NOT LISTED FOR SALE

518 E Walnut St Mankato, MN 56001

Five Corners Neighborhood

Estimated Value: $137,000 - $187,000

3 Beds
1.5 Baths
1,320 Sq Ft
$127/Sq Ft Est. Value

Last Sold June 18, 2020

Last sale price $149,900 $114 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,001/month

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Washington Elementary School Rated 9+
  • 1 Car Detached Garage
  • 5-minute walk to Washington Park

About This Home

As of June 2020

This beautifully updated 2 story, built in 1901, 3 bedroom, 1.5 bath makes for the perfect starter home. It also makes for a great turn-key, buy and hold INVESTMENT OPPORTUNITY, in which it has a current 5-person unrelated rental license. With this house you will get, updated floors throughout, updated interior/exterior paint/stain, new shingles on the back of house and 3 season porch, work bench in the garage, and so much more. When you walk through this property you get a little touch of everything; from your 3-season porch, deck, backyard, shed or garage It is all right there and easily accessible. Not to mention the 3 off street parking spots, and beautiful sunsets over downtown Mankato. The listing agent is also the owner.

Last Agent to Sell the Property

Jon Kietzer

LANDMARK REAL ESTATE Listed on: 05/04/2020

Last Buyer's Agent

Carrie Zeldenrust

REALTY EXECUTIVES ASSOCIATES License #404954494

REALTY EXECUTIVES ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,324

Year Built

  • 1901

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50x66
  • Partially Fenced Property
  • Landscaped
  • Few Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Masonite

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Drain

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Storage Shed
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R01.09.18.208.014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,324

Year Built

1901

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ethernet Wired, Hardwood Floors, Washer/Dryer Hookups, Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Deck, Driveway - Asphalt, Fenced Yard - Partial, Porch
  • Estimated Number of Acres: 0.08
  • Construction: Previously Owned
  • Foundation Size: 636
  • L V T Date: 05/04/2020
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: R01.09.18.208.014
  • Price Per Square Foot: 77
  • Rental License: Yes
  • Sold Price Per Sq Ft: 77
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 1040
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1901

Interior Features

  • Dining Room: Informal Dining Room
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 1/2 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 13.08x10.10, On Level: Main
  • Room 2: Dining Room, 13.04x11.01, On Level: Main
  • Room 3: Kitchen, 11.04x10.06, On Level: Main
  • Room 4: Laundry Room, 7.08x4.05, On Level: Main
  • Room 5: Porch, 10.11x9.04, On Level: Main
  • Room 6: Bathroom, 3x4.07, On Level: Main
  • Room 7: 6x6, On Level: Main
  • Room 8: Mud Room, 4.02x10.11, On Level: Main
  • Room 9: Master Bedroom, 10.11x12.03, On Level: Second Floor
  • Room 10: Bedroom, 7.10x9.11, On Level: Second Floor
  • Room 11: Bedroom, 11x10.08, On Level: Second Floor
  • Room 12: Bathroom, 7.05x8, On Level: Second Floor
  • Basement Features: Drainage System, Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1320
  • Tot Above Grade Sq Ft: 1320
  • Total Fin Square Footage: 1320
  • Total Square Footage: 1956
  • Tot Below Grade Sq Ft: 636

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Masonite (L)
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Mankato #77
  • Mankato Schools: Mankato East, Mankato West

Lot Info

  • Estimated Lot Dimensions: 50X66
  • Lot/Land Description: Landscaped, Tree Coverage - Light, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Jun 16, 2020
Sold by
Herrmann Spencer and Selchow Kevin
Bought by
Esqueda Jaime
Seller's Agent
Jon Kietzer
LANDMARK REAL ESTATE
Buyer's Agent
Carrie Zeldenrust
REALTY EXECUTIVES ASSOCIATES
List Price
$149,900
Sold Price
$149,900
Current Estimated Value
$167,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,059
Avg. Annual Appreciation
2.45%
Original Mortgage
$145,403
Outstanding Balance
$129,739
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$40,565

Purchase Details

Listed on
Jul 23, 2018
Closed on
Sep 25, 2018
Sold by
Thorn James A and Thorn Dawn M
Bought by
Herrmann Spencer and Broeckert Lynn
Seller's Agent
Jeff Kaul
CENTURY 21 ATWOOD
Buyer's Agent
Jay Sallstrom
RE/MAX Results
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.72%
Original Mortgage
$117,826
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Esqueda Jaime $74,948 Mn River Valley Title
Herrmann Spencer $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esqueda Jaime $145,403
Previous Owner Herrmann Spencer $117,826
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2020 06/18/20 Sold $149,900 0.0% $114 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $149,900 +24.9% $114 / Sq Ft
09/25/2018 09/25/18 Sold $120,000 0.0% $93 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $120,000 -- $93 / 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 $1,324 $148,900 $16,000 $132,900
2024 $1,324 $144,600 $16,000 $128,600
2023 $1,318 $143,000 $16,000 $127,000
2022 $1,136 $132,900 $16,000 $116,900
2021 $1,108 $111,700 $16,000 $95,700
2020 $1,040 $103,800 $16,000 $87,800
2019 $1,122 $103,800 $16,000 $87,800
2018 $1,376 $109,600 $16,000 $93,600
2017 $1,240 $106,900 $16,000 $90,900
2016 $1,162 $100,600 $16,000 $84,600
2015 $8 $94,600 $16,000 $78,600
2014 $960 $91,000 $16,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • Jon Kietzer

    Seller's Agent in 2020

    Jon Kietzer

    LANDMARK REAL ESTATE

    (507) 381-1773

    2 in this area

    129 Total Sales

    Jon Kietzer
    Section Image
  • Carrie Zeldenrust

    Buyer's Agent in 2020

    Carrie Zeldenrust

    Realty Executives

    (507) 317-9338

    50 Total Sales

    Carrie Zeldenrust
    Section Image
  • Jeff Kaul

    Seller's Agent in 2018

    Jeff Kaul

    CENTURY 21 ATWOOD

    (507) 381-1133

    389 Total Sales

    Jeff Kaul
    Section Image
  • Jay Sallstrom

    Buyer's Agent in 2018

    Jay Sallstrom

    RE/MAX

    (507) 428-7983

    88 Total Sales

    Jay Sallstrom
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7023937

REALTOR® Association of Southern Minnesota

APN: R01-09-18-208-014

Minnesota Blue Earth County Mankato 56001 Five Corners

518 E Walnut St, Mankato, MN

This home is located at 518 E Walnut St, Mankato, MN 56001 since 04 May 2020 and is currently estimated at $167,959, approximately $127 per square foot. This property was built in 1901. 518 E Walnut St is a home located in Blue Earth County with nearby schools including Washington Elementary School, Prairie Winds Middle School, and Mankato East Senior High School.

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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