Beal
JBEAL REAL ESTATE GROUP
List Price
$179,900
Sold Price
$167,000
Premium/Discount to List
-$12,900
-7.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$161,990
Interest Rate
0.041%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2013
Closed on
Nov 25, 2013
Sold by
Bought by
Seller's Agent
Angie VanEman Lynch
AMERICAN WAY REALTY
Buyer's Agent
Shannon Beal
JBEAL REAL ESTATE GROUP
List Price
$179,900
Sold Price
$167,000
Premium/Discount to List
-$12,900
-7.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,990
Interest Rate
0.041%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,980
Interest Rate
0.0505%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$315,000 --
$167,000 --
$167,000 Concierge Title
$152,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $187,200
Previous Owner $183,770
Previous Owner $161,990
Previous Owner $161,990
Previous Owner $149,980
Previous Owner $148,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2023 09/22/23 Sold $315,000 +6.8% $138 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $294,900 +76.6% $129 / Sq Ft
11/27/2013 11/27/13 Sold $167,000 -7.2% $73 / Sq Ft View Prior Sale
10/18/2013 10/18/13 Pending -- -- --
09/03/2013 09/03/13 For Sale $179,900 -- $79 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,472 $331,300 $36,800 $294,500
2025 $3,472 $304,700 $36,800 $267,900
2024 $3,150 $294,400 $36,800 $257,600
2023 $3,006 $278,900 $36,800 $242,100
2022 $3,664 $267,200 $36,800 $230,400
2021 $3,594 $221,100 $36,800 $184,300
2020 $3,440 $203,300 $36,800 $166,500
2019 $3,312 $203,300 $36,800 $166,500
2018 $3,118 $193,400 $36,800 $156,600
2017 $1,850 $180,000 $36,800 $143,200
2016 $1,804 $170,000 $36,800 $133,200
2015 $17 $167,300 $36,800 $130,500
2014 $1,764 $160,600 $36,800 $123,800
Source: Public Records

Agents Affiliated with this Home

  • Shannon Beal

    Seller's Agent in 2023

    Shannon Beal

    JBEAL REAL ESTATE GROUP

    (507) 469-9530

    1 in this area

    124 Total Sales

    Shannon Beal
    Section Image

  • P

    Buyer's Agent in 2023

    PATRICK HRUBY

    Realty Executives

    (507) 380-8982

    1 in this area

    40 Total Sales

    PATRICK HRUBY
    Section Image
  • Angie VanEman Lynch

    Seller's Agent in 2013

    Angie VanEman Lynch

    AMERICAN WAY REALTY

    (507) 381-8961

    3 in this area

    227 Total Sales

    Angie VanEman Lynch
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7033041

REALTOR® Association of Southern Minnesota

APN: R01-09-20-129-002

Minnesota Blue Earth County Mankato 56001 Jaycee Park

505 Homestead Rd, Mankato, MN

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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