NOT LISTED FOR SALE

507 2nd Ave SE Mapleton, MN 56065

Estimated Value: $402,000 - $461,000

0.55 Acre
$797,585 Price per Acre
23,958 Sq Ft Lot

Last Sold December 23, 2015

Last sale price $10,000 $8 Per Sq Ft

Est. 4,287% increase in value since last sale

Current estimated payment $2,947/month

965 Days on Market

About This Lot

As of December 2015

Large, level, corner city lot, over 1/2 an acre in size! These lots include a great buyer incentive program that includes 3 boulevard trees of buyer's choice, waiver of $100 building permit fee, and 1st quarter of utility service is free (begins on date homeowner occupies the dwelling.) Spacious and roomy, these lots are connected to city sewer, city water, have new street, curb and gutter. The city of Mapleton has several amenities- bank, city park, post office, several churches, restaurants, shops, grocery store, doctor's office, dentist, school and so much more- just 15 miles from Mankato! Call today, these lots won't last long!

Last Agent to Sell the Property

Judy Ness

HOMESTEAD REALTY, LLC Listed on: 04/23/2013

Last Buyer's Agent

Amy Klammer

TRUE REAL ESTATE License #40351153

TRUE REAL ESTATE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,140

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 128x187
  • Corner Lot
  • Level Lot
  • 20 Lots in the community
  • Finished Lot(s)

Listing and Financial Details

  • Assessor Parcel Number R15.24.04.380.013

Property Details

Property Type

Land

Est. Annual Taxes

$6,140

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Sub Type: Residential
  • Parcel Number: R15.24.04.380.013
  • Street Designation: Avenue
  • Taxes With Assessments: 1610
  • Estimated Number of Acres: 0.55
  • Additional Information: Platted
  • Builder Restrictions: Limited
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Plat Recorded: Yes
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Available Utilities: City Garbage
  • On Site Utilities: City Water, City Sewer, Electric, Natural Gas

Schools

  • School District: Maple River #2135

Lot Info

  • Lot/Land Description: Corner Lot
  • Estimated Lot Dimensions: 128x187
  • Total Lots Available: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Sharkey Lindsey and Sharkey Torrey
Bought by
Hayes Tessa E and Hayes Justin A
Current Estimated Value
$438,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$278,134
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$160,538

Purchase Details

Closed on
Jun 29, 2020
Sold by
Heins James E and Der Hagen Elizabeth
Bought by
Sharkey Torrey T and Sharkey Lindsey K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$278,134
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$160,538

Purchase Details

Listed on
Apr 23, 2013
Closed on
Dec 23, 2015
Sold by
Mapleton City
Bought by
Sharkey Lindsey
Seller's Agent
Judy Ness
HOMESTEAD REALTY, LLC
Buyer's Agent
Amy Klammer
TRUE REAL ESTATE
List Price
$10,000
Sold Price
$10,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.70%

Purchase Details

Closed on
Feb 7, 2013
Sold by
Caron Larry A and Caron Rita A
Bought by
City Of Mapleton
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hayes Tessa E $410,000 Stewart Title
Sharkey Torrey T $551,000 None Available
Sharkey Lindsey $10,000 --
City Of Mapleton -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Tessa E $312,000
Previous Owner Sharkey Torrey T $15,100
Previous Owner Sharkey Torrey T $231,365
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2015 12/23/15 Sold $10,000 0.0% $8 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
04/23/2013 04/23/13 For Sale $10,000 -- $8 / 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 $6,140 $432,800 $23,300 $409,500
2024 $6,140 $415,500 $23,300 $392,200
2023 $5,742 $411,300 $23,300 $388,000
2022 $6,120 $368,600 $23,300 $345,300
2021 $5,370 $341,600 $23,300 $318,300
2020 $4,264 $286,800 $23,300 $263,500
2019 $3,918 $286,800 $23,300 $263,500
2018 $2,316 $261,600 $23,300 $238,300
2017 $236 $162,800 $23,300 $139,500
2016 $1,584 $14,000 $14,000 $0
2015 $1,584 $14,000 $14,000 $0
2014 $1,584 $17,500 $17,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7002171

REALTOR® Association of Southern Minnesota

APN: R15-24-04-380-013