NOT LISTED FOR SALE

525 N 6th St Mankato, MN 56001

Washington Park Neighborhood

Estimated Value: $204,000 - $337,000

5 Beds
3 Baths
2,038 Sq Ft
$127/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $140,000 $69 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,632/month

54 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Landscaped
  • Franklin Elementary School Rated A
  • Woodwork
  • Forced Air Heating and Cooling System

About This Home

As of July 2015

Calling all investors! here is a solid home with a current rental license for 5 unrelated. Home has been well taken care off and maintained. The living space in this home is amazing! All 5 bedrooms are large with good size closets. Oak stained kitchen cabinets, large dining and living room with a nice sun room off of the living room. It also offers a bathroom on each level, front porch and plenty of off street parking. Recently, carpets were replaced, a/c and furnace. This home is ready to start cash-flowing!

Last Agent to Sell the Property

Carlos Carrera

RE/MAX DYNAMIC AGENTS Listed on: 04/29/2015

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Carlos Carrera

RE/MAX DYNAMIC AGENTS Listed on: 04/29/2015

RE/MAX DYNAMIC AGENTS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,284

Year Built

  • 1919

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Landscaped
  • Few Trees

Parking

  • 1 Car Detached Garage
  • 5 Parking Spaces Included
  • Shared Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Stucco Exterior

Interior Spaces

  • 2,038 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electric, trash, water/sewer, fuel
  • The owner pays for maint/repair
  • Assessor Parcel Number R01.09.07.479.013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,284

Year Built

1919

Lot Details

0

Parking

1

Listing Details

  • Class: MULTI-FAMILY
  • Style: Single Family Rental (L)
  • Construction: Previously Owned
  • Foundation Size: 884
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R01.09.07.479.013
  • Price Per Square Foot: 47.91
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 1406
  • Estimated Number of Acres: 0.16
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1919

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2038
  • Total Square Footage: 2922

Exterior Features

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

Garage/Parking

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

Utilities

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

Schools

  • School District: Mankato #77

Lot Info

  • Lot/Land Description: Landscaped, Tree Coverage - Light, Paved Streets
  • Estimated Lot Dimensions: 50x140

Rental Info

  • Owner Expense: Maint/Repair
  • Tenant Expense: Cable TV, Electric, Trash, Water/Sewer, Fuel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jul 24, 2015
Sold by
Glenz Michael Michael
Seller's Agent
Carlos Carrera
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Carlos Carrera
RE/MAX DYNAMIC AGENTS
List Price
$154,900
Sold Price
$140,000
Premium/Discount to List
-$14,900
-9.62%
Total Days on Market
54
Current Estimated Value
$258,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,246
Avg. Annual Appreciation
6.36%
Original Mortgage
$140,000
Outstanding Balance
$111,636
Interest Rate
4.04%
Estimated Equity
$146,219
Source: Public Records

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Range of Values:

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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
-- $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2015 07/24/15 Sold $140,000 -9.6% $69 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $154,900 -- $76 / 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
2024 $2,284 $200,300 $24,500 $175,800
2023 $2,444 $202,800 $24,500 $178,300
2022 $2,268 $188,600 $24,500 $164,100
2021 $2,246 $160,100 $24,500 $135,600
2020 $2,156 $150,300 $24,500 $125,800
2019 $1,846 $150,300 $24,500 $125,800
2018 $1,792 $143,100 $24,500 $118,600
2017 $1,618 $139,700 $24,500 $115,200
2016 $1,470 $131,800 $24,500 $107,300
2015 $14 $120,100 $24,500 $95,600
2014 $1,688 $347,400 $73,500 $273,900
Source: Public Records

Agents Affiliated with this Home

  • Carlos Carrera

    Seller's Agent in 2015

    Carlos Carrera

    RE/MAX

    (507) 720-4663

    2 in this area

    47 Total Sales

    Carlos Carrera
    Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7008224

REALTOR® Association of Southern Minnesota

APN: R01-09-07-479-013

Minnesota Blue Earth County Mankato 56001 Washington Park

525 N 6th St, Mankato, MN

This home is located at 525 N 6th St, Mankato, MN 56001 since 29 April 2015 and is currently estimated at $258,246, approximately $126 per square foot. This property was built in 1919. 525 N 6th 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.

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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