Seller's Agent in 2024
Nick Nathe
(763) 355-4477
2 in this area
47 Total Sales
520 E Elm St Mankato, MN 56001
Washington Park NeighborhoodEstimated Value: $204,000 - $240,000
4
Beds
2
Baths
1,952
Sq Ft
$117/Sq Ft
Est. Value
Highlights
- No HOA
- The kitchen features windows
- Patio
- Franklin Elementary School Rated A
- 1 Car Attached Garage
- Living Room
About This Home
As of October 2024This clean 4-bed, 2-bath home in central Mankato with a 5-unrelated rental license is a fantastic opportunity for both homeowners and investors alike. Featuring a spacious walk-out basement and numerous updates, this property offers comfort, convenience, and modern living. The main floor has a spacious living room, two large bedrooms, and a full bathroom. Enjoy brand new kitchen appliances and a new AC, all installed in the summer of 2024. The staircase leading to the basement has been upgraded with fresh carpet. The large family room in the basement features a cozy fireplace, bar, and 3/4 tiled bath. Two newly renovated bedrooms feature durable waterproof, mold-resistant laminate flooring, and the family room has also been updated with the same high-quality flooring. Individual heaters in the bedrooms allow for customizable heat setting. A large utility/laundry room and an expansive concrete storage room complete the lower level, with walk-out access to a private parking in the backyard. PLEASE NOTE: 5-unrelated rental license; New Attic A/C Unit (Summer 2024); New Refrigerator (2024), New Stove (2024), New Dishwasher (2024), New Staircase Carpeting (2024), Radon Mitigation System installed during previous purchase; 200 AMP electrical service.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,014
Year Built
- Built in 1959
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 70 x 75
- Partially Fenced Property
- Few Trees
- Zoning described as Residential-Multi-Family,Residential-Single Family
Parking
- 1 Car Attached Garage
- Open Parking
Home Design
- Wood Siding
Interior Spaces
- 1-Story Property
- Wood Burning Fireplace
- Fireplace Features Masonry
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Storage Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Basement Storage
- Basement Window Egress
Outdoor Features
- Patio
Utilities
- Central Air
- Space Heater
- Baseboard Heating
- 200+ Amp Service
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R010907477015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2024
Closed on
Oct 25, 2024
Sold by
Kwot Paralia
Bought by
Milbrett Samuel
Seller's Agent
Nick Nathe
Buyer's Agent
Angela Elliott
List Price
$249,000
Sold Price
$233,800
Premium/Discount to List
-$15,200
-6.1%
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,480
Avg. Annual Appreciation
-2.10%
Original Mortgage
$4,235
Outstanding Balance
$4,193
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$224,127
Purchase Details
Listed on
Aug 15, 2018
Closed on
Nov 27, 2018
Sold by
Hillesheim Bennett L and Hillesheim Debra K
Bought by
Kwot Paralia O
Seller's Agent
MICHELLE HARMON
CENTURY 21 ATWOOD
Buyer's Agent
Lauren Swantko
Keller Williams Premier Realty
List Price
$165,000
Sold Price
$165,000
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
$162,011
Interest Rate
4.8%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Milbrett Samuel | $233,800 | -- | |
| Kwot Paralia O | $165,000 | Minnesota River Valley Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Milbrett Samuel | $4,235 | |
| Previous Owner | Kwot Paralia O | $162,011 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/25/2024 10/25/24 | Sold | $233,800 | -6.1% | $120 / Sq Ft | |
| 10/07/2024 10/07/24 | Pending | -- | -- | -- | |
| 09/16/2024 09/16/24 | For Sale | $249,000 | +50.9% | $128 / Sq Ft | |
| 11/29/2018 11/29/18 | Sold | $165,000 | 0.0% | $85 / Sq Ft | View Prior Sale |
| 10/18/2018 10/18/18 | Pending | -- | -- | -- | |
| 08/15/2018 08/15/18 | For Sale | $165,000 | -- | $85 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $1,978 | $193,000 | $25,100 | $167,900 |
| 2024 | $1,978 | $198,200 | $25,100 | $173,100 |
| 2023 | $1,966 | $198,200 | $25,100 | $173,100 |
| 2022 | $1,752 | $184,400 | $25,100 | $159,300 |
| 2021 | $1,722 | $156,900 | $25,100 | $131,800 |
| 2020 | $1,630 | $146,800 | $25,100 | $121,700 |
| 2019 | $1,468 | $146,800 | $25,100 | $121,700 |
| 2018 | $1,992 | $134,800 | $25,100 | $109,700 |
| 2017 | $1,828 | $131,700 | $25,100 | $106,600 |
| 2016 | $1,734 | $124,400 | $25,100 | $99,300 |
| 2015 | $14 | $117,000 | $25,100 | $91,900 |
| 2014 | $1,792 | $342,000 | $75,300 | $266,700 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Nathe
-
Angela Elliott
A
Buyer's Agent in 2024
Angela Elliott
(952) 250-1852
2 in this area
96 Total Sales
-
M
Seller's Agent in 2018
MICHELLE HARMON
CENTURY 21 ATWOOD
-
L
Buyer's Agent in 2018
Lauren Swantko
Keller Williams Premier Realty
Map
Source: NorthstarMLS
MLS Number: 6602313
APN: R01-09-07-477-015
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