NOT LISTED FOR SALE

518 N Broad St Mankato, MN 56001

Riverfront Park Neighborhood

Estimated Value: $181,000 - $209,000

2 Beds
2 Baths
1,902 Sq Ft
$102/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $112,000 $59 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,211/month

About This Home

As of September 2016

This home is located at 518 N Broad St, Mankato, MN 56001 since 15 September 2016 and is currently estimated at $193,065, approximately $101 per square foot. This property was built in 1902. 518 N Broad St is a home located in Blue Earth County with nearby schools including Franklin Elementary School, Prairie Winds Middle School, and Mankato East Senior High School.

Last Agent to Sell the Property

Dennis Terrell

RE/MAX DYNAMIC AGENTS License #20370666 Listed on: 09/15/2016

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Rebecca Thate

Re/Max Advantage Plus Mankato License #20422215

Re/Max Advantage Plus Mankato

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,374

Year Built

  • 1902

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 39x158

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,902 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Location

  • Ground Level

Utilities

  • Boiler Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01.09.07.410.016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,374

Year Built

1902

Lot Details

0

Parking

1

Listing Details

  • Class: MULTI-FAMILY
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Foundation Size: 891
  • L V T Date: 09/16/2016
  • Mechanicals: Water Heater - Gas
  • Parcel Number: 01.09.07.410.016
  • Rental License: Yes
  • Stories: 2 Story
  • Estimated Number of Acres: 0.14
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1902

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1902
  • Total Square Footage: 1782

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1
  • Number Off Street Parking: 4

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 39x158

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Cdl Properties Llc
Bought by
Friesen Properties Llc
Current Estimated Value
$193,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Outstanding Balance
$33,045
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$160,020

Purchase Details

Closed on
Feb 16, 2017
Sold by
Peterson Chantel
Bought by
Cdl Properties Llc

Purchase Details

Listed on
Sep 15, 2016
Closed on
Sep 15, 2016
Sold by
Wal Construction Inc
Bought by
Peterson Chantel
Seller's Agent
Dennis Terrell
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Rebecca Thate
Re/Max Advantage Plus Mankato
List Price
$112,000
Sold Price
$112,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$89,600
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Friesen Properties Llc $170,000 Stewart Title
Cdl Properties Llc -- --
Peterson Chantel $112,000 Title Resource Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friesen Properties Llc $144,500
Previous Owner Peterson Chantel $89,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $112,000 0.0% $59 / Sq Ft
09/15/2016 09/15/16 For Sale $112,000 -- $59 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
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 $2,374 $169,600 $19,900 $149,700
2024 $2,374 $171,100 $19,900 $151,200
2023 $2,274 $171,100 $19,900 $151,200
2022 $2,092 $159,100 $19,900 $139,200
2021 $2,062 $134,900 $19,900 $115,000
2020 $1,968 $126,300 $19,900 $106,400
2019 $2,114 $126,300 $19,900 $106,400
2018 $2,046 $135,400 $19,900 $115,500
2017 $1,856 $132,100 $19,900 $112,200
2016 $1,738 $124,400 $19,900 $104,500
2015 $17 $116,700 $19,900 $96,800
2014 $1,932 $112,300 $19,900 $92,400
Source: Public Records

Agents Affiliated with this Home

  • Dennis Terrell

    Seller's Agent in 2016

    Dennis Terrell

    RE/MAX

    (507) 340-4562

    166 Total Sales

    Dennis Terrell
    Section Image
  • Rebecca Thate

    Buyer's Agent in 2016

    Rebecca Thate

    RE/MAX

    (507) 553-6442

    6 in this area

    266 Total Sales

    Rebecca Thate
    Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7012855

REALTOR® Association of Southern Minnesota

APN: R01-09-07-410-016

Minnesota Blue Earth County Mankato 56001 Riverfront Park

518 N Broad St, Mankato, MN

Not Listed for Sale

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