NOT LISTED FOR SALE

Estimated Value: $171,000 - $187,000

2 Beds
2 Baths
1,200 Sq Ft
$150/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $115,000 $96 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,134/month

62 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • Forced Air Heating System
  • Roosevelt Elementary School Rated A-
  • Landscaped
  • High Speed Internet

About This Home

As of November 2018

Character and charm describe this side by side duplex in West Mankato. Two 1 bedroom units, with good rental history. Tenants pay all utilities except water, sewer,garbage. Separate water heaters and furnaces. All new vinyl windows 1 year ago. Roof was new in 2010. Left side of duplex recently remodeled.

Last Agent to Sell the Property

TAMARA MULLIGAN

TRUE REAL ESTATE License #40064475 Listed on: 08/30/2018

TRUE REAL ESTATE

Co-Listed By

Michael Mulligan

TRUE REAL ESTATE License #40545189

Last Buyer's Agent

Christa Wolner

Connect Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,190

Year Built

  • 1946

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50x82
  • Landscaped
  • Corner Lot
  • Few Trees

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Range
  • Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Parking Space Included
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Location

  • Ground Level

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for broadband, cable TV, electric, fuel
  • The owner pays for maint/repair, trash, water/sewer
  • Assessor Parcel Number R01.08.13.301.025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,190

Year Built

1946

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Style: Duplex - Side by Side
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1200
  • L V T Date: 08/31/2018
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R01.08.13.301.025
  • Rental License: Yes
  • Stories: 1 Story
  • Street Designation: Avenue
  • Estimated Number of Acres: 0.09
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1946

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Finished Above Grade Sq Ft: 1200
  • Total Square Footage: 1200

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Stucco, Wood
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Concrete

Garage/Parking

  • Number Off Street Parking: 2

Utilities

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

Lot Info

  • Lot/Land Description: Corner Lot, Landscaped, Tree Coverage - Light, Paved Streets
  • Estimated Lot Dimensions: 50x82

Rental Info

  • Owner Expense: Maint/Repair, Trash, Water/Sewer
  • Tenant Expense: Broadband, Cable TV, Electric, Fuel
  • Type of Tenancy: Month to Month

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Nov 30, 2018
Sold by
Groebner Russell J
Bought by
Wolner Christa and Wolner Mark
Seller's Agent
TAMARA MULLIGAN
TRUE REAL ESTATE
Buyer's Agent
Christa Wolner
Connect Real Estate Group
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%
Current Estimated Value
$180,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,565
Avg. Annual Appreciation
6.65%
Original Mortgage
$86,250
Outstanding Balance
$75,988
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$104,577
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wolner Christa $115,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolner Christa $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2018 11/30/18 Sold $115,000 -7.9% $96 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $124,900 -- $104 / 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 $2,190 $153,800 $20,900 $132,900
2024 $2,190 $157,700 $20,900 $136,800
2023 $2,084 $151,000 $20,900 $130,100
2022 $1,942 $145,700 $20,900 $124,800
2021 $1,814 $125,000 $20,900 $104,100
2020 $1,706 $109,300 $20,900 $88,400
2019 $1,564 $109,300 $20,900 $88,400
2018 $2,018 $99,800 $20,900 $78,900
2017 $1,840 $96,200 $20,900 $75,300
2016 $1,860 $88,100 $20,900 $67,200
2015 $17 $89,600 $20,900 $68,700
2014 $1,418 $82,300 $20,900 $61,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7018948

REALTOR® Association of Southern Minnesota

APN: R01-08-13-301-025